Energy offset and renewable power developer Arcadia pitches clean power as an employee benefit

Arcadia, the company that gives homeowners and renters a way to offset their carbon footprints through renewable energy credits and clean power developments, is now pitching its services to businesses as an employee benefit. Companies can offset their employees carbon footprints or subsidize their power bills using Arcadia’s services, the company said. It’s a response […]

Google, Nokia, Qualcomm are investors in $230M Series A2 for Finnish phone maker, HMD Global

Mobile device maker HMD Global has announced a $230M Series A2 — its first tranche of external funding since a $100M round back in 2018 when it tipped over into a unicorn valuation. Since late 2016 the startup has exclusively licensed Nokia’s brand for mobile devices, going on to ship some 240M devices to date. […]

Legal clouds gather over US cloud services, after CJEU ruling

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Europe’s top court strikes down flagship EU-US data transfer mechanism

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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 […]