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European Union

EU opens probe against Alphabet, Apple, Meta over Digital Markets Act non-compliance
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26 March, 2024

EU opens probe against Alphabet, Apple, Meta over Digital Markets Act non-compliance

The various investigations by the European Union are to be concluded within 12 months, after which the Commission will inform...
EU Parliament passes landmark AI Act
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15 March, 2024

EU Parliament passes landmark AI Act

The European Union parliament has approved the AI Act, which will introduce a regulatory framework that categorizes artificial intelligence apps...
Meta announces AI safeguards for 2024 EU elections
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29 February, 2024

Meta announces AI safeguards for 2024 EU elections

Meta has invested more than $20 billion into AI safety and security and quadrupled the size of its global team...
EU’s new AML watchdog to be based in Frankfurt
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26 February, 2024

EU’s new AML watchdog to be based in Frankfurt

Frankfurt beat bids from Madrid, Paris, Rome, and five other cities to host AMLA, a new 400-member agency whose anti-money...
EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC
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20 February, 2024

EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC

EU inches closer to having a CBDC after 48 LIBE members voted in favor of the digital euro, but it...
EU AI Act paves the way for regulatory clarity—what does it mean?
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19 February, 2024

EU AI Act paves the way for regulatory clarity—what does it mean?

While critics think that the European Union is over-regulating again with its AI Act, others see this as an advantage...
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