EU

It’s been almost two years that China’s biggest EV maker and Tesla Inc (NASDAQ: TSLA) rival, BYD (OTC: BYDDY) entered the EU and the UK. While BYD marches on, traditional automakers like Ford Motor (NYSE: F), General Motors (NYSE: GM) and Volkswagen are struggling to adapt to the new EV...

The UK and EU are trying to catch up with the US in building their respective Consolidated Tapes (CT). The US has no intention to slow down and wait for the Europeans in market data reforms. Yet, the US D.C. Circuit ruling in July 2022 weakens the already weak proposition of the SEC's governance...

The EU has put Meta Platforms Inc. (NASDAQ:META) on notice over its “pay or consent” model for Facebook and Instagram, citing potential violations of consumer protection laws. What Happened: The EU’s Consumer Protection Cooperation or CPC Network has given Meta...

The European Union Commissioner for Internal Market, Thierry Breton, has leveled charges against Elon Musk’s X, formerly Twitter, alleging deceptive practices and lack of transparency. The tech billionaire has now alleged that the commission “offered X an illegal secret deal.”...

European Commission president Ursula von der Leyen has suggested that a ban on TikTok in the EU is a possibility. What Happened: Von der Leyen made the statement during a debate in Maastricht on Monday, where the lead candidates for the 2024 EU election were discussing...

The European Union’s (EU) new regulations are proving to be a game-changer for independent browser companies, as they witness a surge in user numbers, challenging the dominance of tech giants Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:...

Days after New York City filed a lawsuit against ByteDance-owned TikTok over alleged harm to minors’ mental health, the European Union has initiated a formal investigation into the social media platform for potential breaches of online content regulations. What Happened: The body’s...

European Union officials have begun a process to compile guidelines for Big Tech companies to safeguard the democratic process as nearly a third of the world’s population goes to the polls this year. The chief concerns are over the spread of disinformation, hate speech and other malicious...

In a significant move, European Union leaders decided to extend an aid package to Ukraine, despite Hungary’s resistance. What Happened: The EU leaders reached a unanimous decision on Thursday to provide Ukraine with a new aid package of 50 billion euros or $54 billion, Reuters reported. This...

Apple Inc. (NASDAQ:AAPL) has initiated the beta testing phase of its iOS 17.4, introducing the feature of app sideloading exclusively for users in the EU.  What Happened: The introduction of app sideloading is Apple’s response to the EU’s Digital Markets Act or DMA antitrust...

The services business of Apple Inc. (NASDAQ:AAPL), bringing in $85 billion annually, is bracing for potential impacts from a succession of legal and regulatory rulings expected in 2024. What Happened: According to the Financial Times, a U.S. antitrust trial against Alphabet Inc.-owned (NASDAQ:GOOGL...

The EU faces a significant tech challenge. Countries like France, Germany, and Italy oppose a proposed artificial intelligence (AI) legislation, aimed at regulating foundational AI models. Amnesty International's Secretary-General Agnes Callamard urged France, Germany, and Italy to reconsider...

Dutch stocks edged 0.3% higher in Amsterdam, albeit in thinner trading conditions owing to the U.S. Thanksgiving holiday. This reaction marked the first market test following the surprising victory of far-right anti-EU populist Geert Wilders in the Dutch elections. Wilders, leading the Party for...

The Frankfurt Stock Exchange announced its plans to include a crypto trading facility in the next couple of years. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, Hedera, Citi, BMO, Northern Trust, ...

Robinhood’s (NASDAQ: HOOD) third-quarter transaction-based revenues on cryptocurrencies indicated a significant plunge (55% year-over-year and 26% quarter-over-quarter) compared to the softer drop of 13% in transaction revenues for equities. Industry titans BlackRock, DTCC,...