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.
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.
Last year, the EU adopted the incredibly controversial Copyright Directive (it passed by only five votes, and afterwards 10 MEPs said they'd got confused and pushed the wrong buttons!): now, EU member states have to create rules that require online platforms to filter all user-generated content and block it if it matches a secret, unaccountable […]
Cum-ex (previously) is a technical, boring financial engineering technique that lets fraudsters file multiple tax-refund claims for the same stock transactions (they called it "dividend arbitrage"); from 2006-2011, the EU's largest, most respectable banks, law firms, and investors used the scam to steal $60,000,000,000.
If you remember your Norse mythology (or just watched Marvel’s Thor movies), you’re probably familiar with Heimdal, the god whose ever-watchful eye was entrusted with protecting the home of the gods in Asgard. Back on Earth, Heimdal Thor is also the name of a security package from Heimdal Security, that’s actually dedicated to much the […]
Everyone’s got their nose in a phone these days, and that doesn’t seem like it’s going to change anytime soon. With the increase in mobile device and e-commerce reliance comes increased need for developers who can build the apps we’re all so glued to. In fact, employment of devs is expected to grow up to […]
Whether you love cooking at home or you swore this was going to be the year you curbed your DoorDash addiction, you know you can’t get the job done well without the proper tools on hand. For all your recipe and meal prep needs, this 3-piece Sukasu Osami Chef’s Knife set will do you right […]