warns

“EDPS Alerts: Europe’s Privacy Principles Threatened by Rapid AI Advancements”

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The European Data Protection Supervisor (EDPS) has warned key planks of the bloc’s data protection and privacy regime are under attack from industry lobbyists and could face a critical reception from lawmakers in the next parliamentary mandate. Any shift of approach by incoming lawmakers could have implications for the bloc’s high standard of protection for people’s data. But he particularly highlighted industry lobbying, especially complaints from businesses targeting the GDPR principle of purpose limitation. Wiewiórowski did not explicitly blame generative AI for driving the “strong attacks” on the GDPR’s purpose limitation principle. So any AI-driven weakening of EU data protection laws in the near term is likely to have long term consequences for citizens’ human rights.

X cautions about potential loss of followers due to another bot sweep

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X warns that you might lose followers as it does another bot sweepX is warning users they may see a reduction in their follower counts as the company attempts to clear the network of some spammers and bots in a large sweep. Today, we're kicking off a significant, proactive initiative to eliminate accounts that violate our Rules against platform manipulation and spam. While we aim for accuracy in the accounts we remove, we're casting a wide net to ensure X remains secure and free of bots. But these days, Musk is touting how X is seeing record traffic, without clarifying if his own numbers include bots and spam. X also shared a link to a form where users inadvertently affected by the bot sweep could appeal.

Fujitsu, Renowned Tech Company, Admits to Hacking Incident and Issues Data Breach Alert

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Multinational technology giant Fujitsu confirmed a cyberattack in a statement Friday, and warned that hackers may have stolen personal data and customer information. Fujitsu also did not say what kind of personal information may have been stolen, or who the personal information pertains to — such as its employees, corporate customers, or citizens whose governments use the company’s technologies. Headquartered in Japan, Fujitsu has about 124,000 employees and serves government and private sector customers globally. Fujitsu said it reported the incident to Japan’s data protection authority, Personal Information Protection Commission, “in anticipation” that personal information may have been stolen. The company has not said whether it has filed required data breach notices with any other government or authority, including in the United States.

“Record Breaking Bitcoin: Surging to $72,700 Amidst Warnings of ‘Extreme Greed’ in Market Index”

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Bitcoin has increased 9.5% in the past seven days and is up 50% on the month, according to CoinMarketCap data. There is, of course, no way of telling how high bitcoin can rise during the current bull frenzy. The CoinMarketCap Crypto Fear & Greed Index is in “extreme greed” territory at 89.12 points, up from “neutral” at 59.3 points, in early February. The index measures price and trading data of the biggest cryptocurrencies, with its user behavior data to measure crypto market sentiment from 0-100. The last bitcoin halving was on May 11, 2020 and drove its price up about 600% from around $9,000 to $63,000 by the April 2021 mark.

“Google Issues Warning to 10 Indian Companies for Avoiding Play Store Fees, Threatens App Removal”

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Google said on Friday it will start removing apps from its Play Store in India if developers fail to comply with its payment policy, taking a definitive stand weeks after the top Indian court granted the Android-maker with relief. Without naming them, Google said 10 companies in India, including “many well-established ones,” have not paid Google Play’s fee despite being provided with three years to prepare. “After giving these developers more than three years to prepare, including three weeks after the Supreme Court’s order, we are taking necessary steps to ensure our policies are applied consistently across the ecosystem, as we do for any form of policy violation globally,” the company wrote in a blog post. “Enforcement of our policy, when necessary, can include removal of non-compliant apps from Google Play.”This is a developing story. More to come.

Google CEO Sundar Pichai Announces Additional Layoffs

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After laying off over 1,000 workers across divisions last week and cutting 100 jobs at YouTube, Google CEO Sundar Pichai sent a memo to its staff warning more layoffs are expected this year. Pichai’s memo said the company will have to make “tough choices” to meet its ambitious goals, as reported by The Verge. But I know it’s very difficult to see colleagues and teams impacted,” he said in an email to staffers. At the time, the company also confirmed to TechCrunch that Fitbit co-founders James Park and Eric Friedman were leaving the organisation. On Wednesday, Google laid off 100 YouTube staffers as part of reorganisation.