The Italian antitrust authority (AGCM) has launched an investigation into Meta over the artificial intelligence feature in the WhatsApp messenger. Italy suspects that Meta abused its dominant position in the messaging market by pre-installing the AI function without obtaining users’ consent, according to Euractiv.
On Tuesday, July 29, antitrust officials, accompanied by financial police experts, conducted a raid at Meta’s Italian branch.
A Meta spokesperson stated that the company is “fully cooperating with the Italian antitrust authority.”
“Providing free access to our AI features in WhatsApp gives millions of Italians the opportunity to use AI in a space they already know,” the spokesperson added.
Meta claims that using AI is entirely optional. However, the Italian regulator says that since March 2025, Meta AI has been integrating its AI services “in conjunction with the WhatsApp service without prior user consent.”
The AI service has already come under scrutiny in several other European countries.
Meta recently delayed the rollout of its AI platform after Ireland’s data protection authority raised concerns regarding the use of personal data.
Klarna shares jumped 30% during the long-awaited debut in New York, valuing the Swedish fintech at $19.65 billion. This marked the end of years of anticipation for the company’s IPO and highlighted the recovery of the broader U.S. IPO market. The stock opened at $52 per share, compared with the IPO price of $40. The […]
Private equity firm GTCR has reached a €4.1 billion ($4.8 billion) deal to acquire Czech generics drugmaker Zentiva from Advent International, Financial Times reported on Wednesday, citing unnamed sources. Reuters was unable to immediately confirm the information. GTCR, Advent, and Zentiva did not respond to Reuters’ requests for comment. According to the report, the transaction […]
Tesla’s share of the U.S. auto market dropped in August to its lowest level in eight years, Reuters reports. Elon Musk’s company, which once controlled more than 80% of the U.S. EV market, accounted for just 38% in August. For the first time since October 2017, Tesla’s share fell below 40%. By comparison, Tesla EVs […]
Ford’s August sales data show that the electric crossover Mustang Mach-E outsold its gasoline “sibling” by more than two-to-one, according to Carscoops. Last month, 7,226 Mustang Mach-Es were sold in the U.S. — a 35.3% increase compared to August 2024. By contrast, the traditional gasoline Mustang sold just 3,235 units, or half as many. While […]
Worldwide chip sales in July rose by 20.6% year-on-year, reaching $62.1 billion. Compared to June, the semiconductor market grew by 3.6%, according to a press release from the Semiconductor Industry Association (SIA). Sales in North and South America jumped 23.9% year-on-year, in China by 10.4%, in Europe by 5.7%, and in the Asia-Pacific and other […]
The late designer Giorgio Armani instructed his heirs to gradually sell the fashion house he founded 50 years ago or to take it public. This is stated in his will, according to Reuters. Giorgio Armani died at the age of 91, leaving no children who could inherit his fashion empire, which industry analysts value at […]
In August, Ukraine’s vehicle fleet grew by more than 2,800 hybrid passenger cars (HEVs and PHEVs), which is 7% more than in July, Ukravtoprom reports. It is noted that the share of new cars in this number increased by 4 percentage points compared to the previous month, reaching 56%. In the new passenger car segment, […]
Oracle co-founder Larry Ellison has overtaken Elon Musk in the race for the title of the world’s richest person, Bloomberg reports. Ellison’s fortune surged by more than $100 billion thanks to an unprecedented rally in Oracle’s stock following the company’s quarterly earnings release. The results, published Tuesday evening in New York after markets closed, exceeded […]
The American pharmaceutical company Pfizer may apply for permission to use its oral drug for the treatment of COVID-19, at the end of this year. This was announced on Thursday by the Chairman of the Board and Chief Executive Officer of Pfizer Albert Burla. “In addition, our scientists are developing an oral drug to treat […]
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Egypt is losing about $ 14 million a day due to the blockade of the Suez Canal by the giant container ship Ever Given. The head of the Suez Canal Osama Rabi in an interview with eXtra News stated this. It is difficult to calculate the exact amount of losses, as the fees that Egypt […]
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The European aerospace corporation Airbus has announced a decision to recall around six thousand A320-family aircraft due to identified issues in the ELAC flight-control system. The planes are scheduled to undergo repairs. The news was reported by Reuters. The repair campaign includes rolling back aircraft to a previous version of the software. The procedure takes […]
