European Union stories

The EU AI Act, effective from 1 August 2024, presents a landmark regulatory framework for AI, sparking discussion on its implications for innovation, compliance, and legal complexity in the tech sector across the European Union.

SentinelOne has rolled out Singularity Cloud Native Security in the EU, hosted in Frankfurt, ensuring GDPR compliance and enhanced cloud protection for European firms.

Aston University researchers shatter data transmission speed record, reaching 402 terabits per second with advanced optical fibre technology.

Sovos and PwC Ireland join forces to bolster e-invoicing and e-reporting solutions, aiming to streamline compliance in response to new EU mandates.

RELEX Solutions has unveiled an AI-driven CO2 Analytics tool to help firms track and report CO2 emissions from purchased goods, aligning with new regulations.

The Open Source Security Foundation partners with the Eclipse Foundation and others to shape the EU's Cyber Resilience Act, aiming to enhance software supply chain security.

Piwik PRO's latest survey reveals that GDPR compliance boosts consumer trust and operational efficiency across the EU, with notable national differences.

Regulations are reshaping cybersecurity strategies with 93% of organisations revising their approaches, while only 40% feel ready to meet new demands.

Xsolla's latest report spotlights game development trends, EU regulations favouring developers, and a 25% job growth prediction in the industry by 2032.

The third reading of the UK AI bill took place in the House of Lords amid questions over its readiness following the EU AI Act's passing and with the AI Safety Summit on the horizon.

Outpayce, fintech arm of Amadeus, is licensed by the Bank of Spain to offer regulated payment services and issue prepaid virtual cards, consolidating its position in Spain's e-money market.

Singaporean companies leading global transition in integrated financial and sustainability reporting, spurred by the EU’s Corporate Sustainability Reporting Directive.

The EU inaugurates the global first AI Act aiming to mitigate potential risks of AI technologies and establish a human-centric regulatory framework, prompting other regions to catch up.

Global smart meter adoption reveals uneven progress, with 1.06 billion units installed worldwide by 2023, led by North America's 77% market penetration, says IoT Analytics.

SentinelOne's investigation refutes China's allegations of Western hacking, highlighting a lack of substantial proof and noting China's use of recycled details from leaked US documents.

93% of channel partners see upcoming EU cybersecurity directive NIS2 as a revenue-growing opportunity, according to a survey by global tech provider Westcon-Comstor.

Amid rising cybersecurity threats, EU's new Digital Operational Resilience Act is prompting IT businesses to enhance their security standards.

Milestone Systems, a leading video tech software firm, pioneers the adoption of the G7 Code of Conduct for Advanced AI systems, promising to build software with trust, transparency and accountability.

Following a drop in funding, 2024 sees a predicted resurgence in climate tech trends, with clean energy, hydrogen, carbon capture and storage, and alternative proteins earmarked for significant investment growth.

In 2023, GRC SaaS company Diligent observed a record high of 21,784 new sanctions and a decline in FCPA enforcement actions.