EXCLUSIVE: The European Commission is trying to work out who provides the cash when a rescued EU lender needs to regain market trust.
🔗 https://t.co/dzjOKngnTL
With the US government's ban on foreigners using certain applications of a private American company, the White House has confirmed Europe's worse fears.
Trump can shut down the European economy by blocking access to the American services we use every day.
https://t.co/mOTwRvDCiE
Another retaliatory threat from Beijing over the weekend.
Mofcom, Saturday: “If the EU insists on unilaterally introducing new trade instruments & imposing discriminatory restrictions, China will resolutely retaliate and take effective measures to safeguard its own interests"
Beijing has warned Brussels of "countermeasures" if the EU's Industrial Accelerator Act passes in its current form.
The irony: the law is explicitly designed to replicate for European companies what China spent decades demanding of foreign investors - technology transfers, local partnerships, jobs requirements.
Neither Beijing, Washington, nor anyone else gets a vote on how Europe defends its industries. Turns out industrial policy is only controversial when Europeans do it.
This may sound like a boring technical measure, but the German chancellor's supposed 'anti-bureaucracy' crusade would be an act of European geopolitical suicide.
This is about a simple choice. Either Europeans want to make single market laws at the confederal level where they are most effective, or they dismantle what's been accomplished by sending powers back to national capitals where they are least effective.
Merz wants to move the EU backwards, making it less powerful and less relevant in the world at a time when Europe can least afford it.
What's worse: even after Orban exposed the self-harm caused by the EU's existing veto system on matters of foreign policy, Chancellor Merz wants to introduce *new* national vetos on standard legislation through his proposed "oversight body". Not only is this blatantly unconstitutional under the EU treaties, it would be cursing this continent to suffer the same fate that befell the Polish-Lithuanian Commonwealth as a result of the Liberum Veto.
It is a tragedy that Europe is saddled with leaders like this at a time of such global peril.
https://t.co/PwlTSWIg19
This is huge. You thought Amazon was already heavily lobbying the EU? Wait until they are done with their current hiring spree. They are getting the nastiest ones...
Amazon Leo + @Apple
In parallel, we have also signed a long-term agreement with Apple for Amazon Leo to power satellite services for supported iPhone and Apple Watch models, allowing users to text emergency services, message friends and family, request roadside assistance, and more.
Robots that just learn by video!
New robotics breakthrough: “mimic-video” turns internet-scale pretrained video models into Video-Action Models that generate visual plans, then map them to robot actions.
Result: 10× sample efficiency and 2× faster convergence on real bimanual manipulation tasks: exactly what humanoids need to escape the data scarcity trap.
Project: https://t.co/kD8TRP5w2W arXiv: https://t.co/XA9PQFk1O6
Folks, I have war/Trump/chaos/AI/shitstorm fatigue and I stayed away for a little while. That said, I can tell you I still have appetite for juicy news heard in the lobbies. I will share some here soon. Keep the champagne cool!!
Sorry folks! I laughed so hard when I saw this one, I totally forgot to share my reaction 😅
Seriously @SpaceX! I am really not sure Davis Polk is the most reliable one these days, especially regarding confidentiality… #LawFirmOops
https://t.co/zkXhkAuIKo
EXCLUSIVE: The European Commission is preparing to exclude the European Parliament from a reform of the EU's chemical safety rules.
It would be a major win for the EU’s influential chemicals lobby.
https://t.co/tG77Grqfe0
BOOM: Spot on explainer here by my colleague Charles Cohen about the very complex debate over the EU's role in the Strait of Hormuz
https://t.co/7oLovrc0YC
Amid all the turmoil, Europe is increasingly seen as a safe haven for capital and governance stability.
But as usual, Europe’s political divisions restrain its ability to convert this attractiveness into strategic influence.
Told ya! The AgiBot ones are really interesting... "Privileged Corporate Documents: PDF and Word files potentially containing litigation strategies, merger and acquisition (M&A) drafts, and client contracts." #LawFirmOops#RobotLeaks
Well, well... Looks like the fine folks at Davis Polk left their digital vault door ajar. Hackers stumbled upon their treasure trove of "strictly private & confidential" docs on Chinese firms, including AgiBot #LawFirmOops#RobotLeaks 2/6