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Apple Loses Court Battle in EU, Ordered to Pay Over $14 Billion in Back Taxes to Ireland
The European Court of Justice has now sided with Vestager, agreeing Apple had unduly benefited from unfair loopholes in Ireland's tax regime, and that the company must now hand Ireland EUR 13 billion roughly Rs. 1,20,903 crore) in back payments.
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Spain, Ireland, Norway Set To Recognise Palestinian Statehood
Spain, Ireland and Norway will officially recognise Palestinian statehood on Tuesday, despite an angry reaction from Israel, which has found itself increasingly isolated after seven months of conflict with Gaza.
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Google, Amazon Do Not Need To Comply With An Italian rule: EU Court Adviser
Alphabet's Google, Amazon and Airbnb need not comply with an Italian rule requiring them to provide information on the companies as they are already subject to laws in Ireland and Luxembourg where they are located, an adviser to EU's top court said.
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Apple Suffers Setback as EU Court Orders Review of Tax Order Case
An EU tribunal made legal errors when it ruled in favour of Apple over a EUR 13 billion (nearly Rs. 1,16,000 crore) tax order and should review the case again, an adviser to Europe's top court said on Thursday, in a potential setback for the iPhone maker.
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Meta's Twitter-Rival Threads App Said to Skip Launch in EU
Facebook owner Meta's new Threads app, meant to rival Twitter, will not be available in the European Union when it launches Thursday because of regulatory concerns, a source close to the company said. The app is seen as the biggest challenge yet to Twitter since the takeover by Elon Musk sent the social media platform, hugely popular with politicia...
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Meta Faces Record EUR 1.2 Billion Fine in EU Over User Data Transfer to US
Facebook owner Meta has been fined a record EUR 1.2 billion (nearly Rs. 10,750 crore) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday. The Irish Data Protection Commission (DPC), which acts on behalf of the European Union, said the European Data Protection Board (EDPB) ha...
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ChatGPT Ban in Italy Attracts EU Privacy Regulators From France, Ireland: All Details
ChatGPT was recently blocked by OpenAI in Italy after the country's privacy regulator temporarily banned the generative AI service. Now, other European countries are also studying if coordinated efforts and harsher measures are needed to rein in chatbots that use artificial intelligence.
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TikTok Announces New 'Project Clover' European Data Security Regime Amid Increasing Legislative Pressure
TikTok has unveiled a new "Project Clover" data security regime that will apply to users in the European Union. The firm's announcement comes amid increasing pressure from legislators in the EU and the US over concerns that TikTok shares data with China's government.
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EU Said to Prepare to Bar Meta From Running Ads Based on Personal Data: All Details
Meta could be barred from running ads based on users' personal data without their consent in the EU. Austrian privacy activist Max Schrems filed a complaint against Meta with Ireland's data protection agency in 2018, alleging that the firm just moved the consent clause in the terms and conditions, instead of having a yes/no option for personalised ...
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Meta Fined EUR 17 million for Data Breach by Irish Watchdog
Facebook parent company Meta has been fined in Ireland to the tune of EUR 17 million INR HERE for breaching EU data privacy laws.
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European Union Offers Border "Express Lane" To Solve Northern Ireland Brexit Row
The EU on Wednesday offered to reduce customs checks and paperwork on British products intended for Northern Ireland in the hope of averting a new Brexit-related spat.
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UK Shares New Post-Brexit Trade Plan For North Ireland With European Union
Britain on Tuesday said it sent the EU a new legal text to overhaul fractious post-Brexit trading arrangements in Northern Ireland, and renewed threats to abandon the current deal.
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Intel To Invest Up To 80 Billion Euros In Boosting EU Chip Capacity
Intel Corp on Tuesday said it could invest as much as 80 billion euros in Europe over the next decade to boost the region's chip capacity and will open up its semiconductor plant in Ireland for automakers.
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Intel to Invest Up to EUR 80 Billion in Boosting EU Chip Capacity: CEO Pat Gelsinger
Intel said it could invest as much as EUR 80 billion (roughly Rs. 6,97,050 crores) over the next decade to boost the European region's chip capacity and will open up its semiconductor plant in Ireland for automakers.
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EU Pauses Digital Tax Plan After US Push, but Ireland Sticks to Its Guns
The European Union agreed to delay a corporate tax plan for the bloc following pressure from the US administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of the wider reform.
