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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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EU regulations are getting tighter for tech companies like Google and TikTok.

EU regulations are getting tighter for tech companies like Google and TikTok.
EU regulations are getting tighter for tech companies like Google and TikTok. EU regulations are getting tighter for tech companies like Google and TikTok.
EU regulations are getting tighter for tech companies like Google and TikTok.
EU regulations are getting tighter for tech companies like Google and TikTok. EU regulations are getting tighter for tech companies like Google and TikTok.

The Digital Services Act (DSA), enacted by the European Union, tightens restrictions on online material by requiring businesses with more than 45 million users to undergo risk management, and external audits, share data with regulators and researchers and adopt a code of conduct.

This affects many important tech companies, like Facebook, Google, Twitter, TikTok, Amazon, and others. In addition, large online platforms (VLOPs) are businesses with four months to follow the law or face fines.

According to reports, Twitter has 100.9 million average monthly users in the EU, and according to an estimate from the previous 45 days, TikTok has 100.9 million average monthly users as well. One set of statistics is based on user accounts, and the other is on recipients who have signed out. Google Maps has 278.6 million signed-in users every month.

The Digital Services Act

Digital Services Act Credit: REUTER

Google Play has 274.6 million, Google Search has 332 million, Shopping has 74.9 million, and YouTube has 401.7 million.

Amazon has also claimed to have more than 45 million users in the EU, whereas Bing, the search engine owned by Microsoft, had 107 million average monthly users in the last half of 2022. eBay, meanwhile, declared that it was below the EU user criteria.

Apple claims that the only online platform that meets the criteria for becoming very large is the App Store it established for iPhones, which has more than 45 million monthly users. So, the same rules will apply to paid subscriptions to e-books and podcasts on Apple Books and the App Store for iPads, Mac computers, Apple Watch, and TV.

Meta Platforms, which owns both Facebook and Instagram, said that in the second half of 2022, there were an average of 255 million active Facebook users in the EU and about 250 million active Instagram users. Every six months, all businesses must publish their user counts.

 

 


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