Meta has postponed the release of its text-based social media app, Threads, in the EU due to worries about data privacy practices.
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Google faces lawsuit over ad tech monopoly: Gannett, the largest newspaper publisher in the United States, has filed a lawsuit against Google in a Manhattan federal court, claiming that the tech giant has established a monopoly over the online advertising industry. The lawsuit, announced on Tuesday, accuses Google of monopolizing advertising technology markets and engaging […]
Earlier today, officials from the European Union (EU), Malaysia, and Singapore expressed skepticism regarding the United States’ efforts to exclude China from the global high-tech trading system. These countries are reluctant to join the US in its attempts to curb China’s rapid expansion as a global technology power. Meanwhile, France is intensifying pressure on the […]
BRUSSELS, BELGIUM: The European Parliament has taken a significant step towards regulating artificial intelligence (AI) products with the passage of the first draft of the EU AI Act regulations. The proposed law aims to ensure a safe development and application of AI systems, all while ensuring they respect international human rights laws. The EU’s initiative sets […]
As the world becomes increasingly complex and interconnected, it’s impossible to ignore the role that private companies and investors play in shaping military power and geopolitical influence. While governments and militaries have traditionally been at the forefront of defense and security, the power of private investments in these areas should not be underestimated. Private companies, […]
Italy’s recent ban on ChatGPT has caused quite a stir among European regulators, sparking debates and discussions about AI regulation. While parts of the world are focused on dealing with the TikTok ban dilemma, Italy has taken a proactive stance on ChatGPT. Until April 30th, Italy has blocked access to the AI tool. This decision […]
The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents. The growing use of cyber warfare in the military conflict between Russia and Ukraine has also triggered alarm. “The EU Cyber Solidarity Act will strengthen solidarity at Union level […]
European Union plans, due next week, will seek to speed up handling of failing banks to ensure they are not bailed out by taxpayers but “bailed in” using their own resources, EU documents seen by Reuters showed. The draft plans would have a requirement for EU authorities, including the European Central Bank, to give an […]
French officials were in damage control mode on Tuesday as they tried to contain anger, division and confusion sparked by President Emmanuel Macron’s comments on Europe’s dependence on the United States and its relations with China and Taiwan. Macron’s comments came in an interview on a trip to China that was meant to showcase European […]
Global companies that form alliances to help them to tackle climate change need clear “safe harbour” guidelines from governments to allay fears they could be tripped up by antitrust rules, legal experts said. Hundreds of companies have banded together into various groups with pledges to reduce carbon emissions to net zero by mid-century. But there […]