Italy

Science & Technology

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.

Finance & Economics

UniCredit Buys Stake in Commerzbank

Italian UniCredit on Wednesday, September 11, announced the acquisition of a 9% stake in German Commerzbank.

Articles

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.

Science & Technology

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.

News

Italy Privacy Watchdog Fines Unicredit

In Italy, the local data protection authority fined the bank UniCredit.

Articles

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 […]

News

UniCredit Shares Demonstrate Growth

UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.

Science & Technology

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.

Finance & Economics

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

News

Italy Accepts Data Portability Offer From Google

In Italy, the local antitrust regulator has completed an investigation into Google over data portability.

News

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.

News

OpenAI Reopens ChatGPT to Italian Users

OpenAI has announced that the chatbot ChatGPT has become available to Italian users again.

Science & Technology

What’s New With Generative AI: ChatGPT Gets Compliance Deadline, Open-Source LLMs Revealed, and More

The development of generative AI tools is taking great strides at the peak of the popularity of OpenAI’s ChatGPT. Here are the last updates on the technology

Science & Technology

ChatGPT Maker to Propose Remedies Over Italian Ban

ChatGPT manufacturer OpenAI intends to present an action plan aimed at eliminating the problems that caused the decision to ban the chatbot in Italy by the local authorities.

Reports

Italy Sees the Fastest Growth of In-Store Mobile and Wearable Transactions

In-store mobile and wearable transaction values in Italy rose by 122% in 2022 to hit $17.5 billion

Blockchain & Crypto

Italy Approves 26% Tax on Crypto

The Italian Senate approved the budget legislation for 2023, including a new tax rate for crypto trading