EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’

EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’
EU Antitrust Chief Margrethe Vestager Says AI Needs ‘Vibrant Competition’
April 26, 2024  |  Artificial Intelligence

In a meeting that underscores the European Union’s ongoing scrutiny of the tech industry, Margrethe Vestager, the EU’s antitrust chief, held discussions with representatives from the French...

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TikTok Suspends Rewards Program Amid EU Pressure
TikTok Suspends Rewards Program Amid EU Pressure
April 24, 2024  |  Social Commerce

TikTok has suspended a rewards program on TikTok Lite amid a dispute with European Union (EU) regulators. “TikTok always seeks to engage constructively with the EU Commission and...

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EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
April 19, 2024  |  Mobile Commerce

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...

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German Agency Criticizes EY’s Audits of Wirecard
German Agency Criticizes EY’s Audits of Wirecard
April 19, 2024  |  Cybersecurity

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations...

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Why Europe Must End Its 30-Year Digital Winter to Ensure Its Long-Run Future
Why Europe Must End Its 30-Year Digital Winter to Ensure Its Long-Run Future
April 18, 2024  |  Opinion

In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses...

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Report: Flink Raising Money from Investors, Discussing Merger With Rivals
Report: Flink Raising Money from Investors, Discussing Merger With Rivals
April 17, 2024  |  Investments

German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors....

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European Banking Federation Says EU Should Streamline Regulation
European Banking Federation Says EU Should Streamline Regulation
April 16, 2024  |  Bank Regulation

The European Banking Federation (EBF) is calling on the European Union (EU) to streamline regulation of banks and to declare banks a “strategic sector.” The group is...

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Germany to Deliver Benefits Via Payment Cards Rather Than Cash
Germany to Deliver Benefits Via Payment Cards Rather Than Cash
April 12, 2024  |  Disbursements

The German parliament approved legislation Friday (April 12) that calls for benefits to be delivered to asylum seekers on payment cards rather than cash.  This...

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