Tag: EU

Here you will find all the articles with the tag: EU.

EU banks face stricter regulations on cloud computing usage

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

date1 year ago
‘Amazon may settle EU antitrust probes by the end of the year’

‘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

date1 year ago
EU will enable 5G on airplanes, including voice calls and text

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

date1 year ago
EU to hit Meta’s Facebook with fresh antitrust charges

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

date1 year ago
EU calls for a 40-person antitrust team to enforce the DMA

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

date1 year ago
EU scientists set new data transmission speed record

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

date1 year ago
Competitors urge EU to tighten reins on Google Shopping

Competitors urge EU to tighten reins on Google Shopping

European competitors of Google Shopping want the tech giant to adhere to stricter regulations. The competitor urged Eurocommissioner Margrethe Vestager to take action in a public letter. According to a coalition of more than 40 European providers of product comparison sites, European competitio... Read more

date2 years ago
Google may face EU antitrust charges over its adtech business

Google may face EU antitrust charges over its adtech business

Insiders told Reuters that Alphabet's Google may face EU antitrust proceedings over its digital advertising business in 2023, placing the tech giant at risk of its fourth EU punishment of more than a billion euros. Alphabet's largest revenue generator is Google's ad division, which produce... Read more

date2 years ago
Apple plans to raise EU App Store prices next month

Apple plans to raise EU App Store prices next month

Apple announced a price increase for software and in-app purchases on its App Store beginning next month. The change applies to the entire eurozone and several Asian and South American countries. The tech giant regularly changes its prices in different locations. Prices for eurozone countries d... Read more

date2 years ago
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