European Central Bank to Launch Preparation Phase for Its CBDC in November
The European Central Bank (ECB) is currently as close as possible to launching a digital euro.
EU - page 6
EU Antitrust Regulators Fine Intel
The antimonopoly regulators of the European Union have decided to introduce a financial impact measure in the form of a fine against Intel.
Irish Regulators Fine TikTok
The Irish regulators, as part of the proceedings on the fact of TikTok’s involvement in the use of practices that violate the norms of ensuring the confidentiality of information of underage users of social networks and apps, decided to apply the measure of influence in the form of a fine in the amount of €345 […]
EU Antitrust Regulators Reportedly Suspends Investigation of Amazon’s Acquisition of iRobot
The media reported that the antitrust regulators of the European Union temporarily halted their investigation in connection with Amazon’s acquisition of the manufacturer of robot vacuum cleaners iRobot in a deal worth $1.7 billion.
EU Names Six Tech Giants to Comply With DMA
The EU regulators have come up with a list of so-called gatekeepers with enough market power to report their core platform services to the European Commission under the Digital Markets Act (DMA)
TikTok Opens Its First European Data Centre
TikTok has opened its first European data center, which is based in Dublin.
Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices
Big technology companies are preparing for the largest and most significant tightening clampdown on anti-competitive practices in the history of the European Union.
Microsoft Splits Teams from Office in EU
Microsoft will give its European business customers the opportunity to buy the Teams video and chat app separately from the Office software.
Spain’s Deputy Central Bank Governor Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
Deputy head of the Central Bank of Spain Margarita Delgado said that before making a final decision on the launch of the digital euro, the European Central Bank should analyze the potential impact of the virtual currency on the banking system of the eurozone.
MiCA: Is This Crypto Regulation Needed?
29 June, 2023 — MiCA, the ‘exhaustive’ regulatory framework erected around the crypto industry within the EU came into effect. Its purpose? To “regulate something that’s borderless, open-source, decentralised and constantly evolving”. Innovation regulation does not purport great expectations, is MiCA any different? Are innovative and autonomous financial instruments supported by the voting outcome of […]
Bunq Sees Record Funding Year With Fresh €44.5M Investment
Europe’s largest neobank bunq secures additional growth capital, bringing the total yearly investments to nearly €100M
Google Launches AI Chatbot in Europe
Google announced the launch of Bard, an artificial intelligence-based chatbot, in Europe and Brazil.
Numarics Raises €10 Million to Offer Small Businesses All-in-One Digital CFO Solution
Swiss fintech startup Numarics announced the raising of investment funds for 10 million euros following the results of the initial round of financing.
Meta Loses EU Court Fight Over German Attack on Facebook
The social network Facebook, which is part of the Meta ownership structure, lose in the Supreme Court of the European Union for the cancellation of the German antitrust decision, which provided for a review of the business strategy of the American technology firm.
Apple Defies EU Over Antitrust Charges in Spotify Probe
Apple is preparing for a confrontation with European regulators.
Travel Tech UTU Raises $33M to Promote Tax-Free Shopping
Part of Series B funding was used by utu to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to users
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