A delegation of S&D MEPs travelled to the United States this week to meet leading digital and hi-tech players in Silicon Valley, and to discuss how best to meet the challenges and opportunities of the new digital environment.
Reviewing the EU-US Privacy Shield deal, the US CLOUD Act and the visa waiver programme were high on the agenda of the Civil Liberties delegation visit to Washington D.C.
The European Investment Bank (EIB) has signed a €27 million financing agreement with software company M-Files from Tampere, Finland. The loan was made possible by the European Fund for Strategic Investments (EFSI), central pillar of the Investment Plan for Europe, which was launched by the EIB Group and the European Commission to boost the competitiveness of the European economy. This operation is the EIB’s largest commitment in the Finnish IT sector for years. With these funds, the rapidly growing company aims to revolutionise the way organisations manage and use information, making it more intelligent, intuitive and compliant.
S&Ds welcomed today the decision of the European Commission to impose a €4.3 billion penalty on Google for abusing its dominant position in the Android operating system for mobile phones.
The European Investment Bank approved a total of EUR 12.6 billion of new financing for 83 projects located across Europe, Asia, Latin America and Africa. This represents a record level of new support ever agreed at a monthly meeting of the EIB Board of Directors.
The European Fund for Strategic Investments (EFSI) has mobilised €335 billion in additional investment across the EU since July 2015. The Juncker Plan has made a clear impact on the EU economy and revolutionised the way innovation is financed in Europe.
Requiring drones to identify and authorise themselves before they can fly, which could be achieved by fitting them with SIM cards, could help to protect people’s privacy by providing an effective way to register both users and machines, according to air traffic management expert Robin Garrity.
The European Commission has fined Google €4.34 billion for breaching EU antitrust rules. Since 2011, Google has imposed illegal restrictions on Android device manufacturers and mobile network operators to cement its dominant position in general internet search.