The more they complain
the more likely the law needs to get passed, enforced, & used to beat the megacorps into submission.
You've written the law, they've had their carrot, now it's time to use the stick. With Extreme Prejudice.
Sanctions for non-compliance with new EU powers could hit tech giants with fines of up to 10 percent of their worldwide turnover – that's around $21 billion in the case of dominant online retailer Amazon. The political bloc's legislator has set out agreed rules to tackle dominance of big tech firms deemed "gatekeepers" because …
Google said...Apple said....
Yeah, yeah, yeah, if the laws change then you have to change to suit. You do it in "repressive" markets so that you can keep clawing in the cash, so why whinge when your "more compliant" markets start to make some demands too? Suck it up or leave the market! :-)
I'm sure BigTech will find a "legitimate interest" to "work around" these rules... ... Korev
Of course it will, and that will naturally invent and create remote independent autonomous mirroring service satellite operations/sympathetic off-site business activities escaping regulatory thresholds.
To not imagine and accept BigTech is many steps and quite a few quantum leaps ahead of any competition or opposition is that which guarantees continuity and bypassing of serial regulatory failures.
But that’s progress. Get used to it.
Not sure big tech is that far ahead. Lots of amazon services are (well managed) rebranded OpenSource.
Google search has got to the point its only ads.
Many Big Tech services don't translate well to EU language and culture.
We hear all day on El Reg about Big Techs cloud outages that seem a lot like they would benefit from redundancy across providers.
When monopolies fail every one suffers, except the monopoly.
Big Tech Micro Kernel Cell[s] are virtually light years ahead in the Practical Application/Remote Anonymous and Autonomous Presentation of Augmented Virtual Reality Programs/Addictively Attractive Future Projects, which you might like to consider and realise are delivered fully phormed with assets and services from the future rather than invented and constructed with traditional and conventional tools and materials from the past and present.
And the prodigious stealth that either the widespread disbelief or zero common knowledge of such a matter provides, guarantees its relentless unhindered march into all hacked and cracked wide open SCADA Administration Systems in order to do its quantum communications leaping progress thing.
Is what is needed for humans, an almighty demonstration which destroy a previously thought indispensable and vital facility and/or utility .... replacing it with something altogether quite different and significant better/much more equitable and helpful ...... seeing as how extant systems leaderships are so averse and negatively reactive to terrifying changes ..... which are always leaps into a commonly unknown greater future.
But more of the same gets one nowhere and only invites and delivers petrication and stagnation .... Terminal Rot.
Lucky old members of the EEA.
It's what has been needed for years now and with the heft that the EU + Norway, Iceland, etc have, this might just bring these monster companies to heel.
Now more than ever I regret the act of self-harm the great British electorate inflicted on us when they decided to leave the EU.
What chance the UK will follow in the steps of the EU and introduce similar legislation? From what I can see, slight to none, and while our European counterparts benefit from this act we will continue to be subject to all the abuses and dirty tricks the likes of Google, Amazon, Apple and Microsoft can dream up just to fill their already obscenely well lined pockets.
Leaving the EU was always a stupid idea and this sort of thing just rubs salt into the wound.
I think you're flattering Boris & Co here. I'd bet the Tech Giants will look at half a grubby island off the continental coast and think "we're not making a special exception for them - they can have EU rules and save us the bother". They might be more interested if they think they can move their offices to England based but Middle Eastern owned "Free Ports" so they can foreign flag employees out of their rights though.
You have to look at these things in the round. The UK still gets to choose whether to adopt comparable legislation, but also got to avoid bailing out the EU's terrible COVID response.
It's a net benefit, and we still haven't had the massive job losses and house price collapse we were promised in 2016.
So, if I'm Amazon, I know that all these government and banking systems have long since moved all of their computing to the cloud. So, I just put up a bold and brazen warning; if you implement any measures that bother us in any way, we'll just turn off your cloud computing accounts. In 1 hour all of your governments and all of your banking systems will collapse. We will turn them on again only if you make us king and give us absolute autonomy. Long Live King Amazon!!!!
