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Elon Musk’s Unmatched Power in the Stars The tech billionaire has become the dominant power in satellite internet technology. Today, more than 4,500 Starlink satellites are in the skies, accounting for more than 50 percent of all active satellites. 53% of active satellites are Starlink.” The Starlink satellites are highlighted and are all operating in low-Earth orbit. How Starlink customers connect to the internet Starlink satellites orbit at much lower altitudes than traditional satellite internet services. “Everywhere on earth will have high bandwidth, low latency internet,” Mr. Musk predicted on the Joe Rogan podcast in 2020.

Persons: Elon Musk’s, Mark, Valeriy Zaluzhnyi, Elon Musk, Zaluzhnyi, General Zaluzhnyi, Musk, Musk’s, ”, Starlink’s, ” Mykhailo Fedorov, Mr, Biden, ” Dmitri Alperovitch, Sir Martin Sweeting, Sweeting, Mike Blake, Patrick Seitzer, Rafael Schmall, Joe Rogan, Jeff Bezos, Starlink, Russia —, Fedorov, —, Clodagh Kilcoyne, Nancy Pelosi, Colin H, Kahl, Lynsey Addario, messaged Mr, Lloyd Austin, Gregory C, Allen, we’ve, Mykhailo Podolyak, Volodymyr Zelensky, Jason Hsu, Hsu, “ Elon, Michael McCaul of, Tsai Ing, Tsai, Audrey Tang, Mariana Suarez, Thierry Breton, SpaceX, Chérif El, Amazon Organizations: Joint Chiefs of Staff, Ukraine’s Armed Forces, SpaceX, Tesla, Twitter, Mr, U.S . Defense Department, NASA, Senior Pentagon, The Defense Department, Starlink, European Union, Silverado, Accelerator, Surrey Satellite Technology, Reuters, Airbus, Earth, Getty, Satellite, University of Michigan, National Science Foundation, Rivals, Amazon, Origin, Viasat, Pentagon, CNN, The New York Times, U.S, Defense Department, Center for Strategic, International Studies, Elon, Harvard Kennedy School, Republican, House Foreign Affairs, OneWeb, Agence France, European, United Nations Locations: Ukraine, United States, Iran, Turkey, Japan, Starlink, Crimea, Russian, Starlinks, Europe, Taiwan, China, Beijing, British, Colorado, Cape Canaveral, Fla, —, California, Florida, Latin America, Africa, Nigeria, Mozambique, Rwanda, Ukrainian, Russia, Kreminna, Aspen, Colo, Kherson's, Kherson, Dnipro, Shanghai, Taipei, Michael McCaul of Texas, del, Uruguay, European Union

Delivering affordable electric vehicles (EVs) has become a priority for car makers worldwide as the shift to cleaner driving has come with high prices, due largely to battery costs. In 2022, Chinese car makers had a 9% share of Europe's EV market, nearly double the previous year's figure, according to forecasts by consultancy Inovev. Tavares said Western car makers needed to use "the same weapons" as their Chinese rivals, sourcing parts in lower cost countries and striking partnerships with battery suppliers that offer the best combination of energy, cost and weight. Once-dominant Western automakers are also striving to regain ground in China itself, the world's largest car market, after losing share to local manufacturers. Mercedes-Benz (MBGn.DE) said on Thursday it was sticking to its strategy and would not engage in a price war to "buy" market share in China.

Persons: France's, Thierry Pieton, Luca de Meo, Tesla, Carlos Tavares, Tavares, Mercedes, Ola Kaellenius, Kaellenius, Victoria Waldersee, Silvia Aloisi, Mark Potter Organizations: Western, France's Renault, Finance, Renault, SAIC, Inovev, Jato, Tesla, Peugeot, Fiat, Benz, Mercedes, Thomson Locations: Europe, U.S, Western, China, Berlin

☆ TikTok ‘stress test’ shows it’s not ‘fully ready’ for looming EU social media rules, commissioner says
▼ + stars: | 2023-07-19 | by ( Brian Fung | ) edition.cnn.com time to read: +1 min

