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TikTok given a month to respond to claims of EU consumer rights breaches

Chinese-owned short video-sharing app TikTok has been given a month to respond to multiple complaints from EU consumer groups that it allegedly violated the bloc's consumer laws and also allegedly fail to protect children from hidden advertising and inappropriate content.
Bruxelles Capitale Didier Reynders Foo Yun Chee Jason Neely Thomson Reuters Trust Principles European Union

EU bodies' use of Amazon, Microsoft cloud services faces privacy probes

3 Min Read BRUSSELS (Reuters) - The European Commission and European Parliamentโ€™s use of cloud computing services provided by Amazon and Microsoft has prompted two EU privacy investigations over concerns about the transfer of personal data to the United States. FILE PHOTO: A Microsoft logo is seen on an office building in New York City, U.S. on July 28, 2015. REUTERS/Mike Segar Data privacy came under scrutiny after revelations in 2013 by former U.S. intelligence contractor Edward Snowden of ...
United States Bruxelles Capitale Wojciech Wiewiorowski Barbara Lewis Foo Yun Chee Edward Snowden

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Nomura, UBS, UniCredit fined 371 million euros for bonds trading cartel

3 Min Read BRUSSELS (Reuters) -European Union antitrust regulators fined UBS, UniCredit and Nomura 371 million euros ($452 million) on Thursday in connection with a European government bond trading cartel. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman The penalties are the latest to punish the financial industry for alleged involvement in foreign exchange cartels, Euribor and Libor benchmark cartels, and bon...
United States Bruxelles Capitale Barbara Lewis Foo Yun Chee Margrethe Vestager Thomson Reuters Trust Principles

EU lawmaker wants stronger privacy rights in proposed EU tech rules

EU lawmaker wants stronger privacy rights in proposed EU tech rules Reuters 5 hrs ago By Foo Yun Chee BRUSSELS, May 19 (Reuters) - Proposed EU rules targeting Facebook, Google and other large online platforms should include privacy rights for users as well as their right to anonymity, a key EU lawmaker steering the debate at the European Parliament said on Wednesday. The Digital Services Act, announced by the European Commission in December last year, requires the tech giants to do more to ta...
Bruxelles Capitale Foo Yun Chee Patrick Breyer Steve Orlofsky Digital Services European Parliament
Source: msn.com

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