Tech Roundup: Dropbox Boxcryptor Acquisition, Meta Privacy Fines & More
[A recurring feature on the latest in Science & Technology.]
- Ireland's Data Protection Commission fines Meta €265 million following an April 2021 data leak exposed the information of more than 533 million users.
- The U.K. government waters down its proposed Online Safety Bill as it abandons plans to force internet platforms to remove internet content that is harmful but legal over concerns that it could lead to censorship and undermine free speech.
- India's Reserve Bank of India to start its pilot for a retail e-rupee, the authority's version of a digital currency, starting December 1, 2022, with a closed user group comprising participating customers and merchants.
- Google licenses its AI research model for breast cancer screening to a medical company, iCAD, for the first time, as it looks to deploy it in real world clinical settings by 2024.
- Yahoo takes a ~25% stake in Taboola and plans to use the latter's advertising tech as part of a 30-year exclusive deal expected to generate more then US$ 1 billion in annual revenue.
- Global smartwatch shipments increase 30% YoY in Q3 2022, led by India, up 171%; Apple's market share jumps 48% YoY, Samsung drops 2.7% YoY, and Noise grows 218% YoY to take the top spot in the Indian market.
- Dropbox to acquire Germany-based cloud security company Boxcryptor for an undisclosed sum to bring end-to-end "zero-knowledge" encryption for cloud storage services.
- Amazon debuts new "Create with Alexa" feature that generates unique animated children's stories "with a narrative arc, colorful graphics, and fun, complementary background music" on Echo Show devices.
- Amazon Web Services (AWS) launches Clean Rooms, a service to help customers and their advertising and marketing partners to "more easily and securely match, analyze, and collaborate on their combined datasets -- without sharing or revealing underlying data"; unveils Amazon DataZone, a service that uses machine learning to help enterprises catalog, discover, share, and govern their data, as well as Amazon Security Lake, a service that automatically centralises an organisation's security data from cloud and on-premises sources into a data lake.
- HPE reports Q4 2022 revenue up 7% YoY to US$ 7.87 billion; Intelligent Edge revenue climbs 18% YoY to US$ 965 million, as HPC & AI slides 14% YoY to US$ 862 million.
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