Seeking to ensure its monetary sovereignty, the EU appointed Stefan Berger to lead the development of legislation for its digital euro.
EU
On August 25th, the EU Digital Services Act (DSA) will usher in its first phase, mandating content monitoring for tech giants.
The future of UK electric car production is in jeopardy due to an impending post-Brexit "cliff edge" in January 2024.
The UK is making a strategic move to woo the tech giants, and it has sent Joe White as a UK ambassador to Silicon Valley for this mission.
The Sino-European relations are on shaky grounds as the EU is mulling over sanctioning China over Russia-Ukraine war "transgressions."
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 […]
Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday. The company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said. Apple did not immediately […]
The United States and the European Union need to produce clear results next month from their forum on trade and technology and forge closer ties on green products and technology, European Trade Commissioner Valdis Dombrovskis said on Wednesday. Sweden will host a fourth ministerial-level meeting of the Trade and Technology Council (TTC) on May 30-31, […]
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 […]
Italy’s data protection agency said on Wednesday it would lift its temporary ban on OpenAI’s ChatGPT artificial intelligence (AI) technology if the U.S. company complied with data protection and privacy demands by end-April. Rapid advances in AI such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use of the […]