Dive into the tech & future
The European Union’s two biggest policy-making institutions have banned TikTok from staff phones for cybersecurity reasons, marking growing concerns about the Chinese short video-sharing app and its users’ data. TikTok, which is owned by Chinese firm ByteDance, is under scrutiny from governments and regulators because of concerns that China’s government could use its app to … Read more
The European Commission on Thursday launched a consultation on the future of Europe’s telecoms sector, starting a process that could lead to requiring Alphabet’s Google, Apple, Meta Platform and Netflix to pay some network costs. For more than two decades Deutsche Telekom, Orange, Telefonica, Telecom Italia and other operators have lobbied for leading technology companies … Read more
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union’s pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc’s executive has said. The global Basel Committee of banking regulators from the world’s main financial centres has set a January 2025 deadline for implementing capital requirements for … Read more
Adobe will need to secure European Union antitrust approval for its $20 billion (roughly Rs. 16,55,000 crore) bid for cloud-based designer platform Figma even though the deal falls short of the EU turnover threshold for a review, EU regulators said on Wednesday. The move by the European Commission underlines regulators’ worries on Big Tech acquiring … Read more
Elon Musk’s Twitter lagged behind Alphabet’s Google, Meta, Microsoft, and TikTok in the fight against disinformation in the last six months, the European Commission said on Thursday and urged Twitter to step up its efforts. The companies on Thursday presented progress reports on compliance with a beefed-up European Union (EU) code of practice on disinformation … Read more
Chinese social media company TikTok is likely to be subject to stricter EU online content rules because its number of active users exceed a threshold set out under the Digital Services Act (DSA), a senior executive at the company said on Wednesday. The landmark rules take a tougher line on very large online platforms, characterising … Read more
Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft’s $69 billion (about Rs. 5,62,647 crore) bid for Call of Duty maker Activision Blizzard, a person familiar with the matter said on Thursday. The meeting came as the EU competition watchdog prepares to warn Microsoft this week about the … Read more
Apple’s EU troubles seem to have come to India now. As considerations have been going around in the country’s policy-making circles for the past few months about a common charging tech for gadgets, things now seem to be heading to formalisation.In an effort to standardise charging ports for smartphones and wearable devices, the Indian government … Read more
Amazon reached a settlement with the European Union on Tuesday in two antitrust probes after addressing concerns over its use of sellers’ data, in a move that will save it from a fine of up to 10 percent of its global turnover. In the first case, Amazon faced charges of using its size, power and data … Read more
The European Commission on Monday said it has warned Facebook parent company Meta that it is breaching EU antitrust laws by distorting competition in markets for online classified advertising and abusing its dominant position. The Commission said in a preliminary view that it would further investigate and that it could impose a fine of up … Read more