EU Internal Market Commissioner Thierry Breton and the bloc's executive Vice President Margrethe Vestager have outlined plans on how Europe's individuals, businesses and governing bodies could better handle data.
The aim, Breton told a Brussels press briefing Wednesday, was a series of directives to help make Europe the world's "No 1 data continent" alongside the supremacy of the US and China.
Read more at:
href="https://www.dw.com/en/europe-vows-to-tame-us-data-giants/a-55730324">Europe vows to tame US data giants | News | DW | 25.11.2020
Showing posts with label Tech Giants. Show all posts
Showing posts with label Tech Giants. Show all posts
10/29/20
Social Media: CEOs of Facebook, Google and Twitter grilled on content moderation in US Senate hearing
The leaders of Twitter, Google, and Facebook have faced strong criticism from US senators over content moderation in a high-profile hearing.
Read more at: CEOs of Facebook, Google and Twitter grilled on content moderation in US Senate hearing | Euronews
Read more at: CEOs of Facebook, Google and Twitter grilled on content moderation in US Senate hearing | Euronews
7/5/20
US Tech Giants: EU has U.S. tech giants in its legal crosshairs - by Valentina Pop
Big tech companies including Google parent Alphabet Inc., Amazon.com Inc. and Facebook Inc. face a swath of proposed European regulations aimed at curbing their alleged anticompetitive behavior, making them pay more taxes and compelling them to shoulder more responsibility for illegal content on their platforms, said a top European Union official.
Margrethe Vestager, the EU's digital-policy and antitrust czar, detailed for the first time a comprehensive plan of how she aims to rein in U.S. tech giants, using a package of initiatives that the EU has begun to outline individually in recent weeks. The aim is to clearly delineate new legal boundaries for tech companies, rather than just apply existing laws covering fields such as antitrust regulation.
"It's a full complex of things. It's not done with just one piece of legislation," Ms. Vestager said in an interview with a small group of reporters. Ms. Vestager -- who in her prior term as European competition commissioner levied record fines on Google and ordered Apple Inc. to pay Ireland $14.5 billion in allegedly unpaid taxes -- last year was promoted to vice president of the European Commission, the EU's executive arm, in charge of competition and new legislation for the digital sector.
"After the first mandate and the first specific competition cases, what I have seen very clearly is that we need rigorous competition-law enforcement, but we also need regulation," she said.
Tech companies have said that they want to work with the commission to craft the new laws, but several have raised concerns about elements of the proposals. Representatives for Google, Facebook, Apple and Amazon, asked about the commission's new approach, either didn't respond, declined to comment or referred to earlier replies on the individual EU proposals.
Read more at:
EU has U.S. tech giants in its legal crosshairs - MarketWatch
Margrethe Vestager, the EU's digital-policy and antitrust czar, detailed for the first time a comprehensive plan of how she aims to rein in U.S. tech giants, using a package of initiatives that the EU has begun to outline individually in recent weeks. The aim is to clearly delineate new legal boundaries for tech companies, rather than just apply existing laws covering fields such as antitrust regulation.
"It's a full complex of things. It's not done with just one piece of legislation," Ms. Vestager said in an interview with a small group of reporters. Ms. Vestager -- who in her prior term as European competition commissioner levied record fines on Google and ordered Apple Inc. to pay Ireland $14.5 billion in allegedly unpaid taxes -- last year was promoted to vice president of the European Commission, the EU's executive arm, in charge of competition and new legislation for the digital sector.
"After the first mandate and the first specific competition cases, what I have seen very clearly is that we need rigorous competition-law enforcement, but we also need regulation," she said.
Tech companies have said that they want to work with the commission to craft the new laws, but several have raised concerns about elements of the proposals. Representatives for Google, Facebook, Apple and Amazon, asked about the commission's new approach, either didn't respond, declined to comment or referred to earlier replies on the individual EU proposals.
Read more at:
EU has U.S. tech giants in its legal crosshairs - MarketWatch
12/8/19
EU-US Relations: Trump escalates fight over tax on tech giants - by Naomi Jagoda and Emily Birnbaum
The long-running fight between the U.S. and Europe over how to tax American tech giants is heating up.
The Trump administration on Monday proposed retaliating against France for a tax on digital services, floating $2.4 billion in tariffs, and Paris is vowing to hit back.
The dispute is raising pressure on international negotiators to develop a framework for taxing tech companies whose businesses span the globe. But as the complicated talks unfold, the U.S. is threatening to launch more investigations.
Read more at: Trump escalates fight over tax on tech giants | TheHill
The Trump administration on Monday proposed retaliating against France for a tax on digital services, floating $2.4 billion in tariffs, and Paris is vowing to hit back.
The dispute is raising pressure on international negotiators to develop a framework for taxing tech companies whose businesses span the globe. But as the complicated talks unfold, the U.S. is threatening to launch more investigations.
Read more at: Trump escalates fight over tax on tech giants | TheHill
7/18/19
Spain: Taxes on US Tech Giants
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4/6/19
France: French finance minister to tax digital giants including Facebook and Apple despite US protests
France dismisses US opposition to tax on tech giants French Finance Minister Bruno Le Maire said on Friday that France would stick to plans for a tax on digital giants such as Facebook and Apple, despite opposition from Washington.
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12/7/18
EU Parliamentary Elections: Europe dials up pressure on tech giants over election security
The European Union
has announced a package of measures intended to step up efforts and
pressure on tech giants to combat democracy-denting disinformation ahead
of the EU parliament elections next May.
The Commission says 67% of EU citizens are worried about their personal data being used for political targeting, and 80% want improved transparency around how much political parties spend to run campaigns on social media.
Note EU-Digest: Google, Facebook and Twitter will be required to give monthly updates to the EU on tackling fake news from Russia in the lead-up to the 2019 EU elections, European regulators said Wednesday.
Read more at: Europe dials up pressure on tech giants over election security | TechCrunch
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