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EU hits Google with €2.95 bn fine despite Trump threats
EU hits Google with €2.95 bn fine despite Trump threats
by  AFP

The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favouring its own advertising services Friday, despite President Donald Trump's warnings not to target US big tech. This behaviour is illegal under EU antitrust rules," EU competition chief Teresa Ribera said.

Tesla proposes package for Musk that could top $1 trillion
Tesla proposes package for Musk that could top $1 trillion
by  AFP

Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial CEO delivers on his vision for stratospheric growth from new technologies. Earlier this month, Tesla announced an "interim" compensation award worth about $29 billion for Musk, asserting the need to retain the controversial CEO at a moment of fierce competition for top talent.

Europe bets on supercomputer to catch up in AI race
Europe bets on supercomputer to catch up in AI race
by  AFP

Europe's fastest supercomputer Jupiter was inaugurated Friday in Germany with Chancellor Friedrich Merz saying it could help the continent catch up in the global artificial intelligence race. "We in Germany, and we in Europe, have every opportunity to catch up and then keep pace" with AI pioneers the United States and China, said Merz.

The massive debt behind France's political turmoil
The massive debt behind France's political turmoil
by  AFP

France's growing debt pile is at the heart of the confidence vote that could topple the government of Prime Minister Francois Bayrou next week. Bayrou called the vote to settle a fight over the budget as he seeks 44 billion euros ($51 billion) in savings to cut the debt.

China to impose temporary duties on EU pork over 'dumping'
China to impose temporary duties on EU pork over 'dumping'
by  AFP

China said Friday it would impose temporary anti-dumping duties on European Union pork imports, delivering another blow to shaky ties between the economic powerhouses. The investigation has "preliminarily determined that imports of relevant pork and pig by-products originating in the European Union are being dumped", a statement from China's commerce ministry said.