Moving to the first one, Facebook's stock went up after news of a record-breaking $5 billion FTC fine for various privacy violations broke last week. As The New York Times points out that the United States government spent months coming up with a punishment for Facebook's privacy-related bad behavior, and the best it could do was so weak that Facebook's stock price went up. From some other perspectives, that $5 billion fine is a big deal, of course: it's the biggest fine in FTC history, far bigger than the $22 million fine against Google in 2012. The largest FTC fine in the history of the country represents basically a month of Facebook's revenue, and the company did such a good job of telegraphing it to investors that the stock price went up. More
The Commissioner for Data Protection and Freedom of Information in the German has warned that the use of Office 365 and Windows 10 in local schools was illegal under the European Union’s GDPR rules. According to commissioner, the software exposes personal user data. It will be interesting to see how Microsoft handles the issue. More
Europe's Galileo satellite network is in a huge outage. The system has been down since Friday meaning that travelers in Europe have instead had to fall back on the American Global Positioning System (GPS) or even Russia or Chinese systems. Galileo has been struck by what is being described as a "technical incident related to its ground infrastructure", and it's not clear when the situation will be remedied. More
Sony has announced new SD card reader and USB hub that it calls the "world's fastest." It is named "MRW-S3," it is actually much more than a hub and card reader. It has an SD card reader, micro SD card slot, and two USB 3.1 gen 2 ports, but also, it has USB-C power and HDMI video port. More
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