Temu fined $232M by EU for breaching Digital Services Act

The EU's ambitious chip production goals could reshape global tech supply chains, reducing dependency on foreign silicon and boosting local innovation. The post EU seeks €120B to boost local chip production as global semiconductor race heats up appeared first on Crypto Briefing.

T All of the big AI models violate EU rules on AI and data protection to varying degrees, according to the nonprofit research foundation Aithos. Aithos tested the models using its own tool, LARA (Legal Assessment for Real-world Agents), which simulates real-world situations where AI assistants may find themselves in legally questionable situations, according to The Register. The tests measure compliance with the GDPR and the EU’s AI Regulation, among other things and found the models collected user data without proper consent, attempted to manipulate vulnerable individuals, or created psychological profiles of users. According to the results, all major language models failed to meet EU legal requirements; some violated the rules in up to 93% of cases. The best result was achieved by the Anthropic model Claude Opus 4.7, which was in compliance about 54% of the time. Aithos warned that responsibility for the shortcomings does not lie solely with AI companies. Companies that build their

The push for a capital markets union could enhance EU economic sovereignty, reduce reliance on US financial networks, and boost market liquidity. The post European Union’s six largest economies push for bloc-wide capital markets union appeared first on Crypto Briefing.

The post Euro: Weak EU trade and sentiment weigh against US Dollar – BNY appeared on BitcoinEthereumNews.com. BNY’s Bob Savage reports that European Union (EU) exports, especially to the United States (US), have weakened sharply and sentiment indicators remain below long‑run averages, underscoring subdued Eurozone momentum. Savage notes that softer producer prices in France, mixed confidence in Italy and Sweden, and broad EUR/USD declines reflect persistent concerns over demand and inflation dynamics across the bloc. Soft data backdrop for Euro “EU external trade data for Q1 showed a marked weakening in exports, particularly to the U.S.” “The EU and euro area sentiment surveys for May showed economic confidence remaining weak despite modest stabilization.” “However, both measures remained well below their long-run averages of 100, signaling continued subdued economic momentum.” “These figures are still below pre-Middle East conflict levels and highlight persistent concerns among househ

The EU's substantial loan to Ukraine underscores geopolitical alliances, potentially stabilizing Ukraine's economy while influencing EU-Russia dynamics. The post Ukraine’s parliament to vote on ratification of €90B EU loan appeared first on Crypto Briefing.

Explore OpenAI’s Frontier Governance Framework and how our AI safety, security, and risk practices align with emerging EU and California regulations.

The EU's spectrum allocation strategy aims to balance regional autonomy with global competition, impacting satellite service dynamics and investments. The post Starlink and Amazon cleared to bid for EU mobile satellite spectrum starting 2027 appeared first on Crypto Briefing.

The EU's spectrum allocation strategy aims to balance regional autonomy with global competition, impacting satellite service dynamics and investments. The post Starlink and Amazon now eligible to bid for EU mobile satellite spectrum appeared first on Crypto Briefing.