Tech giants from Apple to Google to TikTok face tougher EU regulation

Tech giants including Apple, Facebook, Google, Twitter, and TikTok face stricter online content regulations in the European Union (EU) due to their huge number of users.

Reuters:

The new rules, known as the Digital Services Act (DSA), classify companies with more than 45 million users as very large online platforms (VLOPs) and require them to do risk management and external and independent auditing.
They will also have to share data with authorities and researchers and adopt a code of conduct.
The European Commission had given online platforms and search engines until Feb. 17 to publish their monthly active users. Those labelled as VLOPs have four months to comply with the rules or risk fines.
Apple (AAPL.O) said only its App Store built for its iPhones, with more than 45 million monthly users, qualified as a very large online platform. But it will also apply the same rules to the App Store for iPads, Mac computers, Apple Watch and TV, and to its Apple Books e-books and podcasts paid subscriptions.
“Apple intends, on an entirely voluntary basis, to align each of the existing versions of the App Store (including those that do not currently meet the VLOP designation threshold) with the existing DSA requirements for VLOPs,” it said on its site.

MacDailyNews Take: More red tape from the EU red tape generator.
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