Here you will find all the articles with the tag: Europe.
According to a leaked draft of the artificial intelligence regulations envisioned by the European Union’s lawmakers, fines could reach up to 4%of global annual revenue (or €20 million if greater) for prohibited use-cases. The regulation is expected to be delivered this week. The plan to regu... Read more
3 years ago
Since the introduction of the GDPR, Ireland's Data Protection Commission has been swamped with work to enforce the regulations. However, due to the abundance of cases to investigate, privacy authorities are said to be too slow to act on violations. With many tech giants deciding to locate their ... Read more
3 years ago
An industrial study says that the economic boost from 5G will not be without up-front costs. Europe needs to pump 300 billion euros ($355 billion) into its telecoms infrastructure by 2025 if it wants to roll out super fast 5G across the 27-country bloc to boost economic growth and tap the potent... Read more
3 years ago
Sweden’s data protection (IMY) has fined the local police authority €250,000 (more than $300,000) for the unlawful use of Clearview AI, a controversial facial recognition software. The use of the software is in breach of the country’s Criminal Data Act. As part of the enforcement, the poli... Read more
3 years ago
Germany expects several European countries to pump EUR 50 billion into the chip industry within Europe over the next few years. This would be done on the basis of targeted aid. This is what Reuters writes based on a statement from Germany. A total of 17 countries within the EU, including Germany... Read more
3 years ago
As of Wednesday, 20 January 2021, Joe Biden is the new President of the United States. As Biden said in his inauguration speech, he has many problems to tackle. In this modern world, many of those problems are IT-related. What are the challenges facing Biden? The main issue facing Biden is the t... Read more
3 years ago
With China and the US increasingly excluding each other from trade, European companies are faced with the choice of taking sides or splitting up. American measures are increasingly blocking companies from trading with China. This is what the European Chamber of Commerce in China and MERICS, a th... Read more
3 years ago
The Korean electronics giant Samsung seems to be planning to jump into the gap in the market opened by the measures taken against Huawei. Getting the costs right appears to be a major challenge. Company executives have told Reuters that Samsung has been talking to Telefonica in Spain and Orange ... Read more
3 years ago
After recently receiving a $3 billion valuation, after a Series C round in October, MessageBird has made a move to acquire the London-based real-time web tech company, Pusher. The acquisition price is $35 million, with Pusher co-founder and CEO Max Williams and the small Pusher team of 25 people jo... Read more
3 years ago
The European Union said that it wants to work with the US on a common approach to govern tech and digital markets. Some of the proposed plans include the standardization of rules for technology applications like AI and ensuring that big tech is more responsible for their platforms. EU lawmakers ... Read more
3 years ago