What's to prevent it?
This appears to have some strong rules, and even stronger penalties (although the devil is in the details so we should reserve judgement for a while). On the other hand, global megacorps have quite a lot of power of their own. It would be interesting to see what would happen if some of these decided they would not operate in Europe at all under these new terms.
Europe is a reasonably large, and very well off, market so they would be walking away from quite a lot of business. On the other hand, no local players have anything like enough global presence to be a serious threat to them.
I genuinely wonder what would happen if Facebook declared "we won't do business under these terms, so we are closing all our EU companies". In the short term there would be a lot of shouting - on both sides - but it is not at all clear who would win. FB would be walking away from a lot of business, and a lot of EU users would be very unhappy at losing the features of FB that they know and love (I have no FB account so I have no idea what those are, but a lot of people seem to find it useful). Possibly more importantly, there would be an opportunity for a local company to step in but I can't see anyone likely to offer anything like the same scope of services (can you imagine FB as run by Deutsche Telekom?).
I'd be more interested to see what the reaction would be if Apple decided to pull out of the EU market. No App Store and no more iPhone or iPads (the Mac side of the business is more open, so less of an issue). Alternatively, they could just just pull out the App Store (which wasn't a key factor in the initial iPhone take-up) and allow other stores onto EU registered handsets and tablets. An EULA that stated stated that users installed any software beyond iOS/iPadOS at their own risk would be needed of course, but whoever reads those.
I don't imagine Apple would want to lose the EU market but they might decide compliance adversely affects their overall business. The UK, since it is no longer part of the EU, would continue as now, though probably more likely to have data routed to US servers (for a while, anyway).
I think Big Tech know which side the bread is buttered. If you get so big that your finances approach the clout of small to medium countries, you're going to have to play by the trading rules in your neighbourhood. If you become a political problem it's not going to end well. Look at what is happening in Russia and China - they don't want that sort of attention. They can afford to bluster at more isolated economies, hence FB giving the finger to the UK parliament, but they aren't going to give up the business in the big blocks (US, EU). They will evolve to survive.
Don’t kid yourselves brownshirt commentards; this is all about the eu attempting to scrape as much taxes as they can to prop up their ridiculous kingdom of self gratification.
Quite how the youth of today are now cheering for government to have ever more control - I just don’t know.
Personally I hope the big bad corporations give the middle finger to these corrupt socialist bastards.
Some authorities in Europe insist that location data is not personal data as defined by the EU's General Data Protection Regulation.
EU privacy group NOYB (None of your business), set up by privacy warrior Max "Angry Austrian" Schrems, said on Tuesday it appealed a decision of the Spanish Data Protection Authority (AEPD) to support Virgin Telco's refusal to provide the location data it has stored about a customer.
In Spain, according to NOYB, the government still requires telcos to record the metadata of phone calls, text messages, and cell tower connections, despite Court of Justice (CJEU) decisions that prohibit data retention.
Having successfully appealed Europe's €1.06bn ($1.2bn) antitrust fine, Intel now wants €593m ($623.5m) in interest charges.
In January, after years of contesting the fine, the x86 chip giant finally overturned the penalty, and was told it didn't have to pay up after all. The US tech titan isn't stopping there, however, and now says it is effectively seeking damages for being screwed around by Brussels.
According to official documents [PDF] published on Monday, Intel has gone to the EU General Court for “payment of compensation and consequential interest for the damage sustained because of the European Commissions refusal to pay Intel default interest."
Tachyum, the outfit aiming to develop a "universal processor" for HPC and artificial intelligence workloads, has joined the European Technology Platform for High Performance Computing (ETP4HPC), a think-tank promoting European HPC research and innovation.
The Slovakian company put out an FPGA prototype last year, which we noted at the time is still a long way away from proving the company's bold claims.
