Meta and Apple Pause AI Releases in EU Over Regulatory Concerns
18.07.2024 23:59 1 min. read Alexander Stefanov
Meta, following Apple's lead, has decided to halt the release of new artificial intelligence (AI) features in the European Union (EU) due to regulatory uncertainty.
Both companies, Meta and Apple, have cited concerns over EU laws such as the Digital Markets Act (DMA) and General Data Protection Regulation (GDPR).
In a statement to Axios on July 17, Meta mentioned plans to introduce a new multimodal Llama model in the coming months, but not in the EU, attributing this decision to the unpredictable regulatory environment.
The EU’s DMA requires tech “gatekeepers” like Meta and Apple to ensure their products support interoperability with rival platforms, aiming to promote fair competition.
READ MORE:
American Company Bets Against Trump Media Day Before the Assassination Attempt – Coincidence?
Meanwhile, Meta’s concerns with GDPR limitations on user data usage have also influenced its decision to pause AI developments in the EU.
Despite these challenges, Meta remains optimistic about launching future AI products, including advanced versions of its Llama AI model, in the United Kingdom where regulatory processes are perceived to be more favorable compared to the EU.
-
1
EU Risk Watchdog Urges Stronger Safeguards on Cross-Border Stablecoins
02.10.2025 22:00 1 min. read -
2
U.S. Government Shutdown Stalls Crypto ETF Approvals
03.10.2025 17:41 2 min. read -
3
Trump-Backed World Liberty Financial Eyes Tokenized Commodities and Stablecoin Integration
01.10.2025 12:22 2 min. read -
4
Trump Family Expands Crypto Holdings Amid WLFI and Token Success
16.10.2025 21:00 1 min. read -
5
China Establishes Shanghai Hub to Push Digital Yuan Abroad
27.09.2025 19:00 1 min. read
Trump Family Expands Crypto Holdings Amid WLFI and Token Success
Donald Trump’s second term has coincided with a remarkable expansion of his family’s cryptocurrency holdings, generating more than $1 billion in profits over the past year, according to Financial Times reporting.
OKX and Standard Chartered Bring Secure Crypto Custody to Europe
Crypto exchange OKX is deepening its alliance with Standard Chartered, bringing their institutional custody model to the European Economic Area.
Glitch Leads Paxos to Mint $300 Trillion in PayPal Stablecoin Before Quick Burn
A brief but stunning technical glitch at Paxos on Wednesday led to the creation of 300 trillion PayPal USD (PYUSD) – an amount surpassing the entire global GDP – before the stablecoin issuer swiftly reversed the mistake.
Meta Expands Texas Footprint With $1.5B El Paso AI Data Hub
Meta has announced a new $1.5 billion investment to build a massive data center in El Paso, Texas – its 29th worldwide and third in the state.
-
1
EU Risk Watchdog Urges Stronger Safeguards on Cross-Border Stablecoins
02.10.2025 22:00 1 min. read -
2
U.S. Government Shutdown Stalls Crypto ETF Approvals
03.10.2025 17:41 2 min. read -
3
Trump-Backed World Liberty Financial Eyes Tokenized Commodities and Stablecoin Integration
01.10.2025 12:22 2 min. read -
4
Trump Family Expands Crypto Holdings Amid WLFI and Token Success
16.10.2025 21:00 1 min. read -
5
China Establishes Shanghai Hub to Push Digital Yuan Abroad
27.09.2025 19:00 1 min. read
Meta has announced a new $1.5 billion investment to build a massive data center in El Paso, Texas - its 29th worldwide and third in the state.
Bitcoin’s recent breakout above $100,000 is just one piece of a much bigger story: crypto is edging closer to the mainstream, and some of the biggest names in tech want in.
Meta Platforms Inc. is under pressure from shareholders to explore Bitcoin as a way to protect its $72 billion cash reserves from inflation.
Meta Platforms will not be joining the list of corporations adding Bitcoin to their balance sheets—at least not yet.
Meta is set to slash its Reality Labs budget by 20% by 2026, a strategic move aimed at realigning the division’s focus and managing costs.
Discover five small-cap cryptos like FXGuys, DEGO, and ILV that could deliver life-changing wealth in 2025 with innovative DeFi and trading solutions.
Metalpha, a major crypto wealth management firm based in Hong Kong, recently transferred $77.55 million in Ethereum (ETH) to Binance, as reported by Lookonchain.
After weeks of speculation, MetaMask has officially confirmed that a rewards initiative is on the way, but the company cautions that many of the viral claims circulating online are inaccurate.
MetaMask is making a major leap beyond Ethereum by adding support for Solana, marking its first deep integration with a non-EVM blockchain.
MetaMask is gearing up for a major upgrade in 2025, introducing new features aimed at expanding its reach and improving user experience.
MetaMask has announced the rollout of perpetual futures trading and a new rewards program, marking a major expansion of its decentralized trading capabilities.
The creators of MetaMask haven’t ruled out launching a token—but if it happens, users can expect a transparent and scam-proof rollout.
MetaMask, one of the most widely used cryptocurrency wallets, is preparing to introduce its own U.S. dollar-backed stablecoin, according to a source with knowledge of the matter.
Managing crypto wallets has always carried one major hurdle - remembering that 12-word Secret Recovery Phrase (SRP). Forget it, and your assets were gone for good.
Ethereum co-founder and Consensys CEO Joseph Lubin has confirmed that MetaMask, the most widely used Ethereum wallet, will soon debut its native token.
MetaMask, the Ethereum-based wallet developed by Consensys, has officially introduced its own native stablecoin, MetaMask USD (mUSD), marking the company’s entry into digital dollar issuance.
In a recent announcement, Tokyo-based investment firm Metaplanet reported impressive gains from its Bitcoin acquisitions, achieving a remarkable 116% yield in October.
Metaplanet has significantly increased its Bitcoin holdings, cementing its position among the largest corporate BTC holders worldwide.
Metaplanet Inc., a Tokyo-listed company, has just added 780 more Bitcoin to its treasury. The purchase, announced on July 28, cost around ¥13.666 billion or $92.5 million, with an average price of $118,622 per BTC.
Metaplanet Inc., now recognized as Japan’s equivalent to MicroStrategy, has forged a key partnership with SBI Group, known for its involvement with Ripple Labs in the cryptocurrency sector.