EUROPEAN DATA PROTECTION BOARD
China's Xi Jinping greets EU Council president ahead of EV tariffs taking effect
China's President Xi Jinping conveyed his congratulations to incoming European Council President Antonio Costa, emphasizing the importance of China-EU relations. This comes ahead of the European Commission's decision to impose tariffs of up to 37.6% on Chinese electric vehicles (EVs), citing state subsidies benefiting Chinese firms. Xi reaffirmed China's commitment to its partnership with the EU, rejecting accusations of unfair subsidies on Chinese EVs. The EU faces internal divisions over supporting these tariffs, with Germany leaning towards opposing them due to significant automotive sales in China, while France supports them firmly.
Social media companies list out worries as Centre readies data protection rules
Social media platforms have said that undoing behavioural tracking of children and targeted advertisements are among the biggest concerns they have with the new data law the government is prepping. The companies are voicing their concerns as rules of the Digital Personal Data Protection (DPDP) Act will be released soon.
EU cybersecurity label should not discriminate against Big Tech, European groups say
26 industry groups in Europe warn against discrimination in the proposed cybersecurity certification scheme for cloud services, emphasizing the importance of inclusivity and non-discrimination.
Meta will not launch Meta AI in Europe for now
Meta Platforms postpones Meta AI launch in Europe due to Irish privacy regulator's request on user data from Facebook and Instagram.
EU's new AI rules ignite battle over data transparency
Europe focuses on AI innovation to lead globally, balancing transparency and copyright protection under the new AI laws, emphasizing the need for innovation before regulation to avoid dependency on American and Chinese products.
IT Minister’s back, policy honchos hope data rules will allay sector’s concerns
The re-appointment of Ashwini Vaishnaw as the minister of electronics and information technology has sparked hopes for continued dialogue between the industry, technology policy groups, and the government before the Digital Personal Data Protection (DPDP) Rules are enforced. The government aims to build on the policy work done so far, including drafts for the Digital India Bill and safeguards for AI.
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Meity policy momentum to continue with Ashwini Vaishnaw retaining Electronics, IT portfolio
Union minister Ashwini Vaishnaw retains electronics and IT portfolio, spearheading success in electronics and semiconductor manufacturing. He also oversees the enactment of the Digital Personal Data Protection Act and holds the railway ministry along with the Information and Broadcasting ministry.
European Central Bank set to cut rates for the first time since 2019 even as inflation fight continues
All 82 economists polled by Reuters expected the ECB to trim its deposit rate to 3.75% on Thursday from a record 4.0%, in what would be its first cut since 2019. ECB policymakers have clearly telegraphed their intention to lower borrowing costs after seeing inflation in the 20 countries that share the euro fall from more than 10% in late 2022 to just above their 2% target in recent months.
Meta hit with privacy complaints in Europe over AI plans
A Vienna-based privacy campaign group filed complaints in 11 European countries against Meta on Thursday, saying the global tech giant's planned privacy policy change would allow "unlawful" use of personal data for artificial intelligence technology. Through the complaints, the group asks data protection authorities in the 11 European countries to stop Meta's new privacy policy before it enters into force in late June and fully investigate it.
Microsoft hit with Austrian privacy complaints over its education programme
Privacy advocacy group NOYB files complaints against Microsoft regarding its online education software, alleging GDPR violations.
Data protection, AI rules top tech’s wishlist for next govt
Technology policy lawyers, think tanks and policy groups are making a list of priority items for the new leadership at the IT ministry after the results of the general elections. The Digital Personal Data Protection (DPDP) Rules seem to top the list, along with regulation of AI and the Digital India Bill.
Spain's data protection agency suspends two of Meta's EU election apps
Spain's data protection watchdog AEPD orders the provisional suspension of Meta's planned products for the European election on Instagram and Facebook, citing potential violations of Spanish data protection laws.
