Today: September 21, 2024
Today: September 21, 2024

Latest From Foo Yun Chee

Business

EU's Vestager to meet Big Tech CEOs in the US next week

EU antitrust chief Margrethe Vestager will meet the chief executives of Apple, Alphabet, Broadcom and Nvidia in the United States next week, her communications

EU's Vestager to meet Big Tech CEOs in the US next week
Business

Google, Meta, Qualcomm team up to push for open digital ecosystems

Alphabet's Google, Meta Platforms, Qualcomm and seven other tech companies on Wednesday teamed up to push for open digital ecosystems in response to new EU tech

Google, Meta, Qualcomm team up to push for open digital ecosystems
Business

Exclusive-Apple offers to let rivals access tap-and-go tech in EU antitrust case, sources say

Apple has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that

Exclusive-Apple offers to let rivals access tap-and-go tech in EU antitrust case, sources say
Business

Illumina slams EU for over-extending power to assess Grail deal

Illumina on Tuesday slammed EU antitrust regulators for over-extending their powers when they scrutinised the U.S. life sciences company's $7.1 billion for Grail

Illumina slams EU for over-extending power to assess Grail deal
Business

Google against potential EU break-up order, says not proportionate

Alphabet's Google on Friday criticised a potential order from EU antitrust regulators to sell part of its lucrative adtech business, saying it was disproportionate

Google against potential EU break-up order, says not proportionate
Business

Meta Platforms' paid ad-free service is targeted in EU consumer groups' complaint

Meta Platforms' paid no-ads subscription service, which it rolled out in Europe this month, breaches EU consumer laws, Europe's largest consumer group said on

Meta Platforms' paid ad-free service is targeted in EU consumer groups' complaint
Business

EU Commission lawyers initially opposed warning Amazon on iRobot deal - sources

European Commission lawyers initially opposed sending a warning to Amazon over its $1.4 billion acquisition of robot vacuum maker iRobot, three people with direct

EU Commission lawyers initially opposed warning Amazon on iRobot deal - sources
Business

Adobe to defend Figma deal at Dec. 8 EU hearing, sources say

Adobe will aim to counter EU antitrust charges that its proposed $20 billion acquisition of cloud-based designer platform Figma hurts competition at a closed

Adobe to defend Figma deal at Dec. 8 EU hearing, sources say
Business

AI legal framework needs to promote innovation, senior Google executive says

Rules governing the use of artificial intelligence should support innovation, Google's chief legal officer Kent Walker said on Tuesday, echoing pleas by a wide

AI legal framework needs to promote innovation, senior Google executive says
Business

Meta Platforms' paid ad-free service targeted in Austrian privacy complaint

Meta Platforms' paid no-ads subscription service launched in Europe this month faced one of its biggest tests as advocacy group NOYB on Tuesday filed a complaint

Meta Platforms' paid ad-free service targeted in Austrian privacy complaint
Business

Businesses, tech groups warn EU against over-regulating AI foundation models

Businesses and tech groups on Thursday warned the European Union against over-regulating artificial intelligence systems known as foundation models in upcoming AI

Businesses, tech groups warn EU against over-regulating AI foundation models
Business

EU lawmakers back rules forcing Big Tech to tackle child pornography

EU lawmakers agreed on Wednesday to draft rules requiring Alphabet's Google, Meta and other online services to identify and remove online child pornography, saying

EU lawmakers back rules forcing Big Tech to tackle child pornography
Business

Adobe open to remedy discussions with EU on Figma deal, says chief counsel

Photoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to

Adobe open to remedy discussions with EU on Figma deal, says chief counsel
Business

Adobe faces EU antitrust warning over Figma deal, sources say

Adobe's $20 billion bid for cloud-based designer platform Figma is set to face an EU antitrust warning in the coming days, three people familiar with the matter

Adobe faces EU antitrust warning over Figma deal, sources say
Business

Pfizer wins unconditional EU antitrust okay for $43 billion Seagen buy

U.S. pharmaceutical company Pfizer gained unconditional EU antitrust approval on Thursday for its proposed $43 billion acquisition of cancer drug maker Seagen.

Pfizer wins unconditional EU antitrust okay for $43 billion Seagen buy
Business

Illumina ordered by EU antitrust regulators to sell Grail

U.S. genetic testing company Illumina has been ordered by EU antitrust regulators to sell cancer test maker Grail after it completed the deal before securing their

Illumina ordered by EU antitrust regulators to sell Grail
Business

Should new tech rules apply to Microsoft's Bing, Apple's iMessage, EU asks

EU antitrust regulators are asking Microsoft's users and rivals whether Bing should comply with new tough tech rules and also whether that should be the case for

Should new tech rules apply to Microsoft's Bing, Apple's iMessage, EU asks
Business

EU to study mobile ecosystems to counter any Apple, Google antitrust pushback

European Union antitrust regulators have commissioned a study into mobile ecosystems to help them counter any pushback from Apple and Alphabet's Google in

EU to study mobile ecosystems to counter any Apple, Google antitrust pushback
Business|Economy

IAG offers remedies to EU over Air Europa deal

British Airways owner IAG has again offered remedies to the European Commission aimed at securing EU approval of its takeover of Spain's Air Europa.

IAG offers remedies to EU over Air Europa deal
Business|Economy

Car battery makers to fight EU cartel charges at hearing next week, sources say

A group of car starter battery makers will contest European Union accusations of operating a cartel to fix battery prices at a closed hearing next week, people with

Car battery makers to fight EU cartel charges at hearing next week, sources say
Business|Economy

Mondelez fined $365.7 million by EU for cross-border trade curbs

Oreo maker Mondelez International was fined 337.5 million euros ($365.72 million) by EU antitrust regulators on Thursday for impeding cross-

Mondelez fined $365.7 million by EU for cross-border trade curbs
Technology

Meta faces call in EU not to use personal data for AI models

A Meta plan to use personal data to train its artificial intelligence (AI) models without seeking consent came under fire from advocacy group NOYB on Thursday,

Meta faces call in EU not to use personal data for AI models
Business|Technology

Airlines, hotels, retailers fear being left out in Google's search changes

Lobbying groups representing airlines, hotels and retailers have urged European Union tech regulators to ensure that Google takes their views into account, and not

Airlines, hotels, retailers fear being left out in Google's search changes
Business|Technology

Temu targeted in EU consumer group's complaint to EU tech regulator

Chinese fast-fashion e-commerce retailer Temu was hit with a European Union complaint on Thursday over a potential breach of online content rules by the PDD Group-

Temu targeted in EU consumer group's complaint to EU tech regulator
Business|Technology

Microsoft hit with Spanish startups' complaint about cloud practices

Microsoft was hit with a Spanish startup group's complaint about its cloud practices to the Spanish antitrust regulator on Tuesday, the latest grievance over its

Microsoft hit with Spanish startups' complaint about cloud practices

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