Articles by Foo Yun Chee

EU Lawmakers Target Big Tech Firms’ Unfair Business Practices

EU lawmakers agreed on Thursday to take a tougher stance against tech giants such as Google , Amazon and Apple in new legislation aimed at curbing unfair business practices. A European Parliament committee voted in favor of beefing up draft …

Apple CEO Calls for U.S. Privacy Law to Protect User Data

Apple Chief Executive Tim Cook said on Wednesday customer data was being “weaponised with military efficiency” by companies to increase profit. Cook, speaking at the International Conference of Data Protection and Privacy Commissioners, said Apple supported a federal privacy law …

EU Parliament Panel Backs Stricter Copyright Rules Opposed by Tech Leaders

Google, Facebook , Microsoft and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday. The copyright rules, proposed by the European Commission two years …

Uber Case in Europe’s High Court Could Affect Sharing Economy Firms

Uber defended its business model in Europe’s highest court on Tuesday, saying its service had made it easier for people to get around and cut pollution as it fights a case which could leave app-based startups facing tougher regulation. The …

EU Fines Microsoft $731 Million for Breaking Browser Choice Promise

The European Union fined Microsoft Corp €561 million [$731.5 million] on Wednesday for failing to offer consumers a choice of web browser, a charge that will act as a warning to other technology firms involved in antitrust disputes with the …

Online Social Network Can’t Be Piracy Police: European Court

Online social networks cannot be forced to block users from downloading songs illegally, as this would push up their costs and infringe privacy, Europe’s highest court said on Thursday, adding to a worldwide debate on internet policing. The Luxembourg-based Court …

Fortis Seeks $12.5 Billion Solvency Boost

Fortis said on Thursday that it plans to shore up its finances with measures worth more than €8 billion ($12.56 billion), including issuing new shares, hitting its stock on dilution worries. The Belgian-Dutch financial services group said it would issue …