BERLIN: The European Union and authorities around the world will have to regulate big technology and social media companies at some stage to protect citizens, the deputy head of the European Commission said on Monday.
"At some point, we will have to regulate," Timmermans told the World Policy Forum in Berlin."The first task of any public authority is to protect its citizens - and if we see you as a threat to our citizens, we will regulate and if you don't work with us, we will probably regulate badly."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shanghai's Nasdaq-style tech board to take listing applications from Monday[SHANGHAI] The Shanghai Stock Exchange will start accepting listing applications for its new Science and Technology Innovation board on Monday, putting it on track for a first batch of listings as early as mid-June, the official Shanghai Securities News reported on Saturday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Wall St gains with tech; S&P 500 posts best week since November[NEW YORK] US stocks rose on Friday, led by technology companies, as a report on progress in US-China trade talks lifted sentiment, pushing the S&P 500 to its best week since November. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Neo Group breaks ground on new high-tech HQ, to lease space to F&B startupsNEO Group will be consolidating its operations in a new high-tech headquarters and catering hub, expected to be completed in the fourth quarter of 2020, it announced on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singtel expands cross-border payments alliance with Japan mobile payments tech firm additionSINGTEL'S cross-border mobile payments alliance VIA has added a new member, Japanese mobile payments technology firm Netstars, the telco announced on Monday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »