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

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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US Redlines EU’s AI Act as Nations Strive to Balance Regulation With Innovation
US Redlines EU’s AI Act as Nations Strive to Balance Regulation With Innovation
October 09, 2023  |  artificial intelligence

Governments around the world are racing to regulate artificial intelligence (AI) and its groundbreaking innovations. But the technology’s hyper rapid pace of advancement — which...

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EU and Japan Take Similar Views on Artificial Intelligence
EU and Japan Take Similar Views on Artificial Intelligence
October 09, 2023  |  artificial intelligence

When it comes to artificial intelligence (AI), Europe and Japan are reportedly of like minds. “I see a lot of convergence in how we look...

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Facial Recognition Debate Gathers Steam Despite Popularity Among Gen Z Consumers
Facial Recognition Debate Gathers Steam Despite Popularity Among Gen Z Consumers
October 06, 2023  |  Biometrics

As the use of facial recognition software continues to expand around the world, concerns about privacy and human rights violations have reignited the debate surrounding...

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Handicapping the US, UK and Europe Real-Time Payments Race
Handicapping the US, UK and Europe Real-Time Payments Race
October 06, 2023  |  Real-Time Payments

Real-time payments have revolutionized the global financial landscape, fostering greater efficiency, convenience and inclusion. Countries worldwide are embracing real-time payment systems to meet the growing...

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Meta Pitches $14 Per Month Ad-Free Social Media in Europe
Meta Pitches $14 Per Month Ad-Free Social Media in Europe
October 03, 2023  |  Meta

Meta is reportedly proposing an ad-free version of its social media platform to European users. The company has been pitching regulators the idea of a...

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EU Retailers Push Back Against 30-Day Payment Rule
EU Retailers Push Back Against 30-Day Payment Rule
October 01, 2023  |  Commercial Payments

European retailers are concerned about new rules requiring businesses to be paid within 30 days. As the Financial Times reported Sunday (Oct. 1), retailers say the...

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