🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
One year in, EU turning up heat in big tech fight
Economic Times
·
11m ago
Medial
The European Union's aggressive pursuit of Big Tech continues in 2024 with the implementation of tough regulations and new legal powers. The Digital Services Act (DSA) and the Digital Markets Act (DMA) are the two laws driving these efforts. The EU has already achieved notable victories, such as forcing TikTok to remove an addictive feature and pressuring Apple to back down in a dispute with Epic Games. Companies like Apple and former Twitter (now called X) are facing scrutiny and potential fines for violating the DMA. The EU's actions signal that it is ready for a fight and aims to curtail competition investigations to a maximum of 12 months. However, legal battles and uncertainty remain as companies can challenge fines and decisions in EU courts.
View Source
Related News
AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairs
Economic Times
·
1y ago
Medial
The European Union (EU) may launch an antitrust investigation into Microsoft's collaboration with OpenAI due to concerns over exclusivity clauses, while Google's AI deal with Samsung is also under scrutiny. EU regulators are seeking additional perspectives to understand the potential negative impact on competitors. This highlights worldwide unease about tech giants leveraging their dominance in the AI sector. EU competition chief, Margrethe Vestager, has sent information requests to major tech companies regarding their AI partnerships. Microsoft's partnership with OpenAI will not be subject to EU merger rules, but concerns persist regarding Big Tech blocking smaller AI developers. Google's arrangement with Samsung is also being examined, as are acqui-hires, where one company acquires another primarily for talent.
View Source
Some of Silicon Valley's biggest names are wading into the battle for AI expertise
Business Insider
·
1y ago
Medial
The fight for AI talent among Big Tech companies is becoming increasingly intense. Investors and the rapid growth of AI products have created a high demand for advanced researchers and engineers, resulting in candidates being offered pay packages of up to $1 million. CEOs and founders, including Mark Zuckerberg, Sergey Brin, and Satya Nadella, are personally getting involved in recruitment efforts. However, retaining top AI talent is proving to be just as challenging as recruiting new talent. Startups are also struggling to compete against the resources and salaries offered by Big Tech companies.
View Source
EU antitrust chief Vestager to hold press conference, big tech likely in focus
Economic Times
·
1y ago
Medial
EU antitrust chief Margrethe Vestager and EU industry chief Thierry Breton will hold a joint press conference to announce investigations into potential breaches of the Digital Markets Act (DMA) by Big Tech companies.
View Source
EU lawmakers back rules forcing Big Tech to tackle child pornography
Economic Times
·
1y ago
Medial
EU lawmakers have backed new rules that will require big tech companies to take stronger measures in tackling child pornography on their platforms. The new regulations will give authorities the power to fine companies up to 4% of their global turnover if they fail to remove child pornography within an hour of being notified. This move aims to ramp up efforts in protecting children from exploitation online.
View Source
Google, Apple breakups on the agenda as regulators target tech
Thehindubusinessline
·
1y ago
Medial
Big Tech companies Apple and Google are facing increased scrutiny from antitrust regulators, with the possibility of break-up orders looming. The U.S. Department of Justice and 15 states have teamed up to sue Apple for monopolising the smartphone market, while the EU is expected to issue a final decision on Google's alleged anti-competitive practices by the end of the year. Regulators have argued that both companies have created impenetrable ecosystems that make it difficult for customers to switch to rival services. However, legal experts suggest that a break-up may be more difficult for Apple due to its highly integrated system.
View Source
Network fee on Big Tech not a viable solution to boost EU digital rollout, EU says - The Economic Times
Economic Times
·
10d ago
Medial
The European Commission believes imposing a network fee on Big Tech isn't viable for funding 5G and broadband rollout, despite pressure from major telecoms. Telecom companies like Deutsche Telekom and Orange argue Big Tech should share costs since they generate significant internet traffic. However, Big Tech resists, calling it an "internet tax." A forthcoming EU legislative proposal, the Digital Networks Act, aims to enhance digital infrastructure without network fees, taking a comprehensive approach.
View Source
EU antitrust chief Vestager to hold press conference, big tech likely in focus
Reuters
·
1y ago
Medial
EU antitrust chief Margrethe Vestager and EU industry chief Thierry Breton are set to hold a joint press conference to announce investigations into potential breaches of the Digital Markets Act (DMA) targeting Big Tech companies. The press conference will take place at 1000 GMT.
View Source
Apple fined $2 billion by EU for using App Store to thwart competition
Livemint
·
1y ago
Medial
The European Union (EU) has fined Apple nearly $2 billion for anti-competitive practices related to the App Store. The EU found that Apple prevented app developers from informing iOS users about alternative and cheaper music subscription services outside the app, violating antitrust rules. This resulted in higher prices for music streaming subscriptions. The fine comes after a complaint from Spotify several years ago. The EU has been actively targeting big tech companies, imposing fines on Google and investigating Apple's mobile payments service. The fine coincides with the implementation of new EU rules aimed at preventing tech companies from dominating digital markets.
View Source
Big Tech's acquihire deals face regulatory scrutiny, outgoing EU antitrust official says - The Economic Times
Economic Times
·
9d ago
Medial
The European Union is planning stricter regulations for Big Tech's "acquihire" deals, where tech giants hire talent from startups. These practices are seen as ways to bypass antitrust rules. Outgoing EU antitrust head Olivier Guersent encourages national agencies to investigate such deals. The EU is using call-in provisions for better scrutiny. Acquihires can be seen as mergers, impacting effective competition, prompting the EU to push national regulators for proactive measures.
View Source
Google to be hit with EU charges of breaching Big Tech rules, sources say
Economic Times
·
5m ago
Medial
Alphabet's Google faces EU charges over breaching Big Tech rules, as its search results changes failed to ease EU antitrust concerns. The European Commission's move follows tensions with the US, amid investigations into Google potentially favoring its services over rivals, violating the Digital Markets Act (DMA). Despite proposed changes by Google, EU regulators remain dissatisfied, with charges expected soon alongside ongoing probes into Apple and Meta.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
