The European Union has launched an investigation into whether TikTok may have broken EU laws concerning the protection of minors, advertising transparency, and data sharing. On Monday, the European Commission—the EU’s executive branch—announced it began formal investigative proceedings into whether TikTok is in breach of the EU’s 2022 Digital Services Act (DSA). “On the basis […]
The European Union is investigating the X social media app, formerly known as Twitter, over its content moderation practices amid the ongoing Israel–Hamas conflict. The European Commission announced on Monday that it’s specifically investigating whether X’s content moderation practices violate the EU’s Digital Services Act (DSA). In particular, the investigation is set to focus on […]
EU Urges Countries to Be Constructive on Grain The EU is urging countries to be constructive on grain, despite some countries saying a flood of grains and oilseeds has impacted local farmers’ incomes. The European Commission is at odds with Poland, Hungary and Slovakia over banning grain imports from Ukraine. Brussels opted not to renew the ban […]
BRUSSELS—European Union regulators hit Google with fresh antitrust charges Wednesday, saying the only way to satisfy competition concerns about its lucrative digital ad business is by selling off parts of the tech giant’s main moneymaker. The unprecedented decision to push for such a breakup marks a significant escalation by Brussels in its crackdown on Silicon […]
Two U.S. senators will file legislation this week that would pave the way for the government to “ban or prohibit” foreign technology businesses in the United States—including the Chinese video-sharing app TikTok, Sen. Mark Warner (D-Va.) said. TikTok would be “one of the potentials” for consideration under the proposed bipartisan legislation, Warner, the head of […]
Ten months into the clash between Kyiv and Moscow, Ukraine’s death toll has remained a mystery. Recently, European Commission President Ursula von der Leyen put the number at over 100,000. But her remarks were immediately deleted by officials.
The European Commission said today it will gradually put an end to a scheme that allowed member countries to benefit from extra public support. during the COVID-19 pandemic, the EU approved a multi-billion rescue package and member states agreed on a $1.5 trillion pound recovery plan.
Boris Johnson says from March of next year, nobody should have to wait more than two months for a cancer diagnosis. The International Olympic Committee says they are in no position to judge whether Chinese tennis player Peng Shuai can speak freely to Western media or whether to investigate Peng’s sexual assault allegations. The European Commission wants […]
At the World Economic Forum in Davos, the President of the European Commission said that the EU has “set up the building blocks of a European defence union” in the latest signal that the bloc intends to create a full-fledged European army.
President Trump had his first meeting with the new president of the European Commission on Jan. 20, on the sidelines of the World Economic Forum in Davos, Switzerland. He said if a deal was not struck, Washington would strongly consider auto tariffs.
The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multi-trillion dollar foreign exchange market. Banks have been hit with billions of dollars in fines worldwide over the last decade for the rigging of benchmarks used in many day-to-day financial transactions, further damaging the industry’s fragile reputation after the financial crisis.
President Donald Trump was greeted by European Council President Donald Tusk and European Commission President Jean-Claude Juncker in Brussels on May 25. Trump was in Brussels to meet many EU leaders. Tusk talked to the press afterward, saying that he and Trump agreed on some issues—particularly counterterrorism—but differed on others.
Facebook has to pay up, to the tune of $122 million. EU regulators said the social media site deliberately misled them. In 2014 Facebook wanted to acquire messaging service WhatsApp. Facebook told the EU that it couldn’t match user accounts across platforms. In 2016 it did exactly that—and EU investigators found that Facebook knew it […]
BRUSSELS (AP)—The European Union’s point-man on Brexit urged Britain to work tirelessly to conclude negotiations on leaving the bloc, warning Wednesday that time is running out to seal a deal by 2019. Unveiling his mandate for the talks on Britain’s departure, Michel Barnier said that in the coming months he will focus on tackling three […]
European ministers decided on April 25 to reduce the cost of using cellphones. The European Commission proposed steady annual reductions for maximum charges for data, calls, and texts. We adopted two legal acts. The first was to end the mobile roaming charges and the second to pave the way for the 5G technology by legislating […]
EU antitrust regulators vetoed the proposed merger of Deutsche Boerse and the London Stock Exchange on March 29. The $31.3 billion (29 billion euro) merger would have created Europe’s biggest stock exchange. It is the companies’ fifth attempt—three public and two informal—to merge. The European Commission said the merge would have created a de facto […]
The European Commission announced on Monday (March 20) that British Prime Minister Theresa May will write to the European Union on March 29 and trigger Article 50, the formal notification of the United Kingdom’s intention to leave the European Union. That letter next Wednesday (March 29) will start the clock ticking on a two-year countdown […]
