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View all search resultsElon Musk's social media company X was fined 120 million euros (US$140 million) by EU tech regulators on Friday for breaching online content rules, the first sanction under landmark legislation that once again drew criticism from the US government.
EU regulators launched an antitrust investigation into Meta Platforms on Thursday and may even temporarily halt its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, hardening Europe's already tough stance on Big Tech.
While EU authorities would deny that protectionism is the main motive and would point instead to what they deem to be unfair trade practices on Indonesia’s part, the duties in effect protect EU-based steelmakers and rapeseed biodiesel producers.
EU climate ministers struck a tentative deal on a 2040 climate change target in the early hours of Wednesday after watering down the goal in last-minute negotiations, a draft EU document showed, as they raced to clinch the deal before the UN COP30 summit in Brazil.
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