Geek-Guy.com

Category: Europe

Nvidia clears regulatory hurdle to acquire Run:ai

Chip company Nvidia gets the green light from the European Union to complete its acquisition of Run:ai. The EU came to a unanimous decision today that Nvidia could go ahead with its acquisition of Israeli GPU orchestration platform Run:ai, according to reporting from Bloomberg. The European Commission determined that if the merger went through other…

European Solo GP Robin Capital closes first fund with €15M to play with

Robin Capital — the Germany-based, Solo GP-led VC fund by former entrepreneur Robin Haak — has hit its final close of ‘Robin Fund One’ at €13 million. Combined with its additional growth-focused investment vehicle of €2m, the fund now has a total of €15 million to play with. In the realm of European Solo GPs,…

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

The writing was on the wall, seemingly.  Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics…

EU asks for views on plan to force Apple to open up iOS

The European Commission has published draft proposals for how Apple must meet interoperability requirements flowing from the bloc’s Digital Markets Act (DMA) — inviting feedback on proposed measures targeted at areas like iOS notifications, data transfer, and device set-up by January 9, 2025. European Union regulators then have until around mid March to adopt final…

Apple and Meta go to war over interoperability vs. privacy

Apple and Meta are warring in Europe over the balance between interoperability and privacy, Reuters reports. The fight focuses on the European Union’s Digital Markets Act (DMA), a competition regulation that requires designated gatekeepers (including Apple and Meta) not to restrict rivals’ access to so-called core platform services. In Apple’s case, this means: iOS, iPadOS,…

In potential reversal, European authorities say AI can indeed use personal data — without consent — for training

The European Data Protection Board (EDPB) issued a wide-ranging report on Wednesday exploring the many complexities and intricacies of modern AI model development. It said that it was open to potentially allowing personal data, without owner’s consent, to train models, as long as the finished application does not reveal any of that private information. This…

HubPhish Exploits HubSpot Tools to Target 20,000 European Users for Credential Theft

Cybersecurity researchers have disclosed a new phishing campaign that has targeted European companies with an aim to harvest account credentials and take control of the victims’ Microsoft Azure cloud infrastructure. The campaign has been codenamed HubPhish by Palo Alto Networks Unit 42 owing to the abuse of HubSpot tools in the attack chain. Targets include…

Five years later… Netflix hit with Dutch data access fine

Five years later sounds like a half-baked sequel to a well-known zombie flick franchise. But it’s a reference to how long it’s taken a data access complaint against Netflix to deliver a penalty decision in the European Union. The fine that’s — finally — been issued under the bloc’s General Data Protection Regulation (GDPR) is…

Meta fined $263M over 2018 security breach that affected ~3M EU users

Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of users which the company disclosed back in September 2018. The penalty, issued on Tuesday by Ireland’s Data Protection Commission (DPC) — enforcing the bloc’s General Data Protection Regulation (GDPR) — is far from…

EU to investigate TikTok’s response to election security risks in Romania

TikTok is now subject to not one but two open Digital Services Act (DSA) investigations after the European Union announced on Tuesday that it has opened a formal proceeding focused on election risks — and specifically risks in the context of recent elections in Romania. The probe will focus on TikTok’s recommender systems — principally “risks…

EU signs $11B deal for sovereign satellite constellation to rival Musk’s Starlink

The European Union is forging ahead with plans for a constellation of internet satellites to rival Elon Musk-owned Starlink, after signing a €10.6 billion ($11.1B) deal to launch nearly 300 satellites into low- and medium-Earth orbits by 2030. The bloc wants the space tech to boost its digital sovereignty by providing secure comms to governments.…

Controversial EU ad campaign on X broke bloc’s own privacy rules

The European Union’s executive body is facing an embarrassing privacy scandal after it was confirmed on Friday that a Commission ad campaign on X (formerly Twitter) breached the EU’s own data protection rules. The finding, by the EU’s oversight body the European Data Protection Supervisor (EDPS), relates to a microtargeted ad campaign that the Commission…

International crackdown disrupts DDoS-for-hire operations

In a sweeping international crackdown, law enforcement agencies from 15 countries, including the United States and multiple European nations, have dismantled 27 of the most popular platforms used for carrying out distributed denial-of-service (DDoS) attacks, Europol announced Wednesday. The operation, known as PowerOFF, has led to the arrest of three administrators in France and Germany…

Russian Military Cyber Actors Target US and Global Critical Infrastructure

Summary The Federal Bureau of Investigation (FBI), Cybersecurity and Infrastructure Security Agency (CISA), and National Security Agency (NSA) assess that cyber actors affiliated with the Russian General Staff Main Intelligence Directorate (GRU) 161st Specialist Training Center (Unit 29155) are responsible for computer network operations against global targets for the purposes of espionage, sabotage, and reputational…

WordPress Appliance - Powered by TurnKey Linux