Government & Policy

EU’s outgoing antitrust chief regrets not moving faster & breaking Big Tech’s grip

Government & Policy /

The European Union’s outgoing competition chief, Margrethe Vestager, made a name for herself with headline-grabbing enforcements against Big Tech. But in a New York Times exit interview, as she approaches the end of her term, she sounds regretful at not having gone faster and harder against the likes of Apple and Google. She summarized her […]

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Apple ordered to open up in-app purchases in Brazil

Government & Policy /

Brazil’s antitrust regulator Cade has ruled that Apple must lift restrictions on in-app purchases within 20 days, Reuters reports. Otherwise, if the iPhone maker doesn’t comply, it faces fines of $43,000 per day. This decision is the result of a complaint filed by e-commerce merchant Mercado Libre in 2022. If you’ve been following recent changes

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Google to test plain ‘blue link’ results for hotel searches in EU markets in latest DMA twist

Government & Policy /

Google has announced it’s making more changes to how it displays search results in the European Union in response to continued complaints that it’s failing to comply with the bloc’s Digital Markets Act (DMA). This will include what it bills as a “short test” of plain “blue link” style search results for hotel queries in

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Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing

Government & Policy /

The U.S. Department of Commerce confirmed on Tuesday it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The funding will go toward manufacture and advanced packaging (techniques to assemble and integrate

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California will offer EV rebates if Trump kills federal tax credits

Government & Policy /

California is committed to zero-emission vehicles, even if the federal mood shifts.  The state’s governor Gavin Newsom, a Democrat, said Monday that if the incoming Trump administration cuts the $7,500 EV tax credit, he will propose rebates for eligible residents who buy electric vehicles.  “We’re not turning back on a clean transportation future – we’re

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UK seeks collaboration for security research lab to counter Russia and ‘new AI arms race’ 

Government & Policy /

The U.K. is seeking collaboration for a new AI security research lab that’s designed to counter Russia and other hostile states in what it dubs the “new AI arms race.” While the U.K. government has launched numerous funding initiatives in the past to support cybersecurity projects, the rise of AI-fueled nation-state attacks, specifically, is the

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South Korean prosecutors request 5-year jail sentence for Samsung chief Jay Lee

Government & Policy /

South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics Chief Jay Y. Lee at an appeals court on Monday. The appeals case comes 10 months after Lee and 13 former Samsung executives were originally acquitted of manipulating stock prices and committing accounting fraud in

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Meet three incoming EU lawmakers in charge of key tech policy areas

Government & Policy /

The European Union looks to have clinched political agreement on the team of 26 commissioners who will be implementing President Ursula von der Leyen’s policy plan for the next five years. A final vote is still pending next week, but on Thursday, Politico’s Brussels Playbook newsletter reported a deal in the European Parliament on the

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LinkedIn co-founder Reid Hoffman warns against Elon Musk’s ‘conflict of interest’ in setting AI policies

Government & Policy /

Reid Hoffman, co-founder at LinkedIn and Inflection AI, shared his expectations for the incoming Trump administration in an opinion piece for the Financial Times. And while he appears hopeful that President-Elect Donald Trump could clear the way for more competition and faster innovation in the technology industry, Hoffman also expressed concerns around Trump providing certain

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Apple’s mobile browser policies and Google pact are ‘holding back innovation,’ UK regulator says

Government & Policy /

An inquiry group setup by the U.K.’s antitrust authority has provisionally found that Apple’s policies are “holding back innovation in the browsers we use to access the web on mobile phones.” While the report focuses substantively on Apple, it also highlighted a revenue-sharing agreement with Google, noting that the duo “earn significant revenue” when Google

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