Energy News
TRADE WARS
EU tech chief urges US cooperation as key decisions near
EU tech chief urges US cooperation as key decisions near
By Alex PIGMAN
Washington (AFP) May 16, 2025

EU digital policy chief Henna Virkkunen on Friday urged closer cooperation between the United States and Europe on tech regulation as Brussels finalizes investigations targeting US giants over violations of the bloc's rules.

"Big tech companies know that closer cooperation on regulation would benefit their businesses," Virkkunen told AFP after meeting with top Silicon Valley CEOs, including Meta's Mark Zuckerberg and Apple's Tim Cook.

Virkkunen's visit to Silicon Valley and Washington was the first since she took her position late last year and the first since President Donald Trump took office in January, taking a harsh line against European policies that he says punish the United States unfairly.

That hard line has been welcomed by some tech CEOs, most notably Meta's Zuckerberg, who has actively lobbied the White House to hit back at Brussels on European tech rules, equating them to tariffs that should be brought to the table in Trump's trade battles with Europe.

Virkkunen said Zuckerberg's lobbying Trump was "normal" from big companies that will always do what they can to defend their interests.

But "European rules...are the same for European companies, Asian companies, and US companies, so they are not trade barriers," she said.

On her US tour, Virkkunen was also meeting top US officials, many of whom slam the EU's landmark Digital Services Act as a form of government censorship.

The DSA requires companies to adequately police content online or face fines, potentially reaching up to 6 percent of a company's global annual revenue after a lengthy back and forth between Brussels and companies.

Virkkunen said Brussels' findings on investigations opened against Elon Musk-owned X, Meta and others would come soon.

- Lengthy investigation -

Her office has faced criticism in Europe that these probes have moved too slowly, perhaps delayed to avoid making waves with the Trump-led White House.

Virkkunen said that these 10 major investigations would be finalized "in the coming weeks and months... because they are starting to be at that stage."

Defending the long wait, Virkkunen said the coming decisions were the first under the DSA, "and that's why the legal and technical teams wanted to work very carefully and make sure that we always have a very strong legal basis when we are making decisions."

Despite the diplomatic turbulence that is likely to come from the results of the investigations, Virkkunen believes that both the United States and the EU would be better served by working more closely on setting rules governing big tech.

"Close cooperation would benefit both of us because for the US and tech companies, the European Union is the biggest external market. Many of them have many more users in the European Union than they have in the US," she added.

Virkkunen pointed to Meta, saying that the company had more users in Europe using Instagram, the photo-sharing app, than in the United States.

"If we are working together with the US, when we look at regulations and standards, what we are setting is the global scale, it would also be much easier for their companies to operate globally," she said.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
APEC trade ministers meet in South Korea amid US-China trade tensions
Jeju, South Korea (AFP) May 15, 2025
Trade ministers from the top economies that make up the Asia-Pacific Economic Cooperation, or APEC, began a two-day meeting in South Korea's Jeju island on Thursday, as trade cooperation falters globally. US President Donald Trump's tariffs and trade war with China has shaken the export-dependent Asia-Pacific region, and countries were vying to meet the US representative for trade talks on the sidelines of the summit. - What is APEC? - The 21-member APEC group includes Australia, Indonesia, ... read more

TRADE WARS
China Must Ramp Up Wind and Solar for 2035 Climate Targets

India steel plans threaten global emissions goals: report

How can India decarbonize its coal-dependent electric power system?

China first-quarter emissions fell despite rising power demand

TRADE WARS
Dongguk University Researchers Develop Scalable Zinc-Ion Battery Technology for Industrial Use

Battery giant CATL ends up more than 16% on Hong Kong debut

Chinese EV battery giant CATL aims to raise $4 bn in Hong Kong IPO

Fusion modeling breakthrough accelerates stellarator design and confinement accuracy

TRADE WARS
Trump shift boosts offshore wind project: New York governor

Norway's Equinor slams 'unlawful' halt to US wind farm

US halts Equinor's huge New York offshore wind project

Chinese energy giant Goldwind posts annual growth as overseas drive deepens

TRADE WARS
Helping Waterbirds and Floating Solar Energy Thrive Together

Turning light into usable energy

Rice engineers develop resonant energy system for more efficient solar desalination

China's Renewable Energy Shift Faces Sustainability Challenges

TRADE WARS
Ontario Approves Construction of GE Vernova Hitachi's BWRX-300 Small Modular Reactor

Vietnam signs nuclear power agreement as it seeks to rebalance US trade

Investment risk for energy infrastructure construction is highest for nuclear power plants, lowest for solar

Iran says open to regional nuclear fuel consortium

TRADE WARS
Europe's biggest 'green' methanol plant opens in Denmark

Biogas Production from Alfalfa Enhanced by Fruit Waste and Microbes

Bacteria breathe electricity unlocking bioenergy and clean tech potential

Difficult energy transition looms without major EU investment in biomass

TRADE WARS
'Leave our marshes alone': Iraqis fear oil drilling would destroy fabled wetlands

Hydrogen Exploration Blueprint for a Carbon-Free Energy Future

Indonesia inaugurates $600m oil and gas projects

Efficient Green Hydrogen Production from Urine

TRADE WARS
COP30 can be a turning point in climate fight, says president

Global temperatures stuck at near-record highs in April: EU monitor

Scientists team up to publish climate assessment gutted by Trump

UK 'not ready' for effects of climate change, experts warn

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.