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Roasters and coffee experts are also signaling that prices could remain higher for longer, as factors like climate change reduce the coffee global supply. Climate change drives prices up“Coffee is more sensitive to changes in temperature than many other crops,” said Michael Hoffmann, professor emeritus at Cornell University’s College of Agriculture and Life Sciences. “Climate change is getting worse. According to Delany, coffee prices are typically between 100 to 140 cents, but have stayed consistently above that range for the past three years. “There’s a drum beat in the background that is climate change, and that is causing problems,” he said.
Persons: CNN —, Tomas Edelmann, , Hamburgo, Miranda, Ryan Delany, there’s, Michael Hoffmann, , Brazil sneezes, Delany, Arabica, ” Neil Rosser, Lavazza, Miranda Edelmann, Giuseppe Lavazza, Nestle, Sharon Zackfia, William Blair, Rosser, ” Delany, you’re Organizations: CNN, Coffee, International Coffee Organization, United Nations, Coffee Trading Academy, Cornell University’s College of Agriculture, Life Sciences, US Department of Agriculture, Commodities, Financial Times, Nestle Locations: Chiapas, Mexico, Brazil, Arabica, Vietnam, Ukraine, Red
Early industry testing of the Privacy Sandbox tools designed to emulate online targeting produced fairly dire results. Google won't escape regulatory scrutinyIt's unclear whether keeping cookies would allow Google to shake off regulators' grasp of its Privacy Sandbox. In 2022, Google pledged to give the UK's Competition and Markets Authority oversight of its Privacy Sandbox rollout and Chrome cookie removal. A key question now is whether Google's commitments to the CMA need to change now that third-party cookies remain in the mix. And there isn't a clear answer about the future governance of the Privacy Sandbox, to ensure Google doesn't preference its own ad products.
Persons: , Ciaran O'Kane, Bobby Ewing, Jon Snow, they'd, Googler Organizations: Service, Business, Google, YouTube, Apple, CMA
In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNTGoogle announced in a surprise move that it would reverse its years-long plan to phase out third-party cookies. The U.S. internet giant said late Monday it is reversing a long-planned move to ditch third-party cookies — the critical text files that track users' web activity for advertisers. And what does Google's decision mean for how you interact with the web moving forward — or, for that matter the advertising industry? Roughly 40.9% of websites globally use cookies to gather data on users, according to data from W3Techs, a web technology research firm. This issue forms the main reason why Google has now decided to terminate its planned depreciation of third-party cookies.
Persons: Daniel Acker, Matthew Holman, Cripps, it's, Google's, Steve Silvers, there's, Silvers, Authority —, Vasiliki, Makou, Jennifer Elias Organizations: Google, Bloomberg, Getty, CNBC, Competition, Authority, ICO, Data Locations: U.S, W3Techs, Europe, London
CNN —Microsoft’s buzziest new AI feature is raising concerns that it could potentially be misused in the wrong hands. It’s different from a keyword search; the tool regularly saves screenshots of the user’s screen and stores them directly on the device. It then uses AI to process the data and make it searchable. Jen Golbeck – a professor of AI at the University of Maryland who focuses on privacy – said the recall feature could pose a potential “nightmare” if the device falls into the wrong hands. Still, Michela Menting, a senior research director at ABI Research, believes the feature is a “step backwards” for privacy.
Persons: Jen Golbeck –, , , that’s, Satya Nadella, Geoff Blaber, ” Blaber, Golbeck, Blaber, Michela Organizations: CNN, University of Maryland, Data Protection, ICO, Microsoft, Wall Street, CCS Insight, ABI Research
Google delayed the removal of third-party cookies from Chrome again. AdvertisementGoogle is delaying its removal of third-party cookies on Chrome — again. Third-party cookies are small data files stored on a user's device. Related storiesIn January, Google experimented with phasing out cookies for 1% of Chrome users, which is about 30 million people. "We welcome Google's announcement clarifying the timing of third-party cookie deprecation," a CMA spokesperson told BI.
