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European groups urge fairness in EU cybersecurity label for Big Tech
Jun 17,2024
A proposed cybersecurity certification scheme (EUCS) for cloud services has raised concerns among 26 industry groups across Europe, who caution against potential discrimination towards major US tech firms like Amazon, Alphabet's Google, and Microsoft...
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Japan mandates access for third-party apps
Jun 13,2024
Japan has passed a new law requiring tech giants like Google and Apple to allow access to third-party smartphone apps and payment systems on their platforms, threatening substantial fines for non-compliance. Like the EU's Digital Markets Act, this le...
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India's EU-inspired antitrust law raises concerns among tech giants
Jun 11,2024
India's recent legislative push to implement antitrust laws like those in the EU has stirred significant concern among technology giants operating within the country, like Google, Meta, Apple and Amazon. That move, aimed at curbing the dominance of b...
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LinkedIn disables targeted ads tool to comply with EU regulations
Jun 10,2024
In a move to align with EU's technology regulations, LinkedIn, the professional networking platform owned by Microsoft, has disabled a tool that facilitated targeted advertising. The decision comes in adherence to the Digital Services Act (DSA), whic...
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New York files lawsuit over $1 billion crypto scams targeting immigrants
Jun 07,2024
New York Attorney General Letitia James has filed a lawsuit against NovaTech Ltd and AWS Mining Pty Ltd, accusing them of defrauding immigrant communities, particularly Haitians, out of over$1 billion. The suit alleges that these companies lured inve...
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EU banks' increasing reliance on US tech giants for AI raises concerns
Jun 07,2024
According to European banking executives, the rise of AI is increasing banks' reliance on major US tech firms, raising new risks for the financial industry. AI, already used in detecting fraud and money laundering, has gained significant attention fo...
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Italian regulator fines Meta over user data misuse
Jun 05,2024
Italy's antitrust regulator AGCM (Autorita' Garante della Concorrenza e del Mercato) has fined Meta, the owner of Facebook and Instagram, for unfair commercial practices. The authority imposed a fine of E3.5 million on Meta Platforms Ireland Ltd. and...
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CODE coalition advocates for open digital ecosystems to drive EU growth and innovation
Jun 05,2024
The Coalition for Open Digital Ecosystems (CODE), a collaborative industry initiative launched in late 2023 by tech giants like Meta, Google and Qualcomm, held its first public event in Brussels advocating for open digital ecosystems to stimulate gro...
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EU watchdog sets AI guidelines for banks
May 30,2024
The European Securities and Markets Authority (ESMA) has issued its first statement on AI, emphasising that banks and investment firms in the EU must uphold boardroom responsibility and legal obligations to safeguard customers when using AI. ESMA's g...
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Airlines, hotels, and retailers in EU worry about exclusion in Google's search alterations
May 27,2024
Lobbying groups representing airlines, hotels, and retailers in Europe are urging the EU tech regulators to ensure that Google considers their views, not just those of large intermediaries, when implementing changes to comply with landmark tech regul...
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CMA accepts Meta's updated UK privacy compliance proposals
May 27,2024
Meta Platforms has agreed to limit the use of certain data from advertisers on its Facebook Marketplace as part of an updated proposal accepted by the UK's Competition Market Authority (CMA). The request aims to prevent Meta from exploiting its adver...
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India government tightens import rules for unregistered IT and electronic goods
May 22,2024
The Indian government has reaffirmed its stance on regulating the import of information technology (IT) and electronic goods, emphasizing the need for mandatory registration with the Bureau of Indian Standards (BIS) and compliance with labelling requ...
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