Bank of Italy says it is talking to the world’s big AI firms
Bank of Italy says it is talking to the world’s big AI firms

Governor Fabio Panetta used the central bank’s annual assembly to pitch AI as a fix for Italy’s chronic productivity problem, and to say the bank is already engaging the firms building it. Central bankers do not usually go out of their way to say which…

Brussels fines Temu €200M under the DSA for unsafe baby toys and faulty chargers
Brussels fines Temu €200M under the DSA for unsafe baby toys and faulty chargers

The Temu fine, the second-ever DSA penalty after X’s €120M in December, gives the EU’s online-safety regime its first major Chinese-platform enforcement case. The European Commission has fined Temu, the Chinese e-commerce platform owned by PDD Holdings…

Vučić flew to Beijing for a $1.1bn Chinese investment, while Belgrade burned
Vučić flew to Beijing for a $1.1bn Chinese investment, while Belgrade burned

China’s $1.1bn AI, robotics and EV package for Serbia lands four days after 34,000 protesters filled the capital demanding early elections. Brussels has yet to develop a coherent response to either. On Saturday, tens of thousands of Serbians filled the…

China’s market regulator fines Luxshare and Wingtech over their unwinding deal
China’s market regulator fines Luxshare and Wingtech over their unwinding deal

SAMR has penalised the two electronics firms for procedural violations in their now-collapsed asset sale, the latest signal of Beijing’s tightening merger-enforcement posture. China’s State Administration for Market Regulation has fined Luxshare Precis…

Apple and Google push for judicial oversight of Canada’s lawful-access bill
Apple and Google push for judicial oversight of Canada’s lawful-access bill

Apple and Google have formally pushed for amendments to Bill C-22, the Canadian government’s lawful-access legislation now working its way through the House of Commons, arguing that the bill as drafted creates a potential for secret orders to compel ch…

Europe’s push to loosen Big Tech’s grip runs into Europe’s own divisions
Europe’s push to loosen Big Tech’s grip runs into Europe’s own divisions

The Tech Sovereignty Package arrives on Wednesday, but the EU is still arguing internally over what ‘digital sovereignty’ should actually require. The European Commission is preparing to publish its Tech Sovereignty Package on Wednesday afternoon, the …

The Netherlands just blocked a US company from buying the cloud provider that runs Dutch digital identity
The Netherlands just blocked a US company from buying the cloud provider that runs Dutch digital identity

The Dutch government has imposed a “complete prohibition” on the acquisition of Solvinity, a Dutch cloud provider, by Kyndryl, the American IT infrastructure company spun out of IBM in 2021. The deal, valued at roughly €100 million, would have given a …

xAI told staff to stop mingling with Cursor employees, weeks after they started working together
xAI told staff to stop mingling with Cursor employees, weeks after they started working together

  Elon Musk’s xAI has told employees to limit their contact with staff from Cursor , the AI coding startup that SpaceX has an option to acquire for $60 billion. The directive came from James Burnham, xAI’s general counsel and former chief lawyer at the…

China extends AI travel curbs from DeepSeek to other private firms
China extends AI travel curbs from DeepSeek to other private firms

Top researchers at private Chinese AI companies are being asked to surrender passports, in a quiet expansion of the controls that began at DeepSeek earlier this year. China is widening its informal travel restrictions on senior AI researchers, extendin…

Spain blocks Polymarket and Kalshi over missing gambling licences
Spain blocks Polymarket and Kalshi over missing gambling licences

A three-to-four month suspension while Madrid’s gambling watchdog investigates makes Spain the latest European jurisdiction to treat prediction markets as unlicensed betting. Spain has temporarily blocked the US-based prediction markets Polymarket and …