GDPR turns 5: Meta has amassed €2.5B in fines — over 50% of the total

May25
by on May 25, 2023 at 4:40 pm
Posted In: Insider


GDPR turned five this week — and celebrated in customary style: by slapping Meta with another eye-watering fine. At a record-breaking €1.2bn, the punishment was the perfect self-gift for the EU regulation. For Meta, however, it marks another miserable anniversary. According to research by Privacy Matters, Mark Zuckerberg’s demonic brainchild has accrued over half of the €4bn in total GDPR fines. After amassing a staggering €2.5bn across seven separate penalties, it’s safe to say that Meta won’t be attending the birthday party. But it wasn’t likely to have got an invite anyway. The social media behemoth has been feuding with…

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Your next home could be 3D-printed. Here’s how

May25
by on May 25, 2023 at 5:00 am
Posted In: Uncategorized


Experts estimate around 60% of buildings that will exist in 30 years’ time have yet to be built. This equals constructing a city the size of Stockholm every week until 2050. However, the construction sector currently doesn’t have the people or the skills to deliver the infrastructure and homes we need at the pace required. But what if we could offload some of the work to robots?   Enter 3D concrete printing — an emerging technology that uses 3D printers to create all manner of structures, from bridges and sculptures to houses and even whole neighbourhoods. These huge printers work much…

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EU locks horns with Apple and Ireland in €14.3B tax battle

May23
by on May 23, 2023 at 2:37 pm
Posted In: Uncategorized


The EU is going head to head with Apple and Ireland once again in a high-stakes courtroom battle which could have a lasting impact on how multinational firms are regulated in the bloc.  EU competition regulators appealed to the European Court of Justice in Luxembourg today to override a lower tribunal decision and make Apple pay back Ireland €14.3bn in taxes plus interest.  The case is the most high-profile of EU watchdog chief Margrethe Vestager’s campaign against so-called ‘sweetheart’ deals that offer multinationals favourable tax terms in EU states. According to the Commission lawyer Paul-John Lowenthal, the outcome of the…

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EU fines Meta record €1.2B as feud over data transfers to the US escalates

May22
by on May 22, 2023 at 2:47 pm
Posted In: Uncategorized


In a seminal moment for international data flows, the EU has fined Meta a record-breaking €1.2bn for privacy violations. The penalty is the largest ever for a violation of GDPR, which was introduced to protect personal information. According to EU regulators, Meta broke the rules by transferring user data from the bloc to the US for processing. The Facebook owner made these transfers on the basis of standard contractual clauses (SCCs), which govern the flow of personal data. But an EU investigation determined that SCCs don’t provide enough protection from US surveillance. Andrea Jelinek, chair of the European Data Protection…

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Winds of change: New wind energy tech developed by European startups

May20
by on May 20, 2023 at 12:16 pm
Posted In: Uncategorized


People don’t just fly kites for fun. At a test site near Munich, engineers recently launched an electricity-generating, box-style kite fitted with small, wind-catching rotors. The contraption, tethered to the ground by a hefty cable, flew repeatedly in a predetermined figure of eight — its rotors spinning in the wind. “The wind speed is a couple of times higher than that a conventional wind turbine would see,” says Maximilian Isensee, chief executive of Kitekraft, explaining how the very movement of the kite itself boosts power generation. “That’s why we can get away with much smaller rotors.” The figure of eight…

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