Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft’s $69 billion (about Rs. 5,62,647 crore) bid for Call of Duty maker Activision Blizzard, a person familiar with the matter said on Thursday. The meeting came as the EU competition watchdog prepares to warn Microsoft this week about the … Read more
Bitcoin on Monday, July 1 showed price hikes on foreign as well as local exchanges. As per CoinMarketCap, the most expensive crypto asset grew by 4.26 percent over the last day to trade at the price point of $63,373 (roughly Rs. 52.8 lakh) on international exchanges. Internationally, BTC was trading at $61,637 (roughly Rs. 51.4 … Read more
European Union’s crypto-focussed MiCA legislation, created to govern the crypto sector, went live on June 30 almost one year after being finalised in April 2023. The aim of this legislation is to ensure that investors engaging with the crypto sector across the EU region are safeguarded against the factors of financial risks and instability that … Read more
Apple is set to be fined by the European Union’s antitrust regulators under the bloc’s landmark rules aimed at reining in the power of Big Tech, making it the first company to be sanctioned, sources with direct knowledge of the matter said on Tuesday. The regulators charged in June that the iPhone maker had breached … Read more
Activision Blizzard said its studio that developed Call of Duty would set up shop in Barcelona, putting into action its pledge to invest in Europe after Brussels approved Microsoft‘s $69 billion (nearly Rs. 5,66,000 crore) acquisition of the company in May. The US company said on Wednesday its game developer Infinity Ward, which created the blockbuster … Read more
HashKey Europe, the subsidiary of Hong Kong-based HaskhKey crypto exchange, has secured an operational licence in Ireland. The Central Bank of Ireland has granted a Virtual Asset Service Provider (VASP) licence to the exchange, which grants the firm permission to offer a variety of crypto-related services in the country. Ireland is one of many EU … Read more
Apple Inc.’s iMessage and Microsoft Corp.’s Bing search engine, Edge web browser and Advertising service will avoid strict new European Union rules reining in Big Tech platforms. A probe concluded that the services don’t hold a dominant enough position to be regulated under the EU’s Digital Markets Act, the European Commission announced on Tuesday. Apple … Read more
The European Union (EU) is among the first regions of the world that has drafted, finalised, and deployed a comprehensive set of regulations to oversee the crypto sector in the region. Under the EU’s MiCA laws, which went into effect in December 2024, crypto service providers have been given clear instructions on how to conduct … Read more
Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft’s $69 billion (about Rs. 5,62,647 crore) bid for Call of Duty maker Activision Blizzard, a person familiar with the matter said on Thursday. The meeting came as the EU competition watchdog prepares to warn Microsoft this week about the … Read more