Tag: big tech

Here you will find all the articles with the tag: big tech.

‘EU tech regulations unfairly target Silicon Valley’

‘EU tech regulations unfairly target Silicon Valley’

The EU’s efforts to curb Silicon Valley using new competition rules are becoming an irritant in the transatlantic relationship. The sentiment follows the two sides' commitment to deepen tech and trade ties. Senior officials from Washington and Brussels gathered in Pittsburg last month. The mee... Read more

date2 years ago
Investors look to Big Tech as stock market falters

Investors look to Big Tech as stock market falters

Tech stocks are feeling most of the pressure from a recent market selloff, highlighting how an extended downturn in the sector could impact the broader equity indexes. Monday saw a sharp drop which caused the S&P technology sector to go down 6.7% since the overall S&P 500 closed at a rec... Read more

date2 years ago
The UK’s Digital Markets Unit is here to watch big tech

The UK’s Digital Markets Unit is here to watch big tech

The UK plans to launch a regulator to make sure that big tech companies like Facebook and Google do not abuse their market power. As the dominant players, they have been known to have ambitions exceeding their already gargantuan empires. They participate in anti-competitive business practices an... Read more

date3 years ago
EU parliament bickering over initiative in fight against Big Tech

EU parliament bickering over initiative in fight against Big Tech

The European Parliament is wrestling internally with the question of which committee should take the lead in tackling big tech companies within the European Union. The legislative proposal for the regulation of digital platforms may be delayed as a result, according to the Financial Times. Accor... Read more

date3 years ago
EU wants to ally with the US on tech rules and climate change

EU wants to ally with the US on tech rules and climate change

Ursula von der Leyen, the European Union’s Chief Executive, said that Europe and the US should join forces in the fight against climate change and together, agree on and enforce a new framework for the digital market. The aim is to limit the powers held by big tech companies. The president ... Read more

date3 years ago

CEOs from big tech companies to testify about misinformation

CEOs Sundar Pichai, Mark Zuckerberg, and Jack Dorsey will have to answer to Congress about the explosion of misinformation on their platform. They will also be required to state how they plan to address the problem. The House Energy and Commerce Committee announced the hearing with Facebook, Twi... Read more

date3 years ago
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