VENTURE CAPITAL POST

The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.

The EU may ban Russian funding for political parties, think-tanks, and other entities.

TikTok plans to take down a feature that incentivizes app users in France and Spain to watch videos, following regulatory scrutiny from the European Commission.

Meta's fee-based privacy model, facing opposition from the EU's privacy watchdog, prompts criticism for requiring users to pay for privacy protection, with advocacy groups calling for clarity on the issue.

The EU probes tech giants Apple, Google, and Meta under Digital Markets Act for potential violations to curb market dominance. Apple recently fined $2B.

Epic Games CEO Tim Sweeney said it was Apple's way of retaliating against antitrust lobbying, prompting an EU investigation and a possible billion-dollar fine for Apple.

EU fines Apple $2B for favoring its music streaming service over competitors on the App Store, marking the first antitrust penalty against the tech giant. Apple plans to appeal.

The European Commission asserts that the new functionality will negatively impact the functionality and accessibility of iOS web apps, prompting investigations into compliance with the Digital Markets Act.

O2 CZ/CETIN and T-Mobile CZ is now under investigation by the European Commission on Tuesday. European Commission is to investigate whether the mobile telecoms network-sharing deal between the two major telecommunications company restricts competition in the Czech Republic.

The European Commision has been alarmed with rising problems on fraud and fragmentation. Realizing the need to relax VAT rules, they made an action upon it.

European Union antitrust regulator resumed its review on the takeover of Baker Hughes by Halliburton. European Commission plan to reach decision in August whether to approve or veto the deal.

CK Hutchison promise to extend coverage in the UK. European Commission are currently investigating whether to approve the acquisition or not.

European legislators have started grilling multinational companies such as Google, Apple, Alphabet and McDonald's. European nations are feeling the heat of mounting political pressure to check tax evasion by foreign multinational companies.

India-based Tata Steel is reducing manpower by 1,050 in the UK operations. Tata Steel is among other steel producers suffering from falling steel prices and cheaper imports from China. The UK steel industry is urging European Commission to take necessary action against unfair trade imports.

Qualcomm Inc. altered its proxy process requiring shareholders to have their stake in the company for at least three years before nominating people for the board.