Persons: , It's, hinging, Stephen Almond, Almond Organizations: Google, CMA, ICO, Service, Apple, Mozilla, Chrome, Markets Authority, Consumers Locations: aaltchek@insider.com
A man walks past ATM machines at branch of the NatWest bank in Manchester, Britain September 21, 2017. Picture taken September 21, 2017. The ICO had found former NatWest CEO Alison Rose infringed Farage's data rights when she discussed his relationship with the bank with a BBC journalist, according to a copy of the ICO decision seen by Reuters and other media on Wednesday. In a statement on Friday, the ICO said Rose had since expressed concerns. An ICO spokesperson reiterated on Friday that the regulator had upheld two parts of Farage's complaint, but did not intend to take further regulatory action for now.
Persons: Phil Noble, Nigel Farage, Alison Rose, Rose, Ms Rose, Iain Withers Organizations: NatWest, REUTERS, ICO, BBC, Reuters, Thomson Locations: Manchester, Britain
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 25 (Reuters) - Britain's data watchdog said on Wednesday that former NatWest CEO Alison Rose infringed Nigel Farage's data rights when she discussed the former Brexit party leader's relationship with the bank with a BBC journalist. "We fully co-operate with the ICO (Information Commissioner's Office) in its assessment of any customer complaint but it would not be appropriate for us to comment on this individual case," a NatWest spokesperson said. The ICO said in its response to Farage's complaint about the incident, seen by Reuters, that in its view Rose shared "misleading information" and that Farage's rights were infringed as a result. Farage welcomed the response and said NatWest should cut Rose's notice pay and bonuses. "It would be an outrage if she walked away with a huge sum of money," Farage said on television channel GB News.
Persons: Dado Ruvic, Alison Rose, Nigel, Coutts, Rose, Farage, Travers, Iain Withers, David Gregorio, Jonathan Oatis Organizations: NatWest, REUTERS, BBC, ICO, Reuters, Financial Times, Natwest, Thomson
The Information Commissioner's Office (ICO) said if the U.S. company fails to adequately address the regulator's concerns, "My AI", launched in April, could be banned in the UK. "The provisional findings of our investigation suggest a worrying failure by Snap to adequately identify and assess the privacy risks to children and other users before launching 'My AI'", Information Commissioner John Edwards said. "My AI went through a robust legal and privacy review process before being made publicly available," a Snap spokesperson said. The ICO is investigating how "My AI" processes the personal data of Snapchat's roughly 21 million UK users, including children aged 13-17. Social media platforms, including Snapchat, require users to be 13 or over, but have had mixed success in keeping children off their platforms.
Persons: Lucas Jackson, John Edwards, OpenAI's ChatGPT, Snapchat, Farouq Suleiman, Sachin Ravikumar, William James, Sarah Young, Louise Heavens Organizations: Inc, New York Stock Exchange, REUTERS, Commissioner's, ICO, Reuters, Thomson Locations: New York City , New York, U.S
Snap is under investigation in the U.K. over privacy risks associated with the company's generative artificial intelligence chatbot. If the ICO's provisional findings result in an enforcement notice, Snap may have to stop offering the AI chatbot to U.K. users until it fixes the privacy concerns. The AI chatbot, which runs on OpenAI's ChatGPT, has features that alert parents if their children have been using the chatbot. Other forms of generative AI have also faced criticism as recently as this week. Bing's image-creating generative AI has been used by extremist messaging board 4chan to create racist images, 404 reported.
Persons: John Edwards, chatbot Organizations: Commissioner's, ICO, CNBC, Washington Post
Businesses in food and parcel delivery often rely on large numbers of gig-economy workers. The UK's data watchdog found some of these workers are propositioning customers. "People have the right to order a pizza [...] without then being asked for sex," a watchdog said. A growing number of firms, particularly in delivery, transport, or logistics, rely on gig economy or contract workers. One consequence is that sensitive customer information, such as phone numbers and addresses, is accessible to casual workers.
