One draft circulated to EU governments last year required U.S. tech giants to set up a joint venture with an EU-based company and store and process customer data in the bloc to qualify for the EU cybersecurity label.
Under the Digital Services Act (DSA), 20 very large online platforms, including TikTok, Meta, Google, Apple and two very large online search engines are required to pay the annual charge.
CISPE, whose members include Amazon and 26 small EU cloud providers, filed a complaint with the European Commission in late 2022 alleging that Microsoft s new contractual terms imposed on Oct. 1 were harming Europe s cloud computing ecosystem.
Smart Devices: Manufacturers will have to assess the cybersecurity risks of their products, provide declarations of conformity and take appropriate action to fix problems during the expected lifetime of the product or for a period of at least five years.
Meta Platforms: The ad-free service cost 9.99 euros ($10.90) monthly for Web users and 12.99 euros for iOS and Android users. Meta has said that a subscription model is a valid form of consent for an advertising-funded service and was in line with a July ruling from Europe s top court.