Apple Hit with $2 Billion Fine by EU Over Antitrust ConcernsRaised Issue by SpotifyEU Alleges Apple of Antitrust ViolationApple Expected to Appeal Once the world’s leading company for monopolizing the smart electronic product market, Apple faced a storm of controversy as it was pushed from its top spot in market value. On the 4th, the European Union reportedly imposed a fine of 1.84 billion euros […]
European Commission Approves Korean Air-Asiana Merger with Conditions AttachedThe European Union (EU) Competition Authority (EC) has conditionally approved the merger of Korean Air and Asiana Airlines. With this, the merger has been approved in 13 out of 14 countries, leaving the United States as the lone exception. Late in the afternoon of the 13th, the EC posted on its website that it conditionally […]
Deepfake Dilemma: South Korea Eyes EU-Style AI Regulations Amid Growing ConcernsBiden’s Fake Voice Causes ‘Confusion’US, Once Advocating Autonomy, Now Calls for Regulation LegislationEU Enforces Strong Regulations Such as Punitive TaxesSouth Korean Government: “Sanctions Possible Under Current Law”Cautious Stance on the Need for Additional RegulationsAI Basic Law Stalled in Congress for a Year The spread of deepfake images of pop singer Taylor Swift, synthesized using artificial […]
Taiwan Election Victory Sparks Cheers in the West, Worries in BeijingThe US, Japan, and Europe have welcomed Tsai Ing-wen's victory in Taiwan's presidential election, while China expressed discomfort.
EU Takes on Elon Musk's X, Launches Full-Scale Investigation into Fake NewsEU initiates investigation into X (formerly Twitter) for Digital Services Act (DSA) violations related to fake news and illegal content.
Xi Jinping Urges an End to Interference While EU Presses for Trade Balance SolutionsChina and the European Union hold summit, emphasizing cooperation but failing to narrow differences on trade and international issues.
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