European Commission Financial News

31.08 / 18:19

Target BLOCK Microsoft Software Browser European Commission country Microsoft to Unbundle Teams Software in Europe

Microsoft says it will change the way it sells its Teams videoconferencing service to business customers in Europe in a push to address concerns raised in a European Union antitrust investigation. The software giant said Thursday that it plans to offer business customers the chance to buy a lower-priced version of its productivity suites that doesn’t include the videoconferencing app. New customers would still have the option of purchasing Teams separately if they want the service.

18.08 / 15:15

UPS Target European Commission show track country COP28 Europe’s fresh COP28 climate pledge opposed over emissions cuts

European Union nations are resisting an updated climate pledge showing the bloc is on course to over-deliver on emissions cuts ahead of COP28, in the latest sign of concern over the pace of the green transition. The European Commission, the bloc’s executive arm, is aiming to submit by September a revised pledge showing it’s on course to slash carbon emissions by 57% by 2030, according to a draft document seen by Bloomberg. But Poland, Lithuania, Hungary, Italy, Slovakia and Romania are concerned that the figure — higher than the 55% targeted under the bloc’s green deal — is too ambitious, according to people familiar with the matter.

07.08 / 14:59

Provident Reuters Digital Platform coinbase Adobe Pool European Commission Deal Adobe's Figma deal in EU antitrust regulators' crosshairs

By Foo Yun Chee

27.07 / 18:56

UPS BLOCK Cooper Microsoft Software Browser European Commission Microsoft Faces European Antitrust Investigation Over Bundling of Teams Software

The European Union opened an antitrust investigation into whether Microsoft is abusing its dominant position by bundling its Teams videoconferencing app with its popular Office productivity software, marking the first formal EU probe of the software giant in more than a decade. The bloc’s executive body, the European Commission, said it is concerned that Microsoft may be giving Teams an unfair advantage by not allowing customers to choose whether access to the product is included when they subscribe to the company’s productivity software.

25.07 / 21:15

COST UPS Citi European Commission TELUS country EU agriculture officials work on ways to move Ukrainian grain to the world

The European Union will look at helping fund the costly transportation of grain out of Ukraine after Russia halted a deal that allowed Black Sea exports vital to global food security

23.07 / 19:13

Provident Cooper VISA Fighting Southern European Commission country Italy PM Meloni builds alliance to tackle illegal migration

By Angelo Amante and Keith Weir

21.07 / 16:45

UPS Strategy European Commission stage Rio Tinto in billion-dollar recycling push

Rio Tinto will make a billion-dollar push into the metal recycling industry as the mining giant seeks to put decarbonisation at the heart of its strategy.

19.07 / 13:15

Provident Amazon Microsoft Google Software Broadcom European Commission Broadcom's $61 billion VMware purchase wins UK competition watchdog's approval

Computer chip and software maker Broadcom’s $61 billion plan to buy cloud technology company VMware has cleared another hurdle after Britain’s competition regulator gave the deal provisional clearance

18.07 / 14:27

Adoption regulation Europe European Union Metaverse European Commission strategies EU stays on top of Web3 with metaverse, AI and crypto strategies

The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies.

17.07 / 11:47

Microsoft Browser European Commission Ft Microsoft faces EU investigation into Teams, Office bundling - FT

Investing.com — EU antitrust authorities will open an investigation next week into whether Microsoft (NASDAQ:MSFT) is unfairly bundling its Teams video conferencing app with its Office service, according to a Financial Times report on Monday.

14.07 / 07:35

Fidelity Ursula von der Leyen ESG European Commission Asset managers unite to urge European Commission to tighten ESG reporting rules

Once passed, the law will determine how much environmental, social and governance data about 50,000 companies need to disclose to investors and other stakeholders.

12.07 / 15:59

Reuters Progressive Software Enterprise Interface Marvell Broadcom European Commission Deal Broadcom's $61 billion VMware deal wins conditional EU antitrust OK

By Foo Yun Chee

12.07 / 13:05

Provident Software Marvell DELL Broadcom European Commission Takeover EU clears US chipmaker Broadcom's $61 billion VMware takeover

Broadcom's planned $61-billion takeover of cloud computing firm VMware on Wednesday after the company offered remedies to ease competition concerns. The massive deal raised fears that it would stifle competition following its announcement in May 2022, prompting probes by antitrust watchdogs in the European Union and Britain.

12.07 / 13:03

UPS Target BLOCK Microsoft CEO Illumina European Commission EU fines US firm Illumina $475 million for jumping gun on buying cancer-screening company Grail

The European Union has slapped a $475 million fine on U.S. biotech giant Illumina for buying out cancer-screening company Grail without the approval of the 27-nation bloc’s antitrust watchdog

12.07 / 13:03

UPS Waves Target FIVE Action Fighting European Commission lawmakers European Union lawmakers back a major plan to protect nature and fight climate change

The European Union’s parliament has backed in a cliffhanger vote a major plan to protect nature and fight climate change

12.07 / 13:03

UPS Provident Software Marvell Broadcom European Commission Deal Broadcom's $61 billion deal to buy VMware gets cleared by European Union regulators

Computer chip and software maker Broadcom’s $61 billion proposed purchase of cloud technology company VMware got the green light from European Union regulators who were satisfied by concessions to ease competition fears

05.07 / 17:51

Blockchain regulation Europe European Union European Commission EU blockchain sandbox unveils first 20 use cases after wave of applications

The first batch of blockchain use cases to debut in Europe's regulatory sandbox was formally introduced on July 3, following a long wait and nearly 90 applications received in April. First disclosed in 2020, the initiative aims to bridge the regulatory gap between European nations and crypto companies.

16.06 / 04:52

CBDC European Union European Commission digital euro EU Draft Law Focused on Privacy in Using a Digital Euro Offline: CoinDesk

A proposed digital euro would have to be usable offline from day one to safeguard privacy, according to a draft law obtained by CoinDesk.

16.06 / 03:24

CBDC European Union European Commission digital euro European Central Bank Would Need To Set Limits on Use of Digital Euro Under Draft Proposal: Bloomberg

The European Union’s executive branch will unveil plans for a digital euro that would require the European Central Bank to set limits on its use, according to a report from Bloomberg News.

10.06 / 10:43

Europe TikTok Instagram European Commission Crypto scams EU Consumer Watchdog Slams Instagram, TikTok for Enabling Crypto Scams

The European Consumer Organization (BEUC) has released a report accusing leading social media platforms including Instagram, TikTok, Twitter, and YouTube of enabling scams related to digital assets.

22.03 / 18:05

business Adoption regulation Web3 Enterprise Metaverse European Commission 'Get comfortable with discomfort' for Web3 success: PBW 2023

The metaverse continues to be a hot topic in the Web3 space, as a group of industry professionals took to the Venus de Milo stage at Paris Blockchain Week 2023 to discuss the future of digital reality.

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