UK government sets out plans to rein in Big Tech

Large tech companies such as Google and Facebook will have to abide by new competition rules in the UK or risk facing huge fines, the government said.

The BBC approached several of the big tech firms, including Apple, Meta and Google, but has received no response. It will also make it easier for people to switch between phone operating systems such as Apple iOS or Android and social media accounts, without losing data and messages. This move is in response to friction between Meta, Google and news publishers. The argument is that while many local and national news organisations struggle to survive, Big Tech companies are posting record profits - and raising advertising revenue from the stories they produce.

They have a captive market and they don't want to share it. Google search is so popular "to google" is a commonly used verb. Around 90% of all internet searches are on Google's search engine. But many have queried whether one company should have such a dominant position over a crucial part of the internet.

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK watchdog will have power to impose huge fines on big tech firmsAccording to the government, Digital Markets Unit will protect small businesses and consumers Sorry but this genies been out the bottle how long?! Laughable headline For not promoting govt lies.
Source: The Guardian - 🏆 84. / 53 Read more »

Can Chinese big tech learn to love big brother?China’s government has been designating specific areas in which companies should lead, giving an unambiguous green light for private entrepreneurs to go after the next big thing, as long as it lines up with policy goals
Source: TheEconomist - 🏆 6. / 92 Read more »

UK ‘waking up’ to poor tech-listing appeal in London, says Arm innovatorNew York is obvious choice for British-based chip designer’s IPO, says Hermann Hauser Lol You are going to keep getting hacked if you don't build your own Microchips in your own Nation.When you build things like that in your own Nation you dont have backdoor put in by Spy's for hacking and attacking.
Source: Guardian news - 🏆 28. / 68 Read more »

UK ministers retreat from giving new tech regulator statutory backing\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. MarioFerreira50 chupa They are fundamentally serious about nothing
Source: FT - 🏆 113. / 51 Read more »

UK heatwave forecast: Exact date UK to bake in 25C scorcher - latest mapsAS TEMPERATURES gradually rise, Britons are expected to enjoy the hottest day of the year so far next week. Here's the date the UK is due a 25C scorcher.
Source: Daily Express - 🏆 26. / 68 Read more »