regulation
The European Union’s Digital Markets Act (DMA) should have been a game-changer in Europe's quest to tame the titans of cyberspace. However, now that the DMA has come into force, it looks set to stumble into the same pitfalls as past EU endeavours. Brussels has once again cast too wide a regulatory net, strangling competition and innovation and leaving consumers scratching their heads in frustration. The EU hopes cracking down on tech giants, the gatekeepers of our digital world, will open the floodgates to competition, innovation, and better deals for consumers. But history tells a different t...
Euronews (English)
San Francisco (AFP) - Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about books like those banned in schools in ultra-conservative parts of the United States. Now the online platform she relies on to support her family is poised to be banned in what entrepreneurs using TikTok condemn as an attack on their livelihoods. "It's so essential to small businesses and creators; it's my full-time job," the 23-year-old Chicago resident told AFP. "It makes me really worried that I live in a country that would pass bans like these instead of focusing on what's...
AFP
San Francisco (AFP) - Elon Musk on Friday came out against banning TikTok in the United States, even if it would mean less competition for his social media platform X, formerly Twitter, as the initiative sees fresh bipartisan momentum in Congress. The US House of Representatives is set to vote on Saturday on a bill that would force TikTok to divest from Chinese parent company ByteDance or face a nationwide ban. The measure, which has the vocal backing by many Democrats and Republicans, has also been written into a massive aid package for Ukraine, Israel and Taiwan, which could ease its passage...
AFP
An argument has been brewing for weeks between France and the UK over new post-Brexit fishing rules. Last month, the UK banned bottom trawling in part of its protected waters. The move is aimed at protecting vulnerable marine habitats as this fishing practice uses heavy nets dragged along the bottom that damage the seafloor. But French fishermen say it threatens their livelihoods and some who depend heavily on these waters claim they are being unfairly targeted. What is the basis of the bottom trawling dispute?The British government announced that the harmful practice was prohibited in certain...
Euronews (English)
San Francisco (AFP) - Google on Friday said it is testing removing links to California news sites for some users in the western US state as legislators mull making the online search giant pay for connecting people to news. The Silicon Valley tech firm is preparing for the possible passage of the California Journalism Preservation Act (CJPA) that would create a "link tax" for connecting users in the state to news articles, Google Global News Partnerships vice president Jaffer Zaidi said in a blog post. The CJPA was passed by the California Assembly in June of last year, and is currently being c...
AFP
National governments will receive a letter next week asking them to appoint their AI regulators, Roberto Viola, director general at the European Commission’s digital unit said today (3 April). Compliance with the AI Act – Europe's rules aimed at regulating AI according to a risk-based approach – will be under the oversight of national authorities in the member states, supported by the AI office, a unit within the Commission. Member states have 12 months to set up their national regulators, which will together make up the AI Board, a body whose aim is to harmonise the approach to the law across...
Euronews (English)
By Jonny Evans With WWDC 2024 now set, Apple continues to work on bringing itself more in line with US government demands. What we don’t know yet is the extent to which these changes will be restricted to the EU, or whether Apple intends to make them available worldwide in an attempt to quell regulatory zeal. That regulators want to diminish the Apple user experience to open up additional digital competition is not in doubt. What isn’t known is whether these decisions will make things better or worse in the long run. So, what else does Apple plan to do to bring itself into line with regulatory...
Computer World
Sam Bankman-Fried, the fallen ‘Crypto-King’, as he was once known, was sentenced to 25-years in prison for defrauding customers and investors of his now-bankrupt crypto exchange FTX. Thursday’s ruling shows how the legal system is trying to clamp down on crypto scams. But while the sentencing serves as a warning to the industry, it is uncertain if it will be a watershed moment that cleans up crypto. Bankman-Fried was cherished in the industry and went from having his face on the cover of Fortune magazine in September 2022, as head of the world’s biggest crypto exchange, to being sat in a court...
Euronews (English)
By Jonny Evans Perhaps seeking to grab the limelight from the Department of Justice’s ludicrously articulated antitrust suit against Apple, the European Commission this morning confirmed it will investigate the company, along with Google, Amazon, and Meta, for noncompliance with the Digital Markets Act. “The Commission suspects that the measures put in place by these gatekeepers fall short of effective compliance of their obligations under the DMA,” the statement says. In a statement today, Apple said: “We’re confident our plan complies with the DMA, and we’ll continue to constructively engage...
Computer World
Brussels (Belgium) (AFP) - The EU on Monday hit Apple, Google parent Alphabet and Meta with the first ever probes under a mammoth digital law, which could lead to big fines against the US giants. Among six firms named as market "gatekeepers" under the EU's landmark Digital Markets Act -- along with Amazon, TikTok owner ByteDance and Microsoft -- the companies have been obliged to comply with the new law since March 7. "We are not convinced that the solutions by Alphabet, Apple and Meta respect their obligations for a fairer and more open digital space for European citizens and businesses," sai...
AFP
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