[BIG TECH]■ STORY TIMELINE

EU TO PROPOSE DIGITAL RULES ON ONLINE SPENDING TRAPS

The European Commission plans to introduce new digital regulations by year-end to protect consumers from deceptive online spending practices. EU Justice Commissioner Michael McGrath announced the initiative as part of broader efforts to strengthen social media safeguards.

2 SOURCESFIRST SEEN JUL 12, 04:45 AM► READ THE ARTICLE

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EU Justice Commissioner Michael McGrath says the EC is set to propose new digital rules by year-end aimed at protecting consumers from online spending traps (Laura Dubois/Financial Times)

Laura Dubois / Financial Times: EU Justice Commissioner Michael McGrath says the EC is set to propose new digital rules…

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AI drug design startup Chai Discovery raised $400M led by Index at a $3.8B valuation, as it positions its Chai models as AI infrastructure for pharmaceuticals (Michael J. de la Merced/New York Times)

Michael J. de la Merced / New York Times: AI drug design startup Chai Discovery raised $400M led by Index at a $3.8B val…

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