Washington CNN —TikTok has “more work” to do to meet tough new European standards that are coming for social media and content moderation, according to a top EU official who performed a “stress test” of the company this week. “TikTok is dedicating significant resources to compliance,” Breton said, pointing to changes TikTok has made to its recommendation algorithms and its transparency procedures as evidence the company appears to be taking its obligations seriously. TikTok didn’t immediately respond to a request for comment on the test results. TikTok isn’t the only large tech platform to submit to an EU stress test. Last month, European officials evaluated Twitter’s platform for DSA compliance and also announced plans to stress test Facebook-parent Meta’s services.

Persons: Washington CNN — TikTok, Thierry Breton, Breton, Shou Chew, “, ” Breton, TikTok, didn’t Organizations: Washington CNN, EU, Digital Services, European Commission, DSA Locations: Dublin

☆ TikTok to perform 'stress test' ahead of EU Digital Services Act
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

BRUSSELS, July 18 (Reuters) - Chinese-owned social media platform TikTok has voluntarily agreed to a "stress test" to prepare for the European Union's Digital Services Act (DSA), EU industry chief Thierry Breton said on Tuesday. Under the EU's Digital Services Act (DSA), Alphabet unit Google (GOOGL.O), Meta and other large online platforms will risk hefty fines if they do not control illegal content. TikTok will also be subject to the DSA rules, which require companies to manage risk, conduct external and independent auditing, share data with authorities and adopt a code of conduct. "Recent events have shown the impact TikTok has on democracies — and how important independent EU enforcement is," wrote Breton on Twitter. "TikTok voluntarily agreed to perform a #StressTest to prepare for #DSA.

Persons: Thierry Breton, Breton, TikTok, Shou Zi Chew, Sudip Kar, Josie Kao Organizations: Union's Digital Services, EU's Digital Services, DSA, Twitter, Thomson Locations: BRUSSELS

[1/2] A response by ChatGPT, an AI chatbot developed by OpenAI, is seen on its website in this illustration picture taken February 9, 2023. The EU and its member states have dispatched officials for talks on governing the use of AI with at least 10 Asian countries including India, Japan, South Korea, Singapore and the Philippines, they said. The officials asked not be named as the discussions, whose extent has not been previously reported, remained confidential. Officials from Singapore and the Philippines expressed concern that moving overly hasty regulation might stifle AI innovation. Seoul will continue discussing AI regulation with the EU but is more interested in what the G7 is doing, a South Korean official said following a meeting with Breton.

Persons: Florence, Alexandra van Huffelen, van Huffelen, Thierry Breton, Breton, Fanny Potkin, Sam Nussey, Supantha Mukherjee, Joyce Lee, Tomasz Janowski Organizations: REUTERS, European, EU, Reuters, Officials, General Data, European Union, South Korean, Thomson Locations: Florence Lo, SINGAPORE, TOKYO, STOCKHOLM, Asia, India, Japan, South Korea, Singapore, Philippines, Canada, Turkey, Israel, EU, France, Germany, Italy, Britain, United States, Hiroshima, Seoul

[1/2] A response by ChatGPT, an AI chatbot developed by OpenAI, is seen on its website in this illustration picture taken February 9, 2023. The EU and its member states have dispatched officials for talks on governing the use of AI with at least 10 Asian countries including India, Japan, South Korea, Singapore and the Philippines, they said. Officials from Singapore and the Philippines expressed concern that moving overly hasty regulation might stifle AI innovation. Seoul will continue discussing AI regulation with the EU but is more interested in what the G7 is doing, a South Korean official said following a meeting with Breton. The EU is planning to use the upcoming G20 meetings to further push for global collaboration on AI, notably with 2023 president India, van Huffelen told Reuters.

