GERMAN WATCHDOG
German watchdog warns some cooling systems remain vulnerable to hacking
Hacking attacks on European supermarkets spread across the continent last week, hitting fridges and freezers from Sweden to Belgium and forcing stores to throw away food in an incident that echoed a similar attack in France last month.
From Rome to Washington, why governments are pulling DeepSeek off official systems
At least eight governments, now including the US, have restricted the Chinese AI company's products. Most cite the same concern – user data stored in China, where the law gives the state wide powers to access it.
German publishers reject Apple's revised app tracking rules, urge antitrust fine
Apple has said the tool, which allows users to block advertisers from tracking them across different applications, is designed to allow users to control their privacy. However, it triggered criticism from Meta Platforms, publishers, advertisers and app developers whose business models rely on advertising tracking, prompting the German competition enforcer to charge Apple with abusing its market power in February last year.
German financial watchdog: AI is helping to catch market abuse
Germany's financial regulator, BaFin, is now employing artificial intelligence to detect market abuse and suspicious trading patterns, enhancing its ability to catch offenders. BaFin President Mark Branson announced the implementation of AI in their alert and market analysis system last year, leading to more accurate results. This advancement significantly increases the risk of detection for those engaging in market abuse.
Germany closes Meta case after data measures agreed
Germany's antitrust watchdog said on Thursday that Meta had taken measures that give users greater control over how their data get used on its platforms, ending a long-running dispute. "Users now have much greater control over how their data are combined," cartel office president Andreas Mundt said in a statement.
German competition watchdog vows closer eye on Microsoft
"Microsoft's many products are ubiquitous and indispensable in companies, public authorities and private households," said Andreas Mundt, head of the Bundeskartellamt. "The Microsoft ecosystem is now more interwoven and stronger than ever before."
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A look at how European regulators are cracking down on Big Tech
Here is look at some of the actions taken by European watchdogs to keep a tab on big technology companies.

Google changes user data practices to end German antitrust probe
The German antitrust watchdog in January issued a charge sheet known as a statement of objections to Google over its data processing terms, saying that users were not given sufficient choice as to whether and to what extent they agree to the far-reaching processing of their data across the company's services.

Scrutiny of Sam Altman's iris-scanning crypto project Worldcoin grows
Almost 2.3 million people globally have signed up to have their irises scanned by Worldcoin's "orb" devices in exchange for a digital ID and free cryptocurrency.

Scrutiny of iris-scanning crypto project Worldcoin grows
Worldcoin has drawn criticism from privacy campaigners over its data collection. It has said the biometric data is either deleted or stored in encrypted form, and that it is "committed" to working with regulators.

German data watchdog probing Sam Altman's Worldcoin crypto project
Worldcoin, which launched last week, requires users to give their iris scans in exchange for a digital ID and, in some countries, free cryptocurrency as part of plans to create a new "identity and financial network".

German competition watchdog steps up monitoring of Apple
Apple joins Amazon, Google parent Alphabet and Meta, the group behind Facebook, in falling under reinforced monitoring made possible by the German Competition Act.

Germany mulls placing Microsoft under close watch
The Federal Cartel Office said it was taking a first step to see if Microsoft is of "paramount significance across markets".

German, Australian competition watchdogs to follow CCI's steps on Google
Germany's national competition regulatory agency Bundeskartellamt and the Australian Competition and Consumer Commission (ACCC), have been following the Competition Commission of India's actions on Google.

German watchdog asks Tesla to recall 59,000 units globally
The KBA watchdog said on its website dated June 29 that a software flaw was causing a breakdown of the eCall, which is designed to automatically contact emergency responders in the event of a serious accident.

Germany opens anti-cartel probe into Google Maps
Andreas Mundt, president of the watchdog, said it had reason to believe that Google "may be restricting the combination of its own map services with third-party map services, for example when it comes to embedding Google Maps location data, the search function or Google Street View into maps not provided by Google".

FATF set to review Pakistan for money laundering, terrorist financing
FATF meeting is scheduled to be held in Berlin from June 14-17. This meeting is especially crucial for Pakistan as the country continues to remain on the watchdog's "grey list" for failing to check terror financing.

Russia says 'limiting' sites of BBC, Deutsche Welle, Meduza, Svoboda
Access to websites of the BBC, the independent news website Meduza, German broadcaster Deutsche Welle, and the Russian-language website of the US-funded Radio Free Europe/Radio Liberty, Svoboda, were "limited" by Roskomnadzor, it said, following a request from prosecutors.

YouTube shuts German channels of Russian broadcaster RT
YouTube said RT's German branch had received a "strike" for uploading material that violated YouTube's standards on Covid-19 misinformation, and as a consequence was suspended from uploading new videos to its channel.

German antitrust watchdog launches proceedings against Google
Germany's antitrust watchdog launched a probe into whether Google Germany, Google Ireland and its parent company Alphabet are exploiting their market dominance

EU investigating German watchdog over Wirecard collapse
Wirecard's implosion on Thursday, owing creditors almost $4 billion, is shaping up to be one of Germany's biggest corporate scandals, and regulator BaFin has come under fire at home and abroad for not spotting problems sooner.

Facebook's new nemesis is a German antitrust watchdog named Andreas Mundt
In a case that caused much surprise outside Germany, Mundt unveiled preliminary findings, saying Facebook may take advantage of its popularity to bully users into agreeing to terms and conditions they often don’t understand.

BMW to recall over 1.93 lakh vehicles in China
When the driver and front passenger airbags of the affected vehicles inflate, the gas generators inside may become damaged and cause flying debris, posing safety risks to passengers, the statement said.

BMW to recall 6,109 cars over fuel pump problem in China
The vehicles were produced between June 12 and November 19, state-run news agency Xinhua reported. The BMW China Automotive Trading Co Ltd will fix the problem free of cost for recalled cars, it added.

German regulator hails European Medicine Agency's drugs suspension on GVK Bio data
The German watchdog said it will take a decision shortly on whether to add more medicines to the list of banned drugs in the wake of the EMA's announcement.

Suzuki Motor Corp recalls 365, 506 cars in China over oil leakage issue
Japanese automaker Suzuki Motor Corp will recall 365,506 vehicles in China over possible oil leakage problems.
Germany, Sweden blast 'bureaucratic' EU for over bank bailouts
German and Swedish finance ministers blasted the European Commission on Tuesday for being too "bureaucratic" in assessing whether state bailouts of troubled banks are in line with EU rules.
German mortgage bank rescued from bankruptcy
The German bank Hypo Real Estate (HRE) was granted a last-minute "multi-billion euro" credit line from a consortium of German banks that allowed it to avoid declaring bankruptcy, it said on Monday.
US should hold direct talks with Iran: nuclear agency chief
The United States should hold direct talks with Iran to settle the dispute over Tehran's nuclear programme, the head of the United Nations' nuclear watchdog said in an interview published Friday.
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