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Industry Keyword: EU

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Facebook owner Meta will block access to Russia’s RT, Sputnik in EU

Meta Platforms Inc, parent company of Facebook, will restrict access to Russian state media outlets RT and Sputnik on its platforms across the European Union, the company's head of global affairs has said. The controversial...

Vestager says tech giants may prefer EU fines to compliance, cites Apple

Some US tech giants may prefer to pay a fine rather than comply with antitrust rules, the European Union's antitrust chief said, and cited Apple's fight with the Netherlands' competition authority as an example. The...

Users should be allowed to sue US tech giants under EU rules, civil groups say

Individual users should be allowed to take US tech giants to court for breaching landmark EU rules aimed at curbing their power, Privacy International, pan-European consumer group BEUC and a number of academics said...

Ireland nears Facebook decision key to EU-US data transfers

The Republic of Ireland's data watchdog expects to consult fellow EU regulators in April on its investigation into Facebook's data transfers, moving closer to a decision that could hammer transatlantic business if it bans...

Europe’s bid for AI standard faces long road, EU lawmakers say

Europe's effort to set a standard for artificial intelligence will likely take more than a year, with the debate focusing on whether facial recognition should be banned and who should enforce the rules, two...

Meta closes Kustomer deal after regulatory approval

Meta Platforms Inc has said it had closed its acquisition of Kustomer, a US customer service start-up, after winning conditional European Union antitrust approval for the deal last month. The purchase was first announced in...

Global regulators going ‘full steam’ to tame crypto currencies

Regulators came late to the fast evolving cross-border world of cryptoassets but they could come up with their first global framework of rules within months, a senior official has said. The Financial Stability Board, which...

EU and tech giants boost cooperation on fighting online hate

European justice ministers and tech giants Google's and Meta have agreed that a clear legal framework was needed to step up cooperation against online hate, France's justice minister said. Social media and online platforms face...

EU: WhatsApp has until end of Feb to clarify privacy policy change

Facebook unit WhatsApp has been given until the end of February to explain changes to its privacy policy and whether this complies with EU consumer protection laws after complaints from consumer groups, the European...

Google launches fresh appeal to overturn $2.8 billion fine at top EU court

Google is filing an appeal at the European Union's top court against an earlier decision to uphold a $2.8 billion antitrust fine, a spokesperson for the Alphabet unit said late on Thursday, the company's...

Antitrust: India orders Apple probe over alleged abuse of app market

India's competition watchdog on Friday ordered an investigation into Apple Inc's business practices in the country, saying it was of the initial view that the iPhone maker had violated certain antitrust laws. The order from...

Big Tech critics ask Raimondo for meeting after critique of European proposals

Critics of tech giants like Google pressed Commerce Secretary Gina Raimondo for a January meeting after she expressed concern about proposed legislation in Europe aimed at reining in the US platforms. Yelp, the News Media...