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Computerworld.com reported that “The funds will be used for the development of four ‘gigafactories’ with 100,000 state-of-the-art chips, among other projects.” The February 11, 2025 article entitled “EU seeks to invest €200 billion in AI” (https://www.computerworld.com/article/3822129/europe-to-mobilize-200-billion-euros-to-gain-competitiveness-in-artificial-intelligence.html)  included these comments:

The European Commission announced the mobilization of €200 billion…

Continue Reading No surprise, the EU plans to invest  €200 billion in AI!

Computerworld.com reported “Data protection authorities in Europe imposed fines amounting to €1.2 billion last year according to the seventh edition of commercial law firm DLA Piper’s GDPR Fines and Data Breach Survey.  For the period since January 28, 2024, this represents a decrease of 33 percent compared to the…

Continue Reading GDPR fines for 2024 were more than €1.5 billion, but penalties appear to be in a decline in early 2025!

GovInfoSecurity.com reported that “European privacy regulation – bane of American technology companies and a favorite cudgel of activists – came to haunt no less an organization than the European Commission, which must pay 400 euros to an aggrieved German national.”  The January 8, 2025 article entitled “European Court Fines European…

Continue Reading Is this odd or what? The EU Court ordered the European Commission to pay a fine for sharing an IP Address!

GovInfoSecurity.com reported that “European lawmakers and officials announced a compromise late Friday over a regulation on artificial intelligence in the works since 2021, making the trading bloc first in the world to comprehensively regulate the nascent technology.”  The December 8, 2023 report entitled “Europe Reaches Deal on AI Act, Marking…

Continue Reading What do you think of the new EU AI Act?

GoveInfoSecurity.com reported that “A Norway court sided with the country’s data protection authority in a battle against Facebook over surveillance based-ads, ruling that the agency has the authority to tell the social media giant to temporarily halt behavioral tracking without explicit consent or face daily fines.”  The September 8, 2023…

Continue Reading Facebook in trouble with Norway courts for surveillance based-ads!

BankInfoSecurity.com reported that “The latest development comes on the heels of a European Commission proposal Wednesday for a single currency, called the Digital Euro, that will be accepted across the EU. The new currency, issued by the European Central Bank, would “work like digital wallet,” the commission said, but members…

Continue Reading Are you ready for Digital Wallets in the EU?