European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

(source: ec.europa.eu)

Microsoft Says It’s OK With OpenAI Structure Following Altman Reinstatement
Microsoft Says It’s OK With OpenAI Structure Following Altman Reinstatement
January 16, 2024  |  artificial intelligence

Microsoft CEO Satya Nadella says he has no problem with partner OpenAI’s governing makeup. His comments, as reported Tuesday (Jan. 15) by Reuters, came two months after the...

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CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 
CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 
January 15, 2024  |  Connected Economy

Friday heralded the official kick off of earnings season, with banks leading the charge. Within the CE 100 Index, gains seen in the work segment...

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Microsoft/OpenAI Relationship Could Face EU Probe
Microsoft/OpenAI Relationship Could Face EU Probe
January 09, 2024  |  Artificial Intelligence

European regulators are reviewing whether Microsoft’s involvement with OpenAI warrants further investigation. The European Commission (EC) revealed its interest in the ties between the companies Tuesday (Jan. 9) as...

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EU Antitrust Head Plans Summit With Big Tech CEOs
EU Antitrust Head Plans Summit With Big Tech CEOs
January 07, 2024  |  Big Tech

Europe’s top antitrust official is reportedly meeting with several American Big Tech CEOs this week. Margrethe Vestager will meet with executives from Apple, Google, Nvidia, Broadcom and OpenAI to discuss competition policy and digital regulation...

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EU Digital Chief Margrethe Vestager Says AI Act Enhances Innovation
EU Digital Chief Margrethe Vestager Says AI Act Enhances Innovation
December 29, 2023  |  artificial intelligence

The European Union’s (EU) competition and digital chief, Margrethe Vestager, has come forward to defend the EU’s landmark law on artificial intelligence (AI). Following criticism...

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EU to Rule on Apple Music Streaming Case in Early 2024
EU to Rule on Apple Music Streaming Case in Early 2024
December 13, 2023  |  ANTITRUST

The European Union (EU) is reportedly preparing to take action against Apple over alleged anticompetitive practices in its App Store. The EU regulators are investigating...

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Europe Plans Authority to Fight Money Laundering and Terror Financing
Europe Plans Authority to Fight Money Laundering and Terror Financing
December 13, 2023  |  AML

Officials in Europe are launching an authority to combat money laundering and terrorism financing. Known as ALMA, the group will have “direct and indirect supervisory powers over...

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Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
December 13, 2023  |  Big Tech

Google, Meta and other tech firms are lobbying for open digital ecosystems in Europe. The two companies are part of the seven-member Coalition for Open...

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Europe’s AI Legislation Exempts Open-Source Models
Europe’s AI Legislation Exempts Open-Source Models
December 07, 2023  |  artificial intelligence

Europe’s new AI legislation could reportedly go easy on open-source artificial intelligence models. Lawmakers in Europe were still hammering out the details of the landmark AI Act...

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