Technologies
Europe seeks alignment with US on tech issues ahead of first trade council meeting
Europe is trying to find common ground with the US on issues such as AI, competition and taxation, EU Competition Commissioner Margrethe Vestager said Tuesday at a conference.
The US and Europe may soon be more in sync on tech issues, with the first meeting of the newly formed US-EU Trade & Technology Council due to take place Wednesday in Pittsburgh. In the run-up to the meeting, Margrethe Vestager, the European Competition Commissioner and VP of the EU’s digital project, expressed her hopes for the two powers to find alignment in areas including competition, AI and taxation.
Vestager, who spoke Tuesday at Vox’s Code Conference in Los Angeles, has garnered a reputation for being tough on big tech. That’s largely due to the hefty antitrust fines she’s handed out to tech giants, in particular Google and Amazon, as well as a major tax spat with Apple. Former US President Donald Trump viewed her as an enemy of both America and technology, but she professes to be a fan of both and sees a shared purpose with her current counterparts in the US.
Her «mission,» she said Tuesday at the conference, is «to make sure that technology serves us, not only as consumers but also as citizens.»
In many respects, Vestager’s reputation has also been shaped by the fact Europe has pushed ahead of the US in terms of regulating big tech. The most prominent example of that is the introduction of the General Data Protection Regulation in 2018, which saw an overhaul of Europe’s privacy laws to make them better fit the digital age. One of the law’s hallmark features was meant to be steep fines for tech giants who misuse consumer data. The GDPR has been criticized for not resulting in enough large fines for big tech, as well as being the cause of the large number of privacy pop-ups in the browsers of European web users.
Vestager on Tuesday conceded that improvements were necessary in those regards, but she ultimately defended the legislation, pointing to the broader impact it’s had on the global conversation around citizen’s digital rights.
«The main success of GDPR, is that now privacy is a thing,» she said. «If we had not passed this kind of legislation, I think we would still be in the dark.»
Vestager also noted that since first working with the US, she’s observed a major shift in thinking on the part of lawmakers in the country about privacy. The US isn’t alone in this, she added. «It’s only a question of time before you see … real alignments between democracies on this planet — Europe, the US, India, Canada, Australia, Japan,» Vestager said. «Everyone is now coming on board.»
Seeking alignment with the US was a common thread running through Vestager’s session at Code, as she expressed her hope of finding common ground with her peers in Washington, DC. It’s no secret that Europe and the US struggled to work together during Trump’s presidency. Tensions over taxation caused the US to implement tariffs on a number of major goods exported by Europe as individual countries sought to tax big American tech companies on a more regional basis.
«There has been a complete turnaround with the change of administration, when it comes to saying, It’s important that you pay your taxes,» Vestager said. She added that she hoped that an international agreement was imminent, for corporate taxation and the distribution of taxing rights, «so that businesses pay taxes where they create their value.»
Equally, Vestager said she felt the US and EU were increasingly aligned on competition matters based on President Joe Biden’s July executive order. Biden’s plan for «Promoting Competition in the American Economy» ordered the Federal Trade Commission to bar unfair methods of competition on internet marketplaces. It also seeks to restore Obama-era net neutrality rules and calls for greater scrutiny of mergers, singling out «dominant internet platforms.»
«That kind of signaling is what is encouraging everyone who thinks that fair competition should be the rule in the marketplace,» Vestager said.
One additional priority area for Vestager to coordinate on with the US in Wednesday’s meeting is artificial intelligence. Consumers are most familiar with AI in the form of Amazon’s Alexa, Google’s Assistant and Apple’s Siri, but AI goes beyond smart assistants. It can be used to digitally impersonate real people in the form of deepfakes and spread disinformation, but it’s also expected to transform the way we live.
«In order for that enormous potential to be unleashed, we need to be able to trust it,» Vestager said. This often hasn’t been the case, due to the number of instances in which the technology has been shown to hold bias, she added. «We need to move forward in democracies to change that, because otherwise, artificial intelligence will be turned against us.»
Technologies
Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market
Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market
Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 Wallet, Coinbase Web3 Wallet, OKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.
The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.
What’s next?
In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.
Why does this matter?
Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.
Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!
Technologies
Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon
Verum Token is now accessible for deposits and withdrawals on the Binance Wallet
Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.
Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.
With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.
About Binance
Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.
Technologies
Verum Messenger Update: New Levels of Security and Functionality
These privacy-oriented features make Verum Messenger one of the most secure and convenient messengers available today.
Verum Messenger, known for its commitment to privacy and innovation, has launched an update that enhances both user protection and performance. These privacy-oriented features make Verum Messenger one of the most secure and convenient messengers available today.
Key Updates in Verum Messenger:
- Control Over Message Forwarding and Copying
The new feature enables users to restrict the forwarding and copying of their messages. Now, the sender decides whether their messages can be copied or forwarded to others — an essential addition for those who value control over the spread of their information.
- Media Saving Settings for Private Chats
In one-on-one conversations, users now have the option to limit automatic media saving on their device. This feature is designed for those who prioritize privacy and prefer to keep sensitive photos and videos within the app itself.
- Message Deletion Timer
The self-destructing message feature is a crucial tool for communicating in high-privacy environments. Users can now set a timer to delete messages after a specific period, adding an extra layer of security to personal conversations.
- Enhanced Performance and Stability
In addition to these new features, Verum Messenger has boosted its performance, allowing for faster and more stable operation even under high usage. This improvement makes communication smoother, especially for those who rely heavily on the app for both work and personal needs.
Innovative Technologies for Your Convenience
Complementing this update, Verum Messenger also includes integration with Verum AI, a smart assistant that addresses everyday tasks right in the chat. The built-in eSIM and VPN allow users to connect to the internet and secure networks globally, providing complete freedom and safety.
Verum Messenger continues to be at the forefront of privacy and security, offering a reliable and user-friendly service for everyday communication.
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