The International Monetary Fund’s executive board on Friday selected Bulgarian economist Kristalina Georgieva to serve as managing director for a second five-year term, starting on Oct. 1 this year, the global lender said. “The Board commended Ms. Georgieva’s strong and agile leadership during her term, navigating a series of major global shocks,” it said in … Read more
Despite this, the positive ruling for the KlimaSeniorinnen is being touted as hugely significant by legal experts. In this case, the court did not accept complaints from individuals within the group, but it did accept complaints made by the group itself as an organization—a distinction that could influence how people collectivize and approach European courts … Read more
Earlier this month, Meta announced that it would be shutting down CrowdTangle, the social media monitoring and transparency tool that has allowed journalists and researchers to track the spread of mis- and disinformation. It will cease to function on August 14, 2024—just months before the US presidential election. Meta’s move is just the latest example … Read more
Apple is among three tech giants being investigated for failing to comply with the European Union’s new competition rules, in another blow to the embattled smartphone maker. Apple was the primary focus of an EU press conference on Monday morning. But authorities also opened formal investigations into Meta and Alphabet, Google’s parent company. The trio … Read more
Arkady Volozh, the billionaire cofounder of Russia’s biggest internet company, was removed from the EU sanctions list today, clearing the way for his return to the world of international tech. On Tuesday a spokesperson for the European Council confirmed to WIRED that the Yandex cofounder was among three people whose sanctions were lifted this week. … Read more
Epic Games touted the European Union’s (EU) new tech regulations on Friday, after Apple agreed to reinstate the Fortnite maker’s developer account as it looks to launch a competing app store for iOS devices in Europe. “Apple has told us and committed to the European Commission that they will reinstate our developer account,” Epic said … Read more
Europe changed the rules of the internet this week when the Digital Markets Act took effect, holding the biggest tech companies to tough new standards. Now the world is waiting to see which giant will be first to fall foul of the law. One of the architects of the DMA says Apple is a strong … Read more
Challenging the European Union’s digital content law, Pornhub, the leading adult entertainment platform, has asserted that it does not meet the criteria to fall under stricter regulations. The parent company, Aylo, announced on Thursday that Pornhub has filed a challenge with the General Court of the EU in Luxembourg, contesting its designation as a “very … Read more
Citizens of the European Union live in an internet built and ruled by foreign powers. Most people in the EU use an American search engine, shop on an American ecommerce site, thumb American phones, and scroll through American social media feeds. That fact has triggered increasing alarm in the corridors of Brussels, as the EU … Read more
Apple has a Spotify problem—and it just cost the iPhone maker a $2 billion fine from the European Commission. For years, the two companies have been at war as the streaming service lured users away from Apple’s iTunes and accused the tech giant of exploiting its dominance to stifle innovation. In their long-running conflict, each … Read more
