EU opens investigation into Adobe’s Figma acquisition after previous risk analysis
The European Commission will officially open an in-depth investigation into Adobe's acquisition of Figma. A preliminary investigation already pointed to a possible monopoly risk.
Adobe's acquisition of Figma is already causing a third investigation by regulators. The European Commission is now i... Read more
EU opens investigation into bundling Teams, Microsoft may yet conciliate
The European Union is officially launching an investigation into Microsoft's antitrust practices. The tech giant is accused of unfair competition by bundling its video platform Teams into Office 365 and Microsoft 365.
An official European Union investigation follows a complaint filed by rival c... Read more
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
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
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
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
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
Nvidia CEO says chipmaker ‘extremely likely’ to invest in Europe
Nvidia's chief executive was bullish on Europe after his meetings with the European Commission. As a result the company is "extremely likely" to invest in Europe.
Nvidia is “extremely likely” to invest in Europe, Chief Executive Officer Jensen Huang told reporters over the weekend. Saying th... Read more
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
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