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Meta fined document $1.3 billion and ordered to cease sending European person knowledge to US

By KELVIN CHAN (AP Enterprise Author) LONDON (AP) — The European Union slapped Meta with a file $1.3 billion privateness efficient Monday and ordered it to stop transferring clients non-public data all through the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears. The penalty of 1.2 billion euros … [Read more…]

JPMorgan and Barclays again $4.5 billion insurance coverage tech big Wefox

German digital insurer Wefox talked about Wednesday it raised $110 million of latest funding from backers along with JPMorgan and Barclays. The knowledge marks a vote of confidence for the insurance coverage protection experience home at a time when it faces strong macroeconomic headwinds. related investing info Wefox is a Berlin, Germany-based company focused on … [Read more…]