646
Painful day for tech titans as EU finally sinks its regulatory teeth into them
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 09 Mar 2024
646 points (99.2% liked)
Technology
55690 readers
3626 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
The EU spends plenty of grant money on FLOSS. It's part of the general Horizon grants, there's a bug bounty programme (as replacement for the hackatons which didn't work as well as imagined), and last but not least the EU publishes lots of software as FLOSS.
You don't want to make that stuff contingent on big tech misbehaving. The fines go into the general EU budget but the EU doesn't get to keep it, membership fees are lowered in the next year by the same amount thus the windfall goes to member state's budgets.