The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), marking the first penalties under this legislation effective since March 2024. Apple was penalized for restricting app developers from informing users about alternative purchasing options outside the App Store, breaching the DMA’s
In 2022, Nasdaq has welcomed 156 initial public offerings (IPOs). It has facilitated the raising of $14.8 billion in total. This year, Nasdaq listed 85 operating companies and 71 SPACs, representing an 89% win rate in the US market and extending Nasdaq’s leadership to 36 consecutive quarters. There were 29
Standards Advisory Panel (SAP) of Bank of England met on 1st September 2022. SAP discussed the issues of industry readiness for UK’s implementation of ISO 20022 ISO 20022 is an open global financial information standard. It offers consistent, rich, and structured data that can be used for any financial business
The importance of voice-based AI is growing significantly due to its versatility, accessibility, and ability
Trump sweeping tariff policy, including a 54% tariff on all Chinese goods entering the U.S.
The European Commission has issued a positive preliminary assessment of France’s payment request for €3.26
