US private equity giant Blackstone has increased its takeover bid for Warehouse REIT, valuing the UK-listed firm at approximately £489 million ($666 million), according to Reuters. The revised offer surpasses a previously agreed proposal from Tritax Big Box REIT, escalating the competition to acquire the real estate investment trust. Get…

European Union member states are entitled to adopt national measures aimed at strengthening the negotiating power of news publishers when dealing with major online platforms, provided such rules do not interfere with the principle of contractual freedom, according to a senior legal adviser to the EU’s top court. Get the…

The European Commission has introduced a new voluntary code of practice aimed at guiding companies through the complex regulatory framework of the EU’s pioneering Artificial Intelligence (AI) Act. The code is designed to support compliance with key aspects of the law, emphasizing transparency, copyright obligations, and safeguards related to safety…

Ireland’s Data Protection Commission (DPC) has launched a fresh inquiry into TikTok, focusing on the recent disclosure that a portion of European user data had been temporarily stored on servers in China. This new investigation intensifies the scrutiny facing the Chinese-owned social media platform in Europe, where data privacy regulations…

The acquisition, Merck’s first major transaction of 2025, underscores the company’s efforts to prepare for the eventual loss of exclusivity on Keytruda, its top-selling cancer immunotherapy drug, which generated nearly $30 billion in revenue last year. Key patents for the therapy are expected to begin expiring in 2028, prompting concerns…

A Senate hearing Wednesday to consider a crypto market structure bill turned heated at times, with senators and witnesses shouting and talking over each other as they sparred over how the market should be regulated and concerns over President Trump and the Trump family’s extensive crypto dealings. The hearing, before…

T-Mobile US announced it is dismantling all diversity, equity, and inclusion (DEI) initiatives company-wide, according to documents released Wednesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS…

The French competition regulator announced on Wednesday that it has formally notified Meta Platforms, the parent company of Facebook, of allegations concerning the abuse of its dominant position in the online advertising market. According to Reuters, this marks the beginning of a lengthy investigation that could extend over several months.…