Tags: European Union

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.


Microsoft President Claims Few AI Deepfakes Target EU Elections, But Says They Shouldn't Declare Victory Yet

Microsoft President Brad Smith said that only a few AI deepfakes target EU elections. But this shouldn't be celebrated as a victory yet.

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.

EU Approves Law to Boost Domestic Green Tech Production, Targeting 40% Self-Sufficiency

European Union governments have officially approved the Net Zero Industry Act (NZIA) to boost green technology production, aiming to reduce reliance on US and Chinese manufacturers.


Latest News

Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
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.
EU Vows $1 Billion Aid for Lebanon Amid Spiralling Economic Crisis
The European Union has recently unveiled a substantial aid package of 1 billion euros, approximately $1.06 billion, aimed at addressing the challenges faced by Lebanon.
GERMANY-TECHNOLOGY-VR-FACEBOOK-META
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.
France, Poland, and Estonia are calling on the European Union to secure funding for defense programs in response to vulnerabilities exposed in the EU's defense capabilities during the Russia-Ukraine war.
The European Union (EU) has agreed to ban exports to three Chinese companies and blacklist North Korea's Defense Minister in new sanctions for the second anniversary of Russia's invasion of Ukraine.
EU Takes First Step to Use Frozen Assets of Russia to Rebuild Ukraine
The European Union (EU) has taken a significant step to support Ukraine by adopting a law to allocate windfall profits on frozen Russian central bank assets for rebuilding the war-struck country.
EU Seals Massive $54 Billion Aid Deal for Ukraine After Hungary Gave In
The leaders of the 27 European Union (EU) countries agreed on Thursday to give Ukraine a new $54 billion aid package after Hungary gave in not to veto the move.
Here's Why EU's Confiscation of Russian Central Bank Assets Is Highly Unlikely
The European Union (EU) is unlikely to seize the frozen assets of the Russian central bank in Europe, according to senior EU officials.
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