Technology News

Google Faces New EU Rules to Curb Illicit Content

Alphabet’s unit Google and other major technology companies face new online rules set by the European Union. The latest order will force tech companies to take greater responsibility for the content that appears on their platforms.

On Saturday, EU countries and lawmakers agreed to approve the Digital Services Act (DSA). This legislation will require online sites to tackle illegal content or risk hefty fines.

Specifically, it will ban targeted advertising aimed at children or based on sensitive data such as religion and political opinions. It is the second prong of the region’s antitrust chief Margrethe Vestager’s strategy to rein in Google, Meta, and other US tech giants.

Accordingly, new obligations include removing illegal content and goods more quickly. In addition, firms needed to explain how their algorithms work to users and researchers.

Moreover, internet firms must take stricter action on the spread of misinformation. Then, firms’ non-compliance will lead to fines of up to six percent of their annual turnover.

Initially, European lawmakers clinched a deal on landmark rules to curb the powers of Google and other big tech companies. They prohibit the business from favoring their own services over rivals’ or preventing users from removing pre-installed software or apps.

The act will apply to companies with a market capitalization of $80.50 billion. It will also cover platforms with $8.05 billion annual turnover and at least 45.00 million monthly users.

Related Post

Meanwhile, Apple, which has lobbied intensively against the DMA, reiterated its worries. It stated that the act would create unnecessary privacy and security vulnerabilities for its users.

The iPhone maker also emphasized that the new rules prohibit the firm from charging for intellectual property.

Similarly, Google, which also cranked up its lobbying last year, echoed the same sentiments.

Google Updates Cookie Consent Banner

Last week, Google unveiled a new cookie consent popup on YouTube in France. The updated design comes after a French data watchdog fined the firm $163.00 million for breaching the country’s law.

According to authorities, the firm failed to comply with the current regulation on presenting tracking choices to users.

In line with this, the platform changed the choices at the bottom of the screen, offering three buttons. The two main toggles retain the same color, size, and shape. A new Deny All button lets you opt out of tracking altogether with a single click.

This update also observes EU legislation that requires online services to obtain explicit consent from their users before processing data. In particular, permission must be specific and freely given.

User Review
0 (0 votes)

Recent Posts

  • Stock News

Nio Stock Dips Amid Onvo Launch to Rival Tesla’s Model Y

On Wednesday, Nio stock declined after it entered fierce market competition with the debut of…

20 hours ago
  • Broker News

Robinhood Dominates Meme Stock Trading: $5B Daily Volume

Robinhood has again become central in another meme stock surge. CEO Vlad Tenev shared that…

20 hours ago
  • Technology News

Nio Unveils Its First Onvo EV in Direct Challenge to Model Y

On Wednesday, Nio introduced the first offering of its new low-priced Onvo brand, the L60…

21 hours ago
  • Commodity News

Cocoa Price Recovery Boosted by Lacking Liquidity

On Wednesday, cocoa prices spiked due to a lack of liquidity, with open interest in…

21 hours ago
  • Stock News

Boeing Stock Dips Amid Deal Breach on 737 MAX Accident

On Tuesday, the US Department of Justice (DOJ) revealed that Boeing had violated its obligations…

2 days ago
  • Commodity News

Wheat Prices Rally Amid Weather Developments

On Wednesday, wheat futures spiked as the winter season’s grains entered their late growth stages…

2 days ago

This website uses cookies.