EU plans massive industry subsidy fund to compete with the US
Two senior EU officials told POLITICO that the union is "in emergency mode". They confirmed that the bloc is preparing to offer massive subsidies to prevent European organizations from being overshadowed by US competitors.
It seems that the US has dealt their supposed EU allies a 'one-two punch... Read more
Elon Musk promises that Twitter will comply with European regulations
Elon Musk promised that Twitter will comply with European regulations for social media platforms under his leadership.
The acquisition of Twitter was recently completed for €44 billion. In recent weeks, Elon Musk suggested that freedom of expression is central to the platform's future. Europe... Read more
EU doesn’t just want to implement standards, but set them too
The European Union is taking a Eurocentric approach to standardizing technology. On Wednesday, the European Commission presented a plan to strengthen its influence in creating global tech standards. The sentiment is that the bloc is falling behind in global standardization organizations.
The org... Read more
Intel wants 8 billion euros from EU to build a European chip plant
Intel CEO, Pat Gelsinger, came to Europe last week to talk to European officials about building a European chip factory. Gelsingers wants to EU to pitch in for 8 billion euros in subsidies because of the higher costs compared to building a plant in Asia.
Intel wants 8 billion euros ($9.7 billion... Read more
Taiwan not a fan of chip production on EU soil
For the time being, there seem to be no plans for TSMC to carry out semiconductor production within the EU. Taiwan wants to keep this on its own soil as much as possible.
Wang Mei-hua, the Taiwanese Minister of Finance, has made it clear that she has little interest in the idea of Taiwanese semi... Read more
Concerns about excluding countries outside EU from quantum research
Various EU countries have expressed their concerns about the proposal to exclude all countries outside the EU from cooperation in research into quantum computers. Israel, Switzerland and Great Britain would no longer have access to the research.
Last Monday, the 27 countries in the EU would have... Read more
Europe investing billions in development of semiconductor market
A coalition of 13 countries within the EU has announced a push to catch up in the semiconductor market. The countries feel that the EU is too dependent on foreign technology.
The partnership consists of France, Germany, Belgium, Croatia, Estonia, Finland, Greece, Italy, Malta, the Netherlands, P... Read more
EU has a “hit list” of tech firms that will face tougher rules
The list is highly US-centric and is certain to include the likes of Google, Apple and Amazon.
The European Union is once more taking aim at Big Tech in their efforts to rein in the power of giant technology companies. On Monday, sources told the Financial Times that the latest battle will be ag... Read more
The EU’s new Digital Services Act takes aim at Big Tech
The EU continues to take the fight to the tech giants, deploying a new array of legal powers contained in the block's updated Digital Services Act.
Thierry Breton, the EU's bad boy of technology oversight, is at it again. As the EC's Commissioner of Internal Market, Breton is responsible for "th... Read more