European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

EU’s AI Act Raises Questions Around Who Will Watch the Watchers

EU’s AI Act Raises Questions Around Who Will Watch the Watchers
EU’s AI Act Raises Questions Around Who Will Watch the Watchers
August 29, 2023  |  Artificial Intelligence

Lawmakers around the globe are organizing their efforts to tackle artificial intelligence (AI) more aggressively. Both Beijing and Brussels have struck first, although the European...

READ MORE >
Spanish Official Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
Spanish Official Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
August 25, 2023  |  Cross-border Payments

Before making a final decision on the potential launch of a digital euro, the European Central Bank (ECB) must assess the impact of a digital euro on...

READ MORE >
TikTok, Amazon, Google and More Scramble Before Launch of EU’s Tech Laws 
TikTok, Amazon, Google and More Scramble Before Launch of EU’s Tech Laws 
August 24, 2023  |  Legal & Regulation

It is the European Union’s (EU) digital decade — and it starts Friday (Aug. 25).  The rest of the world, particularly its tech sector, has...

READ MORE >
Europe’s Startups Stretched as VC Funding Falls 61% in First Half of ’23
Europe’s Startups Stretched as VC Funding Falls 61% in First Half of ’23
August 22, 2023  |  Startups

European startups are reportedly rethinking expansion amid a venture funding drought. As the Wall Street Journal reported Tuesday (Aug. 22), the struggle to find financing has become...

READ MORE >
Big Tech Faces ‘Glass-Steagall Moment’ in Europe
Big Tech Faces ‘Glass-Steagall Moment’ in Europe
August 20, 2023  |  Legal & Regulation

Big tech companies like Google and Apple will soon face sweeping new regulations in Europe. As The Wall Street Journal noted in a report Sunday...

READ MORE >
UK Launches FinTech Fund Backed by Mastercard and Barclays
UK Launches FinTech Fund Backed by Mastercard and Barclays
August 16, 2023  |  Startups

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund,...

READ MORE >
Crypto Company Circle Prepares for New Products and Global Expansion
Crypto Company Circle Prepares for New Products and Global Expansion
August 10, 2023  |  Cryptocurrency

Crypto company Circle Internet Financial is counting on its $1 billion cash cushion to weather fresh competition from non-crypto companies such as PayPal Holdings. Stablecoins are a...

READ MORE >
European Union Investigates Spanish Regulations on Ride-Hailing Services
European Union Investigates Spanish Regulations on Ride-Hailing Services
July 28, 2023  |  Ridesharing

The European Union (EU) is looking into the tightening of regulations experienced by ride-hailing apps in Spain. The EU has opened a preliminary probe into whether the...

READ MORE >