‘EU startups on track to raise $85B, down from $100B+ in 2021’
This is the region's second consecutive year of decline following a record-breaking 2021.
London-based venture capitalist Atomico analysed the startup investment landscape in Europe. The report highlights an immense concentration of venture capital activity. Just three countries – the UK, Ge... Read more
EU court rejects WhatsApp’s challenge against EDPB
The European Court of Justice has rejected WhatsApp's challenge to reverse a previous judgment.
The European Court of Justice deemed WhatsApp's appeal of a decision by the European Data Protection Board to be inappropriate in a statement issued on Wednesday.
In 2021, the Irish Data Protection... Read more
‘EU to ban Meta from ads based on personal user data without consent’
According to a confidential EU privacy watchdog ruling, Meta will only be allowed to run user advertisements based on user data with user consent, a person familiar with the subject told Reuters.
The source said the decision was made by the European Data Protection Board (EDPB), a bod... Read more
UK struggles to pass Online Safety Bill, lags behind European Union
Less than a month after the Digital Services Act (DSA) took effect in the European Union, London is still struggling to put together its version of the legislation, known as the Online Safety Bill.
The UK government made another attempt on Monday when Digital Secretary Michelle Donelan submitted... Read more
EU officially approves NIS2, member states prepare new security laws
The European Council has greenlit NIS2, a new European security directive. The Council's consent ends an approval process that lasted two years. NIS2 requires member states to introduce new security laws by 2024, including a broader obligation to report cyberattacks.
NIS2 is a follow-up to NIS1... Read more
German privacy watchdogs take aim at Microsoft 365
A working group of German data protection regulators has determined that Microsoft 365 cannot comply with the GDPR without additional technical measures.
The Microsoft 365 package cannot be used by companies, authorities and schools in a legally compliant manner, at least not without additional... Read more
AWS commits to data sovereignty with Digital Sovereignty Pledge
AWS unveiled the Digital Sovereignty Pledge. The tech giant vows to invest in data sovereignty in an attempt to comply with local laws and regulations.
Data sovereignty is the requirement to process data according to the laws and regulations of the location where the data was collected or gener... Read more
EU will enable 5G on airplanes, including voice calls and text
The move aims to promote "innovation and growth", according to the European Commission.
The European Commission has decided that airlines will be able to provide the latest 5G technology on planes. In an announcement this week, Brussels confirmed that airline passengers will be able to use the s... Read more
Europe needs ‘unwavering unity’ against China and US in space
French Economy minister Bruno Le Maire stated that Europe must stand together to compete with China and the US in space.
According to Le Maire, Europe has to increase its strategic autonomy in order to challenge countries like the United States and China.
The minister said that governments ne... Read more
Member states reach agreement on €43 billion Chips Act
An insider source told Bloomberg that the member states of the European Union have reached an agreement on the Chips Act.
The Chips Act was proposed by the European Commission in February 2022. Brussels wants 20 percent of all chips worldwide to be produced in the European Union by 2030. The Ch... Read more