EU lawmakers pass draft of AI Act, includes copyright rules for generative AI

After months of negotiations and two years after draft rules were proposed, EU lawmakers have reached an agreement and passed a draft of the Artificial Intelligence (AI) Act, which would be the first set of comprehensive laws related to AI … Read More

Europe’s most powerful nuclear reactor kicks off in Finland, helping country cut off energy ties from Russia

Finland’s much-delayed and costly new nuclear reactor, Europe’s most powerful by production capacity, has completed a test phase lasting more than a year and started regular output, boosting the Nordic country’s electricity self-sufficiency significantly. The Olkiluoto 3 reactor, which has … Read More

Europe Raises Interest Rates; What Will the Fed Do?

The ECB is ‘monitoring current market tensions closely and stands ready to respond as necessary to preserve price stability and financial stability.’ The European Central Bank lifted its key lending rate by 50 basis points Thursday, defying market forecasts that … Read More

EU tightens the screw on TikTok, European commission bans staff from using TikTok on work devices

TikTok was taken off guard when the European Commission issued an order restricting the use of the social media app on government devices. The decision comes amid increased scrutiny in of Chinese-owned apps and issues with privacy, data-sharing, and cybersecurity. … Read More

‘Fences protect Europe’, Hungary’s Orban says ahead of EU migration summit

BUDAPEST/BRUSSELS (Reuters) – Hungarian Prime Minister Viktor Orban on Tuesday called for European Union financing for border fences, reviving an idea long seen as inadmissible ahead of a summit of the bloc’s leaders to discuss curbing irregular immigration. The gathering … Read More

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