EU-US data transfers will soon be legal, new Privacy Shield under way
The United States and European Union agree on a new framework for legal data transfers between the EU and US.
European Commission President Ursula von der Leyen announced that the European Union and United States reached an agreement for legal EU-US data transfers.
The new agreement will be i... Read more
EU says Trade and Tech alliance with US will have effect on China
In a statement highlighting concerns about China’s growing power, the EU’s trade and digital chiefs said the US-EU Trade and Technology (TTC) council will give Europe more leverage and set the standards and guidelines for the 21st century.
The comments came from Margrethe Vestager and Valdis... Read more
ASML CEO warns Europe not to ban export of technology to China
Peter Wennink, the CEO of the EU’s highest-valued tech company said that Europe should not block exports of high-end technology to China, because doing so will only speed up Beijing’s plans to become superior in tech.
The head of the Dutch chip printing giant ASML said that the EU should get... Read more
EU to strike out on its own on big tech tax?
If the EU and the Joe Biden administration fail to agree on a global framework for committing to a unilateral tax on big tech, EU leaders are prepared to affirm their commitment and go it alone.
Supposedly, all of this should happen by the middle of this year.
In a summit later this month, th... Read more