article thumbnail

Spain investigating Apple and Amazon over anti-competitive practices

TechSpot

Spain's Comisión Nacional de los Mercados y la Competencia – or CNMC – is said to be investigating both Apple and Amazon over the online sale of consumer electronics, although the details so far are sketchy. In a statement, the CNMC said that it had opened proceedings over possible unlawful.

Spain 122
article thumbnail

Spain moves closer to passing a startup law

TechCrunch

Spain’s government has agreed on the details of a draft startup law — passing the baton to the parliament to debate and potentially amend the plan ahead of a vote to turn it into actual law. — it costs us 70 GBP instead of ~5K EUR in Spain.” back in 2015 — because of relative costs.

Spain 98
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meta faces $600M competition damages claim in Spain as media owners pursue privacy breach lawsuit

TechCrunch

Meta is facing a major legal challenge and damages claim in Spain that argues the adtech giant’s years of failing to have a valid legal basis for processing people’s data for ads under European Union data protection rules also constitutes a competition breach for which they should be compensated financially.

Spain 127
article thumbnail

John McAfee has been arrested in Spain and is facing extradition

The Verge

He has been arrested in Spain and is awaiting extradition, the DOJ said. John McAfee, who built a fortune selling cybersecurity software and has in recent years become a cryptocurrency evangelist, has been indicted on charges of tax evasion by the Department of Justice (DOJ).

Spain 131
article thumbnail

Spain will regulate influencers promoting cryptocurrency

The Verge

Spain has announced new rules for how social media influencers and others can advertise cryptocurrency assets, Reuters reports. Illustration by James Bareham / The Verge.

Spain 95
article thumbnail

Even the Most Advanced AI Has a Problem: If It Doesn’t Know the Answer, It Makes One Up

Futurism

According to Jos Hernndez-Orallo, a professor at Spains Valencian Research Institute for Artificial Intelligence, hallucination comes down to the way AI models are trained. This rampant AI problem is, according to researchers who spoke to the Wall Street Journal , rooted in a reticence to be caught not knowing something.

Problem 139
article thumbnail

Revel, the car subscription startup from Spain, raises $123M to take its business up a gear

TechCrunch

Today, a startup out of Spain called Revel is announcing €115 million […]

Spain 94