Apple received approval for its Near Field Communication (NFC) technology in Europe on Thursday. The European Union (EU) formally announced the approval after the Cupertino-based tech giant agreed to make changes that were suggested by the bloc. The company first applied for approval in 2022, however, the EU expressed concerns…
The European Union (EU) is adding more layers to its crypto-related regulations to ensure that virtual digital assets (VDAs) are not misused by criminals to conduct or finance illicit activities. The European Banking Authority (EBA) has imposed a ‘travel rule’ on crypto firms that will require them to store details…
Microsoft’s partnership with OpenAI could face an EU antitrust investigation as regulators singled out their exclusivity clauses while Google’s artificial intelligence deal with Samsung also triggered scrutiny. EU antitrust regulators will seek additional third-party views, EU competition chief Margrethe Vestager said on Friday. The moves underscore the unease among regulators…
Meta Platforms was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules as they took aim at the US company’s newly introduced pay or consent advertising model, already the target of privacy regulators and activists’ ire. The tech giant launched the no-ads subscription service…
Apple will delay launching three new artificial intelligence features because landmark European Union tech rules require it to ensure that rival products and services can function with its devices, the U.S. tech group said on Friday. Apple underscored its AI push earlier this month with a slew of new features…
MiCA — or Markets in Crypto Assets — technical standards have been published by the European Banking Authority (EBA) on Thursday. Ahead of the upcoming July deadline, the EBA has published a detailed set of guidelines around technical standards that Web3 firms operating in the region will soon be mandated…
A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows. Citing increasing market power of a few big digital companies in India,…
The European Blockchain Observatory and Forum (EUBOF) has given a heads up to the European Union (EU) to get prepared to handle the upcoming era of decentralised AI networks. In a report addressed to the EU, the EUBOF said that the merging of blockchain and AI is surfacing as a…
OpenAI’s efforts to produce less factually false output from its ChatGPT chatbot are not enough to ensure full compliance with European Union data rules, a task force at the EU’s privacy watchdog said. “Although the measures taken in order to comply with the transparency principle are beneficial to avoid misinterpretation…
Apple’s iPad has been added to a list of Big Tech products and services hit by strict new European Union rules aimed at stopping potential competition abuses before they take hold. The move means Apple has six months to make sure its tablet ecosystem complies with a raft of preemptive…
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