April 19, 2024
EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May. The tech company had proposed to open the system to rivals after being...
April 19, 2024
The Increased Importance of Economics in Cartel Cases
The last two decades have seen a significant amount of actual or alleged cartel conspiracies uncovered, particularly in the financial sector, such as the discovery of the LIBOR rigging and...
April 18, 2024
Regulations, Innovations and AI Define This Week in Big Tech
Big Tech companies, including Meta, Alphabet (Google), Amazon, Apple and Microsoft, aren’t getting any smaller. Not only do these businesses represent many of the world’s most valuable public companies by market capitalization,...
April 18, 2024
Choke Points, Competitiveness, and Competition
By Thorsten Käseberg1 Over the last 10 years, “choke points” have become a standard notion for trade and security policymakers in our conflict-driven, globalized interdependent world. Choke points may...
April 18, 2024
Why Europe Must End Its 30-Year Digital Winter to Ensure...
In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses compared to the U.S. and...
April 17, 2024
EU Regulators Set to Clear Microsoft’s $13B OpenAI Investment
EU antitrust regulators have reportedly determined that Microsoft’s $13 billion investment into OpenAI will not trigger a formal investigation, according to sources familiar with the matter. The decision comes as...
April 17, 2024
PayPal Leads $19 Million Series A for B2B Card Platform...
B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s total Series A financing to...
April 17, 2024
EU Privacy Watchdog Calls for Meta to Offer Ad-Free Option
The European Union’s leading privacy regulator has suggested that Meta Platforms Inc., the parent company of Facebook, should provide its users with a free option that does not involve targeted...
April 17, 2024
Report: Mistral AI Targeting $5 Billion Valuation
Mistral AI is reportedly exploring a funding round that would value it at $5 billion. The French startup has been in talks with investors about raising several hundred million dollars, The Information reported...
Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.