The US may be plodding its way through potential tech regulations, but across the pond in the European Union, regulators continue to charge headfirst into reining in tech.

After landmark legislation—like the General Data Protection Regulation (GDPR), which went into effect in 2018—and the Digital Services Act, which gained final approval at the beginning of the month, the EU is now turning its attention to the many devices that make up the internet of things.

The European Commission proposed the Cyber Resilience Act in mid-September, which would mandate stronger cybersecurity protections for IoT devices.

• Specifically, connected device makers would be required to inform authorities and customers alike in the event of a cyberattack and have the capacity to quickly address incidents.

Why it matters: The law would be the EU’s first cybersecurity regulation for the IoT industry, which the proposal estimates is worth nearly €1.5 trillion.

If the bill does pass, it would have implications for multinational companies operating in the EU, and it could potentially help lead to similar measures in the US, per Madeline Cheah, principal security technologist at technology consulting firm Cambridge Consultants, like what happened with California’s GDPR-inspired privacy law.

But ultimately, Cheah said regulations like this can give much-needed clarity to companies looking to invest in cybersecurity. Click here to keep reading this story.—JM

Much like stand-up comedy, e-commerce is all about nailing the delivery. That’s why retailers have execs whose job it is to make the shipment process as quick, easy, and cheap as possible.

There are a lot of ways to do that, and they’re not always simple, so Retail Brew caught up with delivery heads from Kroger, Shein, and Walmart to share how they’re delivering on their top priorities.

George Chiao, president of US operations, Shein

As its popularity grows stateside, Chinese fast-fashion retailer Shein is zooming in on localization, George Chiao, its president of US operations, told us.

• The company recently opened a 600,000-square-foot distribution center in western Indiana, he noted, which is working to expand to 1.5 million square feet and will be adding more mechanization and automation.
• Plus, early next year, it’s opening a 1.8-million-square-foot facility in Southern California. A center in the Northeast will likely follow, he said.

Read the full piece on delivery, which touches on drones, EVs, automation, and more.—EC

Coworking is a weekly segment where we spotlight Emerging Tech Brew readers who work with emerging technologies. Click here if you’d like a chance to be featured.

How would you describe your job to someone who doesn’t work in tech?

I work with a long list of global mobility and cleantech companies to translate and distill complex technical information into easily digestible messaging. My role is to help the general public, journalists, and potential partners understand my clients’ technology, its applications, and its benefits.

My primary focus is the intersection of transportation and technology, categorized as “mobility,” and my clients often are mission-driven organizations working to create sustainable transportation solutions. I work alongside industry leaders focused on electric vehicle (EV) charging solutions, autonomous trucking, EV battery technology, incubators, accelerators, manufacturing, robotics, and more, to tell their stories.

What’s the best piece of tech-related media you’ve read/watched/listened to?

I love a good podcast. I’m a big fan of Autonocast and the Future of Mobility—I also recently launched my own podcast, Today in Mobility.

As far as books, I think everyone should read “Invisible Women: Data Bias in a World Designed for Men” by Caroline Criado Perez and “Women Driven Mobility: Rethinking the Way the World Moves” by my two good friends, Katelyn Shelby Davis and Kristin Shaw.

One thing we can’t guess from your LinkedIn profile?

I am actively working to visit every US national park—I’ve visited 17 in the last three years (my dogs have visited five). I also have 23 bicycles and a full bike shop in my basement.

Stat: TSMC now expects to spend 10% less on capital expenditures in 2022 than it did in July, per its Q3 earnings. The company initially forecast $40 billion–$44 billion in capex for the year, and now has lowered estimates to ~$36 billion as chip demand plummets.

Quote: “We hope we can resolve these issues before they become disputes.”—European Commission Vice President Valdis Dombrovskis, on talks to make EU-based automakers eligible for benefits introduced by the Inflation Reduction Act

Read: The airline-5G tussle is not necessarily over yet—pilots think the tech could be interfering with their altimeters.

Communicate: CFOs are all about the numbers, but soft skills (or lack of ’em) can make or break your financial leadership. Learn which 4 skills are most in demand in Oracle NetSuite’s new business guide.*

^{*This is sponsored advertising content.}

Time to strap on that thinking cap and think…all the way back to last week’s tech news.

Click here to take this week’s news quiz.

Catch up on the top Emerging Tech Brew stories from the past few editions:

• This startup thinks IoT devices can help with wildfire detection
• Why Betterment’s robo-advisor doesn’t use AI
• How Aalyria rose from the rubble of Alphabet’s high tech experiments