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Big Tech: Germany wants Big Tech to pay towards compliance costs of new digital law

Germany wants Big Tech companies Alphabet, Amazon, Apple, ByteDance, Meta Platforms and Microsoft to contribute towards the compliance costs of new European Union rules aimed at curbing their power, a senior German economy ministry official said on Thursday. Sven Giegold, state secretary in charge of competition policy at Germany's economy ministry, said such a move would help EU antitrust regulators better enforce the Digital Markets Act (DMA) which the six companies have to comply with on March 7.Elevate Your Tech…

Microsoft’s stake in buzzy AI lab Mistral is raising eyebrows in the E

Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week here.In Microsoft’s Mistral stake, some EU regulators smell betrayalThe French unicorn AI lab Mistral said Monday that it’s sold a small share of the company to Microsoft for $16 million. Founded by Google DeepMind and Meta alumni, Mistral has billed itself as an open-source-friendly company, releasing its first two models via Hugging Face last year. But…

Amazon Just Got Banned From the EU Parliament

Amazon has become the second company ever to have its lobbyists banned from the European Parliament, amid accusations the company does not take the institution seriously.The ban, which means the 14 Amazon employees who had access to the European Parliament can no longer enter the building without an invitation, follows the company’s decision not to attend a January hearing about working conditions inside its fulfillment centers. In December, Amazon also rejected MEPs’ requests to tour its fulfillment centers, citing how…

Mistral AI: Microsoft’s Mistral AI deal should be further investigated, EU lawmaker says

Microsoft's deal with French tech startup Mistral AI should be further investigated, one of the lawmakers who oversaw the drafting of the European Union's landmark AI Act said.On Monday, Microsoft announced it would soon make Mistral's AI models available through its Azure cloud computing platform.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive Programme in…

EU investigating TikTok for possible breaches of digital rules

The European Union said Monday it is investigating whether TikTok has broken the bloc’s strict new digital rules for cleaning up social media and keeping internet users safe.The European Commission, the EU’s executive branch, said it has “opened formal proceedings to assess” whether TikTok has breached the Digital Services Act, which took effect last year.The DSA is a sweeping set of regulations designed to keep internet users safe online, including requirements to make it easier to flag harmful or illegal content like…

Apple Set to Face Near €500 Million EU Fine in Spotify Row

Apple Inc. will face a European Union fine close to €500 million ($539 million) over the regulator's investigation into allegations it silenced music-streaming rivals, including Spotify Technology SA, on its platforms. The penalty — Apple's first ever from the bloc — will be set after the EU watchdog found that it fell foul of competition rules in thwarting rival music services from informing users that cheaper alternatives existed outside of its App Store, according to people familiar with the matter.  Apple, when…

Women In AI: Eva Maydell, member of European Parliament and EU AI Act advisor

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more profiles here. Eva Maydell is a Bulgarian politician and a member of European Parliament. First elected to Parliament in 2014 at age 28, she was the youngest…

EU to fine Apple around 500 million euros over music streaming: report

The European Union is set to impose a fine in the range of 500 million euros ($539 million) on Apple for allegedly breaking EU law over access to its music streaming services, the Financial Times reported on Sunday. The European Union is set to impose a fine in the range of 500 million euros ($539 million) on Apple for allegedly breaking EU law over access to its music streaming services, the Financial Times reported on Sunday. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility!…

eu content law: All you need to know about the EU’s landmark digital content law

The EU's milestone legislation known as the Digital Services Act demands that digital companies crack down on illegal and problematic content.Since August the law has applied to very large platforms, with more than 45 million active monthly users in the European Union, and the world's biggest tech firms face major fines if they fall foul of it.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitMITMIT Technology…

Meta calls on the EU to step up the fight against spyware

Meta is ramping up pressure on European officials to crack down on the burgeoning commercial spyware industry, after the company announced it had disrupted a number of Italian and Spanish firms that were advertising their surveillance services in plain sight. These firms were, in some cases, targeting people inside Europe, Meta says—surreptitiously accessing their devices and collecting data from them in violation of the government’s data privacy laws.“EU data protection authorities have a unique opportunity here to…