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Nike, Amazon & Ted Baker ads inadvertently appear on Covid misinformation sites

Nike, Amazon & Ted Baker ads inadvertently appear on Covid misinformation sites
thedrum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedrum.com Daily Mail and Mail on Sunday newspapers.

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Nike and Amazon among brands advertising on Covid conspiracy sites

Nike and Amazon among brands advertising on Covid conspiracy sites
theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.

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Europe Tries to Set the Global Narrative on Regulating Big Tech

The package of laws is the biggest shakeup in EU digital policy in decades and is part of a wider fight against the dominance of large U.S. tech companies like Google, Amazon, Facebook and Apple.
Failure to comply with the Digital Markets Act which targets the business models of digital platforms could result in fines as high as 10% of the companies annual global revenues, similar in scale to fines recently announced by the U.K. as part of new online safety rules.
Companies that repeatedly break the rules could even be forced to divest parts of their business. Global regulators have increasingly been pushing for powers to break up Big Tech. ....

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Big fines and strict rules unveiled against 'big tech' in Europe | Technology News,The Indian Express

But the region is no longer alone in its efforts to limit the power of Big Tech. In the United States, regulators sued Facebook last week for illegally squashing competition, and Google was hit with an antitrust lawsuit in October. In China, the government has begun to clamp down on local tech giants like Alibaba. Australia, India and Brazil are among others debating new regulations.
Governments are increasingly scrutinizing tech companies that have become critical infrastructure for billions of people and businesses to communicate, shop, learn about the world and be entertained. The result could be that the technology sector becomes more like banking, telecommunications and health care industries of such size and importance that they are subject to more government supervision. ....

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Tech Giants Face New Rules in Europe, Backed by Huge Fines

Provided by
Dow Jones
By Sam Schechner
European officials want new powers to oversee internal workings at large tech companies such as Facebook Inc., backed by threats of multibillion-dollar fines, in a bid to expand their role as global tech enforcers.
The European Union s executive arm Tuesday proposed two bills one focused on illegal content, the other on anticompetitive behavior that would empower regulators in some cases to levy fines of up to 6% or 10% of annual world-wide revenue, or break up big tech companies to stop certain competition abuses.
The bills don t mention any specific company but, as drafted, one or both would likely apply to several large U.S. tech companies including Alphabet Inc. s Google, Amazon.com Inc. Apple Inc. and Facebook. ....

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