Business news from Italy: archives - Page 22 of 37

EU votes yes to AI Act

March 15, 2024March 15, 2024Deborah CaterLeave a Comment

Europe has crossed the finishing line of the AI Act, a monumental framework of regulations governing artificial intelligence.

Lufthansa ITA Airways deal depends on routes

ITA – Lufthansa deal hinges on routes

March 15, 2024March 15, 2024Deborah CaterLeave a Comment

The EU Competition Commissioner says the routes operated by Lufthansa and ITA are the potential stumbling block to the deal.

TikTok fined €10million by antitrust authority

March 14, 2024March 14, 2024Deborah CaterLeave a Comment

Italy’s Antitrust Authority imposed a €10million fine on video-sharing social media giant TikTok for its failure to adequately safeguard minors from potentially harmful content.

Agcom issues X with €1.35million fine

March 13, 2024March 13, 2024Deborah CaterLeave a Comment

Italy’s communications regulator Agcom has imposed a hefty fine of €1.35 million on the social media platform X, formerly known as Twitter.

Taxes are not beautiful – Meloni

March 13, 2024March 13, 2024Deborah CaterLeave a Comment

Premier Giorgia Meloni asserted on Wednesday that she does not view taxes as “beautiful.”

Italy to introduce new AI law

March 12, 2024March 12, 2024Deborah CaterLeave a Comment

Italy’s Prime Minister announced the preparation of Italy’s own AI Law in a video at the conference “Artificial intelligence for Italy”.

extra virgin olive oil (EVOO) from Italy in a bottle

Italians less likely to buy EVOO due to price hikes

March 9, 2024March 9, 2024Deborah CaterLeave a Comment

A survey reveals that one-third of Italians have scaled back their consumption of extra virgin olive oil (EVOO). A cornerstone of the Mediterranean diet, the drop in oil sales is due to soaring prices.

Open AI's new tool Sora is under investigation by the Italian DPA

Italy’s DPA investigates AI tool Sora

March 9, 2024March 9, 2024Deborah CaterLeave a Comment

Italy’s data protection authority announced on Friday that it has initiated an investigation into Sora, a new artificial intelligence (AI) tool developed by US company OpenAI.

Florence building collapse Image from fire service on social media

Florence building collapse – three dead, others missing

February 17, 2024February 17, 2024Deborah CaterLeave a Comment

Three workers are dead, three injured but not in a life-threatening condition and two are missing feared dead after a Florence building collapse on Friday, civil protection regional spokesperson Monia Monni said.

Three companies show substantial increases in turnover in 2023.

TIM, Essilux & Ferrero post impressive increases in turnover

February 15, 2024February 15, 2024Deborah CaterLeave a Comment

Ferrero announce turnover up by 20% in 2023. Similarly, the Italian telecoms giant TIM announced a 31% increase in earnings in 2023, whilst EssilorLuxottica announced a 14% increase in profits.