-
After Biden Signs TikTok Ban Into Law, Top EU Leader Says Not Ruling Out Action Against Chinese Platform: 'We Know Exactly The Danger'
Monday, April 29, 2024 - 9:39pm | 652European Commission president Ursula von der Leyen has suggested that a ban on TikTok in the EU is a possibility. What Happened: Von der Leyen made the statement during a debate in Maastricht on Monday, where the lead candidates for the 2024 EU election were discussing...
-
TikTok Will Stop Paying People For Using The App After EU Raised Addiction Concerns
Thursday, April 25, 2024 - 4:50pm | 473TikTok Lite recently hit pause on its reward system in the EU due to concerns raised by regulators. According to The Verge, the feature — which allowed users in France and Spain to earn small amounts daily for interacting with videos — came under scrutiny for its potential to encourage addiction,...
-
Apple, Google, And Microsoft Suffer As Small Browsers Gain Market Share After This New Law Made It Easier To Switch To Rivals
Wednesday, April 10, 2024 - 5:58am | 843The European Union’s (EU) new regulations are proving to be a game-changer for independent browser companies, as they witness a surge in user numbers, challenging the dominance of tech giants Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:...
-
Cannabis On The Rise In Europe: Why Germany's Legalization Is A Game Changer For The Ecosystem
Monday, April 1, 2024 - 3:34pm | 985Germany's legalization of recreational cannabis is destined to have a huge impact on Europe. And yes, some local market entrepreneurs and big corporations might be slightly disappointed with the not-for-benefit approach although broader implications suggest a rich landscape of...
-
Epic Victory: Fortnite Returns To iOS In Europe As Apple Relents On EU Ban
Friday, March 8, 2024 - 4:38pm | 517Editor's note: This article has been updated to include a statement from Apple. Apple Inc (NASDAQ: AAPL) has reversed its decision to ban Epic Games, the developer of "Fortnite," from launching its own app store on iOS in Europe, following pressure from European Union (EU)...
-
TikTok Under Investigation Over Possible Violations Of Child Protection Rules By The EU
Monday, February 19, 2024 - 9:59pm | 781Days after New York City filed a lawsuit against ByteDance-owned TikTok over alleged harm to minors’ mental health, the European Union has initiated a formal investigation into the social media platform for potential breaches of online content regulations. What Happened: The body’s...
-
Big Tech Must Protect Democracy: EU Drafts Misinformation Guidelines Ahead Of Elections
Thursday, February 8, 2024 - 2:00pm | 732European Union officials have begun a process to compile guidelines for Big Tech companies to safeguard the democratic process as nearly a third of the world’s population goes to the polls this year. The chief concerns are over the spread of disinformation, hate speech and other malicious...
-
EU Leaders Unanimously Agree To $54B Aid For Ukraine Despite Hungary's Opposition
Thursday, February 1, 2024 - 1:05pm | 548In a significant move, European Union leaders decided to extend an aid package to Ukraine, despite Hungary’s resistance. What Happened: The EU leaders reached a unanimous decision on Thursday to provide Ukraine with a new aid package of 50 billion euros or $54 billion, Reuters reported. This...
-
Apple Embraces Change: iOS 17.4 Beta Introduces App Sideloading — But Only For EU Users
Friday, January 26, 2024 - 7:56am | 600Apple Inc. (NASDAQ:AAPL) has initiated the beta testing phase of its iOS 17.4, introducing the feature of app sideloading exclusively for users in the EU. What Happened: The introduction of app sideloading is Apple’s response to the EU’s Digital Markets Act or DMA antitrust...
-
Apple's $85B Services Business In Crosshairs Of Legal And Regulatory Rulings
Wednesday, January 3, 2024 - 1:54am | 725The services business of Apple Inc. (NASDAQ:AAPL), bringing in $85 billion annually, is bracing for potential impacts from a succession of legal and regulatory rulings expected in 2024. What Happened: According to the Financial Times, a U.S. antitrust trial against Alphabet Inc.-owned (NASDAQ:GOOGL...
-
Are France, Germany And Italy Blocking AI Protections? Amnesty International Weighs In
Tuesday, November 28, 2023 - 11:53am | 444The EU faces a significant tech challenge. Countries like France, Germany, and Italy oppose a proposed artificial intelligence (AI) legislation, aimed at regulating foundational AI models. Amnesty International's Secretary-General Agnes Callamard urged France, Germany, and Italy to reconsider...
-
Dutch Stocks Nudge Upward On Thanksgiving After Anti-Islam, Trump-Fan Geert Wilders Wins Elections
Thursday, November 23, 2023 - 1:03pm | 541Dutch stocks edged 0.3% higher in Amsterdam, albeit in thinner trading conditions owing to the U.S. Thanksgiving holiday. This reaction marked the first market test following the surprising victory of far-right anti-EU populist Geert Wilders in the Dutch elections. Wilders, leading the Party for...
-
Frankfurt Stock Exchange Highlights Crypto Trading Facility In 2026 Strategic Priorities
Thursday, November 9, 2023 - 2:18pm | 559The Frankfurt Stock Exchange announced its plans to include a crypto trading facility in the next couple of years. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, Hedera, Citi, BMO, Northern Trust, ...
-
Robinhood's Plunge Of 55% In Crypto Trading Revenue Is No Barrier To Launch Its EU Crypto Trading
Wednesday, November 8, 2023 - 7:39pm | 756Robinhood’s (NASDAQ: HOOD) third-quarter transaction-based revenues on cryptocurrencies indicated a significant plunge (55% year-over-year and 26% quarter-over-quarter) compared to the softer drop of 13% in transaction revenues for equities. Industry titans BlackRock, DTCC,...
-
EU Regulators To Discuss Data Protection And Disinformation With TikTok CEO Shou Zi Chew
Friday, November 3, 2023 - 11:09pm | 723In a significant development, TikTok CEO Shou Zi Chew is scheduled to hold discussions with EU regulators next week. The meetings will focus on critical issues such as data protection, disinformation and competition regulations. What Happened: As reported by Bloomberg...