RBI releases finalised framework for Indian fintech sector's self-regulatory body
The Reserve Bank of India (RBI) has finalized a framework for self-regulatory organizations (SROs) in the fintech sector, considering stakeholder feedback on draft norms from January 15. These SROs will be industry-led, responsible for regulatory standards, ethical conduct, market integrity, dispute resolution, and fostering transparency, the central bank said in a statement.
Top EU data regulator says tech giants working closely on AI compliance
Des Hogan, Data Protection Commissioner in Ireland, highlighted the broad powers of national regulators to enforce changes in AI products for data privacy compliance.
Amazon in talks with Italy to invest billions in cloud plan
Amazon's AWS in talks with Italy to invest billions in expanding data centre business, boosting cloud offer in Europe.
European shares little changed, inflation data in focus
European stocks were subdued on Monday, with several major markets closed and investors taking a cautious stance ahead of key inflation data from the United States and Europe later this week.
EU data protection board says ChatGPT still not meeting data accuracy standards
EU task force criticizes OpenAI's efforts to improve accuracy of ChatGPT output in compliance with data rules.
Dollar holds its ground as key inflation data looms
The dollar held tight ranges against most peers on Thursday as traders awaited key U.S. inflation data for cues on Federal Reserve policy, while the focus on the massive interest rate gap between Japan and the U.S. helped it make some gains on the yen.
Meta, others should give users free option without targeted ads, EU privacy watchdog says
The U.S. tech giant launched the no-ads subscription service for Facebook and Instagram in Europe last November, saying users who consent to be tracked get a free service which is funded by advertising revenues.
EU Commission's use of Microsoft software breached privacy rules: watchdog
The European Data Protection Supervisor (EDPS) ordered the Commission to take measures to comply with privacy rules and to halt data transfer to the US company and subsidiaries located in third countries that do not have privacy deals with the EU, setting a deadline of December 9 for both orders.
Sam Altman's Worldcoin files lawsuit after Spanish ban
Worldcoin aims to create a global identity system, and involves people getting their irises scanned in exchange for free cryptocurrency and a digital ID.
Italy's data watchdog looks into OpenAI tool that turns text into video
The regulator, known as Garante, asked Open AI to clarify whether the way it informs users and non users about the data it employs for its product, known as Sora, is in line with European Union regulations.
India rejects European FTA bloc's 'data exclusivity' demand to protect generic drug firms' interest
India rejects EFTA's demand for 'data exclusivity' provision, protecting the generic drug industry. Secretary Barthwal emphasizes India's support for the industry. Exclusivity is beyond TRIPS agreement. EFTA has 29 FTAs with 40 partner countries, including Canada, Chile, China, Mexico, and Korea.
Swiss GRC to expand into Indian market
The Luzern-headquartered firm provides a unified platform, the GRC Toolbox offers risk management, internal controls management, business continuity management, data protection management and compliance management modules among others.
Dutch watchdog fines Uber 10 million euro over privacy regulations infringement
Uber failed to inform on the full details of data retention periods concerning European drivers, or to name the non-European countries in which it shares this data, the DPA said.
Italy watchdog says OpenAI's ChatGPT breaches privacy rules
The Italian watchdog, known as Garante - one of the European Union's most proactive in assessing AI platform compliance with the bloc's data privacy regime - last year briefly banned ChatGPT over the alleged breach of EU privacy rules.
Facebook owner Meta faces EU ban on targeted advertising
The ban on such advertising, which targets users by harvesting their data, is a setback for U.S. tech giant Meta Platforms, the owner of the two social media services, which has opposed efforts to curb the practice.
Big Tech coalition seeks 12-18 month extension to comply with India's DPDP Act
The Asia Internet Coalition (AIC), an industry group representing Big Tech companies like Meta, Google, Apple and Microsoft, on Thursday urged the Ministry of Electronics and Information Technology (MeitY) to extend the deadline by 12-18 months to comply with certain provisions under the Digital Personal Data Protection (DPDP) Act, 2023.
EU data watchdog urges more privacy safeguards for digital euro
The European Union's data protection watchdog on Wednesday called for stronger privacy safeguards in EU draft legislation to underpin a digital euro.
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