EuropeanUnion

Meta Takes a Bold Step: Introducing Less Targeted Ads to Address EU Regulatory Concerns

1 month ago

In a significant shift aimed at aligning with European Union (EU) regulatory standards, Meta has announced its plans to introduce less targeted advertising across its platforms. This decision comes as the tech giant seeks to mitigate increasing scrutiny from regulators concerning data privacy and user consent in the region. The changes reflect Meta's commitment to more transparent practices and may set a precedent for how online advertising is approached in the future.

Ubisoft Shares Surge Amid Buyout Speculations; EU Targets Chinese EVs with New Tariff Strategy

3 months ago

It has been a dramatic week for the video game developer Ubisoft, whose share prices surged in speculation on a possible buyout of the company. The change in events has triggered excitement within the industry, as analysts and investors speculate on who would have any interest in taking over the gaming behemoth responsible for game hits such as "Assassin's Creed" and "Far Cry.".

EU's Illumina Defeat Sparks Dutch Call for More Deal Powers

3 months ago

The European Union's resolve to police mergers and acquisitions faced a crucial test this week as the bloc's General Court ruled against Illumina Inc.'s $8.7 billion acquisition of Grail Inc. While the ruling was a severe blow for Illumina, it also sent ripples across the bloc with renewed calls for more vigorous scrutiny and wider-reaching powers when it comes to major tech mergers.

Google Triumphs in $1.5 Billion EU Antitrust Fine Appeal

3 months ago

The European Union General Court broke ground in the ongoing legal tussle between Google and EU regulators as it overturned the Union's earlier decision to slap the tech giant with a fine of $1.5 billion for antitrust violations centers around its advertising practices. The ruling held on September 18, was the chief keystones of Google's ongoing battle with EU regulators.