Margrethe Vestager (previously) is the EU competition commissioner who handed out a bouquet of multibillion-dollar fines to US-based Big Tech companies; she had resigned herself to being ousted after her previous term but in a last-minute surprise she has been granted another turn in office, with a new mandate to create a "Europe fit for the digital age." Vestager's heart is definitely in the right place, even if she has effectively taken forced breakups off the table, judging that the ensuing legal wrangle will do more harm than good, even if it might put Big Tech's execs on notice that bad behaviour has real consequences.
EU designates 750 billion-euro COVID-19 recovery fund to help member states mitigate economic crash READ THE REST
The European Union is expected to formally file charges against Amazon.com for harvesting data from third-party sellers, and using that information to compete against those sellers on the sales platform. READ THE REST
Post-Brexit, Google plans to move UK user accounts out of the control of European Union privacy regulators, and will place them under U.S. jurisdiction instead, where privacy protections are weaker, reports Joseph Menn at Reuters. READ THE REST
Up until the last few months, it would have been completely acceptable to shrug your shoulders and let your eyes glaze over if someone tried to explain a non-fungible token to you. But after decades of limited ownership over images, gifs, and virtually anything found on the web, the NFT process can now finally give… READ THE REST
We're always looking for something with that wow factor. That item with a little something extra that stops people in their tracks and demands attention. And trust us; when you see the equivalent of a solar eclipse burst through the wall of your living space, the allure of the Protean Color Changing Wall Light becomes crystal… READ THE REST
Marketing has changed. Old school advertising venues like print and broadcast are continuing to cede ground to the new kid on the block: digital marketing. And in case you need the proof, no less an authority than global investment firm Goldman Sachs can break it down for you. Analysts at Sachs found last year's pandemic… READ THE REST