The digital revolution, which is reshaping the global economy and societies, offers numerous opportunities, but also poses many challenges, thereby putting governments in a dilemma on how to shape it. While empowering individuals in many ways and spurring impressive inventions, it poses threats of cyber-attacks and privacy abuse. It also raises concern about the future of the labour and social security markets.
After six years of preparation and coordination, the international Operation Warenagent has seen the arrest of 15 individuals, thought to be members of a network responsible for online fraud causing EUR 18 million worth of damage. The operation was conducted by the German Prosecutor’s Office of Dresden, the Saxon State Office of Criminal Investigation, the Lithuanian Police and the Lithuanian Prosecutor’s Office, with help from Europol and Eurojust at the international level.
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 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.
Latvia has announced its intention to join the EuroHPC Joint Undertaking, and participate in and contribute to European and national efforts to acquire, build and deploy in Europe the world’s most powerful supercomputers.