News

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.

The European Commission slapped X with a €120 million fine for violating transparency rules under the Digital Services Act. The platform's deceptive "blue checkmark," advertising repository failures, and lack of data access for researchers led to the penalty.

The new Network and Information Security Directive (NIS2) implementation law goes into effect tomorrow. This law was quickly passed by institutions to enhance network and information security.

UK-based FinTech Coremont secured €34 million to expand its real-time portfolio management software and analytics platform. The investment will focus on using AI to broaden access to advanced analytics and strengthen risk management capabilities.

The Dutch Authority for Consumer and Markets may take action against Snapchat for its misleading notifications, violating the EU's Digital Services Act. The research indicates that some notifications are attention-grabbing and potentially manipulative, prompting increased platform use.

Proton has launched Sheets, a new encrypted alternative to Excel and Google Sheets. The move aims to address growing concerns about user data privacy and offer a secure spreadsheet solution.

The European Commission's digital omnibus proposals weaken human rights safeguards in crucial digital legislation, including the GDPR and AI Act. These revisions scrap consent requirements for online tracking and narrow the definition of personal data, potentially impacting citizen privacy.

The European Commission secured TikTok's commitment to boost advertising transparency under the Digital Services Act (DSA). The platform must provide full ad content, update repositories within 24 hours, and offer detailed targeting criteria.

London-based beauty tech firm yuv secured €10 million in Series A funding to expand its smart hair color lab system. This investment allows yuv to grow its salon-focused technology across the UK and into the US market.

The CJEU ruling reinforces the importance of GDPR in the age of AI and data spaces. The judgment clarifies what constitutes personal data, impacting how privacy-enhancing technologies will be governed.

Proton, a privacy-focused company, launched Proton Sheets, an end-to-end encrypted spreadsheet app, challenging Google and Microsoft. The new tool integrates real-time collaboration, and requires a Proton Drive account for secure access across devices.

UK-based AI startup Superbo secured a strategic investment from Deep Capital to build enterprise automation. The funding will accelerate the adoption of their Agentic AI-powered intelligence and scale operations across EMEA and the US.

UK healthtech platform MANUAL acquired FORMEL SKIN, Germany's largest digital dermatology provider. This move unites two fast-growing healthtechs with plans to build a leading unified health platform....

Brussels launches an antitrust investigation into Meta, alleging the company is abusing WhatsApp's dominance. The probe focuses on claims that Meta favors its own AI, potentially hindering competitors.

The Dutch government's first Generative AI monitor revealed a surge in AI adoption across public sector organizations. Applications jumped from 8 to 81 in a year, with municipalities leading in chatbots and internal AI assistants....

Track Titan, an AI-powered platform for motorsport, secured a €4. 4 million seed round from investors including F1 and NHL backers....

Brussels is investigating Meta, WhatsApp's parent company, for potential violations of EU competition law. The probe examines whether Meta's practices align with digital market regulations.

A new venture studio called The Flywheel launches in Greece to co-found industrial AI startups with up to €300,000 in initial investment. The studio aims to bridge the gap between European tech talent and scalable companies.