EU Targets Cloud Services, Bitcoin Loot Confiscated

by Marcus Liu - Business Editor
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After global outages of cloud services in recent months, the European Union’s competition watchdogs now want to take a closer look at the market power of leading cloud providers. there are stricter requirements and high fines in the room. A cyber fraudster who was sentenced to several years in prison in the USA and who hijacked the Twitter accounts of Elon Musk and Barack Obama, among others, has now lost the Bitcoin he stole. The British judiciary ordered a confiscation.And Wi-Fi will lose out to mobile communications when it comes to future use of the upper part of the 6 GHz band in the EU – the most crucial reports at a glance.

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Google Cloud disruptions in the US affected numerous internet services in June. An AWS cloud outage lasting several hours last month at one of Amazon Web Services (AWS) core sites in the United States plunged hundreds of companies into problems. Amazon’s streaming offers or the Messenger Signal were due not accessible or only accessible to a very limited extent. And a week later, Microsoft also had Azure struggling with a failure.The disruptions caused them Risks of addiction from just a handful of cloud providers. Now the cloud services AWS, Azure and Google Cloud may be threatened Requirements under the European Digital Markets Act (DMA). Lead the EU antitrust authorities a market examination a. Digital Markets Act: EU targets cloud power of US tech companies

In July 2020,the Briton Joseph James O’Connor and accomplices got hold of him unauthorized access to an administration program for the short message service Twitter (now X). This way they could Tweets in someone else’s name put down, underneath Accounts of Joe Biden, Bill Gates or Kim Kardashian. They asked followers to transfer Bitcoin and promised quick wealth. O’connor was born the following year arrested in Spain, delivered to the USA and there sentenced to five years in prison. Now the British public prosecutor’s office confiscated Bitcoin worth several million euros from the coup. British Twitter fraudster must pay back stolen Bitcoin

The upper part of the 6 GHz band (6425 to 7125 MHz) is highly sought after because it a large “data highway” represents both for new Mobile standards such as 6G as well as for powerful, wireless local area networks (WLAN) is urgently needed. Furthermore, it is the only remaining large frequency part

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