The "Prodigy" chipmaker said it had been accepted as an associated SME member of ETP4HPC, an industry-led non-profit association set up to drive the economic and societal benefits of HPC for European science and industry. The organization counts Intel, HPE, Dell, Atos and Arm among its many members.
NSO Group told European lawmakers this week that "under 50" customers use its notorious Pegasus spyware, though these customers include "more than five" European Union member states.
The surveillance-ware maker's General Counsel Chaim Gelfand refused to answer specific questions about the company's customers during a European Parliament committee meeting on Thursday.
Instead, he frequently repeated the company line that NSO exclusively sells its spyware to government agencies — not private companies or individuals — and only "for the purpose of preventing and investigating terrorism and other serious crimes."
Lenovo has inked an agreement with Spain's Barcelona Supercomputing Center for research and development work in various areas of supercomputer technology.
The move will see Lenovo invest $7 million over three years into priority sectors in high-performance computing (HPC) for Spain and the EU.
The agreement was signed this week at the Barcelona Supercomputing Center-National Supercomputing Center (BSC-CNS), and will see Lenovo and the BSC-CNS try to advance the use of supercomputers in precision medicine, the design and development of open-source European chips, and developing more sustainable supercomputers and datacenters.
Meta, Twitter, Google, Microsoft and other tech companies and publishers have agreed to fight disinformation online in accordance with the European Commission's latest Code of Practice rules, which were published on Thursday.
The code [PDF] lists a broad set of commitments that signatories can choose to adhere to in the fight against digital fakery. Among the options are taking steps to demonetize disinformation; businesses should avoid placing ads next to fake news or profiting off the spread of false information online; and clearly labeling political advertisements.
Other concerns include making data from social media platforms more transparent and available for researchers and supporting the work of fact checkers. The EU updated these guidelines to tackle the rise of fake bots accounts and AI-generated deepfakes too. Signatories promise to outline their internal policies for dealing with manipulated content, and have to show their algorithms used for detecting and moderating deepfakes are trustworthy.
The European Commission's competition enforcer is being handed another defeat, with the EU General Court nullifying a $1.04 billion (€997 million) antitrust fine against Qualcomm.
The decision to reverse the fine is directed at the body's competition team, headed by Danish politico Margrethe Vestager, which the General Court said made "a number of procedural irregularities [which] affected Qualcomm's rights of defense and invalidate the Commission's analysis" of Qualcomm's conduct.
At issue in the original case was a series of payments Qualcomm made to Apple between 2011 and 2016, which the competition enforcer had claimed were made in order to guarantee the iPhone maker exclusively used Qualcomm chips.
Apple will have to redesign its phones to include a USB-C charging port in iPhones it sells into Europe by 2024 after an EU amendment made USB-C the common standard across a range of devices.
In a live press conference, the rapporteur on the issue, Maltese MP Alex Agius Saliba, said: "This is a rule which will apply to everyone. Now it's no more a Memorandum of Understanding and having all the leeway that [Apple] had during the past 10 years – basically to not abide by this MoU – which was abided by the majority of manufacturers. So yes, Apple has to abide."
Analysis The European Parliament this week voted to support what is effectively a ban on the sale of cars with combustion engines by 2035, and automakers are not happy.
MEPs backed a plenary vote on Wednesday for "zero-emission road mobility by 2035" – essentially meaning no more diesel and gasoline-fueled vehicles on the road.
The ambitious target means the automotive battery industry will have to service a much larger demand over the coming years, and electric carmakers stand to benefit hugely – that is, if they can source the requisite semiconductors and batteries.
Updated Arkady Volozh, CEO of Russia's biggest internet company Yandex, has resigned after being added to the European Union's list of individuals sanctioned as part of its response to the illegal invasion of Ukraine.
Yandex is an analogue of Google, having started as a search engine and then added numerous productivity, cloud, and social services. The company has since expanded into ride-sharing and e-commerce.
The European Union (EU) last Friday named Volozh and many others as part of its sixth round of sanctions against Russia.
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