Consumer Group Calls On EU to Investigate Risks of Generative AI
On Tuesday, June 20, the EU’s largest consumer group, BEUC, appealed to regulators to immediately begin investigating the potential risks of generative artificial intelligence.
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ACI Worldwide Offers Instant Payments to UK and EU Merchants
ACI Worldwide has announced the launch of its instant payment solution for merchants in the UK and Europe.
Alibaba to Bring Tmall eCommerce Site to Europe
Michael Evans, president of Alibaba Group, announced the intention of the Chinese e-commerce giant to launch its Tmall website in Europe.
Gaming Startup Wargraphs Sells for $54 Million
Wargraphs, a startup that consists of one person and is developing a popular companion app for League of Legends called Porofessor, was sold for $54 million.
Nike Renews Relationships With Retailers in Shift From D2C Focus
Nike products will be available again in the warehouses of designer shoes.
B2B BNPL Provider Hokodo Acquires European Payments License
The B2B service provider Buy Now, Pay Later (BNPL) Hokodo has acquired a license, the presence of which grants the right to operate in all European financial markets.
EU Approves €8 Billion State Subsidies for Chip Research
In the European Union, it was decided to provide state subsidies in the amount of $8 billion to support research projects in the field of semiconductors.
European Tech Startup Funding to Drop 39%: Forecast & Implications
European tech startups are witnessing another tough year, the funding is steadily falling, largely due to a retreat from US investors
MiCA Now Officially Signed into Law
EU officials have signed the Markets in Crypto-Assets (MiCA) bill into law following final approval from finance ministers
Currency One Announces Appeal Against Non-Final Judgement
A court case pending since October 2013, on the charges against Currency One SA brought by Cinkciarz.pl ended with the decision of the District Court of Poznan, which has not yet entered into force.
Uber’s European Business Grows After Partnering With Taxi Drivers
Uber accounts for a growing share of taxi drivers’ business in Europe.
WhatsApp Rolls Out Message Editing
WhatsApp has announced the launch of a new feature that provides users of this messenger with the ability to edit sent messages.
Microsoft’s $69 Billion Activision Deal Wins EU Approval
In the European Union, the regulator approved Microsoft’s corporation takeover of Activision Blizzard Inc.
Bank of France Head Says Tough Regulations Make EU Lenders Robust
The head of the central bank of France said that strict measures to regulate the processes taking place in the banking sector create an advantageous position for creditors.
EPI CEO Says Europe Ready for One Digital Wallet
Martina Weimert, CEO of the European Payments Initiative (EPI), stated the need for a pan-European solution to further enhance the development of real-time payments.
Swedish Open Banking Startup Kreditz Raises €10 Million
Swedish open banking startup Kreditz has announced that it has managed to attract investment funds for 10 million euros.
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