Category Archives: EU Regulations

iRobot stock tumbles on report that the EU may block Amazon’s acquisition of Roomba maker

  By Tracy Brown Hamilton January 19, 2024 The European Union’s competition watchdog appears set to thwart Amazon’s $1.4 billion acquisition of the robot vacuum maker iRobot, according to sources connected to the Wall Street Journal. This has triggered a sharp decline of almost 40% in the stock shares of the Roomba vacuum manufacturer, which … Continue reading iRobot stock tumbles on report that the EU may block Amazon’s acquisition of Roomba maker

Google issues urgent steps for advertisers running campaigns in the EU

Prompt action is needed to preserve ads personalization and measurement within Google Ads, Google Marketing Platform and GA4. Nicola Agius on January 19, 2024 Advertisers who want to show personalized ads to consumers in the European Economic Area (EEA) must take immediate action to prevent campaign performance issues. Marketers need to send verifiable consent signal(s) … Continue reading Google issues urgent steps for advertisers running campaigns in the EU

New EU gig worker rules would see millions receive employment benefits

New EU gig worker rules would see millions receive employment benefits Rachael Davis / Last Updated: Dec 14, 2023   The European Union (EU) has provisionally approved rules to improve protections and benefits for gig economy workers, largely aimed at those who deliver food and offer rides through apps. Those who work for apps like … Continue reading New EU gig worker rules would see millions receive employment benefits

The EU has reached a historic regulatory agreement over AI development

The EU has reached a historic regulatory agreement over AI development The decision puts Europe at the forefront of the technology’s regulation efforts. Andrew Tarantola   Updated Sat, Dec 9, 2023 Anadolu via Getty Images Following a marathon 72-hour debate, European Union legislators Friday have reached a historic deal on its expansive AI Act safety … Continue reading The EU has reached a historic regulatory agreement over AI development

EU raises antitrust concerns about Adobe’s purchase of Figma

Together Figma and Adobe currently control 72% of the market for collaborative design and prototyping software. Constantine von Hoffman on November 20, 2023 Adobe’s $ 20 billion bid for cloud-based product design platform Figma is being hit with an antitrust complaint by E.U. regulators. An in-depth investigation by the European Commission came to the preliminary … Continue reading EU raises antitrust concerns about Adobe’s purchase of Figma

EU authorities ban Meta from using personal data for advertising

The ban will begin in two weeks and appears to cripple Big Tech’s ability to sell first-person data used by marketers. Constantine von Hoffman on November 2, 2023 The European Data Protection Board (EDPB) is permanently banning Meta from using personal data for advertising across the EU and European Economic Area (EEA). As it stands, … Continue reading EU authorities ban Meta from using personal data for advertising

EU’s ruling against Facebook a big blow to first-party data usage

Big tech companies will need user consent to process personal data, combine it with other platforms’ data and use it across services. Constantine von Hoffman on July 5, 2023 Facebook and other tech giants will be hard-pressed to monetize their first-party data in the European Union, following a ruling (July 25, 2023) by the EU’s … Continue reading EU’s ruling against Facebook a big blow to first-party data usage

Tech giant ‘gatekeepers’ must comply with all of the EU’s new digital market rules

European Union passes landmark laws to rein in big tech   Daniel Cooper   @danielwcooper   Today, after months of negotiations and procedural hurdles, the European Union has passed a pair of landmark bills designed to rein in Big Tech’s power. The Digital Markets Act and Digital Services Act are intended to promote fairer competition, … Continue reading Tech giant ‘gatekeepers’ must comply with all of the EU’s new digital market rules