Norway fines Meta 1 MILLION crowns per day over data harvesting for behavioural ads

Aug08
by on August 8, 2023 at 12:57 pm
Posted In: Uncategorized


Meta’s litany of European privacy sanctions in 2023 just got a little longer. After a €390mn fine for illegal personalised ads, another €5.5mn hit for similar violations in WhatsApp, and a GDPR record €1.2bn for unsafe data transfers, this week yet another punishment arrived — and the sentence did not disappoint. Norwegian regulators have demanded a gloriously round figure that would make Dr Evil proud: 1 MILLION crowns (€89,000) per day. The penalties are due to begin on August 14, but Meta wants a temporary injunction against the order, Reuters reports. The ruling follows news last month that Norway will temporarily…

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Aerospace tech company to issue contrail reduction ‘credits’

Aug07
by on August 7, 2023 at 12:57 pm
Posted In: Insider


UK-based aerospace software startup ZEROAVIA announced today that sustainability certification body Gold Standard has approved its methodology concept to issue what could be referred to as “contrail credits.”  Rather than offsetting carbon emissions directly (like carbon credits), they will offer an avenue for airlines to “make up” for the warming effects equivalent to that of carbon dioxide, by mitigating the non-CO2 climate impact of air travel.  Everyone knows that aeroplanes emit copious amounts of CO2 (whether that causes any changes to our flying habits is another matter). However, aviation’s climate impact goes far beyond carbon dioxide.  Research has found that…

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Adopting robots makes profits drop before they rise, study finds

Aug04
by on August 4, 2023 at 2:23 pm
Posted In: Future of Work, Insider


As demand for industrial robots surges, new research suggests the rewards are slow to materialise. According to the Cambridge University study, robots typically cause early losses before they can yield a payoff. The researchers analysed industry data across 25 EU countries between 1996 and 2017. They found that when adoption levels are low, robots can have a negative effect on profit margins. As the uptake increases, however, automation drives the profits higher. This U-shaped effect was attributed to the integration process. At first, businesses using robots typically tend to focus on streamlining operations — an expensive and laborious task. But when automation…

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Airbus joins transatlantic mission to build ISS replacement

Aug03
by on August 3, 2023 at 4:22 pm
Posted In: Insider


As the International Space Station approaches retirement, a transatlantic team is creating a replacement: Starlab. Airbus and US startup Voyager this week announced a joint venture for the project. The two companies will develop, build, and operate Starlab, which aims to further unite the US and Europe in space. “This pioneers continued European and American leadership in space that takes humanity forward,” said Jean-Marc Nasr, Head of Space Systems at Airbus. “Together our teams are focused on creating an unmatched space destination both technologically and as a business operation.” The US-led venture plans to produce a commercial successor to the…

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France’s AFP sues Twitter over non-payments for displaying news

Aug03
by on August 3, 2023 at 12:02 pm
Posted In: Insider


A bad week for Elon Musk just got even worse. After enduring a scandal over Tesla’s driving ranges, a risible rebrand of Twitter, and a divisive feud with hate-speech researchers, Musk discovered yet another powerful enemy: Agence France-Presse (AFP). The French news agency announced on Wednesday that it’s suing X — Musk’s new name for Twitter — over alleged non-payments for displaying AFP content. The case stems from EU copyright reforms that became French law in 2019. Under the legislation, online platforms must remunerate publishers for distributing their content. The rules have proven controversial. Media outlets argue that their news provides…

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