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Meta Fined €1.2 Billion In Landmark EU Ruling

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Meta Fined For Privacy Violation The penalty, announced by the Irish regulator, stems from Meta ’s failure to comply with a 2020 decision by the European Union ’s highest court. The court had determined that data transferred from Europe to the United States did not receive adequate protection against American intelligence agencies’ surveillance. advertisement While the ruling specifically targets Facebook, it does not apply to other platforms owned by Meta, such as Instagram and WhatsApp. Meta has stated its intention to appeal the decision and assured users that there will be no immediate disruption to Facebook’s services within the European Union. Max Schrems, a privacy activist who initiated the legal action against Facebook, commented on the ruling, stating, “Unless U.S. surveillance laws get fixed, Meta will have to fundamentally restructure its systems.” Recommended Articles ...

Who watches the watchers? CryptoHarlem founder Matt Mitchell explains why surveillance is the enemy

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CryptoHarlem founder Matt Mitchell says government and corporate surveillance and citizens’ inability to protect against it are great threats to personal security. Technology can be one’s best friend or, in some cases, their worst enemy . For example, Meta and TikTok seamlessly connect millions of people with loved ones and strangers, and while the platforms are a great resource for finding information and communicating with others, there are valid concerns about violations of users’ Privacy and the monetization and possible outright theft of users’ data.  The same can be said for surveillance and security. There is often a gift-and-a-curse style relationship, wherein the exact surveillance tools meant to keep people safe and deter crime are often used to oppress and control citizens or even ignore the criminal acts of those in power. To explore this contentious topic in greater depth, show hosts Jonathan DeYoung and Ray Salmond invited renowned hacker and activist Matt Mitchell to ...

5 reasons why the Aptos (APT) rally could still have wings

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Aptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price. Aptos (APT) reached a new all-time high of $20.39 after posting gains exceeding 400% since the start of 2023. While the rally could just be a pump-and-dump event due to the perception of weak fundamentals, increasing negative sentiment toward the token will likely fuel the prices in the short term. Let’s explore some of the factors that could be propelling the Aptos price rally. A rich history and strong investor backing Aptos is a byproduct of Facebook’s attempt with the Libra blockchain, which regulators forcibly shut down. Two of Libra’s leadership team members, Mo Shaikh and Avery Ching, later found Aptos, a decentralized version of the abandoned blockchain project. The Move programming language-based project introduces a new class of Layer-1 blockchains that will compete against the likes of Solana and Cardano. Investors’ hope for a technological breakthrough, Aptos that...