News

Tekpon has acquired The Next Web (TNW) brand from the Financial Times, expanding its reach in SaaS and AI. This acquisition, Tekpon's largest investment in media and events, integrates TNW's digital platforms into their wider strategy.

Meta will offer EU users Facebook and Instagram services with fewer targeted ads, following approval from the EU Commission. This change comes after the company's commitment to comply with the Digital Markets Act (DMA).

The European Commission fined X €120 million for violating the Digital Services Act, a major win for digital regulation. This action underscores the EU's commitment to holding online platforms accountable for misleading users and undermining democracy.

Helsinki is utilizing excess heat from data centers to warm homes, marking a shift in urban heating. This initiative, involving companies like Equinix, Telia, and Elisa, reuses heat from servers to warm tens of thousands of homes.

X pulled its advertising account from the European Commission following the announcement of a €120 million fine. The social media platform's decision comes amid increasing regulatory scrutiny.

Freepress, an AI-powered news service, secured €1M in seed funding to expand globally and partner with local publishers. The Finland-based startup launched in 2023 curates global news, offering concise stories in multiple languages, and shares revenue with content providers.

Meta will offer EU users a choice to see fewer personalized ads on Facebook and Instagram to comply with the Digital Markets Act. This move follows the European Commission's acknowledgement of Meta's commitment to the new regulation.

Paris-based Corma secures €3. 5M in seed funding to streamline software license governance for SMBs....

The EU and Korea finalized a Digital Trade Agreement, aiming to strengthen consumer rights in online markets. The agreement focuses on consumer protection, data privacy, and product safety, creating a framework for cross-border digital trade.

X deactivated its EU ad account following a €120 million fine for violating the Digital Services Act. This action marks the first-ever fine under the new EU digital regulation.

The Dutch Open Overheid website relaunches with a new search function, making it easier to find government documents. The updated site offers improved navigation and over 625,000 downloadable documents.

1N Telecom faces a €300,000 fine for violating GDPR rules due to misleading practices and ignoring deletion requests. The data protection authority penalized the company for severe breaches of data privacy regulations.

X faces a €120 million fine from the EU for violating the Digital Services Act's transparency rules. This marks the first penalty levied against a platform under the DSA.

X (formerly Twitter) faces its first Digital Services Act fine from the EU for deceptive practices on its platform. The fine is due to misleading users about verified accounts.

TikTok reached an agreement with the European Commission to improve advertising transparency under the Digital Services Act. The Commission accepted the proposed improvements, while other investigations continue.

French CRM firm Brevo achieved unicorn status after securing a €500M funding round. Italian firm Bending Spoons acquired Eventbrite in a $500M all-cash deal, expanding its portfolio.

Swedish AI platform Lumoo, built on vibe coding startup Lovable, secures approximately €550,000 in angel investment to reduce clothing returns with AI. The funding will fuel international expansion and platform development, with a goal of hitting €1M ARR within its first year.

Brussels slapped X with a €120 million fine for violating the Digital Services Act due to transparency failures. The platform, formerly known as Twitter, faces criticism over misleading blue checkmarks, inadequate advertising data, and insufficient data access for researchers.

The European Commission found that X violated key transparency obligations under the Digital Services Act. These include deceptive design and opaque advertising practices, which pose serious risks to consumers....

The European Commission fined Elon Musk's X €120 million for violating the Digital Services Act. This marks the first penalty issued under the new regulations.