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The European Commission on Monday warned X Corp. owner Elon Musk and CEO Linda Yaccarino that the company may face penalties and restrictions in Europe if it doesn't address the spread of illegal content, including incitements to violence and hate speech, on its social media platform.
Contested Venezuelan President Nicolas Maduro ordered a 10-day ban on social networking platform X, cutting off locals' access to the platform after a feud with Elon Musk.
British food delivery firm Deliveroo reported a small profit in the first half of the year, inching into the black for the first time ever after logging growth in consumer demand.
LONDON — E-commerce giant Amazon's multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator.
LONDON — Ofcom, the U.K.'s media regulator, was chosen last year by the government as the regulator in charge of policing harmful and illegal content on the internet under strict new online safety regulations.
Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience.
Sony's finance chief on Wednesday said the Japanese technology and media giant will not reconsider a fresh bid for film and TV production group Paramount Global.
Elon Musk is "the one person who is accountable to no one" and his impact on public discourse should not be underestimated, the U.K.'s technology minister said in an interview with the Times newspaper, adding to recent criticisms of the technology billionaire from senior government officials.