A radical overhaul of how big technology companies are regulated has been announced by the president of the European Commission at Web Summit, which this year is a virtual event.
With the Brexit transition period set to end on 31 December, any remaining British registrants of .eu domain names are set to find their domains suspended as of 1 January unless they can transfer their contact details to an eligible registrant. Currently there are over 122,000 British registrants of .eu domain names.
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.
The European Union is laying out new standards for data giving Europeans more control over their personal information as it seeks to counter the power of U.S. and Chinese tech companies.
The EU’s efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday.
The European Union is set to propose new laws to rein in the power of big tech companies, including measures to ensure customers are protected, smaller rivals are treated fairly, and illegal content is dealt with, the bloc’s digital and antitrust chief said on Thursday.
It’s time to address monopoly capitalism and, in particular, monopoly data capitalism, which has been turbo-charged by Covid-19, forcing the world to live and work online. A Joe Biden presidency – increasingly likely – and an EU unhampered by British reluctance to do anything bold to reform or even tax a monopolistic private sector are set to make common cause. They will act in sync to attack the now bewildering monopoly power of the hi-tech giants by tackling its foundation – the simultaneous owning of pivotal digital platforms and the unbridled provision of the services on them.
For British .eu registrants, and there are currently around 135,000 of them, if they hadn’t realised they were about to lose their domain names as a result of Brexit, a notice sent to them by the .eu registry EURid last week may have jolted them into action to do something as they will no longer be eligible to hold their .eu domain name as of 1 January 2020.
This October marks the European Union’s 8th European Cybersecurity Month (ECSM), promoting online security among EU citizens. The annual cybersecurity awareness campaign is coordinated by the European Union Agency for Cybersecurity (ENISA) and the European Commission, and supported by the Member States and more than 300 partners from across industries.
Although the European Union already has a lot on its hands as it confronts a new wave of COVID-19 infections and seeks to position itself for a sustainable recovery, it must not ignore another crisis looming on the horizon. The bloc is rapidly and inexcusably falling behind China and America in the digital transition.