Intel's decision to delay new Germany and Poland plants by two years is a blow to the EU's goal of making 20% of the world's chips by 2030, up from ~9% in 2022
BRUSSELS — The European Commission's landmark 2022 chips strategy has collapsed just as it laid out a new team to fix the bloc's competitiveness.
ASML's stock jumped 8.1% on June 5 to reach a ~€377B market cap, passing fashion conglomerate LVMH for the first time; only Novo Nordisk is worth more in Europe
Bloomberg :
A profile of ASML CEO Christophe Fouquet, a 51-year-old Frenchman who sources say supports global tech collaboration, as ASML starts to worry about geopolitics
ASML makes some of the most advanced chip-making machines. It must balance Western demands to curb China's access while keeping a foothold in a key market.
The EU's crackdown on Huawei shows an EU-wide TikTok ban will likely take years of diplomacy, as the bloc lacks a formal say over national security concerns
Pieter Haeck / Politico :
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%
Microsoft Cloud Strength Fuels Third Quarter Results REDMOND, Wash. — April 25, 2024 — Microsoft Corp. today announced the following results for the quarter ended March 31 …
Microsoft reports Q3 Intelligent Cloud revenue up 21% YoY to $26.71B, vs. $26.26B est., with Azure and other cloud services revenue up 31% YoY
Jordan Novet / CNBC :
The European Parliament and the EU's 27 member states will need to approve the AI Act, which seeks fines of up to €35M or 7% of global turnover for violations
- Region couldn't ‘let the perfect be the enemy of the good’ — Negotiators broke coffee machine working late-night deal
The EU reaches a deal on the AI Act, one of the world's first comprehensive attempts to limit AI use, including in law enforcement and critical infrastructure
another set of rules that let them fine US big tech companies since there aren't any European ones. The law will require foundation models, including GPT & Gemini, to comply with ...
The EU reaches a deal on the AI Act, a comprehensive attempt to limit the use of the technology; the law still needs to go through a few steps for approval
The agreement over the A.I. Act solidifies one of the world's first comprehensive attempts to limit the use of artificial intelligence.
Dutch antitrust regulator orders Apple to let dating apps in the App Store offer alternative payment systems by January 15 or face up to a €50M fine
company has been part of a growing coalition anti app store-practices. South Korea was another win for them, as we reported in November: https://pro.politico.eu/... https://twitter...
Dutch antitrust regulator orders Apple to let dating apps in the App Store offer alternative payment systems by January 15 or face up to a €50M fine
company has been part of a growing coalition anti app store-practices. South Korea was another win for them, as we reported in November: https://pro.politico.eu/... https://twitter...
Dutch antitrust regulator orders Apple to let dating apps in the App Store offer alternative payment systems by January 15 or face up to a €50M fine
The Netherlands' top competition regulator on Friday said Apple Inc (AAPL.O) broke the country's competition laws and ordered changes …
Dutch antitrust regulator orders Apple to let dating apps in the App Store offer alternative payment systems by January 15 or face up to a €50M fine
The Netherlands' top competition regulator on Friday said Apple Inc (AAPL.O) broke the country's competition laws and ordered changes …
Dutch antitrust regulator orders Apple to let dating apps in the App Store offer alternative payment systems by January 15 or face up to a €50M fine
The Netherlands' top competition regulator on Friday said Apple Inc (AAPL.O) broke the country's competition laws and ordered changes …
Dutch antitrust regulator orders Apple to let dating apps in the App Store offer alternative payment systems by January 15 or face up to a €50M fine
The Netherlands' top competition regulator on Friday said Apple Inc (AAPL.O) broke the country's competition laws and ordered changes …