Commission

The European Commission is planning measures to attract 45 billion euros ($47 billion) in private funding for "deep-tech" start-ups, those based on significant scientific or engineering advances, an EU policy document seen by Reuters showed. The new Listings Act planned for later this year will also cut the cost of stock market flotations for the firms, the document, A New European Innovation Agenda, added. The proposals, which the EU executive is expected to announce at a press conference on innovation at 1330 GMT on…

Zestworld is a digital media platform that launched a few months ago with a combination of newsletters and NFTs and also $9 million in funding. And they have just announced a new feature: a digital commission tool. And it’s launching with an NFT with art by Amanda Conner featuring Serena Williams, and her daughter, Alexis Olympia Ohanian Jr, as superheroes. Williams is also the wife of Alex Ohanian, who is a Zestworld investor…and father of Alexis. Keep it all in the family! As for the tool, it enables “delivery of a…

The Chief Electoral Officer of Chandigarh chaired a meeting concerning Chandigarh Parliamentary Constituency on Friday regarding the latest amendments in election rules which are to be implemented from August 1, 2022.District Election Officer, Electoral Registration Officer and Assistant Electoral Registration Officers (AERO) were present in the meeting.An official release said that as part of amendments for use of Aadhaar for electoral registration purpose, Aadhaar will be collected from the registered electors of…

U.S. online retail giant Amazon has made it easier for users to cancel their subscriptions to its fast shipping club Prime with just two clicks, following complaints from consumer groups, the European Commission said on Friday. European Consumer Organisation (BEUC), the Norwegian Consumer Council and the Transatlantic Consumer Dialogue took their grievances to the EU executive in April last year. They said users had to go through numerous hurdles such as complicated navigation menus, skewed wording and confusing choices,…

Google was hit with an antitrust complaint after a Danish online job-search rival took its grievance to EU regulators, alleging the Alphabet unit had unfairly favoured its own job search service. The complaint could accelerate EU antitrust chief Margrethe Vestager's scrutiny of the service, Google for Jobs, three years after it first came under her microscope. Since then the EU has taken no specific action relating to the online job-search sector. The European Commission and Google did not immediately respond to requests…

India Post has invited applications for filling up 24 vacancies of Staff Car Driver. The pay for the post will be provided based on Level 2 in the Pay Matrix as per the 7th Pay Commission (7th CPC). Check eligibility criteria and other details here. India Post Recruitment 2022: India Post, Ministry of Communications Department of Posts has invited job applications for filling up 24 vacancies of Staff Car Driver (Ordinary Grade) (General Central Service, Gr-C,…

Meta CEO Mark Zuckerberg has announced that the company will "hold off on any revenue sharing on Facebook and Instagram until 2024," a year later than originally planned.Under this move, Instagram and Facebook will take a commission from offerings like fan subscriptions, paid events, badges and the company's newsletter platform and Substack competitor Bulletin, where creators currently get to keep the entirety of their revenue from those platforms.The executive also said Instagram and Facebook will expand its Reels bonus…

Meta CEO Mark Zuckerberg has said that the company will "hold off on any revenue sharing" until 2024, a one-year extension of his prior pledge to not charge a commission until 2023.According to a report, creators on Instagram and Facebook will have another year to make money from the apps without Meta taking a cut from their earnings.The move will cover monetisation features where creators directly charge their fans—paid online events, subscriptions, newsletters, and badges sold during livestreams.It does not apply to…

Creators on Instagram and Facebook will have to make money from the apps without Meta taking a cut from their earnings. Mark Zuckerberg announced Tuesday that Meta will "hold off on any revenue sharing" until 2024, a one-year extension of his prior pledge to not charge a commission . The move will cover monetization features where creators directly charge their fans: paid online events, subscriptions, newsletters and badges sold during livestreams. It doesn’t apply to Meta’s advertising-related revenue sharing features…

U.S. chipmaker Intel has filed a claim for 593 million euros ($624 million) in interest from the European Commission, five months after it convinced Europe's second-top court to scrap a 1.06-billion-euro EU antitrust fine, an EU filing showed on Monday. Europe's top court paved the way for such damage demands last year in a landmark ruling which ordered the EU executive to pay default interest on reimbursed fines in annulled antitrust cases. Judges said late payment of interest will itself incur interest as well. Intel in…