Author: Euronews

Trade association BPI has started legal proceedings against Jammable, a start-up imitating famous singers like Drake and Amy Winehouse. ADVERTISEMENTThe British Phonographic Industry (BPI) has sent a legal letter of complaint to company Jammable regarding the firm’s ‘deepfake’ technology.Jammable, which until recently was known as Voicify, uses AI-based software to mimic artists’ voices so that users can include these vocals in new compositions.According to BPI, the software may have been trained using copyrighted works, which constitutes an infringement of property rights.”The music industry has long embraced new technology to innovate and grow, but Voicify …and a growing number of others…

Key diary datesADVERTISEMENT• Tuesday 19 March: European Parliament’s committee vote on the reform of EU pharmaceutical rules.• Wednesday 20 March: Presentation of the European Commission’s first ‘EU Biotech and Biomanufacturing Initiative’.• Tuesday 19-Friday 22 March: European Commission organises Digital Markets Act workshops with gatekeepers.In spotlightThis Wednesday (20 March) the European Commission is expected to unveil a new ‘EU Biotech and Biomanufacturing Initiative’ .Despite half-hearted attempts at regulatory simplification in the sector in the past, life science technologies are increasingly drawing attention from policymakers.Last month Euronews first reported on the health component of this initiative based on a leaked draft document…

The social media platform plans to go public on Wednesday looking to raise up to $748 million through the sale of 22 million shares. ADVERTISEMENTDays before the social media platform debuts on the New York Stock Exchange, the interest for Reddit’s stocks is between four and five times oversubscribed, according to Reuters.  Reddit is going to be publicly traded after its Initial Public Offering (IPO) on Wednesday, where the San Francisco-based company is seeking a $6.5 billion (€5.96 billion) valuation, equalling a price range of between $31 and $34 per share.The company wants to raise as much as $748 million (€686 million),…

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. Even in countries with strong democratic traditions, there are serious threats to the institutions, processes and freedoms that underpin free and open societies. And if left unchecked, the damage to democracy may be all but impossible to reverse, Eleanor Brooks and Jonathan Day write. ADVERTISEMENTDespite its importance to a free and democratic society, the rule of law situation is deteriorating across the EU. Even in countries with strong democratic traditions, We expect our leaders to listen to our…

Germany, France, and a dozen other EU countries want the EIB to change its policy on defence investment. ADVERTISEMENTFourteen nations have sent a letter to European Investment Bank (EIB) officials to call for more efficient funding of defence projects, according to Bloomberg.The letter, dated 17th March, was sent to EIB President Nadia Calvino, European Council President Charles Michel, and Belgian Prime Minister Alexander De Croo.The EIB’s current policy forbids it from investing in weapons, ammunition, and military infrastructure, but the bank is allowed to finance so-called “dual-use items”, which can be used for both civilian and military purposes.In the face…

Euronews ‘On Air’ show will launch channel’s election coverage, and reveal an exclusive 18-country survey poll results. ADVERTISEMENTEuronews will launch its EU election coverage with live showcase editions of its headline television shows at a marquee event in Brussels on Tuesday (March 19) during which the channel will reveal the results of an exclusive IPSOS partnered poll, and celebrate the opening of its central newsroom in the European capital.More than 500 guests are set to attend ‘Euronews On Air’ and watch production of two special editions of head-to-head interview show The Global Conversation. In the run up to the elections,…

France is holding on to its title as Europe’s top nuclear energy producer. After two decades going back and forth, Germany has finally definitely closed its nuclear energy-producing facilities. Meanwhile, countries with smaller capacities have ramped up their productions. ADVERTISEMENTFrance is this month supposed finally to load in fuel its third-generation nuclear reactor, known as EPR, and a connexion to the grid is expected later this year. Europe’s top nuclear energy producer is 12 years behind schedule – a delay that pushes some to doubt the EPR will become operational this year. Nonetheless, France is ramping up its nuclear energy production…

The Spanish stock market has surged to its highest point since January 2018. Despite historical summer volatility, positive economic indicators and attractive valuations suggest potential resilience ahead. ADVERTISEMENTSpain’s stock market, tracked by the IBEX 35 Index, climbed 5% in the first two weeks of March, showcasing a 20% increase from a year ago. The rally was propelled by standout performances from leading corporations and the vibrant health of Spain’s economy. Spanish corporates enjoy strong momentumA significant driver of this recent upswing is Inditex, the conglomerate behind iconic fashion brands such as Zara, Massimo Dutti, Bershka, and Pull&Bear, which constitutes 14%…

Ageing technology and COVID-19 belt tightening are some of the challenges faced by China in its race to achieve semiconductor independency. ADVERTISEMENTChina is currently the world’s top semiconductor consumer, accounting for more than 50% of global consumption, according to the Centre for International Governance Innovation. Along with this, it is also the world’s fifth largest semiconductor manufacturer, following Taiwan, South Korea, Japan and the US.China has also highlighted several times in the past that it aims to become an artificial intelligence superpower in the coming few years. Naturally, the US has not taken kindly to these statements, amid increasing geopolitical…

UK authorities have the power to fine a tenth of businesses’ global turnover if greenwashing has been proven. And a recent report finds that almost half of big businesses in the UK are at risk. ADVERTISEMENTIn the UK, 4 out of 10 large businesses face hefty fines for greenwashing in 2024, as a major toughening up of consumer protection law from the Competitions and Markets Authority (CMA) and the EU comes into force.According to a new analysis of sustainability by the communication platform Compare Ethics, businesses are not mitigating the real risk yet, which includes a fast-changing environment in which every…