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Transcripts For BBCNEWS World Business Report 20201215

Lets start with some big developments happening in brussels today, with tech firms bracing themselves for another round of european regulations as the eu unveils its Digital Services and Digital Markets acts. The European Union says the new legislation will overhaul the digital market, including how tech giants operate. It will focus on competition and making platforms responsible for hosted content. Its notjust the eu thats clamping down, here in the uk the government is bringing forward a new bill which could see tech giants fined up to 10 of their global turnover, if they fail to protect users or remove harmful content. And in the us, the federal trade commission has ordered nine tech companies, including amazon and facebook, to hand over information as part of a new review of consumer privacy. Last year, facebook paid 5 billion to resolve an ftc privacy inquiry triggered by concerns about Data Collection by political consultancy cambridge analytica. Were now joined from copenhagen

Croatian prime minister backs increased EU investment in research

Multiverse Computing Wins Future Unicorn Nomination

Multiverse Computing Wins Future Unicorn Nomination
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