Germany's economic minister pushes for European X, end of Silicon Valley dominance
German Economic Minister and Deputy Prime Minister Robert Hebeck called on Europe to create its own version of the social media platform X, urging it to break away from Silicon Valley's domination on the continent. Habeck said that the world's wealthiest man, tech billionaire Elon Musk, was said to have been hypocritical for free speech […]
Germany's Scholz takes veiled swipe at Musk in New Year's address
German Chancellor Olaf Scholz offered a subtle criticism early Tuesday of the influence billionaire Elon Musk has had on President-elect Trump, saying the country's fate does not depend on the “owners of social media.” said. “It's not unreasonable to think that in our debates, the more extreme the opinion, the more attention it gets,” Scholz […]
Germany's Scholz slams UniCredit 'attack' on Commerzbank, stiffening opposition – Yahoo Finance
By Valentina Za, Tom Sims and Andreas Linke MILAN/FRANKFURT (Reuters) – German Chancellor Olaf Scholz has denounced UniCredit's move to take a 21 percent stake in rival Commerzbank to become its largest investor as an “unfriendly attack”, in a sign of growing hostility towards Italian banks. Anger from German authorities over UniCredit's use of derivatives […]