Big tech companies may leave the UK; Understand | Technology

After UK Take some steps especially towards technology Online Security Bill (“Online Security Act”, in free translation), big tech companies in the US can leave the country.

The Online Safety Act is due to be approved later this year and aims to protect minors online with specific rules on using and viewing content on social networks. Violators may be subject to financial penalties. Tech executives who break the rules can even face prison terms.

Additionally, the law intends to change the dynamics of encrypted messages. If approved, messages from apps like Share it They may be handed over to authorities if they are suspected of harming children or for reasons of national security. As reported by the BBC news agencyoh signal (an app similar to Meta) and WhatsApp itself threatened to pull out of the UK.

But something else is happening in the European country’s parliament. oh Digital Markets Bill (“Digital Markets Bill”, in free translation) The UK supervisory body selects large companies Amazon This is MicrosoftCertain rules must be followed, as well as penalties for non-compliance.

“There is a clear message here – the EU is a much more attractive place to start a business than the UK,” said Microsoft chief executive Bradford L. Smith said the Competition and Markets Authority (CMA) blocked Microsoft’s takeover. Activision BlizzardVideo game developer, company founded in 1975 by Bill Gates and Paul Allen.

The results were not well received in Silicon Valley, located in California, USA. “Anger is growing here about the UK and the European Union (EU) trying to regulate big tech… it’s seen as less ethical behavior and fueling jealousy and foreign competition,” tech expert Michael Malone.