☆ Indian tech giant Wipro will invest $1 billion in AI, including training all staff
▼ + stars: | 2023-07-14 | by ( Michelle Toh | ) edition.cnn.com time to read: +1 min

Hong Kong CNN —Wipro, one of India’s top providers of software services, wants everyone on staff to know how to use artificial intelligence. The IT giant announced Wednesday it would spend $1 billion on improving its artificial intelligence capabilities over the next three years, including training its entire staff of 250,000 people across 66 countries in the fast-moving technology. Its move comes as generative AI, the technology that underpins popular platforms such as ChatGPT, has taken the world by storm. “With the emergence of generative AI, we expect a fundamental shift up ahead, for all industries,” Wipro CEO Thierry Delaporte said in the statement. Businesses are increasingly using AI to either bolster or replace tasks usually carried out by humans.

Persons: Thierry Delaporte Organizations: Hong Kong CNN — Wipro, Wipro Locations: Hong Kong

☆ India's Wipro commits $1 bln investment into AI
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, July 12 (Reuters) - Indian IT services provider Wipro Ltd (WIPR.NS) said on Wednesday it planned to invest $1 billion into artificial intelligence (AI) over the next three years. The investments will focus on the expansion of AI, big data, and analytics solutions, as well as developing new research and development and platforms, it said in an exchange filing. This comes almost a week after rival Tata Consultancy Services (TCS.NS) said it planned to train 25,000 engineers to get them certified on Microsoft's (MSFT.O) Azure Open AI. Companies across the world, from banks to big tech, have doubled down on investments in AI after ChatGPT, a generative AI chatbot by Microsoft-backed OpenAI took the world by storm in late 2022. "Especially with the emergence of generative AI, we expect a fundamental shift up ahead, for all industries," Wipro CEO Thierry Delaporte said.

Persons: OpenAI, Thierry Delaporte, Navamya Ganesh, Rashmi Organizations: Indian IT, Wipro, Tata Consultancy Services, Companies, Microsoft, Wipro ai360, Thomson Locations: BENGALURU, Indian, Bengaluru

A jump in the number of people working part-time for economic reasons also suggested a weaker labor market, but the pace of job growth remains strong and with inflation still double the Fed's target rate, a rate hike this month is likely. "The Fed is being hawkish and that prevents the dollar from depreciating too much. After the jobs data, futures pointed to an 88.8% probability that the Fed hikes in three weeks. Adding a tailwind to the rally in the yen was some position-squaring among speculators, who have built up sizeable bearish positions, Hardman said. The Australian dollar rose 0.8% to $0.6681, but it is still battered by weak Chinese economic data and broad risk aversion.

Persons: Joe Manimbo, We're, Thierry Wizman, They've, Lee Hardman, Hardman, YEN, Herbert Lash, Amanda Cooper, Rae Wee, Sam Holmes, Mark Potter, Barbara Lewis, Marguerita Choy Organizations: Federal Reserves, Labor Department, Treasury, ECB, Strong U.S, Bank of Japan, Thomson Locations: U.S, Japan, New York, London, Singapore

☆ U.S. Big Tech says it meets EU gatekeeper status, TikTok criticises label
▼ + stars: | 2023-07-04 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

Samsung and TikTok owner ByteDance also unexpectedly said they would meet the criteria, although TikTok disputed whether it should be included on the list. "Europe is completely reorganising its digital space to both better protect EU citizens and enhance innovation for EU startups and companies," Breton said in a statement. Booking.com (BKNG.O) said it expected to meet the gatekeeper threshold by the end of the year and will then notify the EU executive. It fell short of the quantitative threshold ahead of Monday's notification to the Commission due to the pandemic. ($1 = 0.9173 euros)Reporting by Foo Yun Chee Editing by Louise Heavens and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Thierry Breton, ByteDance, Booking.com, Breton, TikTok, Foo Yun, Louise Heavens, Mark Potter Organizations: Amazon, Apple, Google, Facebook, Meta, Microsoft, Samsung, Union's, EU, European Commission, Thomson Locations: BRUSSELS, Europe, EU

☆ Amazon, Google, Apple, Meta, Microsoft say they meet EU gatekeeper status
▼ + stars: | 2023-07-04 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

