WhatsApp and Signal survive EU chat control bill — For now
- Belgian Presidency Drops Plans to Scan Messaging Apps: The Belgian presidency of the Council of the European Union has abandoned proposals to scan messaging apps like WhatsApp and Signal.
- Chat Control 2 Legislation: The Chat Control 2 proposal aimed to use AI to scan user messages for child sexual abuse material (CSAM) but faced opposition and was not supported enough to pass.
- Concerns Raised by Experts: Matthew Nimerg criticized the legislation, stating it could infringe on citizens' rights and be more invasive for regular users than criminals.
- Compromises and Mission Creep: The EU chat control legislation has evolved over time, with initial broader powers scaled back to scanning images, videos, and URLs only with user consent.
- Comparison to U.K. Legislation: The EU bill reflects a trend towards government overreach similar to the U.K.'s Online Safety Bill, which raised concerns about privacy erosion and potential expansion into other areas.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00934 | 0.0149 | 0.02 | 0.0256 | 0.0307 | 0.0363 | 0.0414 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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