The European Parliament took a significant step forward in the regulation of artificial intelligence (AI). It adopted its negotiating position on the EU's groundbreaking Artificial Intelligence (AI) Act. With an overwhelming majority of 499 votes in favor, 28 against, and…
Specs Compound Handling BV (Specs) announced that eMolecules made a bid to acquire 100% of the company's shares. The shareholders of Specs - a trader in medical compounds for research - decided to accept this offer of €11 per share…
In a significant blow to social media giant Facebook, Ireland's data privacy regulator imposed a staggering €1.2 billion fine on the company. This fine, the largest GDPR fine ever, is imposed for Meta’s transfers of personal data to the U.S.…