Mediobanca Makes $7B Bid to Acquire Banca Generali
Two prominent financial institutions in Italy – Mediobanca and Banca Generali – may merge as a result of a $7 billion deal, significantly expanding the buyer’s wealth management capabilities.
Italy
Enel Group and Algorand Partner on Innovative Blockchain Solar Panel Tokenization
From now on, individuals can acquire digital tokens to own a share of Enel Group’s solar farms, benefiting from solar energy production without installing panels on their own property.
Intesa Sanpaolo Makes First €1M Bitcoin Investment
The largest Italian bank, Intesa Sanpaolo, joined the ranks of institutional crypto investors, with its first Bitcoin purchase worth about 1 million EUR.
Amazon to Invest $1.3 Billion in Italy
Amazon’s computing unit AWS on Thursday, November 7, announced its intention to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years as part of efforts to expand its data center business in the country.
Microsoft to Invest $4.8 Billion in Italy
Microsoft last Wednesday, October 2, announced its intention to invest 4.3 billion euros ($4.8 billion) in Italy, which is by far the largest volume of financial injections by a technology giant into this country.
UniCredit Buys Stake in Commerzbank
Italian UniCredit on Wednesday, September 11, announced the acquisition of a 9% stake in German Commerzbank.
Hardware Wallets for Cryptocurrency in Italy
In the ever-evolving world of cryptocurrency, ensuring the security of your digital assets is paramount. As Italy embraces the digital currency revolution, the need for secure storage solutions becomes increasingly important.
AI Startup iGenius Seeks Funding at €1.7 Billion Valuation
Startup iGenius, which operates in the artificial intelligence industry and seeks to compete with OpenAI and other companies developing the mentioned advanced technology, seeks to raise investments worth 650 million euros ($698 million) at a post-money valuation of about 1.7 billion euros.
Italy Privacy Watchdog Fines Unicredit
In Italy, the local data protection authority fined the bank UniCredit.
Step into Style: Top Italian Shoe Brands for Women
Italian shoes hold a special place in the global fashion scene. Their reputation for quality, style, and craftsmanship is unmatched. Italy’s rich heritage and commitment to excellence have made Italian footwear synonymous with luxury. This guide will explore the top Italian shoes for women. The brands that defined the industry from classic to modern. What Draws […]
UniCredit Shares Demonstrate Growth
UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.
Italy Claims OpenAI Breaks GDPR Laws
The Italian data protection authority (DPA) has concluded that OpenAI and its popular AI chatbot ChatGPT do not comply with the European Union GDPR provisions.
Italy Revisits Bank Tax After Industry Rebuke
A controversial 40% tax on the banks’ income derived from higher interest rates was revised in Italy, now favouring banks that hold a higher proportion of government bonds
Italy Accepts Data Portability Offer From Google
In Italy, the local antitrust regulator has completed an investigation into Google over data portability.
Italian Antitrust Watchdog Cancels Payment Fees for Small Retail Transactions
In Italy, the antimonopoly regulator has decided to approve a deal that will eliminate commission fees for payments and simplify the penalty mode regarding financial operations with small cards.
OpenAI Reopens ChatGPT to Italian Users
OpenAI has announced that the chatbot ChatGPT has become available to Italian users again.
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