ComputerWorld AI·
The European Commission is considering new rules that could restrict the use of cloud services from other countries for sensitive public data within the EU, according to sources cited by CNBC. The proposal is expected to be part of the EU’s upcoming “Tech Sovereignty Package,” which is slated to be presented May 27. The idea is that certain types of data — such as those in healthcare, finance, and the judiciary — should be stored and managed to a greater extent on European cloud infrastructure. If put in place, the rules could affect dominant US players such as Microsoft, Amazon Web Services, and Google Cloud. All could consequently see their use restricted in sensitive public systems. The move comes amid growing concern about dependence on US technology and legislation such as the US Cloud Act, which in some cases can give US authorities access to data even if it is stored in Europe.
Read full articleStarmer's policy shift may trigger leadership challenges within Labour, reflecting broader Western resistance to Chinese industrial influence. The post Starmer nationalizes British Steel, aligns Labour with EU amid leadership concerns appeared first on Crypto Briefing.
Europe’s large public sectors are a powerful tool to build a market for native tech
Nvidia has already committed more than $40 billion to equity investments in AI companies in the first months of 2026, according to CNBC. The bulk comes from a single $30 billion investment in OpenAI, but the chipmaker has also announced seven multi-billion dollar deals in publicly traded companies, including up to $3.2 billion in glassmaker […]
The billionaire founder and CEO of Citadel Securities warns that a global and US recession is on the table if a critical waterway for oil shipments remains closed for an extended period of time. In a new CNBC interview, Ken Griffin says oil prices will likely soar to unmanageable levels if Iran continues its blockade […] The post Billionaire Ken Griffin Warns of Global and US Recession Amid Higher Oil Prices – Here’s His Timeline appeared first on The Daily Hodl.
The post Strategy CEO Outlines Criteria for Bitcoin Sales appeared on BitcoinEthereumNews.com. Phong Le, the CEO of Bitcoin treasury company Strategy, outlined conditions in a Friday interview under which the company would sell some of its Bitcoin holdings. The company will sell Bitcoin to pay the dividend on its Series A Perpetual Stretch Preferred Stock (STRC), a corporate credit instrument that pays an 11.5% dividend to holders, and to defer or offset taxes, Le told CNBC. He added: “I believe in math over ideology, and at the point where selling Bitcoin versus selling equity to pay a dividend is better for our Bitcoin per share, and for our common shareholders, we will do it.” Le added that the company would only sell BTC to pay for the yield owed to holders of its credit instruments if the sales are “accretive” to Strategy’s shareholders, meaning the company increases the BTC per share metric. Source: Phong Le The comments came after Strategy co-founder Michael Saylor said that th
EU officials have agreed to water down certain aspects of the AI Act, including delaying the implementation of rules covering a number of high-risk applications until December 2027, instead of the originally set deadline of August 2026, according to the latest update of EU lawmakers watering down AI rules. This agreement comes after many companies argued the EU was bogging itself down in unnecessary regulation, leaving the EU behind competitors in the US and Asia. The deal was reached after 9 hours of talks, which is fairly standard for negotiations in Brussels. It still needs to be ratified by EU […]
A 2026 ranking of crypto PR agencies with documented placements in Forbes, Bloomberg, the Wall Street Journal, Reuters, the Financial Times, and CNBC. Outset PR leads with named cases and verifiable mainstream business media outcomes.
Elon Musk's plans to get into the AI chip manufacturing business are going to be costly. As the New York Times and CNBC report, SpaceX is planning to invest at least $55 billion into its "Terafab" chip plant in Austin, Texas. That's according to the details of a public hearing notice filed in Grimes County, Texas, for a meeting to request tax breaks for the project. The company says that if additional phases are constructed, its investment could someday balloon to $119 billion total. When Musk initially announced the project in March, he shared ambitious plans for it to produce enough chips to support up to 200 gigawatts per year of computi … Read the full story at The Verge.