BRUSSELS, July 4 (Reuters) - Alphabet's (GOOGL.O) Google, Amazon (AMZN.O), Apple (AAPL.O), Meta Platforms (META.O) and Microsoft (MSFT.O) have notified the European Commission that they qualify as gatekeepers under new EU tech rules, EU industry chief Thierry Breton said on Tuesday. Samsung and TikTok owner ByteDance also said they meet the EU thresholds, Breton said. "Europe is completely reorganising its digital space to both better protect EU citizens and enhance innovation for EU startups and companies," Breton said in a statement. They will then have six months to comply with the DMA rules. Booking.com (BKNG.O) said it expects to meet the gatekeeper threshold by the end of the year and will then notify the EU executive.

Persons: Thierry Breton, ByteDance, Breton, Foo Yun Chee, Louise Heavens Organizations: Google, Apple, Microsoft, European Commission, Digital Markets, Samsung, EU, Companies, Thomson Locations: BRUSSELS, Europe

☆ CNBC Daily Open: Tesla roars in a quiet market
▼ + stars: | 2023-07-04 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Muted marketsMajor U.S. indexes inched up fractionally Monday, in a quiet start to the second half of the year. Electrifying growthTesla shares popped 6.9% yesterday after the company reported a staggering 83% year-over-year growth in deliveries during the second quarter. Rivian shares jumped 17.4% after the company reported 12,640 deliveries during the second quarter, up 59% from the previous quarter.

Persons: Elon Musk, Thierry Breton, Bluesky, Jack Dorsey, Tom Lee, Lee Organizations: SpaceX, Tesla, Twitter, Viva Technology, CNBC, U.S, AstraZeneca's, European Union Locations: Paris, France, Japan, South Korea, China

REUTERS/Dado Ruvic/IllustrationTOKYO, July 3 (Reuters) - Japan is leaning toward softer rules governing the use of artificial intelligence (AI) than the European Union, said an official close to deliberations, as it looks to the technology to boost economic growth and make it a leader in advanced chips. A softer Japanese approach could dull EU efforts to establish its rules as a global benchmark, with requirements such as companies disclosing copyrighted material used to train AI systems that generate content like text and graphics. EU industry chief Thierry Breton is visiting Tokyo this week to promote the bloc's approach to AI rule-making as well as to deepen cooperation in semiconductors. The government official did not elaborate on areas where Japan's rules were likely to differ from those of the EU. For Japan, AI could help cope with the population decline that is causing a labour shortage.

Persons: Dado Ruvic, Thierry Breton, Yutaka Matsuo, Matsuo, Breton, Japan's, Sam Nussey, Tim Kelly, Christopher Cushing Organizations: REUTERS, European Union, EU, The University, Tokyo's, Learning, SoftBank, Microsoft, Japan, Thomson Locations: TOKYO, Japan, European, U.S, Tokyo, China

☆ EU and Japan look to partner on A.I. and chips as China 'de-risking' strategy continues
▼ + stars: | 2023-07-03 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

The EU held a similar council with South Korea last week, in which the two sides agreed to cooperate on technologies such as AI and cybersecurity. Part of that EU strategy involves deepening the relationship with allied countries around technology. Breton told Reuters on Monday that the bloc and Japan will co-operate in the area of semiconductors. Japan is a key country in the semiconductor supply chain, and Tokyo has been looking to strengthen its domestic industry. The EU has also been looking to strengthen its own semiconductor industry across the bloc.

Persons: Thierry Breton, Breton Organizations: European, Twitter, Japan Digital Partnership, EU, South, Reuters Locations: Japan, China, EU, South Korea, U.S, Beijing, Tokyo

A softer Japanese approach could dull EU efforts to establish its rules as a global benchmark, with requirements such as companies disclosing copyrighted material used to train AI systems that generate content like text and graphics. EU industry chief Thierry Breton is visiting Tokyo this week to promote the bloc's approach to AI rule-making as well as to deepen cooperation in semiconductors. The government official did not elaborate on areas where Japan's rules were likely to differ from those of the EU. For Japan, AI could help cope with the population decline that is causing a labour shortage. "If you increased the GPUs in Japan by 10 times, it would probably still be less than what OpenAI has available," said Prof. Matsuo.

