All articles tagged with #eu probe
Originally Published 7 months ago — by politico.eu
Pornhub announced it will suspend its services in France amid an EU investigation into online platforms' measures to protect minors, as part of broader efforts to enhance online safety and regulate digital platforms.
Originally Published 1 year ago — by Financial Times
A Chinese train maker has withdrawn its bid for a contract in Bulgaria following an investigation by the European Union into the company's potential breach of EU competition rules. The decision comes amid increasing scrutiny of Chinese companies' involvement in international business deals, reflecting broader tensions in global trade relations.
Originally Published 1 year ago — by Benzinga
Intel stock is falling below support due to China's ban on microprocessors from Intel and AMD in government computers, while Apple, Meta Platforms, and Alphabet are under an E.U. probe with potential fines of up to 10% of global revenues. Atlanta Federal Reserve Bank President Raphel Bostic now expects only one rate cut this year, contrary to market expectations, and money flows are negative in several tech stocks. The article also provides investment advice and insights on gold, oil, Bitcoin, and traditional portfolio allocations.
Originally Published 2 years ago — by CNBC
iRobot shares plunged 19% after a report stated that Amazon will not offer concessions to the EU's antitrust watchdog to clear its planned acquisition of the company. The European Commission warned of competition concerns, and the companies have until the end of the day to propose changes. The deal is still under review by the U.S. Federal Trade Commission, and the U.K.'s Competition and Markets Authority previously stated that it would not substantially lessen competition in the U.K.