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Added on the 08/05/2019 15:10:31 - Copyright : AFP EN
Google's annual I/O developer conference will take place May 18-20 at Shoreline Amphitheater, near the company's Mountain View, California, headquarters. The event has previously been held at San Francisco's Moscone Center. Google CEO Sundar Pichai announced the dates and venue change in a tweet Tuesday, saying the company would be bringing the annual event to the "neighborhood where it all started 10 yrs ago.
Business Insider recently wrote, "The British government is going to hit social media firms with fines potentially worth billions of dollars if they fail to rid their platforms of harmful content." UK's digital minister Margot James, told the press, "There will be a powerful sanction regime and it's inconceivable that it won't include financial penalties. And they will have to be of a size to act as a deterrent. If you look at the ICO's fining powers, that might be a useful guide to what we're thinking about..."
Google's chief financial officer Ruth Porat said data is more like sunlight than oil. It's an upbeat twist on the phrase 'data is the new oil', which implies information is finite. Her comments at the World Economic Forum come a day after Google was hit with a $57 million fine by French authorities over its data collection practices. Most people know the phrase "data is the new oil," a theory about how the world's most valuable resource is information rather than petroleum. Read more: France fines Google $57 million for breaking Europe's strict new privacy rules Porat isn't the first to try and reframe the economics of data.
According to Gizmodo, a French regulator fined Google for $57 million. The fine is the single largest since the European Union instituted the General Data Protection Regulation. A French regulatory found that Google violated the EU law by displaying personalized ads to users without proper consent. The regulatory also said Google did not sufficiently inform users how their personal data would be used by their search engine. The fine followed complaints filed by two advocacy groups last May, when the GDRP was initially enforced.
According to Reuters, France’s data protection watchdog fined Google for 50 million euros. The French regulator issued the fine for a breach of the European Union's online privacy rules. The EU’s General Data Protection Regulation has been in place since May, but so far, this marks the largest single fine. France's regulatory body said that they fined Google for not sufficiently informing users about how their personal data is handled. But they also said that Google's search engine failed to properly obtain consent from users for displaying personalized ads.
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