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EU targets Big Tech dependence with 'made-in-Europe' drive
EU targets Big Tech dependence with 'made-in-Europe' drive BRUSSELS, June 3 : The European Commission proposed new laws on Wednesday to boost domestic cloud, AI and semiconductor industries, aiming to cut reliance on U.S. Big Tech in a move that could ratchet up transatlantic tensions. The Cloud and AI Development Act and Chips Act 2.0 form part of Europe's push for technological sovereignty and its efforts to close the gap with U.S. and Chinese rivals.
Big tech firms must stop young people circulating nude images, says UK PM Starmer
Big tech firms must stop young people circulating nude images, says UK PM Starmer LONDON, June 8 : Big tech firms operating in Britain must stop children circulating nude images on their phones or they will face legislation forcing them to do so, Prime Minister Keir Starmer said on Monday. The announcement is Starmer's latest effort to protect children from the harmful impacts of technology.
Big Tech is through harming our children. This is our time to fight back
For years, America treated the internet like a free speech "Wild West," assuming the online world should operate with almost no guardrails. Because of this, our nation has operated under two dangerous assumptions about Big Tech: that platforms should be free to publish virtually anything without accountability, and that tech companies should be allowed to design their platforms however they want because "users can always leave. "Courts, parents and state legislatures are now rejecting both...
Commentary: If AI is addictive, who is responsible - big tech or users?
Commentary: If AI is addictive, who is responsible - big tech or users? There is a significant amount of data showing how heavy use of chatbots can lead to behaviour associated with addiction, says an academic. When I talk to my son, an engineering student, and we have a question or disagreement, he immediately turns to ChatGPT as his primary source of information and confirmation.
Exclusive-EU cloud rules to curb Big Tech's access to strategic tenders, draft document shows
Exclusive-EU cloud rules to curb Big Tech's access to strategic tenders, draft document shows BRUSSELS/AMSTERDAM, June 1 : The European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will unveil on Wednesday as part of...
Big Tech's AI ambitions pose a major power test for Europe
SoftBank's plan to invest 75 billion euros in building AI infrastructure in France underscored the nation's status as a leading hub, but Big Tech's lofty energy demands will put the wider continent's grid to the test, analysts say. Japan's SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region, including new sites in Dunkirk, Bosquel and Bouchain, by 2031. With over 60% of its power needs met by nuclear power, France is particularly...
This Big Tech investor’s warning for traders: Watch out for the SpaceX IPO
Brad Gerstner, CEO of tech investor Altimeter Capital, said retail investors are facing some potentially tricky times ahead with big tech IPOs.
Social media bans on teens risk strengthening Big Tech's grip on the sector, Bluesky exec warns
Government action to ban social media platforms risks strengthening Big Tech's grip on the industry further, limiting access for smaller players, an exec at BlueSky has warned. Rose Wang, Bluesky's chief operating officer, told CNBC on the sidelines of SXSW in London on Wednesday that the smaller open-source platform isn't opposed to regulation but that smaller players in the industry should be protected. "I support the protection and the safety of youth, the question that we have then is at...
Spencer Pratt rides Big Tech’s rightward wave as latest Silicon Valley titan opens wallet
Google co-founder Sergey Brin just became the latest high-profile member of the tech world to throw his financial support behind a Republican. Brin gave Los Angeles mayoral candidate Spencer Pratt a maximum donation of $1,800 on May 27, according to municipal campaign finance records. Other big names in tech making contributions to the mayoral hopeful include Palantir’s chief technology officer, SpaceX’s director of solar production, a communications executive at TikTok, the co-chairman and...
Spencer Pratt rides Big Tech’s rightward wave as latest Silicon Valley titan opens wallet
Google co-founder Sergey Brin just became the latest high-profile member of the tech world to throw his financial support behind a Republican. Brin gave Los Angeles mayoral candidate Spencer Pratt a maximum donation of $1,800 on May 27, according to municipal campaign finance records. Other big names in tech making contributions to the mayoral hopeful include Palantir’s chief technology officer, SpaceX’s director of solar production, a communications executive at TikTok, the co-chairman and...