Bluesky Pledges Compliance with EU Regulations Amid Increased Scrutiny
Bluesky, the innovative social media platform, has announced its commitment to comply with new European Union regulations following recent critiques concerning its adherence to the region's legal standards. This development comes as part of the EU's broader initiative to ensure that tech companies operate within a framework that prioritizes user safety and data protection.
Continue readingMeta Faces €798 Million Penalty from EU for Misuse of Classified Ads Market
In a significant legal development, the European Union has imposed a hefty fine of €798 million (approximately $846 million) on Meta Platforms Inc., attributing the decision to the company's abuse of its dominant position in the online classified advertisements space. This ruling, handed down by the European Commission, reflects an ongoing commitment by the EU to regulate and oversee major technology companies in their operations across Europe.
Continue readingApple Set to Encounter Landmark Fine as EU Enforces Digital Markets Act
In a groundbreaking move, the European Union (EU) is gearing up to impose its first financial penalty on Apple under the newly instituted Digital Markets Act (DMA). This legislative framework aims to foster fair competition and curb monopolistic practices among tech giants, putting pressure on companies like Apple to comply with stricter regulations regarding their operations in the EU market.
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