European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

Europe’s AI Legislation Exempts Open-Source Models
Europe’s AI Legislation Exempts Open-Source Models
December 07, 2023  |  artificial intelligence

Europe’s new AI legislation could reportedly go easy on open-source artificial intelligence models. Lawmakers in Europe were still hammering out the details of the landmark AI Act...

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Google Exec: AI Regulation Should Strengthen Innovation
Google Exec: AI Regulation Should Strengthen Innovation
November 28, 2023  |  artificial intelligence

Google’s chief legal officer thinks artificial intelligence (AI) regulation needs to bolster innovation. Although officials in Europe are hoping to agree to new AI rules in...

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France, Italy and Germany Reach Accord on AI Regulations
France, Italy and Germany Reach Accord on AI Regulations
November 19, 2023  |  artificial intelligence

Three European countries have reportedly agreed on how artificial intelligence (AI) should be regulated. Germany, France and Italy have come to an accord on the regulations, Reuters...

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France Vies to Host EU’s New Anti-Money Laundering Agency
France Vies to Host EU’s New Anti-Money Laundering Agency
November 17, 2023  |  AML

France is vying to host the European Union’s anti-money laundering (AML) agency, with French Finance Minister Bruno Le Maire presenting Paris as an ideal location...

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Digital Identity Becomes New Currency as Companies Turn IDs into Payments Credentials
Digital Identity Becomes New Currency as Companies Turn IDs into Payments Credentials
November 13, 2023  |  Digital Identity

As the payments ecosystem continues to evolve, it is missing just one key element. That element? A single source of truth in the form of...

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Report: Dutch Regulator Challenges Apple’s App Store Fees
Report: Dutch Regulator Challenges Apple’s App Store Fees
October 31, 2023  |  Apple

The Dutch Authority for Consumers & Markets (ACM) has reportedly ruled that Apple’s commission on certain app subscriptions violates the European Union’s antitrust rules. This decision comes after...

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Worldline Market Value Sinks on EU Economy
Worldline Market Value Sinks on EU Economy
October 25, 2023  |  Fintech Investments

Worldline shares reached record lows Wednesday (Oct. 25) as the company reduced its sales forecast. The French payments FinTech announced it anticipates organic revenue growth...

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Netherlands Consumer Group Sues Amazon Over Privacy Violations
Netherlands Consumer Group Sues Amazon Over Privacy Violations
October 18, 2023  |  Amazon

A Dutch consumer rights group is suing Amazon over its data tracking practices.  Stichting Data Bescherming Nederland (SDBN), a consumer rights group in the Netherlands,...

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Report: Google to Challenge EU’s Attempt to Break Up Ad Business
Report: Google to Challenge EU’s Attempt to Break Up Ad Business
October 12, 2023  |  Google

Google reportedly intends to challenge the European Union’s (EU) threat to break up its ad business. The tech giant has made it clear in a...

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