Latest news with #MeikeKamp
Yahoo
20 minutes ago
- Business
- Yahoo
DeepSeek under scrutiny in Germany, AI tokens falter
DeepSeek under scrutiny in Germany, AI tokens falter originally appeared on TheStreet. The AI crypto industry was shaken on June 28, with the market cap decreasing by 1.97% in the last 24 hours to $26.92 billion. Overall traded volume was up more than 30% and indicated increased volatility. Bitcoin maintained a level of stability, trading at $107,036.51 and down only 0.31% on the day. The decline deepened following the news that Germany's top privacy regulator had officially declared the Chinese AI chatbot DeepSeek "illegal". The regulator invoked the EU's Digital Services Act and warned Apple and Google to remove DeepSeek from their app stores or face consequences, according to Bloomberg. After the Chinese app refused to cooperate, the Berlin agency used the EU's Digital Services Act, which requires internet platforms like Apple and Google to remove illegal content. DeepSeek was also developed in Hangzhou in January of 2025. It shocked the tech industry with the R1 model, a lean but powerful large language model. However, Meike Kamp, Berlin's privacy watchdog, explained that "Chinese authorities have extensive rights to access personal data" and indicated that the app did not comply with the standards set out in EU data protection regulatory action sparked immediate anxiety in the AI and crypto space. Short-term charts show erratic swings from various AI-linked tokens. Virtua Protocol (VIRTUAL) was down over 15% over the past week and only showed a minor daily rebound to close the week, while other tokens like ai16z and PAAL AI were down over 9% over the week. Larger-cap players like Render (RENDER) and NEAR Protocol also had downward action. Former Binance CEO Changpeng Zhao (CZ) offered a pointed criticism, saying, "Too many AI agent developers focus too much on their token and not enough on the agent's usefulness,' on April also suggested, at the Token2049 summit, that crypto would eventually be the financial backbone of AI agents — "crypto is going to be the currency for AI" — but added it needed product-market fit, not hype-driven token launches. With Grok 4 also anticipated from Elon Musk's xAI post-July 4, the AI token market may continue to be erratic as narratives collide with regulations. DeepSeek under scrutiny in Germany, AI tokens falter first appeared on TheStreet on Jun 27, 2025 This story was originally reported by TheStreet on Jun 27, 2025, where it first appeared. Sign in to access your portfolio
New York Post
an hour ago
- Business
- New York Post
Germany asks Apple, Google to block Chinese AI firm DeepSeek from app stores over ‘unlawful' data transfer
A top regulator in Germany asked Google and Apple on Friday to remove Chinese AI startup DeepSeek from their app stores in their country due to data privacy concerns. Meike Kamp, Germany's data protection commissioner, said in a statement that DeepSeek's transfer of German user data to servers based in China was 'unlawful.' 'DeepSeek has not been able to provide my agency with convincing evidence that German users' data is protected in China to a level equivalent to that in the European Union,' Kamp said in a statement. DeepSeek stores data on China-based servers. AP 'Chinese authorities have far-reaching access rights to personal data within the sphere of influence of Chinese companies,' she added. Kamp advised the two Big Tech giants to review her request promptly and decide whether to ban the DeepSeek app, though her office did not set a deadline. She noted that DeepSeek had not complied with requests to meet the European Union's data privacy standards. Representatives for Apple and Google did not immediately return a request for comment. DeepSeek exploded onto the scene in January and briefly caused a major tech stock selloff after it released an AI model that it claimed to have trained at a fraction of the cost of rivals like OpenAI's ChatGPT – and without access to the most advanced computer chips. As The Post has reported, DeepSeek's own terms of service disclose that user data is stored 'in secure servers located in the People's Republic of China' – posing the same national security risk that led Congress to crack down on ByteDance-owned TikTok. The company also says it automatically collects data on personal information such as 'device model, operating system, keystroke patterns or rhythms, IP address, and system language.' DeepSeek has already faced a crackdown in both the US and Europe. REUTERS In March, the Wall Street Journal reported that the Trump administration was 'likely' to ban the DeepSeek app from government devices. Elsewhere, New York state has already instituted a ban from government devices and networks due to 'serious concerns' over data privacy and censorship risks. In Europe, Italy has blocked DeepSeek from its app stores. The Netherlands nixed it from government devices. With Post wires
Miami Herald
2 hours ago
- Business
- Miami Herald
Germany seeks to block Chinese DeepSeek AI over privacy
June 27 (UPI) -- German officials on Friday raised the alarm over the spying capabilities of Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Company, calling on Apple and Google to consider blocking access to the app. Berlin Commissioner for Data Protection and Freedom of Information Meike Kamp said in a statement, the watchdog believes DeepSeek is illegally sending user data to China. Germany is the latest country to raise concerns over DeepSeek's data practices, after Italian officials earlier this year called on that country's government to block the Chinese AI company's access to Italy. Italy opened an investigation after DeepSeek officials did not supply required documentation to regulators. In February, South Korea took similar steps, banning downloads of DeepSkeek over data privacy concerns. "DeepSeek's transfer of user data to China is unlawful. DeepSeek has not been able to convincingly demonstrate to my authority that German users' data in China is protected to a level equivalent to that of the European Union." Kamp said in the agency's statement Friday. "Chinese authorities have far-reaching rights of access to personal data within the sphere of influence of Chinese companies. Furthermore, DeepSeek users in China do not have the enforceable rights and effective legal remedies guaranteed in the European Union. I have therefore informed Google and Apple, as operators of the largest app platforms, of the violations and expect a timely consideration of a blocking." DeepSeek does not have an office located inside the European Union, while the app itself is available for download from the Google Play Store and Apple's App Store. The watchdog said the company is required to abide by the European General Data Protection Regulation, adding Google and Apple "must now promptly review the report and decide whether to block it." Kamp said after notifying Google and Apple, he expects "a timely consideration of a blocking" of DeepSeek from both of the American tech giants. DeepSeek gained prominence when it began using less-advanced microprocessing chips produced by American tech firm Nvidia to produce its AI platform at a much cheaper price point than competitors. Copyright 2025 UPI News Corporation. All Rights Reserved.
