US is expected to reveal a revamped Privacy Shield next week
Three sources familiar with the matter told POLITICO that the White House is set to issue its long-anticipated executive order on transatlantic data flows next week.
The new Privacy Shield is intended to address European complaints about US surveillance methods, and it may be signed and announc... Read more
EU launches satellite-based Quantum Key Distribution system
Twenty European countries are partnering with the European Space Agency to develop Eagle-1, a satellite that provides a Quantum Key Distribution (QKD) system to improve cybersecurity throughout Europe.
The increase in digitization has elevated the need for data privacy to prevent data breaches.... Read more
EU proposes supply chain emergency powers, leaves businesses worried
The European Commission proposed a new emergency tool to defend supply chains in moments of crisis. EU executive could be given additional powers, such as forcing essential commodities stockpiling and ordering corporations to prioritize particular orders.
According to the Commission, the new Sin... Read more
Amazon will have to do more to end antitrust inquiries, Vestager says
Although Amazon's plans to resolve two European Union antitrust inquiries "appear relevant" to relieve concerns, the bloc's antitrust commissioner believes they may have to be improved further.
The European Commission has begun to evaluate industry feedback on Amazon's proposal to address concer... Read more
EU suggests laws to curb security risks of internet-connected devices
Under proposed European Union guidelines unveiled on Thursday, all internet-connected devices -- ranging from computers to refrigerators to mobile applications -- would have to be reviewed for cybersecurity hazards.
Companies might face fines of up to €15 million or 2.5 percent of their total... Read more
European court sentences Google to pay €4.1 billion fine
Europe's second-highest court sentenced Google to pay a €4.1 billion fine. According to the court, the tech giant forced manufacturers to pre-install Google Search and the Play Store on mobile devices.
The fine is one of the highest antitrust fines in European Union history. The suit was file... Read more
Amazon’s proposal to end EU antitrust probe is ‘weak and vague’
Amazon wants to suspend some online selling and marketing methods to avoid potential EU antitrust fines, but a coalition of 11 non-governmental organizations (NGOs) called the proposal "weak, vague and full of loopholes".
The coalition includes LobbyControl, the Centre for Research on Multinatio... Read more
Qualcomm avoids billion-euro fine, antitrust saga ends
Qualcomm avoids an antitrust fine of nearly €1 billion. The fine was recently cancelled, but the European Commission had the opportunity to appeal. It's since become clear that the Commission will rest its case.
The European Commission charged Qualcomm in 2018. The chipmaker appealed and got ... Read more
Web-connected devices may have to comply with new EU security laws
According to a draft proposal obtained by Bloomberg, providers of internet-connected technology -- ranging from iPhones to baby monitors -- will be required to comply with new cybersecurity specifications in the European Union. Offendees risk getting fined and possibly having their products remove... Read more
‘European Council threatens the future of artificial intelligence’
The European Council wants to regulate the development of open-source artifical intelligence, but researchers warn of the plan's risks.
The European Commission introduced a bill to regulate artifical intelligence (AI) in 2021. Brussels wants to prevent AI from contributing to discrimination, pr... Read more