EU Consumer Crackdown: The European Commission fined Temu €200m under the Digital Services Act over unsafe and illegal products, including toxic toys and hazardous chargers, after a 19-month probe. EU Tech & Privacy: Reuters reports Meta’s new AI tool to track employee computer use is broader than first described and could trigger another EU privacy fight. EU Capital Markets Push: France, Germany, Italy, the Netherlands, Poland and Spain backed stronger, more centralized supervision, pushing ESMA to take on oversight of key market infrastructures. Hungary Funds Unlock: The EU agreed to release €16.4bn in frozen recovery and cohesion money after anti-corruption and rule-of-law reforms, including joining EPPO. Banking Cyber Pressure: The ECB urged major banks to patch AI-related cyber flaws far faster, warning attackers can turn fixes into working attacks in about 30 minutes. Britain Critical Infrastructure: Britain plans tougher penalties for reckless damage to subsea internet cables as Russian-linked threats rise. Data Centre Finance: AtlasEdge closed a €1.2bn financing package for European data centre expansion. Crypto/Markets Regulation: Paxos won SEC approval to clear U.S. stocks via blockchain, while Kalshi sued Minnesota over a prediction-market criminalization law. Semiconductors: EU drafts Chips Act 2.0 plans to boost demand for EU-made chips, including a proposed €30bn AI/advanced foundry.