The EU Passed New Tech Rules. That Was the Easy Part – Bloomberg Law

The EU has sweeping new tech rules—it just has to enforce them. But first…

Today’s must-reads:

• Oracle is cutting jobs in the US customer experience division
• Amazon said its carbon footprint grew 18% last year
• A Twitter shareholder is suing Elon Musk with a proposed class action

A beautiful piece of politics

Brussels is poised to become the big tech police after passing the Digital Markets Act and the Digital Services Act in July. The two landmark pieces of legislation have ambitious goals and steep penalties meant to loosen major tech companies’ grip on the digital market and …

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