Hints and tips:
...Andreas Schwab, the MEP who led the discussions on the DMA, said: “It’s quite clear where we stand now: overall, different efforts and a few changes were made but they are not up to the challenge.”...
...“Companies looking to set up AI ventures in Europe will need to comply with our new AI rules,” said Dragoș Tudorache, an MEP who led the development of the legislation....
...Andreas Schwab, a German MEP who led the debate of the rules at the European parliament, agrees about the huge potential of the law....
...Markus Ferber, a German MEP, said: “Today’s ruling is a clear sign for fair competition in the digital realm. Competition rules also apply to the giants of the internet....
...Ansip, an MEP for the liberal Renew group, is vice-chair of the committee handling the main pieces of digital legislation....
...by rising interest rates (FT) MEPs to call for greater powers for Brussels to curb EU spyware use (FT) Deceptive fund name crackdown puts investment managers on edge (FT) Old boys club at Hong Kong banking...
...MEPs want at least 150 new people dedicated to enforcing the DMA while the commission anticipated only 80 in its original proposal....
...A series of letters seen by the Financial Times show how the White House has lobbied Andreas Schwab, a German MEP and key powerbroker, in efforts to dilute the effects on the business of large online platforms...
...Separately, Google is concerned about a proposed EU ban on targeted advertising being pushed by one bloc of MEPs, though the common position currently falls short of a full ban....
...Andreas Schwab, the MEP leading the debate on the Digital Markets Act at the European Parliament, said: “The decision of the court proves that the EU is on the right track....
...Some also cited concerns that MEPs were just looking to put on a “show” with the appearance of the famous chiefs....
...MEPs working on two landmark draft European digital regulations, the Digital Services Act (DSA) and the Digital Markets Act (DMA), told the FT the laws could be amended as they pass through the EU parliament...
...Margrethe Vestager, the EU’s executive vice-president in charge of competition and digital policy, on Tuesday argued to MEPs that structural separation of big tech is not “the right thing to do”....
...“Having in mind how Big Tech was used to sway elections and how Brexit happened, you may think this comes way too late and some MEPs will want to legislate as fast as possible....
...Sharon Bowles, the former MEP and a leading contender to chair the UK’s new accounting watchdog, said the figures indicated the Big Four — KPMG, EY, PwC and Deloitte — were “behind the times” and “failing...
...to a directory of MEPs....
...Andreas Schwab, a German MEP and longtime Google critic, is also unsure....
...EU governments and MEPs spent three years debating how to design new rules to protect rights holders in the digital economy without impinging on free expression....
...Most are at least partially state-owned, but others, including the Hungarian subsidiary of Robert Bosch LLC, are not....
...A majority of MEPs must now vote in favour of the directive for it to come into force. EU governments will also have to endorse the text....
...Voters across the EU will choose hundreds of new MEPs in May, and Brussels is concerned about online propaganda from populist and Eurosceptic forces and possible interference by Russia....
...Axel Voss, the centre-right German MEP in charge of agreeing a compromise on the copyright text, said lawmakers were being influenced by a campaign of “fake news” from lobbyists opposed to the changes “...
...The average holding period for a security on the New York Stock Exchange has fallen from two months in 2008 to just under 20 seconds today, according to analysis from Cumberland Advisors....
...DRW of Chicago, one of the world’s largest proprietary trading companies, has a subsidiary named Cumberland for buying and selling bitcoin....
...About a dozen of its more than 800 employees buy and sell bitcoin at a subsidiary named Cumberland Mining, which was established in 2014....
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