Stocks gain despite 6.6M new US unemployment claims

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More legal uncertainty for Privacy Shield ahead of crux ruling by Europe’s top court

Facebook tried to block the referral but today an influential advisor to Europe’s top court has issued a legal opinion that could have major implications for the future of the EU-US Privacy Shield personal data transfer mechanism. It’s a complex opinion, dealing with a fundamental clash of legal priorities around personal data in the EU […]

EU-US Privacy Shield passes third Commission ‘health check’ — but litigation looms

The third annual review of the EU-US Privacy Shield data transfer mechanism has once again been nodded through by Europe’s executive. This despite the EU parliament calling last year for the mechanism to be suspended. The European Commission also issued US counterparts with a compliance deadline last December — saying the US must appoint a […]

New Vector scores $8.5M to plug more users into its open, decentralized messaging Matrix

New Vector, a European startup founded in 2017 by the creators of an open, decentralized communications standard called Matrix to drive adoption and grow an ecosystem around an alternative messaging protocol for instant messaging and VoIP apps, has raised an $8.5 million Series A funding round. Investors in New Vector’s Series A round include enterprise […]

An interview with Dr. Stuart Russell, author of “Human Compatible, Artificial Intelligence and the Problem of Control”

(UC Berkeley’s Dr. Stuart Russell’s new book, “Human Compatible: Artificial Intelligence and the Problem of Control, goes on sale Oct. 8. I’ve written a review, “Human Compatible” is a provocative prescription to re-think AI before it’s too late,” and the following in an interview I conducted with Dr. Russell in his UC Berkeley office on […]

EU-US Privacy Shield legal showdown now set for July 9

A legal challenge to a data transfer mechanism that’s used by thousands of companies to authorize taking European citizens’ personal data to the US for processing has been delayed. As we reported last month, the General Court of the EU had set a date of July 1 and 2 to hear the complaint brought by […]

Facebook fails to stop Europe’s top court weighing in on EU-US data transfers

Facebook has failed in its last ditch attempt to block a referral by Ireland’s High Court of questions over the legality of EU-US data transfer mechanisms to the region’s top court. Ireland’s Supreme Court unanimously refused its request to appeal the decision Friday, via Reuters. Irish law does not include a provision to appeal against […]

EU-US Privacy Shield complaint to be heard by Europe’s top court in July

A legal challenge to the EU-US Privacy Shield, a mechanism used by thousands of companies to authorize data transfers from the European Union to the US, will be heard by Europe’s top court this summer. The General Court of the EU has set a date of July 1 and 2 to hear the complaint brought […]

The top 10 startups from Y Combinator W19 Demo Day 1

Electric-vehicle chargers, heads-up displays for soldiers and the Costco of weed were some of our favorites from prestigious startup accelerator Y Combinator’s Winter 2019 Demo Day 1. If you want to take the pulse of Silicon Valley, YC is the place to be. But with more than 200 startups presenting across two stages and two […]

Visa policies threaten innovation but aren’t stopping hiring abroad

The growing intensity of the US visa approval process has made it more difficult for companies to attract, support and retain foreign talent. However, recruiters are still sourcing talent from abroad at an increasing clip. According to a recent, roughly 30-page, report published by Envoy – the corporate workforce immigration management platform – US corporate […]