I don’t know about you, but when I see the combination of EU + Tech, I immediately imagine some kind of law. I don’t associate it with startups, talent spotting, polytechnics, fast and large rounds of financing from VC backers, experimenting, etc. Right away, somewhere, there’s some official standing there.
Instead of focusing on how to participate in the global tech scene, Europe is wondering how to protect its citizens so they don’t have to buy two take telegram advertising service cables or (in the case of DMA) can easily transfer a conversation from Messenger to WhatsApp (BTW – both are owned by Meta).
Personally, I think Europe is the most pleasant place on the planet, and I really want this continent to put up some kind of fight for economic survival. The path to economic development must be entrepreneurship and simply not getting in the way of people who want to do something. Governments, commissions, and politicians don’t have to “help” entrepreneurs to do better. It’s enough not to get in their way.
If this does not change, I think we will suffer the fate of the dinosaurs.
Contents:
- EU vs Big Tech
- Meta withdraws from promoting news in Europe
- Top podcast market trends
- Paid Facebook option without ads?
- Why returning to offices might be a challenge
- Nintendo is preparing a hit for the fall
- X wants to collect biometric data
- AI Models and my free report free tools Hallucinations
- Will employees be convinced by AI?
- Threads on Desktop – Hit or Miss?
- Smooth technology to calm children
- Shorts
- Weekly Tool
- MA in the online store. Knowledge from the blog
EU vs Big Tech
The internet services market is dominated by a few, a dozen or so players, and the European Commission wants to combat this. The EU body has presented a list of so-called “gatekeepers” under the Digital Markets Regulation (DMA). According to the DMA, gatekeepers are companies that have an annual turnover exceeding EUR 7.5 billion, a market value exceeding EUR 75 billion and at least 45 million monthly active users in the EU. Among the listed technology giants are 22 companies, including Alphabet, Amazon, Apple, Meta brazil data and ByteDance. Entities on this list will have to, among other things, ensure the interoperability of their services with competitors (i.e. WhatsApp users should be able to communicate with Messenger or Skype users) or ask users for consent to combine data from different services, e.g. Instagram and Facebook. They also cannot position their own products and services above rivals on their platforms or markets, e.g. in app stores or e-commerce platforms. The listed companies have 6 months to comply with the DMA regulations.