Tag: European Commission

Here you will find all the articles with the tag: European Commission.

Successor Privacy Shield approved: Schrems’s turn again

Successor Privacy Shield approved: Schrems’s turn again

A successor to Privacy Shield received official approval from the European Commission on Monday. This allows data on EU residents to be sent to the US again. Because the new framework better restrains the U.S. from requesting the data, lawmakers believe the deal will hold up. At a press confere... Read more

date10 months ago
Digital euro still has many question marks among banks

Digital euro still has many question marks among banks

The European Commission wants to complete a digital euro to make transactions easier for Europeans. In addition, it would be a stable alternative to the wild west of crypto currencies because the European Central Bank (ECB) guarantees its value. However, the Dutch banking association NVB wants more... Read more

date10 months ago
Europe, ASML and Flanders get imec ready for modern chips

Europe, ASML and Flanders get imec ready for modern chips

Imec is negotiating additional subsidies with the European Commission worth 750 million euros. That money will be used for the construction of a new clean room. If imec concludes the negotiations successfully, the Flemish government will double the amount. ASML is already prepared to lend equipment... Read more

date10 months ago
UK set to probe Adobe’s $20B Figma acquisition

UK set to probe Adobe’s $20B Figma acquisition

The British competition authority is looking into the US tech giant Adobe's plans to buy Figma. It is one of its biggest rivals in the creative software industry. On Friday the UK's Competition and Markets Authority (CMA) announced that it was preparing to put Adobe's planned acquisition of digi... Read more

date10 months ago
150 European companies write open letter on dangers of AI Act

150 European companies write open letter on dangers of AI Act

European companies are frightened by the possible negative consequences of the AI Act. In an open letter addressed to the European Union, more than 150 independents, managers and researchers expressed their concerns. Two weeks after the approval of the AI Act draft in the European Parliament, t... Read more

date10 months ago
Europe follows US and wants to split up Google

Europe follows US and wants to split up Google

The European Commission (EC) plans to tackle Google's online advertising power, by splitting thing up. In doing so, the EU is following America, which has been tackling the tech giant's online ad monopoly for some time. In a press statement, responsible European Competition Commissioner Vestager... Read more

date10 months ago
Orange’s merger with Masmovil being investigated by EU

Orange’s merger with Masmovil being investigated by EU

Orange and Masmovil cannot yet guarantee their merger. The two companies need to address a list of competition concerns before European authorities can consider allowing the deal to go through. Orange's $19 billion (€17.5 billion) bid to combine its Spanish operations with Masmovil Ibercom is ... Read more

date10 months ago
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