EU competition chief to investigate multinationals’ tax deals
The European Union's competition chief, Margrethe Vestager, has announced that the bloc's regulators will likely launch investigations into tax deals between EU countries and multinationals.
This follows a review of the arrangements made in the previous decade. Vestager, who has previously order... Read more
Microsoft makes changes to EU data controller configurations
The company is aiming to keep in line with latest EU regulations on data handling and storage.
This week Microsoft announced that it is making changes to how diagnostic data from Windows devices is processed and controlled.
Currently, to enroll devices in the Windows diagnostic data processo... Read more
EU countries’ stance on artificial intelligence draws criticism
EU countries agreed on draft artificial intelligence (AI) regulations ahead of negotiations with EU parliamentarians to iron out the kinks. However, according to the European Consumer Organization (BEUC) and opposing lawmakers, the countries failed to address facial recognition concerns.
Last y... Read more
EU banks face stricter regulations on cloud computing usage
Financial firms in the European Union will have to demonstrate how quickly they can recover from a cyberattack as dependence increases on cloud giants like Amazon, Microsoft, Google, and IBM, the EU said on Monday.
Regulators are concerned about the extent to which banks, insurers, and financial... Read more
‘Amazon may settle EU antitrust probes by the end of the year’
After making concessions to address concerns over the use of seller data, US retail giant Amazon may be able to settle two EU antitrust probes by the end of the year, two people familiar with the matter told Reuters.
If it manages to conclude the probes, Amazon escapes a fine of up to 10 percent... Read more
EU will enable 5G on airplanes, including voice calls and text
The move aims to promote "innovation and growth", according to the European Commission.
The European Commission has decided that airlines will be able to provide the latest 5G technology on planes. In an announcement this week, Brussels confirmed that airline passengers will be able to use the s... Read more
MEPs warn that the EU is running out of money to fuel its chips race
Members of the European Parliament warned that the funding required to fuel Europe's chips race may limit research initiatives in other industries throughout the European Union.
The European Union is trying to raise the necessary public investment to compete with the world's leading chip make... Read more
EU to hit Meta’s Facebook with fresh antitrust charges
European Union antitrust investigators are set to deliver Meta's Facebook a slew of charges for anti-competitive practices on its marketplace platform, two people familiar with the matter told POLITICO.
The sources spoke on the condition of confidentiality due to the sensitive nature of the case... Read more
EU calls for a 40-person antitrust team to enforce the DMA
An official announced that EU antitrust authorities are aiming to form a 40-person team and employ technology experts to limit big tech's dominance.
The Digital Markets Act (DMA) provides a set of do's and don'ts for Google, Meta, Amazon, Apple, Microsoft and other gatekeepers who control access... Read more
EU scientists set new data transmission speed record
Researchers say their achievement can reduce the internet's climate footprint.
An international group of researchers from the Technical University of Denmark (DTU) and Chalmers University of Technology in Gothenburg claim to have achieved a data transmission speed of 1.8 petabits per second (Pbi... Read more