European Union (EU) stories - Page 15

The EU leads global digital and ESG regulation, with four major rules raising compliance costs and operational risks for companies worldwide until 2030.

Yaspa appoints Renuka Rawlins, formerly of Revolut, as Head of Policy and Public Affairs to lead regulatory engagement amid expansion in payments and iGaming.

Microsoft aims to complete its quantum-safe security rollout by 2033, integrating post-quantum cryptography across Windows, Azure and Microsoft 365 to counter future threats.

Real estate tokenisation lets everyday investors buy property shares via blockchain, unlocking a $60bn market shift while regulation races to keep pace.

Marqeta has acquired UK-based TransactPay to enhance card programme services, expanding its reach across the UK and European Union markets.

The EU's new AI Code of Practise, a voluntary but influential standard, now affects UK firms deploying AI systems within the EU market under the 2024 AI Act.

The EU AI Act's latest rules, effective from 2 August, push companies towards ethical AI use, influencing global standards and demanding robust data governance.

The EU AI Act sparks debate as industry fears strict rules may hinder innovation and security in fast-evolving AI fields like cybersecurity across Europe.

Canopy joins the Technology Industry Forum to enhance cloud procurement and innovation, helping UK businesses optimise costs and simplify multi-cloud strategies.

Recent cyberattacks on infrastructure and healthcare reveal a new digital battleground, prompting global efforts to strengthen cyber resilience and defence.

A survey reveals 57% of European SMEs lack clarity on data location, with many prioritising sovereignty and considering provider changes over US data hosting concerns.

Exactly.com now offers MB WAY and Multibanco payment options to help UK eCommerce firms meet Portuguese consumer preferences and boost sales locally.

CCL has opened a Beijing office to enhance cross-border logistics and customs services for Chinese eCommerce firms targeting the UK and European markets.

Rising cloud costs in Europe are forcing businesses to cut AI, cybersecurity and IT staff spending, risking innovation despite high AI investment plans.

Portugal's data centre sector could boost GDP by EUR €26.2bn and create 48,400 jobs annually by 2030, driven by AI demand and renewable energy advantages.

Baemingo launches a lending arm offering up to EUR €50,000 to struggling European restaurants facing inflation and labour shortages pressures.

Berlin-based MOTOR Ai raises USD $20 million seed funding to advance transparent, neuroscience-driven Level 4 autonomous tech for Europe's public transport.

The EU finalises a General-Purpose AI Code of Practice to guide industry compliance ahead of the AI Act's new rules starting August 2025.

SUSE launches EU-based Sovereign Premium Support to help organisations meet digital sovereignty and regulatory needs with localised data control.

ChatEurope, an AI chatbot backed by 15 European media outlets, offers real-time, journalist-verified news in seven languages to combat online disinformation.