The European Union said that it wants to work with the US on a common approach to govern tech and digital markets. Some of the proposed plans include the standardization of rules for technology applications like AI and ensuring that big tech is more responsible for their platforms. EU lawmakers ... Read more
3 years ago
The next US President, Joe Biden, does not intend to put an end to the trade war his predecessor started with China any time soon. This is contrary to what analysts expected. In an interview with the New York Times, Biden says that he has no intention of taking immediate action on the China poli... Read more
3 years ago
Amazon and Apple have not signed up to the new French initiative to get global tech giants to comply with principles that include the fair payment of taxes while publicly acknowledging that fact. Government officials confirmed this refusal on Monday. Emmanuel Macron, the French president, has be... Read more
3 years ago
The UK government plans to put in place a Digital Markets Unit (DMU) whose sole focus will be the regulation of online platforms. It might also have the power to block business moves by companies that show anti-competitive behavior. The unit will also be able to hand down fines to violators. The... Read more
3 years ago
The British government announced that British tech firms would not be allowed to install new Huawei 5G kits after September next year. The announcement is part of the plan to remove the Chinese firm's equipment from high-speed networks. Britain already ordered for all Huawei equipment to be remo... Read more
3 years ago
On a closed-access underground forum used by Russian hackers, a cybercriminal is selling passwords for email accounts belonging to hundreds of C-level execs in companies all over the world. The forum is named Exploit.in and was discovered just last week. The hacker is selling email, and password... Read more
3 years ago
Hackers suspected to be based from North Korea seem to be targeting employees of the British-Swiss pharmaceutical company AstraZeneca. The company is at an advanced stage in the development of a vaccine against Covid-19. The hackers are said to have approached employees of AstraZeneca via Linked... Read more
3 years ago
Beuc, the European consumer protection umbrella group, published a new report on the obstacles standing in the way of effective cross-border enforcement of the EU's flagship data protection plan. The report makes for awkward reading for lawmakers and regulators as they work towards a comprehensi... Read more
3 years ago
Tech giants who oppose the EU's new rules restricting their power can expect to face severe penalties. Large fines or even breaking them up are not out of the question. This was stated by the European Commissioner for Internal Market Thierry Breton. "We start with a fine, then you have a bigger ... Read more
3 years ago
IBM plans to cut 10,000 jobs from its European services unit to minimize costs before they spin off the division in 2021, according to Bloomberg report released today. The job cuts will affect about 20% of IBM staff in the region, with offices in the U.K. and Germany facing the biggest cuts. Office... Read more
3 years ago