☆ EU, Japan to deepen chip cooperation -Breton
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +1 min

[1/2] EU Commissioner for Internal Market Thierry Breton speaks during an interview with Reuters in Tokyo, Japan July 3, 2023. REUTERS/Issei KatoTOKYO, July 3 (Reuters) - The European Union will deepen cooperation with Japan on semiconductors, its industry chief said on Monday, as countries move to stengthen control over a technology vital for defence, electronic and automotive industries. "We believe that it's extremely important to secure the supply chain of semiconductors," Thierry Breton told Reuters in Tokyo, where he is discussing cooperation on chips and artificial intelligence with the government and companies. The EU and Japan will work together to monitor the chip supply chain and facilitate exchange of researchers and engineers, Breton said. The EU will also be supportive of Japanese semiconductor companies considering operating there, including through access to subsidies.

Persons: Thierry Breton, Issei Kato TOKYO, Breton, Sam Nussey, Chang, Ran Kim Organizations: Internal, Reuters, REUTERS, European, EU, Thomson Locations: Tokyo, Japan, European Union, EU

☆ EU, Japan to deepen chip cooperation - Breton
▼ + stars: | 2023-07-03 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

[1/2] EU Commissioner for Internal Market Thierry Breton speaks during an interview with Reuters in Tokyo, Japan July 3, 2023. REUTERS/Issei KatoTOKYO, July 3 (Reuters) - The European Union (EU) will deepen cooperation with Japan on semiconductors, its industry chief said on Monday, as countries move to strengthen control over a technology vital for defence, electronic and automotive industries. The EU and Japan will work together to monitor the chip supply chain and facilitate exchange of researchers and engineers, Thierry Breton said. "We believe that it's extremely important to secure the supply chain of semiconductors," Thierry Breton told Reuters in Tokyo, where he is discussing cooperation on chips and artificial intelligence with the government and companies. The deepening cooperation between the EU and Japan comes as the bloc has pledged to reduce its dependence on China, which aims to increase its capabilities in high-end technology such as chips.

Persons: Thierry Breton, Issei Kato TOKYO, Rapidus, Breton, Sam Nussey, Chang, Ran Kim, Himani Organizations: Internal, Reuters, REUTERS, European Union, EU, IBM, JSR, Thomson Locations: Tokyo, Japan, EU, Leuven, Belgium, China

☆ Australia's United Malt agrees $1 billion takeover offer from France's InVivo
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +2 min

July 3 (Reuters) - Australian malt producer United Malt Group Ltd (UMG.AX) said on Monday it had agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a branch of French agribusiness InVivo. The A$5 per share offer represents a 45.3% premium to United Malt's closing price of A$3.44 on March 24, before the offer was first disclosed. United Malt is the world's fourth-largest commercial maltster, producing bulk malt for brewers, craft brewers, distillers and food companies. The deal requires approval from Australia's Foreign Investment Review Board (FIRB) as well as United Malt's shareholders to vote in support the transaction, among other regulatory requirements. United Malt's board has unanimously recommended that its shareholders vote in favor of the proposal.

Persons: Malteries, Thierry Blandinieres, Graham Bradley, InVivo, Harish Sridharan, Lisa Shumaker, Nick Zieminski, Jamie Freed Organizations: United Malt Group, Reuters, distillers, Foreign Investment, Board, United, United Malt, Thomson Locations: Australia, Canada, United States, Britain, Europe, Latin America, Asia, Africa, Bengaluru

☆ French President Emmanuel Macron slammed for partying with Elton John as France burns in mass riots
▼ + stars: | 2023-07-02 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Emmanuel Macron attended an Elton John concert in Paris on Wednesday night. It comes as mass riots are ravaging France following the fatal shooting of a 17-year-old. "While France was on fire, Macron preferred to applaud Elton John." An Instagram picture posted by Elton John's husband, David Furnish, of the couple arm-in-arm with a smiling Macron and his wife, Brigitte Marie-Claude Macron. "France is burning, and the president of France is going to the Elton John concert.