Persons: Emily Keaney, Keaney Organizations: Service, ICO, Etihad Airways, Guardian Locations: Wall, Silicon, London
Under UK data protection law, social media companies need parental consent before processing data of children under 13. Social media firms generally require users to be 13 or over, but have had mixed success in keeping children off their platforms. Snapchat declined to give details of any measures it might have taken to reduce the number of underage users. It also found Snapchat was the most popular app for underage social media users. However, other apps take more proactive measures to prevent underage children accessing their platforms.
Persons: Dado Ruvic, Snapchat, Martin Coulter, Matt Scuffham, Alexander Smith Organizations: REUTERS, Reuters, Inc, Social, ICO, Ofcom, National Society for, Thomson Locations: U.S, Britain
The two pilots, however, would allow extensive information sharing between banks on large-scale financial crime, expand public-private data sharing initiatives and set up a similar platform to Britain's national fraud database for serious economic crime. The pilots could be formally launched by October when Britain's economic crime and corporate transparency bill, currently on its way through parliament, is expected to become law. This legislation aims to protect regulated firms from confidentiality rules if they share information to tackle economic crime, giving them the leeway to ramp up data sharing. One financial crime investigations lawyer, who declined to be named because of client sensitivities, said that information-sharing needed appropriate safeguards. The NCA told Reuters it was discussing the data sharing pilot with a number of banks to try and identify "actionable intelligence".
Persons: Dado Ruvic, Banks, Simon Fell, Iain Withers, Kirstin Ridley, Sinead Cruise, Jane Merriman Organizations: U.S, REUTERS, Lloyds, NatWest, Reuters, HSBC, Barclays, Crime Agency, UK Finance, Home Office, NCA, Thomson Locations: Russia, Britain, Ukraine
TikTok has been fined £12.7 ($15.9) million by U.K. privacy regulators for failing to protect children's data, in a fresh blow to the Chinese-owned app as it faces heightened scrutiny from regulators. The U.K.'s Information Commissioner's Office said in a statement Tuesday it was fining TikTok for "a number of breaches of data protection law, including failing to use children's personal data lawfully." The ICO had previously proposed fining TikTok £25 million for the privacy violation in question. It comes amid calls for the app to be banned in the U.S. over national security concerns, and after administrations in the U.S., U.K. and several other countries prohibited the app from government-issued devices.
UK watchdog fines TikTok $16 mln for 'misusing children's data'
  + stars: | 2023-04-04 | by ( ) www.reuters.com   time to read: +2 min
LONDON, April 4 (Reuters) - Britain's data watchdog said on Tuesday it had fined TikTok 12.7 million pounds ($15.9 million) for breaching data protection law including by using the personal data of children aged under 13 without parental consent. The Information Commissioner's Office (ICO) estimated that TikTok allowed as many as 1.4 million UK children under 13 to use its platform in 2020, even though it sets 13 as the minimum age to create an account. TikTok did not abide by those laws," UK Information Commissioner John Edwards said. Children's data may have been used to track and profile them, potentially presenting them with harmful or inappropriate content, he added. ($1 = 0.7996 pounds)Reporting by Sachin Ravikumar and Muvija M, Editing by Kylie MacLellanOur Standards: The Thomson Reuters Trust Principles.
BOGOTA, March 28 (Reuters) - Spanish ride-hailing app Cabify has raised $110 million in financing aimed at accelerating its growth in Latin America and Spain, the company said on Tuesday. Cabify closed the funding round with participation from investors like Orilla Asset Management and AXIS, through Fond-ICO Next Tech. In December Cabify secured a 40 million euro loan from the European Investment Bank aimed at purchasing electric vehicles. The company aims for all rides through its app to be in zero-emission vehicles by 2025 in Spain and by 2030 in Latin America. With over 42 million registered users and 1.2 million drivers, Cabify employees over 1,000 people in Spain and Latin America.
