(Reuters) – Microsoft Corp and Facebook Inc have agreed to jointly build a sub-sea cable across the Atlantic Ocean to meet growing demand for high-speed cloud and online services.
The construction of the new “MAREA” cable will begin in August and it is expected to be completed in October 2017, the companies said in a statement on Thursday.
The 6,600 kilometer cable, the first to connect the United States with southern Europe, will be operated and managed by Telefonica SA’s telecoms infrastructure unit Telxius.
The cable is initially designed to carry 160 terabits of data per second, the companies said.
The move comes nearly two years after Google Inc, which is now Alphabet Inc, agreed with five Asian companies to invest about $300 million to develop and operate a trans-Pacific cable network connecting the United States to Japan. (http://reut.rs/1P0LEvN)
(Reporting by Kshitiz Goliya in Bengaluru; Editing by Kirti Pandey)
The Australian Competition and Consumer Commission (ACCC) on Monday proposed measures to counter the dominant market positions of Google and Facebook and strengthen monitoring on their access to information, advertising and consumers personal data.
The regulatory body, which recommended 11 preliminary measures in the report, was directed to conduct a public inquiry into the impact of digital search engines, social media platforms and other digital content in 2017 by then treasurer and current Prime Minister Scott Morrison.
“Acting as an intermediary between consumers and news outlets, platforms are inherently influential in shaping consumers’ choices of digital journalism,” said the report cited by Efe news.
This influential position and filtration of news items could place the consumer in a so-called filter bubble, increasing the risk of consumers being exposed to unreliable news, according to the report.
“The algorithms operated by each of Google and Facebook, as well as other policies, determine which content is surfaced and displayed to consumers in news feed and search results,” it said.
“The ACCC considers that the strong market position of digital platforms like Google and Facebook justifies a greater level of regulatory oversight,” Chair Rod Sims said.
The commission called for the creation of a regulatory authority with powers to monitor these digital platforms and recommended establishing an automatic mechanism to take down content that violates copyright.
The ACCC said consumers should be informed about the manner in which these platforms collect and use their data to create personalized advertising.
This would include a reform of privacy laws to require the user’s express consent to data collection and “enable consumers to require erasure of their personal information where they have withdrawn their consent”.