As tech companies across the globe scramble to adapt to the EU’s new digital privacy law, they have one person they should thank. The regulation is the brainchild of one of the most controversial officials in Brussels: the European Commission’s recently appointed secretary-general, Martin Selmayr. When the General Data Protection Regulation (GDPR) comes into effect on May 25, it will be the most radical update of privacy protections in more than a generation. Companies will have to allow EU consumers to migrate their information to rival services or withdraw their data at any time. They will also have to alert privacy authorities within three days if their data is hacked. Failure to comply could result in fines of €20 million or 4 percent of global revenue, whichever is higher. The impact will be global, as companies craft their policies to avoid being shut out of a market of 500 million rich consumers. Already, Facebook has announced it intends to apply the … [Read more...] about The world’s most powerful tech regulator: Martin Selmayr
World telecom day
MINISTRY OF METEOROLOGY, ENERGY, INFORMATION, DISASTER MANAGEMENT, ENVIRONMENT, CLIMATE CHANGE AND COMMUNICATIONS (MEIDECC) REQUEST FOR EXPRESSION OF INTEREST INDIVIDUAL CONSULTANT National Telecommunications Advisor Pacific Resilience Program (PREP) Tonga Credit No: 5689 TO/Grant No: D078 TO Assignment Title: National Telecommunications Advisor Reference No.: PREP Tonga /CON17 The Government of Tonga has received financing from the World Bank toward the cost of the Pacific Resilience Program (PREP) and intends to apply part of the proceeds for consulting services for National Telecommunications Advisor. The Consultant service (“the Services”) includes providing technical advice in all aspects relating to the VHF Radio network for small fishing vessels, Marine Coastal Radio network, and Seismic Stations network. The Consultant is expected to provide 150 working days over 2 years’ period. The … [Read more...] about 4365 MEIDECC Nat’l Telecoms Advisor 10
Crude oil and global equity markets tumbled on Friday after U.S. President Donald Trump upped the ante in a trade dispute with China, reviving investor jitters about the impact a tariff war could have on the world economy. MSCI’s gauge of worldwide equity markets fell more than 1 percent and stocks on Wall Street skidded more than 2 percent after Trump threatened late on Thursday to add another $100 billion of tariffs on Chinese goods, Reuters reports. China warned it was fully prepared to respond with a “fierce counter strike” of fresh trade measures if the United States follows through on Trump’s latest threat. The U.S. equity rout picked up during a speech by Federal Reserve Chairman Jerome Powell in Chicago on the U.S. economy. Powell said it was too early to tell if the threatened tariffs would materialize or the effect they might have. “What Powell is signaling to market participants is that the Fed is not swayed or rattled by equity market … [Read more...] about News.Az — Your Window to the RegionOil price fall on world markets
Every year, an estimated $1trn is paid in bribes, with around $2.6trn stolen annually through corruption. Although definitive statistics are impossible because of the nature of the crime, it is believed that around 68% of countries worldwide have a serious problem with corruption.Here are the most corrupt countries, according to the latest Corruption Perceptions Index.1st: North Korea and Somalia (joint)Earlier this year, the BBC reported huge cases of corruption and voter intimidation in the parliamentary elections in Somalia, with some candidates offering bribes of up to £1m to secure votes.Although North Korea suffers large-scale corruption, South Korea has its problems too. In November, a scandal emerged surrounding the South Korean president Park Gun-hye, who isaccused by prosecutors of being involved in a scheme to pressure major companies to donate millions of dollars to funds controlled by a close friend.2nd: AfghanistanIn Afghanistan, one of the world's poorest countries, … [Read more...] about Which countries are the most corrupt in the world?
0 Comments Bali blocks smartphone access to internet to mark Day of Silence BelfastTelegraph.co.uk All phone companies in Bali have agreed to shut down the mobile internet for 24 hours to mark the country’s Day of Silence. https://www.belfasttelegraph.co.uk/news/world-news/bali-blocks-smartphone-access-to-internet-to-mark-day-of-silence-36699743.html https://www.belfasttelegraph.co.uk/news/world-news/article36699742.ece/6aaff/AUTOCROP/h342/bpanews_3b673206-ece8-4706-911e-b8d9bc2a0381_1 Email All phone companies in Bali have agreed to shut down the mobile internet for 24 hours to mark the country’s Day of Silence. The annual event is so sacred that even reaching for a smartphone to send a tweet or upload a selfie to social media could cause offence. But this year it will be nearly impossible to do that as the head of the Bali office of Indonesia’s ministry of communications, Nyoman Sujaya, said that telecoms firms had agreed to the 24-hour shutdown during … [Read more...] about Bali blocks smartphone access to internet to mark Day of Silence