The United States and the European Union agreed Wednesday to carry on the work of 10 expert-level panels to explore and recommend solutions to a variety of trade disputes and challenges. During the first of two days of trade and technology talks in Pittsburgh, they instructed the working groups to continue deliberations on matters ranging […]
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As China sets the stage for its imperial influence on the market, representatives from Washington, and European Union (EU) will gather on Wednesday to address critical geopolitical, economic, and technological difficulties to fortify their alliance against Beijing’s determination of overtaking the digital market. As global forces suffer from a semiconductor shortage, the Trade and Technology […]
Google plays all its cards to prove its uprightness in anti-competitive behavior, debunking any allegations circulating its market sovereignty as it gets bombarded by the Australian Competition and Consumer Commission’s (ACCC) allegations, report finds. The ACCC’s results revealed that Google’s anti-competitive behavior in providing ad tech services reached its highest level yet as the search […]
The European Union’s top official outlined ambitious plans to help beef up the bloc’s chipmaking capability in the face of intensifying global competition for semiconductors. European Commission President Ursula von der Leyen unveiled the European Chips Act on Wednesday to provide official support for the bloc’s “chip ecosystem” so that the continent can stand on […]
Pharmaceutical company BioNTech said Monday that it wants to use the mRNA technology behind its coronavirus vaccine to target malaria. The Germany-based company, which developed the first widely approved coronavirus shot together with U.S. partner Pfizer, aims to begin clinical trials for a “safe and highly effective malaria vaccine” by the end of next year. […]
EU lawmakers at the European Parliament aims to navigate the debate on tough new rules targeting Facebook, Google, and other big tech companies to secure support to Europeans’ fundamental rights. In December of last year, the European Commission (EC) suggested the Digital Service Act (DSA) that will oblige Big Tech companies to go the extra […]
The EU agreed on Monday to put its digital tax plan on hold, after finance chiefs from the Group of 20 leading economies supported an overhaul of the rules for taxing international companies. “The European Commission has decided to put on hold our work on a proposal for a digital levy until October,” said European Commission spokesman Daniel Ferrie. The proposed tax plan targets tech giants aiming […]
The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche divisions avoided competing on technology to restrict pollution from gasoline and diesel passenger cars, the EU’s executive […]
Heads of the EU’s most prolific telecoms operators have taken to the Mobile World Congress on Monday to call for a complete regulatory overhaul of the continent’s network, as their statements labelled the current framework as “century-old.” Industry analysts have previously noted that the current framework in place will not be suited to handle the […]
Daniel Sánchez is one of the luckier electric car owners in Spain. With a free recharging station less than a kilometer from his home just north of Barcelona, he can keep his Tesla ready to roll. “I cannot imagine stopping at a gas station ever again,” the 41-year-old transport company owner said. “We feel like […]