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European project Eurosky aims to reduce reliance on US tech giants - The Economic Times
Economic Times
·
1d ago
Medial
The Eurosky initiative, backed by four European governments, aims to create a decentralized moderation platform to reduce reliance on US tech giants like Meta's Facebook. Spurred by polling data showing strong European demand for local social media, Eurosky intends to offer a non-profit moderation service for social platforms. The project emphasizes digital sovereignty and addresses content moderation barriers. Recent shifts from US-based to European tech providers reflect concerns over digital control and sovereignty.
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Germany slams Donald Trump tariffs, US tech titans in crosshairs
Economic Times
·
3m ago
Medial
German Chancellor Olaf Scholz criticized new US tariffs as "fundamentally wrong," warning that the European Union might retaliate by targeting American tech giants. The tariffs, unveiled by President Trump, could harm global trade and economies. Economy Minister Robert Habeck mentioned potential EU tax measures against US tech firms. As Germany faces significant impact due to its major exports, business groups decried the tariffs as a threat to international trade and economic stability.
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OpenAI’s secret weapon against Nvidia dependence takes shape
Arstechnica
·
5m ago
Medial
OpenAI is developing its first custom AI chip to reduce dependency on Nvidia. Partnering with TSMC for production, the chip aims primarily at running AI models rather than training. Led by former Google chip designer Richard Ho, the $500 million project may start mass production in 2026. OpenAI joins tech giants like Microsoft, Amazon, and Google in creating proprietary chips to reduce costs and tackle shortages of Nvidia GPUs.
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Google App Store Monopoly: Did we miss building MSeva?
Money Control
·
1y ago
Medial
The article highlights the need for more choices in app stores in India. It discusses Google's dominance in the global app ecosystem and the recent removal and reinstatement of Indian apps from the Google Play Store. The article argues that the power of tech giants like Google raises concerns about monopoly control and the need for alternative platforms. It also mentions initiatives by companies like PhonePe to foster competition and create a localized mobile app store economy in India. The article emphasizes the importance of developing indigenous solutions to reduce reliance on global tech giants and promote digital self-reliance.
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Russia fines Google 15 million roubles for refusing to localise data storage
Economic Times
·
1y ago
Medial
Russia fined Google 15 million roubles for failing to localize data storage, as per The Economic Times. Russian law mandates tech companies to store user data on servers within the country. In another context, the Indian Income Tax Department is investigating Apple, Google, and Amazon's Indian units for potential tax non-payment, focusing on transfer pricing practices since 2021, seeking detailed explanations from the tech giants.
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EU lawmakers back law to boost domestic clean tech production
Economic Times
·
1y ago
Medial
The European Parliament has approved a new law aimed at bringing renewable energy and green technology production within the European Union (EU) borders to 40%. The Net Zero Industry Act will help the EU compete with the US and China in the clean technology sector. The EU is concerned about its reliance on China for manufacturing capacities in solar power, and the potential impact of the US Inflation Reduction Act on European producers. The law aims to streamline permitting processes and prioritize sustainability and resilience in public purchases of clean tech products. Achieving the target will be challenging for the solar sector, where EU manufacturers have a small market share.
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EU denies picking on US tech giants, says US also tackling monopolisation
Economic Times
·
4m ago
Medial
The European Union's new Digital Markets Act (DMA) is designed to keep digital markets open and is not specifically targeting US tech giants, according to EU officials. In a response to US congressmen's concerns, EU antitrust and tech leaders emphasized that the DMA applies to any company meeting specific criteria, regardless of headquarters' location. They reiterated the act’s goal of preventing unfair practices by gatekeepers, fostering innovation and competition, similar to US antitrust actions against dominant tech firms.
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Europe is looking for alternatives to US cloud providers
Arstechnica
·
3m ago
Medial
In reaction to concerns about privacy, data access, and a changing political landscape, Europe is exploring alternatives to US cloud providers. European organizations, citing fears of US tech companies being weaponized against their interests, are considering moving away from dominant providers like Google Cloud, Microsoft Azure, and AWS. Increased reliance on European cloud firms like Exoscale and Elastx reflects a desire for technological independence. However, shifting away from established services poses challenges due to infrastructure complexities.
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EU launches probes into Apple, Meta, Google under new digital competition law
Livemint
·
1y ago
Medial
The European Union has initiated investigations into Apple, Meta Platforms (formerly Facebook) and Google parent Alphabet under its new digital-competition law. This marks the first set of probes under the EU's Digital Markets Act, which aims to regulate large US tech companies. The investigations will focus on issues such as app developers' ability to communicate with users and promote offers, search result preferences, user control over software applications and default settings, and Meta's "pay or consent" plan. These investigations highlight the increased regulatory scrutiny faced by tech giants globally.
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OpenAI’s secret weapon against Nvidia dependence takes shape
Arstechnica
·
5m ago
Medial
OpenAI is developing its first custom AI processor to reduce reliance on Nvidia hardware. The chip, designed by former Google designer Richard Ho and a team of engineers, will be produced by TSMC. It's focused on running AI models rather than training them and is expected to begin mass production by 2026. This move aligns with similar efforts by other tech giants to develop AI chips, aiming to cut costs and mitigate hardware shortages.
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US pushes Vietnam to decouple from Chinese tech, sources say
Economic Times
·
1m ago
Medial
The United States is urging Vietnam to reduce reliance on Chinese technology in its manufacturing, especially for exports to the U.S. The aim is to decouple from Chinese high-tech, boosting Vietnam's industrial capacity. This follows discussions amidst threats of tariffs on Vietnam exports. Vietnam assembles products for major tech firms like Apple and Samsung, often using Chinese components. While Vietnam is willing, full restructuring faces challenges, needing time for development and potential economic impacts.
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