european commission

EU’s new cloud security rules are good news for Amazon, Google, and Microsoft

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EU’s new cloud security rules are good news for Amazon, Google, and Microsoft

EU relaxes cybersecurity rules, benefiting Amazon, Google, Microsoft. Concerns prompt review of US-EU ventures. Latest draft simpl… Read More EU relaxes cybersecurity rules, benefiting Amazon, Google, Microsoft. Concerns prompt review of US-EU ventures. Latest draft simplifies requirements. European Commission to finalize scheme with EU nations. Read Less Big tech companies like Amazon, Google, and Microsoft … Read more

Brussels launches legal action against Hungary’s controversial ‘sovereignty law’

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Brussels launches legal action against Hungary’s controversial ‘sovereignty law’

The European Commission launched on Wednesday legal action against the so-called “sovereignty law” recently passed by the Hungarian parliament. ADVERTISEMENT The legislation, spearheaded by Viktor Orbán’s ruling party and approved by the parliament in mid-December, empowers the state to investigate people and organisations suspected of undermining the country’s sovereignty, with potential convictions of up to … Read more

AI summit a start but global agreement a distant hope

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AI summit a start but global agreement a distant hope

British Prime Minister Rishi Sunak championed a series of landmark agreements after hosting the first artificial intelligence (AI) safety summit but a global plan for overseeing the technology remains a long way off. Over two days of talks between world leaders, business executives and researchers, tech CEOs such as Elon Musk and OpenAI’s Sam Altman … Read more

European Union ends ban on Ukraine grains imports in 5 member states | World News

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European Union ends ban on Ukraine grains imports in 5 member states | World News

The European Commission said on Friday that it would not extend a ban on imports of Ukrainian grains into Ukraine’s five EU neighbours due to expire on Friday. European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium.(Reuters) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “It has concluded that thanks to the work of the Coordination … Read more

European edible insect scale-up secures funding to advance circular bio-economy

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European edible insect scale-up secures funding to advance circular bio-economy

06 Sep 2023 — Nasekomo, a Bulgaria-based insect-tech scale-up, has been awarded a grant under the European Recovery and Sustainability Plan. The funding comes from enterprises that have previously received the Seal of Excellence from the European Commission, recognizing Nasekomo as a trailblazer in biotechnology and sustainability. Following the cash injection, Nasekomo will be embarking … Read more

Why the Euro Won’t Replace the Dollar

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Why the Euro Won’t Replace the Dollar

Europe has a dream that the euro will overtake the U.S. dollar as the world’s reserve currency. It’s an old dream, but it’s based on a misconception. In his last State of the Union speech as president of the European Commission, Jean-Claude Juncker pledged “to strengthen the international role of the euro.” Yet the dollar’s … Read more