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Tech Brew Ride Home

Tue. 12/15 – Europe’s Big New Rules for Big Tech

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 15 December 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

Europe’s big new regulatory regime for big tech. More fallout from what looks like the biggest hack our government has ever seen. The FTC asks basically everyone in tech how they get their data. A ‘faraday fabric’ that can serve as an invisibility cloak for radio waves. An interesting raise to make exoskeletons. And a review of the new all electric Ford Mustang. Sponsors: Grammarly.com/techmeme VistaPrint.com/techmeme Links: Tech Giants Face New Rules in Europe, Backed by Huge Fines (WSJ) FTC orders Amazon, Facebook and others to explain how they collect and use personal data (CNBC) U.S. Homeland Security, thousands of businesses scramble after suspected Russian hack (Reuters) Experimental "Faraday fabric" blocks almost all electromagnetic waves (New Atlas) German Bionic raises $20M led by Samsung for exoskeleton tech to supercharge human labor (TechCrunch) Ford’s New Mustang Mach-E Owes a Lot to Tesla (Debugger) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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