Tag: financial institutions

X hit by complaints to EU over user data and targeted advertising

X hit by complaints to EU over user data and targeted advertising

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Elon Musk’s X social media platform has been hit by complaints by nine civil society organisations to EU and French regulators over what they say is its use of users’ data for targeted advertising that may breach EU tech rules. The organisations – AI Forensics, the Centre for Democracy and Technology Europe, Entropy, European Digital […]

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Credit Suisse to borrow billion from Swiss central bank

Credit Suisse to borrow $54 billion from Swiss central bank

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Swiss bank Credit Suisse said on March 16 it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States. Credit Suisse said it would exercise an option to borrow […]

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