‘Meta loses more’: Zuckerberg takes Threads fight to EU

US tech titan Mark Zuckerberg is withholding his new Threads app from European users due to “regulatory uncertainty,” but experts believe his strategy will likely fail. The move is seen as a political push against the EU, and the outcome of this battle could impact the regulatory landscape for other big tech platforms in Europe. The Digital Markets Act (DMA) poses challenges for tech firms, prohibiting data transfer across platforms without user consent. Analysts predict that Meta will struggle to navigate compliance issues and may face unintended consequences.

EU official sees ‘contradiction’ between China’s climate goals, coal plants

EU climate official highlights contradiction between China’s climate goals and increased construction of coal-fired power plants.

EU ‘enforcer’ visits Twitter, Meta as new rules loom

EU commissioner heads to San Francisco to ensure big platforms comply with new online content rules before DSA takes effect.

Europe takes lead over US on crypto regulation

The EU has taken the lead in crypto regulation with the adoption of comprehensive rules, while the United States has cracked down on major crypto exchanges. The EU’s Markets in Crypto-Assets (MiCA) regulation aims to combat illegal practices and protect investors, receiving praise for bringing clarity to the industry. In contrast, the US regulatory landscape remains uncertain, prompting some companies to flee to Europe. The US must resolve its regulatory situation quickly to retain its position as the largest market. The industry hopes that American legislators will realize the potential loss of business, jobs, and revenues without proper regulation.

In countering Russia, the EU should not forget South East Asia

The European Union’s (EU) new strategic action plan to counter the consequences of Russia’s invasion of Ukraine focuses on building stronger relationships with Brazil, Chile, Nigeria, and Kazakhstan. However, Simone Galimberti highlights the surprising exclusion of South East Asia, a crucial region for Europe’s geopolitical ambitions. Galimberti argues that the EU should prioritize engaging with key countries like Malaysia and Indonesia, considering their strategic relationships with China and the regional tensions in the South China Sea. A dedicated high-level figure and visits from EU leaders would demonstrate the EU’s commitment to South East Asia’s importance.

EU disease agency predicts spike in COVID cases by 1 August

The EU’s disease agency said Friday it was predicting a sharp increase…

China slams EU’s ‘confrontational approach’ after investment deal blocked

China on Friday slammed the European Union’s “confrontational approach” after MEPs voted…

French cafes reopen and EU to allow in vaccinated travellers

The French returned to their beloved cafe terraces on Wednesday, while the…

EU probes Facebook’s Kustomer buyout over data concern

The EU commission has launched an investigation into a buyout by Facebook…