YouTube child data gathering faces UK scrutiny after complaint
  + stars: | 2023-03-01 | by ( ) www.reuters.com   time to read: +2 min
LONDON, March 1 (Reuters) - Britain's information regulator said on Wednesday it would look into an official complaint accusing Alphabet Inc's (GOOGL.O) YouTube of illegally collecting data from millions of children. McCann said in a statement that YouTube should change the design of its platform and delete data it had been gathering. A spokesperson for YouTube said it had taken steps to bolster child privacy with more protective default settings, and made investments to protect children and families by launching a dedicated kids app and introducing new data practices. "We remain committed to continuing our engagement with the ICO on this priority work, and with other key stakeholders including children, parents and child protection experts," the YouTube spokesperson said in a statement. Britain's Children's code requires providers to meet 15 design and privacy standards to protect children, including limiting collection of their location and other personal data.
LONDON, Feb 9 (Reuters) - Britain's financial watchdog said on Thursday it will push ahead with plans to make available "synthetic data" to help increase innovation and choice in financial services following a consultation last year. Data privacy laws make it harder for third-party companies to access data on customers held by long-established banks and insurers. The Financial Conduct Authority (FCA) last year published a consultation paper on synthetic data. "Based on the feedback to the Call for Input and previous research, our current position is that synthetic data can potentially make a significant contribution to beneficial innovation in UK financial markets," the FCA said in a statement on Thursday. "We will continue to engage loosely with the ICO to explore opportunities for data sharing in financial services within he bounds of UK data protection regulation," the FCA said.
The data leak prompted a global outcry that led to hearings, an apology tour from Zuckerberg and Facebook’s $5 billion privacy settlement with the US government. Zuckerberg’s remarks in the deposition offer the clearest picture yet of what Zuckerberg knew about Cambridge Analytica, and when. But according to the court documents, Zuckerberg had originally proposed naming Russian foreign intelligence and Cambridge Analytica in the same breath. Zuckerberg testified that the reference to Cambridge Analytica was removed after a staffer recommended against naming specific organizations. But the improper sharing of Facebook data triggered a cascade of events that has culminated in numerous investigations and lawsuits.
Investors say it feels like a make-or-break moment for the Solana network, but they're optimistic it'll pull through. "Every community has to have a crucible moment," said Avichal Garg, a managing partner at venture capital firm Electric Capital. "FTX really helped construct this ecosystem, they put a lot of money and resources behind it and helped the flywheel get going," Garg said. On the bright side, whatever amount of Solana tokens was locked on the FTX exchange can't be sold now. However, those close to the Solana community have been strongly encouraged by growth trends in its developer base.
LONDON — TikTok may face a £27 million ($29 million) fine in the U.K. after privacy regulators found failings in the company’s handling of children’s data. “We all want children to be able to learn and experience the digital world, but with proper data privacy protections,” Information Commissioner John Edwards said in a statement Monday. In a statement to CNBC, a TikTok spokesperson said the company disagrees with the ICO’s provisional fine and plans to make a formal response. Last year, the Netherlands’ Data Protection Authority handed TikTok a 750,000 euro ($723,371) fine for violating the privacy of young children and failing to offer its information in Dutch. Western officials are worried the platform may be providing a backdoor to Beijing allowing it to snoop on non-Chinese users.
