EU PROPOSES DIGITAL FAIRNESS ACT FOR TECH REGULATION
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
The European Union is advancing a Digital Fairness Act to strengthen online consumer protections and establish stricter rules for big tech companies. EU Commissioner Michael McGrath outlined the initiative as part of a broader transatlantic approach to regulating the sector.
■ MORE FROM THE BIG TECH DESK
Microsoft will begin publicly reporting Azure cloud revenue each quarter, revealing the business unit generated $29.42 billion in Q4 with 42% year-over-year growth.
Frank Rohmund, CEO of Zeiss SMT, estimates China needs 15 years to develop EUV lithography machines. The German supplier to ASML warned that additional export controls may accelerate rather than hinder Beijing's innovation efforts.
Amazon has increased prices on Kindles, Echo speakers, Eero routers, and Fire TV devices ahead of the 2026 holiday season. The price hikes position these products for larger discount announcements during peak shopping periods.
TikTok declined to attend a House Select Committee on China meeting scheduled to discuss national security concerns, citing unrelated child-safety litigation as the reason.