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  1. BRUSSELS (Reuters) - Tech giants that break new EU rules aimed at curbing their powers could face fines, be ordered to change their practices or even be forced to break up their European businesses, the bloc’s digital chief Thierry Breton said on Wednesday. Breton’s comments come two weeks before he is due to present draft rules known as the Digital Services Act (DSA) and Digital Markets Act (DMA), which are likely to affect big U.S. players Google, Apple, Amazon, Facebook and Microsoft. The DSA will force tech companies to explain how their algorith
  2. PARIS/BERLIN (Reuters) - France and the Netherlands on Thursday called for a European Union authority to regulate large tech companies such as Google GOOGL.O and Facebook FB.O, whose dominance gives them effective internet gatekeeper status. The move increases pressure on Commissioner Margrethe Vestager, who is preparing a new Digital Services Act, to set tough rules for data-sharing and ensure that marketplaces are fair and open. The Franco-Dutch proposal, which calls for pre-emptive action to prevent power grabs by Big Tech, overshadowed a gathering of E
  3. Another day, another hearing of tech giants in Congress. Wednesday’s hearing at the Senate Commerce Committee with Apple, Amazon, Google and Twitter, alongside AT&T and Charter, marked the latest in a string of hearings in the past few months into all things tech: but mostly controversies embroiling the companies, from election meddling to transparency. This time, privacy was at the top of the agenda. The problem, lawmakers say, is that consumers have little of it. The hearing said that the U.S. was lagging behind Europe’s new GDPR priva
  4. Chancellor Phillip Hammond targets tax avoidance by large tech firms in the Budget. Technology giants will have to pay more tax in the UK under new regulations unveiled by the Government today. In his Budget statement this afternoon, Chancellor Phillip Hammond revealed a two percent "digital services tax" on large tech firms such as Amazon, Facebook and Google. From April 2020, large social media platforms, search engines and online marketplaces will pay a 2 percent tax on the revenues they earn which are linked to UK users. The tax f
  5. “Sorry” means nothing since so does “We’re deleting A true apology consists of a sincere acknowledgement of wrong-doing, a show of empathic remorse for why you wronged and the harm it caused, and a promise of restitution by improving ones actions to make things right. Without the follow-through, saying sorry isn’t an apology, it’s a hollow ploy for forgiveness. That’s the kind of “sorry” we’re getting from tech giants — an attempt to quell bad PR and placate the afflicted, often without the systemic change necessary to prevent repeated problems. Sometimes it
  6. Facebook's announcement that monthly users took off in Europe and Asia in the fourth quarter shows the company may not ultimately pay a substantial business cost commensurate with the public outcry over its privacy practices. The results could have bigger implications for other tech companies, including Amazon and Apple, which both have a stake in quantifying consumer privacy outrage in business terms. Facebook Chief Operating Officer Sheryl Sandberg speaks during an event on the sidelines of the World Economic Forum in Davos, Switzerland
  7. BRUSSELS (Reuters) - EU antitrust regulators are considering taking a tougher line against tech giants by forcing them to do more to ensure a level playing field, a senior European Commission official said on Tuesday, a move which could affect Facebook, Amazon, Apple and Google. The four U.S. tech companies are currently in EU competition enforcers’ crosshairs, with rivals complaining about being shut out of key markets. The Commission has traditionally ordered companies to halt anti-competitive practices. This may not be enough, especially in
  8. The governments of 137 countries have agreed to draft new rules for taxing multinational tech firms, a milestone that could eventually lead to heightened levies on the likes of Amazon.com Inc. and Google LLC. The news was announced today in Paris by Pascal Saint-Amans, the head of tax policy at the Organisation for Economic Cooperation and Development. The OECD hosted a summit this week in the French capital where tax officials from around the world met to discuss the development of an international tech levy. Under the roadmap that the 137 participating co
  9. The head of a key US regulatory agency called Tuesday for Silicon Valley firms to provide more transparency about how they operate, raising the possibility of tougher regulations for technology firms. Ajit Pai Chairman of the Federal Communications Commission (Screen Capture) “We need to seriously think about whether the time has come for these companies to abide by new transparency obligations,” Federal Communications Commission chairman Ajit Pai said in a blog post a day ahead of congressional hearings with executives from Twitter and Facebook.
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