Register now for FREE unlimited access to Reuters.com RegisterThe TikTok logo is pictured outside the company's U.S. head office in Culver City, California, U.S., September 15, 2020. REUTERS/Mike Blake/File PhotoSept 26 (Reuters) - Britain could fine TikTok 27 million pounds ($28.91 million) following an investigation that found the short-form video app may have breached UK's data protection law by failing to safeguard privacy of children using the platform. The Information Commissioner's Office (ICO) has issued TikTok and TikTok Information Technologies UK Ltd with a "notice of intent", the regulator said in a statement. ICO's provisional view suggests that TikTok breached UK data protection law between May 2018 and July 2020. read more($1 = 0.9339 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Radhika Anilkumar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
Washington CNN Business —The UK said Monday it could impose a multimillion-dollar fine on TikTok after the government found the short-form video platform may have violated children’s privacy. The potential fine of £27 million, or about $29 million, follows an investigation by the UK’s data privacy regulator, which found that over the course of two years from May 2018 to July 2020, TikTok may have breached UK law by processing data of kids under 13 without parental consent. In a legal document notifying TikTok of the possible fine, the UK Information Commissioner’s Office also said TikTok may have processed sensitive categories of data “without legal grounds,” and may have failed to provide information to its users transparently enough. “We all want children to be able to learn and experience the digital world, but with proper data privacy protections,” said Information Commissioner John Edwards in a statement. “Companies providing digital services have a legal duty to put those protections in place, but our provisional view is that TikTok fell short of meeting that requirement.”In a statement, TikTok said: “While we respect the ICO’s role in safeguarding privacy in the UK, we disagree with the preliminary views expressed and intend to formally respond to the ICO in due course.”The ICO did not name the specific types of sensitive data TikTok may have mishandled under UK law, but in general the country places higher obligations on data that reveals a person’s racial or ethnic origin, political opinions, religious beliefs, health status, sexual orientation and more.
LONDON — TikTok may face a £27 million ($29 million) fine in the U.K. after privacy regulators found failings in the company's handling of children's data. The Information Commissioner's Office issued TikTok a "notice of intent" informing the Chinese-owned video app of its "provisional view that TikTok breached UK data protection law between May 2018 and July 2020." "We all want children to be able to learn and experience the digital world, but with proper data privacy protections," Information Commissioner John Edwards said in a statement Monday. "Companies providing digital services have a legal duty to put those protections in place, but our provisional view is that TikTok fell short of meeting that requirement." The ICO can issue a maximum fine amounting to 4% of TikTok's annual global revenues under the EU's GDPR, which is still enshrined in U.K. law.
Washington (CNN Business) The UK said Monday it could impose a multimillion-dollar fine on TikTok after the government found the short-form video platform may have violated children's privacy. The potential fine of £27 million, or about $29 million, follows an investigation by the UK's data privacy regulator, which found that over the course of two years from May 2018 to July 2020, TikTok may have breached UK law by processing data of kids under 13 without parental consent. In a legal document notifying TikTok of the possible fine, the UK Information Commissioner's Office also said TikTok may have processed sensitive categories of data "without legal grounds," and may have failed to provide information to its users transparently enough. "We all want children to be able to learn and experience the digital world, but with proper data privacy protections," said Information Commissioner John Edwards in a statement . In a statement, TikTok said: "While we respect the ICO's role in safeguarding privacy in the UK, we disagree with the preliminary views expressed and intend to formally respond to the ICO in due course."
Что касается ожиданий от 2021 года — биткоин «на луну» уже отправили, теперь очередь за другими монетами. После общественных обсуждений ЦБ России примет решение о методике и функционале цифрового рубля, направлениях его разработки, внедрения и информирования граждан о возможностях его использования. Что касается остальных потерь — то 2021 год однозначно станет годом переосмысления и внедрения дополнительных мер безопасности и кастодиальных сервисов. «Важное новшество 2021 года — появление цифровых аналогов фиатных валют в ряде стран»Руководитель аналитического департамента AMarkets Артем ДеевОдним из главных событий наступающего 2021 года на рынке криптовалют станет динамика биткоина. И третье важное новшество 2021 года — появление цифровых аналогов фиатных валют в ряде стран, в том числе и в России.
Persons: rbc.ru, Федор АнащенковЕсли, Глеб КостаревУходящий, Александр БражниковПредстоящий, Никита ЗуборевОсобенности, Джей Клейтон, Мария СтанкевичЕсли, Артем ДеевОдним Organizations: United Traders, Paypal, SEC, ERC, ETH, BTC, РБККрипто, ЦБ, РАКИБ, РБК Крипто, Чикагская товарная биржа, Центральный Банк Locations: Россия, РФ, ЕС
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