Persons: Emmanuel Macron, Elton John, Macron, —, Thierry Mariani, Elton John's, David, Brigitte Marie, Claude Macron, Nahel, Sarah Meyssonnier Macron, Le, Pascal, Dominique Sopo, Sopo, George Floyd Organizations: Service, The Telegraph, Marine, REUTERS, Guardian, BBC, London Metropolitan Police Locations: Paris, France, Nanterre, Aubervilliers, Rothschild, Republic, Alma, Roubaix, London

☆ Thierry Le Gouès’s intimate photos are a ‘love letter’ to ’90s supermodel era
▼ + stars: | 2023-06-28 | by ( Marianna Cerinni | ) edition.cnn.com time to read: +7 min

“It’s a love letter to that time — a collection of some of the pictures I am most fond of,” Le Gouès said in a phone interview from Paris, where he is based. Thierry Le Gouès/Courtesy powerHouse BooksMost of the photos appeared in magazine spreads or fashion campaigns, which were Le Gouès’ main outlets at the time. Thierry Le Gouès/Courtesy powerHouse BooksIndeed, Le Gouès’ images are strikingly dramatic. “The ‘90s was a decade of experimentation, and that’s what I did when it came to my photos,” Le Gouès said. The other was Kate Moss, whose gold-painted portrait eventually ended up gracing the front of “90’s.” Le Gouès shot the image for British Esquire.

Persons: Kate Moss, Naomi Campbell, Linda Evangelista, Calvin Klein’s, Moss, Mark Wahlberg, ”, Cindy Crawford, Iman, Carla Bruni, Thierry Le Gouès, “, ” Le Gouès, Le Gouès, he’d, Le, “ I’ve, ” Naomi Campbell, John Galliano, Azzedine Alaïa, Alexander McQueen, Carla Bruni’s, Bruni, Eva Herzigová, Elle Macpherson, Campbell, Tatjana Patitz —, Naomi, Kate, ” Kate Moss, She’s Organizations: CNN, —, Vogue, Esquire, “ Locations: Paris

☆ EU countries, lawmakers reach data rule deal targeting Big Tech
▼ + stars: | 2023-06-27 | by ( Foo Yun Chee | ) www.reuters.com time to read: +3 min

BRUSSELS, June 27 (Reuters) - EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data, with safeguards against non-EU governments gaining illegal access. The European Commission proposed the Data Act last year to cover data generated in smart gadgets, machinery and consumer products, part of a raft of legislation aimed at curbing the power of U.S. tech giants. EU concerns about data transfers have grown following revelations by former U.S. intelligence contractor Edward Snowden in 2013 of mass U.S. surveillance. "Tonight's agreement on the Data Act is a milestone in reshaping the digital space...we are on the way of a thriving EU data economy that is innovative and open — on our conditions," EU industry chief Thierry Breton said in a tweet. It also gives consumers and companies a say on what can be done with the data generated by their connected products.

Persons: Edward Snowden, Thierry Breton, Damian Boeselager, Guido Lobrano, Foo Yun Chee, David Gregorio, Lincoln Organizations: Big Tech, EU, European Commission, Manufacturers, Siemens, SAP, Information Technology Industry, ITI, Thomson Locations: BRUSSELS, Europe

☆ Zalando sues EU Commission over landmark online content rules
▼ + stars: | 2023-06-27 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

BRUSSELS, June 27 (Reuters) - Zalando (ZALG.DE), Europe's biggest online fashion retailer, on Tuesday sued the European Commission for putting it in the same category as Alphabet's (GOOGL.O) Google and Meta Platforms (META.O) regarding new and tough EU online content rules. Under rules known as the Digital Services Act (DSA) which came into force last year, Zalando was labelled a very large online platform (VLOP) because it has more than 45 million users. EU industry chief Thierry Breton in April labelled 19 online platforms and search engines including five Alphabet subsidiaries, two Meta units, two Microsoft (MSFT.O) businesses, Twitter, Alibaba's (9988.HK) AliExpress and Zalando as VLOPs. "The European Commission misinterpreted our user numbers and failed to acknowledge our mainly retail business model. The number of European visitors who connect with our Partners is far below the DSA's threshold to be considered as a VLOP," Zalando CEO Robert Gentz said in a statement.

