Alex Katsomitros - Profile and Journalist Details
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Alex Katsomitros
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By Alex Katsomitros| World Finance Magazine Verified or Apple and Google, September 10, 2024 was a judicial bloodbath. For the EU’s regulatory apparatus, a rare victory in its war against big tech. The European Court of Justice ruled that Apple should pay €13bn in back taxes to the Irish tax authorities, while Google failed to overturn a €2.4bn fine over abuse of its online search dominance.
By Alex Katsomitros| World Finance Magazine Verified EU negotiations are known for dragging on too long, with deals often struck after midnight, products of exhaustion and relentless horse-trading. The one the European Council and the EU Parliament struck the night between December 8 and 9, 2023, was no different. Its final product, the EU AI Act, is the first major piece of legislation governing artificial intelligence (AI), including ‘generative AI’ chatbots that have become the Internet’s new sensation since the launch of ChatGPT in late 2022.
By Alex Katsomitros| World Finance Magazine Verified or Apple and Google, September 10, 2024 was a judicial bloodbath. For the EU’s regulatory apparatus, a rare victory in its war against big tech. The European Court of Justice ruled that Apple should pay €13bn in back taxes to the Irish tax authorities, while Google failed to overturn a €2.4bn fine over abuse of its online search dominance.
Company Info
Boulogne-Billancourt, France