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Big Tech risks big fines, and even break-up, under Europe’s new content and antitrust rules
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Big Tech’s lobbyists have their work cut out for them in Europe—and not just in the European Union. On Tuesday, the European Commission proposed long-awaited legislation that could see tech giants such as Facebook and […]
FSCS £1bn levy warning is a ‘scandal’ – PIMFA
Wealth manager trade body PIMFA has attacked the FSCS forecast today of a £1bn compensation levy as a “scandal” which points to regulation failing consumers and firms. The trade association said the industry has reacted with “disbelief” over the plans for a levy a third higher than the previous year amid a backdrop of soaring […]
Nvidia Issues Mea Culpa Over Bungled GeForce RTX 3080 Launch
Nvidia (NVDA) has apologized to customers following the hotly-anticipated launch of its GeForce RTX 3080 launch last week.NVDA called the launch “simultaneously the best GPU launch ever and the most frustrating” after the GeForce RTX 3080 sold out almost instantly.“We expected the best ever demand for the RTX 30-series, but the enthusiasm was overwhelming. We […]