Large companies with significant digital revenues in the European Union such as Google and Facebook could face a three percent tax on their turnover under a draft proposal by the European Commission seen by Reuters.
News, Security
EU to force tech giants to hand over “terror” data
Technology companies could be ordered to release vital electronic data, such as emails and text messages, to law enforcement agencies in as little as six hours under proposed European Union law. 0 2123
Russian spies may have hacked Germany’s government systems
Germany are reportedly investigating a security breach into the country’s government computer network.
Qualcomm penalised for buying Apple’s loyalty
The US chipmaker Qualcomm was hit with a EUR 997 million ($1.2 billion) fine by European Union antitrust regulators for paying Apple to use only its chips, blocking out rivals such as Intel.
Why ME firms need to care about the new data protection law
Rashmi Knowles, field CTO, EMEA, RSA, discusses how the new EU General Data Protection Regulation will impact Middle East firms and how they can prepare for it.
LogRhythm helps safeguard personal data
LogRhythm has released its General Data Protection Regulation (GDPR) Compliance Module, a fully-integrated security solution for achieving and validating GDPR …
GDPR: Costly restriction or new business opportunity?
The Middle East’s lack of understanding of the upcoming EU regulation is likely to place businesses across a wide range of sectors including cloud services, banking and finance, healthcare, insurance and tourism at significant risk.
NiceHash says $64M hacking attack possibly made from non-EU IP
Slovenian cryptocurrency mining marketplace, NiceHash, has recently disclosed a $64 million bitcoin hack on its payment system. In a report published …
Apple to pay Ireland $15.4B in back taxes
Apple has reached an agreement with the European Union to pay $15.4 billion in back taxes it was ordered to …
Facebook speeds up removal of terror-related content with AI tech
According to Facebook, this is primarily done through the use of automated systems like photo and video matching and text-based machine learning.
UK Government announces $80M in tech initiatives ahead of Brexit
The country’s Prime Minister Theresa May recently announced that government will be doubling visas available for global talent in areas like digital technology and science to 2,000 to help retain an edge after Brexit.