Here are the editor's top picks for the week.
2019 Outlook: Europe set to usher in tougher laws aimed at big tech
Heading into 2019, the EU is considering a number of legislative proposals impacting the technology, media and telecommunication industries, including laws introducing new taxes on big tech companies and content quotas on streaming media giants. The policy proposals are not without pushback, however, with some big tech companies calling for a global solution versus state-by-state legislation.
Huawei executive arrest ups equipment cost uncertainty for some rural US telcos
As the effects of U.S. charges against an executive at Chinese telecommunications equipment supplier Huawei Technologies Co. Ltd. ripple through global markets, representatives of some small and midsize U.S. wireless carriers say an outright ban on Chinese equipment could be cost-prohibitive for their businesses. While U.S. officials have long cautioned companies against using telecommunications equipment from certain Chinese companies, citing national security concerns, a Federal Communications Commission proceeding indicates that some U.S. wireless carriers rely on Chinese equipment.
Research finds social media platforms omitted key info from Senate Russia probe
U.S. social media companies, including Facebook Inc. and Google LLC parent Alphabet Inc., omitted or misrepresented key information to U.S. officials researching the scope of Russian efforts to influence U.S. voters, according to research commissioned by the U.S. Senate Intelligence Committee. Two new reports released Dec. 17 found that the Russia-backed operations engaged in more expansive efforts to influence U.S. voters across a wider array of social media platforms than previously known, including Instagram Inc., which one report said saw much more engagement with Russian-generated content than Facebook itself.
CBS, Nielsen face contract expiration that could sever long-term relationship
CBS Corp. is contemplating ending its long-time relationship with measurement company Nielsen Holdings PLC after the parties' current contract expires Dec. 31, according to a source familiar with the negotiations. The expiring multiyear deal encompasses TV and other ratings for CBS (US), as well as its owned-TV stations among other properties.
Streaming giants Netflix, Amazon targeted under new EU digital tax laws
Europe's parliament voted by an overwhelming majority to extend the list of services that qualify for the region's proposed crackdown on tax avoidance to digital content providers. Lawmakers are pushing to have the laws approved by April 2019.