Friday, July 30, 2021

EU fines Amazon a record $888M for violating GDPR data storage rules; Amazon says in a filing that the fine is "without merit" (Stephanie Bodoni/Bloomberg)

Stephanie Bodoni / Bloomberg:
EU fines Amazon a record $888M for violating GDPR data storage rules; Amazon says in a filing that the fine is “without merit”  —  - Luxembourg watchdog wields new powers with highest data fine  — Fine follows probe based on complaint by French privacy group



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...