May 23, 2024
Apple Fights EU’s $2 Billion Antitrust Ruling

Apple has appealed a nearly $2 billion antitrust fine handed down by European regulators. As Reuters reported Tuesday (May 22), the appeal comes after the European Commission (EC) ruled this...

May 23, 2024
Bank of America: New EU Instant Payments Rules Address Liquidity...

The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no guarantee that consumers and businesses...

May 22, 2024
City of London Seeks to Boost Competitiveness, Foreign Investment

The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. The city’s...

May 22, 2024
EU Chips Act Set to Attract Over €100 Billion in...

The European Chips Act is poised to attract more than €100 billion ($108.41 billion) in private investment to the European semiconductor industry by 2030, according to Thomas Skordas, an official...

May 22, 2024
Apple Challenges €1.84 Billion EU Fine Over App Store Restrictions

Apple has filed a challenge at Europe’s second-highest court against a €1.84 billion ($2 billion) fine imposed by EU antitrust regulators. The penalty, handed down in March, accused the tech...

May 22, 2024
AI Regulations Take Shape Worldwide

New artificial intelligence (AI) regulations are rolling out around the world. Colorado has become the first U.S. state to regulate AI, aiming to prevent consumer harm and discrimination. New requirements...

May 21, 2024
Stripe Launches Its First Open Banking-Powered Payment Method in UK

Stripe has debuted an open banking-powered payment method and faster manual payouts in the United Kingdom. In addition, the company has expanded Stripe Capital to the U.K., the company said in a Tuesday...

May 21, 2024
Apple Fights €1.8 Billion EU Fine Over Music Streaming Competition

Apple is contesting a substantial €1.8 billion ($1.9 billion) fine imposed by the European Union (EU) for allegedly stifling competition from music streaming services such as Spotify Technology SA, according to...

May 21, 2024
Global Leaders Pledge to Develop AI Technology Safely Amid Regulatory...

Sixteen prominent companies leading the charge in Artificial Intelligence (AI) development have made a resolute pledge to global leaders to prioritize the safe advancement of this transformative technology. The commitment...