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Amazon founder and CEO Jeff Bezos sold shares of the company worth about $ 6.7 billion for the period from 3 to 10 May. This was reported by Interfax on Wednesday, May 12, citing data from the Securities and Exchange Commission (SEC). In particular, from May 3 to 6, Bezos sold 1.48 million shares for […]
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Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]
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India’s state-owned oil refiners, Indian Oil and Bharat Petroleum, have bought Russian crude for January deliveries, taking advantage of discounts and available volumes from suppliers not under sanctions, Bloomberg reports. An unspecified number of cargoes was contracted at a discount of around $5 per barrel from new trading entities. For comparison, a month earlier the […]
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In the 9th year AD, the Roman proconsul Publius Quinctilius Varus returned to the German provinces with three legions to suppress the rebellion of the tribe. He did it successfully three years earlier – but this time, the enemy has decided to change strategy, and the legions were destroyed. Last cry of Varus is known […]
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KSG Agro agroindustrial company (Dnipropetrovsk region) initiates the restructuring of debt in the amount of $ 20 million. The company offers compensation to creditors in the amount of 1% of each of the outstanding principal. This was said in a statement of the company. In particular, the Board of Directors announced that the company has […]
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The American company Airbnb, which is the operator of the rental service of the same name, expects to raise $ 1 billion through an initial public offering (IPO). This is stated in a statement posted on Monday on the website of the Federal Securities and Exchange Commission. The company clarifies that its plans are “preliminary […]
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The Cabinet of Ministers has approved the allocation of more than ₴2.4 billion in additional funding for roads and fuel for generators in Ukraine’s frontline regions. Prime Minister Yuliia Svyrydenko announced the decision on Telegram following a visit to Kharkiv. According to her, the government allocated an additional ₴665.3 million for the purchase of fuel […]
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Automaker Ford is recalling more than 103,000 F-150 pickup trucks in the U.S. due to an issue with axle bolts that may break, potentially causing the vehicle to roll away or lose drive power. The announcement was made by the U.S. National Highway Traffic Safety Administration (NHTSA). The axle bolt defect may damage components that […]
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The American corporation The Walt Disney Company has announced the forthcoming closure of the animated studio Blue Sky Studios, which has created a number of world-famous cartoons. Bloomberg announced this on Tuesday, February 9, citing a company statement. “Given the current economic situation, after much deliberation and evaluation, we have made a difficult decision to […]
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In the first quarter of 2021, PrivatBank’s profit amounted to UAH 2.4 billion, which is 4.3 times less than in the same period last year (UAH 10.4 billion). This was reported on the bank’s website. “Changes in the world economy and Ukraine’s economy, first of all, the growth of yields on long-term US government treasury […]
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Newspaper Financial Times found that IT-Oracle Corporation wants to buy Chinese video service TikTok. About this edition with reference to sources wrote on August 18. Official information about negotiations in ByteDance (it owns TikTok), nor Oracle did not comment. According to sources of FT, the company also is negotiating with investors who own shares in […]
NextA recent study by the Law Society of Scotland has shown a 42% pay gap between female solicitors and their male counterparts, despite women representing half of the legal profession in Scotland. The Law Society found that from the age of 36, women are paid a lower salary, on average £18,000 less, than men of […]
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In the June forecast, the European Bank for Reconstruction and Development improved its expectations for Ukraine’s economic growth in 2021 from 3% to 3.5%. The EBRD forecasts the same growth next year. The Bank’s analysts believe that the main risks to Ukraine’s economy are related to the slow progress of reforms in the country and […]
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