June 18, 2024
Report: Apple Aims to Settle EU Investigation Involving Contactless Payments

Apple has reportedly made concessions to end a European Union (EU) antitrust investigation into its mobile payments system. The tech giant will give its rivals more access to its contactless technology, thereby...

June 17, 2024
Air Incheon Emerges as Preferred Bidder for Asiana Airlines’ Cargo...

In a significant development within South Korea’s aviation sector, budget carrier Air Incheon has emerged as the frontrunner to acquire Asiana Airlines’ lucrative cargo operations. This move, confirmed by Korean...

June 17, 2024
FSB Tackles Stablecoin Risks in Emerging Markets

The Financial Stability Board (FSB) is taking a closer look at stablecoin use in emerging markets. The watchdog group made that announcement following a meeting of the board’s plenary in Toronto. “In emerging market...

June 17, 2024
Apple Faces Potential $1 Billion Fine from EU Over Digital...

The European Union (EU) is gearing up to levy a substantial fine on Apple for its alleged failure to fully comply with the Digital Markets Act (DMA), as reported by...

June 16, 2024
Crypto Startups Take In $100 Billion From Investors in 10...

In the years since the industry’s founding, cryptocurrency startups have pulled in around $100 billion. That’s according to a report Saturday (June 15) by Bloomberg News, citing data from two...

June 16, 2024
EU Set to Approve Lufthansa’s 41% Stake Acquisition in ITA...

The European Union’s antitrust regulator is expected to approve Lufthansa’s acquisition of a 41% stake in ITA Airways, Italy’s national carrier. This anticipated approval follows Lufthansa’s submission of a new...

June 16, 2024
Apple and Meta Face Imminent Charges Under EU Digital Markets...

Apple and Meta Platforms are poised to face charges for non-compliance with the European Union’s Digital Markets Act (DMA) before the summer break, according to insiders familiar with the matter....

June 13, 2024
Google Faces Privacy Complaint from Austrian Advocacy Group

Alphabet Inc.’s Google is facing a new privacy complaint from the Austrian advocacy group NOYB. The complaint, filed on Thursday, alleges that Google has been tracking users of its Chrome...

June 13, 2024
EU Introduces Stricter Transparency Laws in AI Act

In a major step to regulate the fast-growing field of artificial intelligence (AI), the European Union has enacted new laws to increase industry transparency. The AI Act mandates that companies...