Persons: Zalando, Thierry Breton, Germany's Zalando, Robert Gentz, Breton, Gentz, Foo Yun, Christina Fincher Organizations: Tuesday, European Commission, Google, Digital Services, Microsoft, Twitter, HK, Justice, European Union, Commission, Partners, Thomson Locations: BRUSSELS, Luxembourg

☆ EU, Meta agree to July stress test on EU online content rules
▼ + stars: | 2023-06-24 | by ( ) www.reuters.com time to read: +1 min

June 23 (Reuters) - Meta (META.O) and the European Union (EU) have agreed on a stress test in July on the EU's online content rules, following EU industry chief Thierry Breton's demand that the social media platform act immediately over Meta's content targeting children. "Productive discussion with Meta CEO Mark Zuckerberg in Menlo Park on EU digital rules: DSA, DMA & AI Act," Breton said in a tweet, adding that 1,000 Meta employees are working on the Digital Services Act (DSA). loadingBreton had earlier in June said that Meta would have to demonstrate the measures it plans to take to comply with European Union online content rules known as the Digital Services Act (DSA) after Aug. 25 or face heavy sanctions. Meta did not immediately respond to a Reuters request for comment. Reporting by Nilutpal Timsina in Bengaluru; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

Persons: Thierry Breton's, Mark Zuckerberg, Breton, Nilutpal, Jacqueline Wong Organizations: European Union, Digital Services, Meta, Thomson Locations: Menlo Park, Bengaluru

☆ GlobalData: Europe is way ahead of the U.S. when it comes to digital regulation
▼ + stars: | 2023-06-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobalData: Europe is way ahead of the U.S. when it comes to digital regulationCyrus Mewawalla, Head of Investment Research at GlobalData, discusses EU Commissioner for Internal Market Thierry Breton's planned meetings with Elon Musk, Mark Zuckerberg, Sam Altman, and Jensen Huang this week.

Persons: Cyrus Mewawalla, Thierry Breton's, Elon Musk, Mark Zuckerberg, Sam Altman, Jensen Huang Organizations: Investment Research, GlobalData, Internal, Elon Locations: Europe, U.S

☆ EU official visits Twitter headquarters to ‘stress test’ its ability to handle content moderation
▼ + stars: | 2023-06-23 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

On Thursday, EU Commissioner Thierry Breton and a team of staff descended on Twitter’s headquarters in San Francisco to perform a “stress test” of the company’s ability to moderate online content. Josh Edelson/AFP/Getty ImagesBreton did not say whether he believes Twitter passed its stress test, but described the session as a “constructive dialogue” that Twitter voluntarily agreed to undertake. “Europe is very important to Twitter and we’re focused on our continued partnership.”In a speech Thursday, Breton said Twitter is not the only company that will be receiving a stress test. “Compliance with European rules is not a punishment. Concerns about Twitter’s ability to handle hate speech, misinformation and other challenges have grown since Musk’s purchase of the company last year.

Persons: Thierry Breton, “, ” Breton, Elon Musk, Josh Edelson, Breton, Twitter, ”, Linda Yaccarino, we’re, Sundar Pichai, Mark Zuckerberg, Sam Altman, Jensen Huang Organizations: CNN, European Union, Twitter, Facebook, Digital Services, DSA, Internal, Getty, ”, “, Nvidia Locations: San Francisco, San Francisco , California, AFP, “ Europe, Europe

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