PYMNTS-MonitorEdge-May-2024

EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

EU Tech Investment Blossoms After Two-Year Drought
EU Tech Investment Blossoms After Two-Year Drought
June 03, 2024  |  Investments

Tech investments in Europe are reportedly in bloom after a long fallow period. This turnaround is the subject of a report Monday (June 3) by...

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Could France Lead the EU’s Digital Comeback?  
Could France Lead the EU’s Digital Comeback?  
May 27, 2024  |  Fintech Investments

After starting the year at a five-year low, France may be in a position to lead venture investment in the EU out of the dark...

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European Retailers Say Google Search Changes Favor Online Aggregators
European Retailers Say Google Search Changes Favor Online Aggregators
May 24, 2024  |  Google

The European Union (EU) is currently facing concerns from lobbying groups representing airlines, hotels and retailers regarding Google’s proposed search changes. These groups are urging EU tech regulators...

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European Data Protection Authorities to Investigate OpenAI’s ChatGPT
European Data Protection Authorities to Investigate OpenAI’s ChatGPT
May 24, 2024  |  Regulation

A task force of the European Data Protection Board (EDPB) released a report that will guide member countries’ data protection authorities (DPAs) as they investigate OpenAI’s chatbot, ChatGPT. The report provides preliminary...

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Eurozone Sees Third Straight Month of Upbeat Economic News 
Eurozone Sees Third Straight Month of Upbeat Economic News 
May 23, 2024  |  Spend Management

Businesses in the Eurozone have seen their third straight month of growth. According to The Wall Street Journal, this upward climb has been driven in a...

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

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...

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AI Regulations Take Shape Worldwide
AI Regulations Take Shape Worldwide
May 22, 2024  |  artificial intelligence

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...

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European Council Approves AI Act, Says It Sets Global Standard
European Council Approves AI Act, Says It Sets Global Standard
May 21, 2024  |  artificial intelligence

The European Council (EC) has approved the Artificial Intelligence (AI) Act, saying this law is the first of its kind in the world and may set a global...

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Anthropic Launches AI Assistant Claude in Europe
Anthropic Launches AI Assistant Claude in Europe
May 13, 2024  |  artificial intelligence

Artificial intelligence (AI) startup Anthropic has launched its AI assistant Claude in Europe. The web-based version Claude.ai, the Claude iOS app, and the subscription-based Claude Team plan that allows businesses to access the Claude 3...

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