Instances of forced tech transfers are growing in China: EU business lobby group

The pace of forced tech transfers in exchange for market access is on the rise in China especially in “cutting edge” industries. In a significant development, a European business lobby has disclosed, the number of cases of European firms forced to transfer technology to its Chinese partners are on the rise despite Beijing’s attempt to…

Here’s why you need to update WhatsApp ASAP

WhatsApp has a serious security vulnerability which allows a hacker to install a malicious program on your device and gain access to your personal data. Ireland’s Data Protection Commissioner (DPC) disclosed, that Facebook’s WhatsApp has informed it of a serious security vulnerability on its platform. “The DPC understands that the vulnerability may have enabled a…

European Commission looking to set up ethical guidelines for AI

The European Commission is looking to setup ethical guidelines for artificial intelligence which should be transparent, secure, have human oversight and have reliable algorithms. They should also be subject to privacy and data protection rules. The European Commission stated, companies working with artificial intelligence need to install accountability mechanisms that prevent the misuse of AI.…

European Commission to investigate Microsoft over GDPR compliance

The European Union’s data protection supervisor will investigate whether Microsoft Corp is in compliance with the EU’s new GDPR rules. In a significant development, the European Union’s data protection supervisor disclosed, it has launched an investigation into whether services and products provided by U.S. software giant Microsoft Corp to EU institutions are in compliance with…

European Commission imposed fine of $14.14 million on Nike

According to the 2-year long investigation, Nike blocked cross border sales of soccer merchandise between 2004 to 2017. On Monday, the European Commission imposed a fine of $14.14 million (12.5 million euros) on U.S. sportswear maker Nike for restricting cross-border sales of merchandising products of five European football clubs as well as to a football…