Biden makes acquisitions harder for big tech
The United States is coming up with stricter guidelines for larger companies looking to make acquisitions. The new guidelines that have been presented seem to be aimed primarily at big tech, or Amazon, Facebook (Meta), Google (Alphabet) and Microsoft. This should give the FTC and the U.S. Departmen... Read more
Netherlands warns of European ‘internet tax’ for Big Tech
The Netherlands opposes the introduction of a European 'internet tax' for tech giants. This says Minister of Economic Affairs Micky Adriaansens in conversation with Reuters. According to her, this would unnecessarily drive up costs for consumers and violate net neutrality.
With her remark, the m... Read more
Telcos push EU to make big tech pay for network costs
Reuters reports that European telecom operators are pressuring the European Union to implement new laws that make big tech pay for network costs. According to the report, telcos want to the European Union to adopt laws similar to those currently in place in Australia.
In the past months, Europe... Read more
Digital Markets Act enters into force, European Union curbs big tech
The Digital Markets Act has entered into force. The new European rules restrict the power of the world's largest technology companies.
The Digital Markets Act took effect today. The European Commission drafted the law to tighten the reins on big tech. We explained the new rules in an earlier art... Read more
‘Dutch schools store large amounts of data in US clouds’
Colleges and universities in the Netherlands reportedly store a disproportionate amount of data in major US public cloud environments. Nearly all Dutch universities use at least one US cloud environment.
According to researchers from the Delft University of Technology, the University of Vienna a... Read more
Deutsche Telekom and Orange urge big tech to shoulder network costs
Deutsche Telekom, Orange, Telefonica and 13 other European telecommunications companies launched a bold drive for big tech to contribute to network expenses on Monday, referencing the energy crisis and EU climate change targets as justifications.
The appeal comes as the European Commission seeks... Read more
UK telco regulator announces probe into the cloud services market
Ofcom, the UK's national telecom regulator, announced a probe into the competition in the cloud services market, a segment dominated by hyperscalers like AWS, Microsoft Azure and Google Cloud.
Ofcom announced that it would investigate additional digital marketplaces within the next year, coverin... Read more
EU will consult on big tech contributions to telco networks in 2023
According to EU industry director Thierry Breton, the European Commission will start discussions on whether internet companies should shoulder part of the expenses of Europe's telecoms network early next year.
Europe's telecommunications providers have long advocated for financial contributions ... Read more
Smaller EU telcos warn that big tech network fees may hurt the market
Several smaller telecom operators said that EU regulators' plan to make big tech share the expenses of telecom networks may skew the market and undermine competition.
Large operators like Deutsche Telekom, Orange, and Telefonica have complained for years about big tech using their networks for... Read more
Investors expect disappointing figures from Microsoft, AWS and Google
Microsoft, Meta, Google, Apple and Amazon announce their quarterly results in the coming week. Investors expect bad news. Europe will feel the consequences.
The past six months were a black chapter for big tech. Meta lost $200 billion in market value due to a disappointing quarter in February 2... Read more