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Apple Loses Court Battle in EU, Ordered to Pay Over $14 Billion in Back Taxes to Ireland
The European Court of Justice has now sided with Vestager, agreeing Apple had unduly benefited from unfair loopholes in Ireland's tax regime, and that the company must now hand Ireland EUR 13 billion roughly Rs. 1,20,903 crore) in back payments.
-
Spain, Ireland, Norway Set To Recognise Palestinian Statehood
Spain, Ireland and Norway will officially recognise Palestinian statehood on Tuesday, despite an angry reaction from Israel, which has found itself increasingly isolated after seven months of conflict with Gaza.
-
Google, Amazon Do Not Need To Comply With An Italian rule: EU Court Adviser
Alphabet's Google, Amazon and Airbnb need not comply with an Italian rule requiring them to provide information on the companies as they are already subject to laws in Ireland and Luxembourg where they are located, an adviser to EU's top court said.
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Apple Suffers Setback as EU Court Orders Review of Tax Order Case
An EU tribunal made legal errors when it ruled in favour of Apple over a EUR 13 billion (nearly Rs. 1,16,000 crore) tax order and should review the case again, an adviser to Europe's top court said on Thursday, in a potential setback for the iPhone maker.
-
Meta's Twitter-Rival Threads App Said to Skip Launch in EU
Facebook owner Meta's new Threads app, meant to rival Twitter, will not be available in the European Union when it launches Thursday because of regulatory concerns, a source close to the company said. The app is seen as the biggest challenge yet to Twitter since the takeover by Elon Musk sent the social media platform, hugely popular with politicia...
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Meta Faces Record EUR 1.2 Billion Fine in EU Over User Data Transfer to US
Facebook owner Meta has been fined a record EUR 1.2 billion (nearly Rs. 10,750 crore) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday. The Irish Data Protection Commission (DPC), which acts on behalf of the European Union, said the European Data Protection Board (EDPB) ha...
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ChatGPT Ban in Italy Attracts EU Privacy Regulators From France, Ireland: All Details
ChatGPT was recently blocked by OpenAI in Italy after the country's privacy regulator temporarily banned the generative AI service. Now, other European countries are also studying if coordinated efforts and harsher measures are needed to rein in chatbots that use artificial intelligence.
-
TikTok Announces New 'Project Clover' European Data Security Regime Amid Increasing Legislative Pressure
TikTok has unveiled a new "Project Clover" data security regime that will apply to users in the European Union. The firm's announcement comes amid increasing pressure from legislators in the EU and the US over concerns that TikTok shares data with China's government.
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EU Said to Prepare to Bar Meta From Running Ads Based on Personal Data: All Details
Meta could be barred from running ads based on users' personal data without their consent in the EU. Austrian privacy activist Max Schrems filed a complaint against Meta with Ireland's data protection agency in 2018, alleging that the firm just moved the consent clause in the terms and conditions, instead of having a yes/no option for personalised ...
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Meta Fined EUR 17 million for Data Breach by Irish Watchdog
Facebook parent company Meta has been fined in Ireland to the tune of EUR 17 million INR HERE for breaching EU data privacy laws.
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European Union Offers Border "Express Lane" To Solve Northern Ireland Brexit Row
The EU on Wednesday offered to reduce customs checks and paperwork on British products intended for Northern Ireland in the hope of averting a new Brexit-related spat.
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UK Shares New Post-Brexit Trade Plan For North Ireland With European Union
Britain on Tuesday said it sent the EU a new legal text to overhaul fractious post-Brexit trading arrangements in Northern Ireland, and renewed threats to abandon the current deal.
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Intel To Invest Up To 80 Billion Euros In Boosting EU Chip Capacity
Intel Corp on Tuesday said it could invest as much as 80 billion euros in Europe over the next decade to boost the region's chip capacity and will open up its semiconductor plant in Ireland for automakers.
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Intel to Invest Up to EUR 80 Billion in Boosting EU Chip Capacity: CEO Pat Gelsinger
Intel said it could invest as much as EUR 80 billion (roughly Rs. 6,97,050 crores) over the next decade to boost the European region's chip capacity and will open up its semiconductor plant in Ireland for automakers.
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EU Pauses Digital Tax Plan After US Push, but Ireland Sticks to Its Guns
The European Union agreed to delay a corporate tax plan for the bloc following pressure from the US administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of the wider reform.