Time of India
3 hours ago
- Business
- Time of India
Germany to Apple, Google: Block DeepSeek from app stores because…
A German data protection watchdog has asked Apple and Google to block the Chinese artificial intelligence service DeepSeek from their app stores, a report claims. The regulator has alleged that DeepSeek's app illegally transmits user data to China. According to a report by CNBC, Meike Kamp, Berlin's data protection commissioner, has alleged that DeepSeek's transfer of German user data to China is 'unlawful.' DeepSeek gained attention earlier his year after launching an AI model that it claimed to have developed at a significantly lower cost than rival models, utilising less advanced Nvidia chips. The company also offers its global chatbot AI app, which has been downloaded millions of times, drawing scrutiny. As per the report, experts suggest that if the German case against DeepSeek advances, it could potentially result in an EU-wide ban for the app. What German regulators said about DeepSeek 'DeepSeek has not been able to convincingly demonstrate to my authority that the data of German users is protected in China at a level equivalent to that of the European Union. Chinese authorities have extensive access rights to personal data within the sphere of influence of Chinese companies,' German regulator Kamp said (translated by CNBC). Under the European Union's General Data Protection Regulation (GDPR), companies are not allowed to transfer data outside the region unless appropriate safeguards are in place in the destination countries that align with GDPR standards. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending Local Enterprise Accounting Software [Click Here] Accounting ERP Click Here Undo The Berlin data protection commissioner is specifically concerned that German user data sent by DeepSeek to China could be accessed by Chinese authorities. The Berlin data watchdog also noted that it had notified Apple and Google about the alleged violations and expects the two US tech companies to conduct a "timely review" to determine whether the app should remain on their platforms. However, the report didn't mention whether Google and Apple will act on the request. Google Search AI Mode launched in India: Does it really make your search smarter? AI Masterclass for Students. Upskill Young Ones Today!– Join Now
CTV News
4 hours ago
- Business
- CTV News
DeepSeek faces ban from Apple, Google app stores in Germany
The smartphone app DeepSeek page is seen on a smartphone screen in Beijing, Jan. 28, 2025. (AP Photo/Andy Wong, File) FRANKFURT — Germany's data protection commissioner has asked Apple and Google to remove Chinese AI startup DeepSeek from their app stores in the country due to concerns about data protection, following a similar crackdown elsewhere. Commissioner Meike Kamp said in a statement on Friday that she had made the request because DeepSeek illegally transfers users' personal data to China. The two U.S. tech giants must now review the request promptly and decide whether to block the app in Germany, she added, though her office has not set a precise timeframe. DeepSeek did not respond to a request for comment. Apple and Google were not immediately available for comment. According to its own privacy policy, DeepSeek stores numerous pieces of personal data, such as requests to its AI program or uploaded files, on computers in China. 'DeepSeek has not been able to provide my agency with convincing evidence that German users' data is protected in China to a level equivalent to that in the European Union,' Kamp said. 'Chinese authorities have far-reaching access rights to personal data within the sphere of influence of Chinese companies,' she added. The commissioner said she took the decision after asking DeepSeek in May to meet the requirements for non-EU data transfers or else voluntarily withdraw its app. DeepSeek did not comply with this request, she added. DeepSeek shook the technology world in January with claims that it had developed an AI model to rival those from U.S. firms such as ChatGPT creator OpenAI at much lower cost. However, it has come under scrutiny in the United States and Europe for its data security policies. Italy blocked it from app stores there earlier this year, citing a lack of information on its use of personal data, while the Netherlands has banned it on government devices. Belgium has recommended government officials not to use DeepSeek. 'Further analyzes are underway to evaluate the approach to be followed,' a government spokesperson said. In Spain, the consumer rights group OCU asked the government's data protection agency in February to investigate threats likely posed by DeepSeek, though no ban has come into force. U.S. lawmakers plan to introduce a bill that would ban U.S. executive agencies from using any AI models developed in China. Reuters exclusively reported this week that DeepSeek is aiding China's military and intelligence operations. --- Reporting by Hakan Ersen, Miranda Murray, Charlotte van Campenhout, David Latona; Writing by Matthias Williams; Editing by Mark Potter
