Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. The initiative is set to roll out over the next two years, allowing the Big Tech company to expand its cloud and...
While the Colosseum evokes gladiatorial battles, and Michelangelo’s Sistine Chapel frescoes hold timeless beauty, modern Italy is embracing the digital age. Today’s Italians are increasingly turning to mobile wallets and online shopping, showcasing a blend of tradition and digital innovation. In PYMNTS Intelligence’s “How the...
Italian authorities carried out inspections at the premises of Booking.com (Italia), the local company supporting Booking.com in Italy, Thursday (March 21) as part of an antitrust investigation. The inspections were done by the Italian Competition Authority (AGCM) and the Special Antitrust Unit of the Italian Financial Police, AGCM said in...
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 reported Saturday (Nov. 18), saying it is a move that should speed negotiations on the matter. The report, citing a...
July 12, 2024
While the Colosseum evokes gladiatorial battles, and Michelangelo’s Sistine Chapel frescoes hold timeless beauty, modern Italy is embracing the digital age. Today’s Italians are increasingly turning to mobile wallets and online shopping, showcasing a blend of tradition and digital innovation. In PYMNTS Intelligence’s “How the World Does Digital” report, Italy ranked in the top half […]
May 01, 2023
Real-time payment systems have become increasingly popular around the world due to the rise of digital payments and the need for faster and more efficient financial transactions. Some of the...
March 10, 2023
The current plight of the buy now, pay later (BNPL) industry has been likened to the dotcom bubble of the 2000s — from skyrocketing demand and adoption and a proliferation...
January 15, 2023
Leading up to final approval, payments-related aspects of Italy’s 2023 budget were hotly debated. One of those debates ended up with the government backtracking on an initial proposal to ditch...
December 20, 2024
OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s General Data Protection Regulation (GDPR). Italy’s data protection agency, the Garante, fined OpenAI 15 million euros (about $15.6 million), saying it found that the company used personal data to train ChatGPT without […]
October 02, 2024
Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. The initiative is set to roll out...
March 22, 2024
Italian authorities carried out inspections at the premises of Booking.com (Italia), the local company supporting Booking.com in Italy, Thursday (March 21) as part of an antitrust investigation. The inspections were done by the Italian...
November 19, 2023
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 reported Saturday (Nov. 18), saying...
