Page 46 - Data Act News Today

This aims to curb the power of tech companies in the United States to help the EU to achieve its digital and green efforts.

German tech giants SAP and Siemens have joined their US counterparts in raising their voices against the proposed EU Data Act. The law, which aims to tackle the tech industry's monopolistic powers and support the EU's digital and green goals, includes a provision that demands companies to share their data with third parties.  However, the German tech giants fear that such an act could spill their trade secrets and shatter Europe's competitiveness.

German business software maker SAP and German engineering company Siemens have joined U.S. tech giants in criticising draft EU laws on the use of data generated by smart gadgets and other consumer... | May 8, 2023

Siemens and SAP CEOs say the proposed law, which is meant to boost data-sharing, would threaten trade secrets.

The blockchain industry is making a final push in preventing laws that would crush the smart contracts underpinning the DeFi protocols.

According to a Reuters report, German businesses including software developing firm SAP and engineering company Siemens have joined the long lost of U.S. tech giants who are criticizing the draft act that the EU has proposed.

Automation, not advice, the current path forward for artificial intelligence in the legal sector

Automation, not advice, the current path forward for artificial intelligence in the legal sector

Automation, not advice, the current path forward for artificial intelligence in the legal sector

Automation, not advice, the current path forward for artificial intelligence in the legal sector