The Chhattisgarh

Tag: eu

  • EU tells Microsoft To Provide Information On GenAI Risks In Bing Search Else Face Fine |

    The regulator can also impose fines of up to 1 per cent of the provider’s total annual income or worldwide turnover for incorrect, incomplete, or misleading information in response to a request for information.

    |Last Updated: May 17, 2024, 06:30 PM IST|Source: IANS

  • Digital Markets Act: EU Starts Probe Into Apple, Meta, Google Under New Digital Law |

    New Delhi: The European Union (EU) has started an investigation into big tech giants Apple, Google parent Alphabet and Meta, in its first probe under the sweeping new Digital Markets Act (DMA) tech legislation. The EU has started the investigation after the potential breaches of the newly enacted anti-trust law. 

    The suite of probes announced are the first under the EU’s Digital Markets Act law, which took effect earlier this month. 

    The DMA has categorized six major tech firms — Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft — as gatekeepers, mandating their adherence to specific provisions to boost more competition in digital markets, including allowing third-party app stores.

    The European Commission announced five investigations into Apple, Google, and Meta’s compliance with the DMA, with completion expected within 12 months. (Also Read: iPhone 14, iPhone 14 Plus Get Price Cuts In India On Flipkart, Starting At Rs 56,999)

    Apple and Alphabet (Google’s parent company) will undergo EU scrutiny regarding how they enable app developers to shift consumers to third-party app stores without charges. Adding further, the European Union will also examine changes that Google made to how its search results appear in Europe. 

    Another investigation will focus on Apple’s adherence to rules facilitating the easy removal of apps and changes to default settings on iPhones, along with how the company presents choice screens for alternative search engines and browsers.

    Meta’s ‘pay or consent’ model, requiring users to pay for data protection and ad-free experiences on Facebook and Instagram, will also be examined.

    The EU’s recent law, effective this month, mandates major tech companies to follow numerous new rules, aiming to enhance competition from smaller entities in digital advertising, online search, and app ecosystems.

    Earlier, the Wall Street Journal reported on Wednesday that Apple, the tech giant, plans to add new fees and restrictions for third-party software downloads outside its App Store. (Also Read: Tesla CEO Elon Musk Thought That OpenAI Would Fail: OpenAI CE0 Sam Altman)

    This development follows the enforcement of the Digital Markets Act (DMA) by the European Union, aimed at targeting the market clout of big technology companies and making it easier for people to move between competing services. 

  • EU India Leaders Conference 2024: Advocate Harsh Patel Provides Insight for EU Companies Eyeing Indian Market | Internet & Social Media News

    Brussels: In the hallowed halls of the European Parliament, Advocate & CA Harsh Patel, the esteemed Founder and Global CEO of Water and Shark, delivered a seminar on penetrating the Indian market for European Union (EU) companies. His insights, shared at the EU India Leaders Conference 2024, unveiled the labyrinth of opportunities and challenges awaiting those eyeing India’s bustling economic landscape.

    Patel, a titan in international corporate law and taxation, illuminated the path forward for EU enterprises, highlighting the critical legal and regulatory considerations pivotal for a successful foray into India. Central to his discourse was the indispensable need for EU companies to acquaint themselves with the regulatory bedrock of India, notably the Department for Promotion of Industrial and Internal Trade (DPIT) and the Reserve Bank of India (RBI). These guardians of economic oversight wield considerable influence over investments and foreign exchange management, underscoring the imperative for stringent compliance by foreign entities seeking to navigate Indian shores.


    Furthermore, Patel underscored the paramount importance of conducting exhaustive market research and due diligence. He articulated the intricate dance between legal compliance and strategic business acumen, emphasizing the need for meticulous alignment of fiscal policies with local laws to circumvent potential pitfalls. Patel’s sage counsel reverberated with a clarion call for EU companies to tread cautiously, armed with a deep understanding of India’s regulatory framework, ensuring a seamless transition into the market.

    The burgeoning automotive sector emerged as a focal point in Patel’s narrative, with India poised as a beacon for green innovation. Initiatives such as the Production Linked Incentive (PLI) scheme and FAME phase-II beckon EU companies with promises of substantial subsidies, priming India as an alluring destination for sustainable technology ventures. Despite formidable challenges such as stringent emission standards and logistical intricacies, Patel’s optimism remained unshaken, buoyed by India’s competitive advantages including a skilled workforce, burgeoning infrastructure, and low labor costs.

  • Apple Allows Sideloading Apps On iPhone In Some Countries, Excluding India

    Apple is making crucial updates on iPhone and iPad software, allowing app sideloading in the EU due to the Digital Markets Act. Changes exclude India. 

  • Big blow to Twitter, Threads users cross 10 crores

    Microblogging site Twitter’s rival Threads has crossed the mark of 10 crore registered users in less than a week of its launch. In this app of Meta, which runs the social media site Facebook, users can also log in with the details of their Instagram account. It has been introduced as an alternative to services like Twitter. Last week, Threads had its international launch (except the European Union). The number of its users is continuously increasing. A major reason for this is Meta’s link with photo and video sharing service Instagram. Instagram has more than 2.35 billion monthly active users. Twitter is facing tough competition from Threads. Elon Musk, chief of American electric car maker Tesla, took over Twitter last year. Twitter has also accused Meta of stealing its trade secrets. Twitter has also warned of taking legal action against Meta. Semafor’s report quoted a letter sent by Twitter lawyer Alex Spiro to Meta CEO Mark Zuckerberg as saying, “Twitter intends to vigorously enforce its intellectual property rights and demands that Meta’s use of Twitter’s trade secrets or other confidential information should be stopped immediately.” Due to Threads being associated with Instagram, it can take advantage of the already existing large number of users and advertising system. This may result in a reduction in Twitter’s advertising revenue. After Musk’s control over Twitter, some big companies had stopped advertising on Twitter. Musk had said that the decrease in advertisements has had a big impact on Twitter’s revenue. Apart from this, Musk had made major changes in the company. They laid off about half the staff. After this, some journalists had to face strong opposition after their Twitter accounts were banned. Regarding this, the European Union (EU) had warned of imposing restrictions on Twitter. However, Musk later withdrew this decision.