Tag: Data

EU Slaps $1.3B Fine on Meta for Violating GDPR EU User Data Protection Laws

On Monday, the EU imposed a record $1.3 billion fine on social media giant Meta for transferring EU user data to the US.  Meta Platforms Inc (NASDAQ: META) recently incurred a record 1.2 billion euros ($1.3 billion) fine from the European Union (EU) for privacy violations. European privacy regulators alleged that the Facebook parent unlawfully transferred data from European users to the US. The Irish Data Protection Commission (DPC), which announced the penalty, also ordered Meta to cease the further transfer of EU user data to the US. However, Meta said it would…

Apple Bans Use of ChatGPT by Staff, Fearing Data Leaks

With increasing concern over data leaks, AI tool makers are working to assure concerned users that their data is safe. Apple has banned the use of the AI tool ChatGPT among its employees in a bid to prevent data breaches and leaks. This was reported by the Wall Street Journal, which cited an internal memo from the company. Apple and Other Companies Are Concerned about Data Safety The restriction makes Apple one of several businesses that are limiting the use of the software by some of its workers. The release…

Elon Musk’s Lawyer Sends Letter to Microsoft CEO due to Abusing Twitter’s Data Access

The letter did not mention a lawsuit, however, Musk threatened to seek legal redress if there is such a need when he first mentioned this violation back in April. There appears to be a subtle data war brewing between Twitter Inc and American tech giant Microsoft Corporation (NASDAQ: MSFT). This claim stems from the letter sent by Elon Musk’s personal lawyer Alex Spiro to Microsoft CEO Satya Nadella over the misuse of access to social media’s API. The Issue at Hand The news was first reported by the New York…

Apple bans ChatGPT use for employees over fear of data leaks

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The “Big Tech” giant Apple, has restricted company usage of the widely popular artificial intelligence (AI) chatbot ChatGPT as it fears its sensitive data could be compromised. A report by the Wall Street Journal revealed that an internal document to Apple employees has banned the usage of Microsoft-backed ChatGPT and similar AI tools while the company is in the process of developing its own AI technology. According to the document, the iPhone developer is concerned about workers using the programs and exposing confidential company information.  It also mentioned a restriction…

Bitcoin might be on the verge of bull run, data suggests

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) is currently stuck in a bearish storm that started at the beginning of this month. Following four months of consistent gains this year, bitcoin began May on a bearish note. However, key historical data suggests the asset might be on the verge of a bull run in the long term. Philip Swift, the founder of BTC data resource LookIntoBitcoin, and behavior analytics platform Santiment, recently highlighted this looming bull run. Both entities cited historical…

BTC, ETH Consolidate Ahead of US Retail Sales Data – Market Updates Bitcoin News

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Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum remains above the $1,800 level. Bitcoin Bitcoin (BTC) consolidated in today’s session, as markets were preparing for the release of the latest U.S. retail sales figures. As inflation falls, sales for April are expected to rise by 0.8%, following two consecutive months of declines. Following an earlier high of $27,646.35, BTC/USD slipped…

China’s Economic Data Missed Broad Expectations amid Wobbled Recovery

China’s economic outlook also affected the stocks of some of the top companies in the country. China’s economic recovery has been faced with a lot of strain in its attempt to return back to winning ways as marked by growth, however, recent data points that the economy has continued to miss broad expectations. As reported by CNBC, economic data from Reuters proved that the COVID-19 restrictions that were in place for the better part of last year had more impact than previously envisaged. Per the data, the month of April…

Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal

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