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Google rivals line up seeking damages after record $1 billion EU fine

Google rivals line up seeking damages after record $1 billion EU fine

by AIP Online Bureau | Jul 28, 2026 | Eco/Invest/Demography, International News, Regulation

The damages claims come as Google’s AI spending spree has left it burning cash, with Alphabet’s free cash flow negative in the second quarter for the first time as a public company. Tech and chip stocks are under pressure as investors question lofty valuations amid...
More countries move to ban social media for children

More countries move to ban social media for children

by AIP Online Bureau | Jul 12, 2026 | Eco/Invest/Demography, International News, Technology

Social media has been banned for under-16s in Australia since December last year, while Brazil introduced a law in March requiring platforms to link the accounts of users aged under-16 to those of their parents, while also requiring platforms to verify users’ ages....
Banks’ exposure to heat-related losses faces scrutiny in EU

Banks’ exposure to heat-related losses faces scrutiny in EU

by AIP Online Bureau | Jul 7, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation

Heat-related damage tends to be less straightforward to measure than losses caused by floods and wildfires, the EBA said. For now, the next stress test measuring European bank resilience will focus on flood risk. The process, which extends into 2027, will be handled...
Google loses final appeal against €4.1 billion EU antitrust fine

Google loses final appeal against €4.1 billion EU antitrust fine

by AIP Online Bureau | Jul 7, 2026 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The Android fine was imposed in 2018, a year after the Commission fined Google €2.42 billion ($2.77 billion) for using its shopping comparison service to gain an unfair advantage over smaller rivals. Google lost an appeal against that in 2021. Alphabet’s Google last...
EU to force companies to buy components from non-Chinese suppliers, FT reports

EU to force companies to buy components from non-Chinese suppliers, FT reports

by AIP Online Bureau | May 19, 2026 | Eco/Invest/Demography, International News, Policy

Under the new legislation companies would be limited to ​buying about 30% to 40% of components from a single supplier ⁠and would have to source the rest from at least three different ​suppliers not coming from the same country, the FT said. The European Union is...
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