EU

Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.

Meta Halts EU AI Model Rollout Amid Privacy Concerns, Regulatory Pressure

Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.

Read Full Article
CHINA-AUTO-SHOW

BYD's EV Sales in Europe Outperforms China Profits Even With New Tariffs

BYD continues to earn higher profits on its models in the EU than China despite the 17.4% tariffs on Chinese EV imports.

Read Full Article
Norway Files Complaint Against Meta Over AI Training on User Data

Norway Files Complaint Against Meta Over AI Training on User Data

The Norwegian Consumer Council has filed a complaint against Meta over its plans to use the images and posts of users on Facebook and Instagram to train artificial intelligence (AI) models.

Read Full Article
Google's Privacy Chief Keith Enright Is Leaving the Company After 13 Years

Japan Enacts Legislation Mandating That Google, Apple Permit Use of Third-Party Apps

Japanese legislation penalizes digital corporations like Google and Apple that don't allow third-party applications and payment systems.

Read Full Article
byd

[UPDATE] Chinese EV Shares Jump Following EU’s New Import Tariffs

Most Chinese EV manufacturers' stock prices rose on Thursday morning after the EU proposed 38% higher tariffs.

Read Full Article
EU Plans to Sanction Russia's Sovcomflot PJSC to Curb Kremlin's War Financing

EU Plans to Sanction Russia's Sovcomflot PJSC to Curb Kremlin's War Financing

The European Union is considering sanctions against Russia's Sovcomflot PJSC, a major oil-shipping company, aiming to curtail the Kremlin's financial support for its military actions in Ukraine.

Read Full Article
Volvo to Move EV Production to Belgium From China as EU Prepares to Impose Tariffs on Chinese EVs

Volvo to Move EV Production to Belgium From China as EU Prepares to Impose Tariffs on Chinese EVs

Volvo has reportedly started moving production of EVs to Belgium in anticipation of the European Union's impending taxes on China-made cars.

Read Full Article
$5 McDonald's Meal? New Offering for Low-Income Customers Could Arrive Soon

McDonald’s Loses ‘Big Mac’ Trademark Dispute to Irish Rival Supermac’s in EU Court

A high EU court sided with Irish fast-food competitor Supermac's over McDonald's in a "Big Mac" trademark dispute.

Read Full Article
EU Pays Germany EUR 1.75 Billion for LEAG’s Coal Exit

EU Pays Germany $ 1.9 Billion for LEAG’s Coal Exit

Germany said that the European Commission has agreed to compensate power company LEAG with up to$1.90 billion for deciding to move away from coal by 2038.

Read Full Article
FRANCE-ECONOMY-INDUSTRY-AVIATION-AIRBUS

Airbus CEO Urges Europe to Invest More in Defense Production

Airbus CEO Guillaume Faury has called for Europe to increase its investment in defense production.

Read Full Article
Meta's Election Tools Blocked Over Privacy Concerns Ahead of European Parliament Vote

Meta's Election Tools Blocked Over Privacy Concerns Ahead of European Parliament Vote

The Spanish Data Protection Agency has suspended Meta's election tools due to privacy concerns, blocking their rollout ahead of the European Parliament elections.

Read Full Article
EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance

EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance

The European Union's (EU) data protection task force has released its preliminary conclusions on OpenAI's compliance with privacy regulations concerning ChatGPT.

Read Full Article
French Finance Minister, Other G7 Finance Chiefs Warn of Oversaturation of Chinese Goods in Global Market

French Finance Minister, Other G7 Finance Chiefs Warn of Oversaturation of Chinese Goods in Global Market

French Finance Minister Bruno Le Maire told Bloomberg that the G7 has an issue with China’s economic model, where the country produces more and more cheaper industrial devices, which he claimed could pose a threat to the global market.

Read Full Article
SWITZERLAND-DAVOS-SUMMIT-POLITICS-ECONOMY

EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report

The EU has sought for more information about Microsoft's risk report on its generative AI tools.

Read Full Article
Facebook, Instagram Face EU Probe Over Suspicions of Failing to Protect Child Safety

Facebook, Instagram Face EU Probe Over Suspicions of Failing to Impose Child Protection Policies

The European Union is investigating Facebook and Instagram under concerns of insufficient child protection measures, with Meta facing scrutiny regarding compliance with digital regulations, particularly focusing on age verification tools and privacy safeguards for minors.

Read Full Article
1 2 3 4 5 6 7 8 9

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics