Alphabet’s Google, Meta Platform’s Facebook, Amazon, and other large online platforms will have to do more to police content online or face heavy fines under new European Union rules. The Digital Services Act (DSA), which was agreed by the EU’s 27 member states over the weekend, seeks to protect online users, for example by banning advertising aimed at children or ads based on race, religion or political views. Tactics that trick people into giving away sensitive data will… Source link
Read More »Google and Facebook Targeted by Stricter European Union Rules
Alphabet’s Google, Meta Platform’s Facebook, Amazon, and other large online platforms will have to do more to police content online or face heavy fines under new European Union rules. The Digital Services Act (DSA), which was agreed by the EU’s 27 member states over the weekend, seeks to protect online users, for example by banning advertising aimed at children or ads based on race, religion or political views. Tactics that trick people into giving away sensitive data will… Source link
Read More »Google unveils a simpler way for European users to reject cookies
Google is making it easier to reject all cookies on search and YouTube in Europe. These changes will begin in France before expanding to the European Economic Area, the UK and Switzerland. Visitors who are signed out or in Incognito Mode will be presented with a choice to either reject or accept all cookies via buttons. A third option offers more options, allows users to customize their choices. What it looks like. Here’s a screenshot Google provided of the new look on YouTube. Why now?… Source link
Read More »European markets slump ahead of Federal Reserve minutes
Federal Reserve chairman Jerome Powell. European markets were muted on Wednesday as investors focus on the latest insights into the Fed’s policy tightening. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images European stocks were in the red on Wednesday as investors focus on fresh western sanctions against Russia over its invasion of Ukraine and the latest insights into the Federal Reserve’s policy tightening. The FTSE 100 (^FTSE) lost ground after closing higher the previous session,… Source link
Read More »European markets push higher ahead of Ukraine-Russia peace talks
European markets were in the green as the latest round of peace talks kick off in Turkey on Monday. Photo: Ty O’Neil/SOPA Images/LightRocket via Getty European markets started the week in the green as oil prices fell after parts of Shanghai entered lockdown and Ukraine and Russia start their latest round of peace negotiations on Monday in Turkey. The FTSE 100 (^FTSE) shot up 0.5% as investors watch out for a speech from Bank of England governor Andrew Bailey on Monday. UK chancellor Rishi… Source link
Read More »European stocks climb as Fed to raise rates for first time since 2018
European stocks rose as all eyes are firmly focused on the Federal Reserve meeting later today – the first in four years, where an interest rate hike is expected. Photo: Tom Williams/CQ-Roll Call, Inc via Getty European stocks pushed higher on Wednesday as investors awaited a widely anticipated decision by the US Federal Reserve on interest rate policy. In London, the FTSE 100 (^FTSE) rose 1.3% after opening, while the CAC (^FCHI) gained 2.1% in Paris, and the Frankfurt DAX (^GDAXI) was 2%… Source link
Read More »Google’s advertising tech targeted in European publishers’ complaint
Alphabet Inc’s Google made $147 billion in revenue from online ads in 2020, more than any other company in the world, with ads including search, YouTube and Gmail accounting for the bulk of its overall sales and profits. About 16% of its revenue came from the company’s display or network business, in which other media companies use Google technology to sell ads on their website and apps. The European Commission opened an investigation in June into whether Google favours its own online display… Source link
Read More »Google’s advertising tech targeted in European publishers’ complaint
BRUSSELS, Feb 11 (Reuters) – Google (GOOGL.O) on Friday was targeted in an antitrust complaint by the European Publishers Council over its digital advertising business, potentially strengthening EU antitrust chief Margrethe Vestager’s investigation into the issue. Alphabet Inc’s Google made $147 billion in revenue from online ads in 2020, more than any other company in the world, with ads including search, YouTube and Gmail accounting for the bulk of its overall sales and profits. read more
Read More »Google said it had successfully ‘slowed down’ European privacy rules, according to lawsuit.
WASHINGTON — Google said in an internal document that it had successfully “slowed down” European privacy rules in collaboration with other tech companies, according to a legal filing released on Friday. Ahead of a 2019 meeting with other major tech companies, Google said in a memo that it had “been successful in slowing down and delaying” the European Union’s ePrivacy Regulation process and had been “working behind the scenes hand in hand with the other companies,” according… Source link
Read More »European Futures Rise; Evergrande Hits Asia Stocks: Markets Wrap
(Bloomberg) — Asian stocks and U.S. equity futures started the week on the back foot, as investors weighed the prospects for growth against concern over inflationary pressures. Most Read from Bloomberg Japanese and Hong Kong shares dropped. Earlier gains vanished after trading of China Evergrande Group shares was suspended in Hong Kong, along with those of its property management unit. Mainland Chinese markets are closed through Thursday for the Golden Week holidays. Australian shares bucked… Source link
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