Tue. 12/15 – Europe’s Big New Rules for Big Tech
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 15 December 2020
⏱️ 19 minutes
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| 0:00.0 | Welcome to the Tech Meme Right Home for Tuesday, December 15th, 2020. |
| 0:07.7 | I'm Brian McCullough. |
| 0:08.6 | Today, Europe's big new regulatory regime for Big Tech. More fallout from what looks like the biggest |
| 0:14.9 | hack our government has ever seen. The FTC asks basically everyone in tech how they get |
| 0:19.6 | their data, a Faraday fabric that can serve as an invisibility cloak for radio waves, an interesting |
| 0:25.3 | rays to make exoskeleton's and a review of the new all-electric Ford Mustang. |
| 0:31.2 | Here's what you missed today in the world of tech. |
| 0:42.0 | It's been telegraphed for months, years even, but the EU today announced its big new set of rules for big tech, its most ambitious proposed set of |
| 0:45.4 | internet laws since GDPR quoting the Wall Street Journal. The European Union's |
| 0:50.8 | Executive Armed Tuesday proposed two bills, one focused on illegal content, |
| 0:55.0 | the other on anti-competitive behavior that would empower regulators in some cases to levy |
| 0:59.5 | fines of up to six or ten percent of annual worldwide revenue or break up big tech companies in |
| 1:06.6 | order to stop certain competition abuses. The bills don't mention any specific |
| 1:11.2 | company but as drafted one or both would |
| 1:13.5 | likely apply to several large US tech companies including alphabet's Google |
| 1:17.0 | Amazon Apple and Facebook one of the EU's two proposed bills the |
| 1:21.7 | Digital Services Act would require large |
| 1:23.8 | tech platforms that reach more than 10% of the EU's population to actively look for and |
| 1:28.8 | mitigate risks from illegal content and goods available via their services. |
| 1:33.8 | It requires yearly external audits |
| 1:35.8 | and imposes new transparency requirements |
| 1:37.7 | toward users and regulators. |
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