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Ireland probes TikTok’s handling of kids’ data and transfers to China

Ireland probes TikTok’s handling of kids’ data and transfers to China

Ireland’s Data Protection Commission (DPC) has yet another ‘Big Tech’ GDPR probe to add to its pile: The regulator said yesterday it has opened two investigations into video sharing platform TikTok. The first covers how TikTok handles children’s data, and whether it complies with Europe’s General Data Protection Regulation. The DPC also said it will examine…

Democrats’ tax plan would cut bills for most Americans -congressional estimate

Democrats’ tax plan would cut bills for most Americans -congressional estimate

© Reuters. FILE PHOTO: The U.S. Capitol Building is pictured in Washington, U.S., August 20, 2021. REUTERS/Elizabeth Frantz By Richard Cowan and David Lawder WASHINGTON (Reuters) – U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning…

South Korean antitrust regulator fines Google $177M for abusing market dominance

South Korean antitrust regulator fines Google $177M for abusing market dominance

The Korea Fair Trade Commission (KFTC) said on Tuesday it fined Google $177 million for abusing its market dominance in the Android operating system (OS) market. The U.S. tech company has restricted market competition by prohibiting local smartphone makers like Samsung Electronics and LG Electronics from customizing their Android OS, through Google’s anti-fragmentation agreements (AFA),…

Helsinki’s Maki.vc poised to close fund at €100M, key focus will be sustainability, deeptech

Helsinki’s Maki.vc poised to close fund at €100M, key focus will be sustainability, deeptech

Helsinki-based VC Maki.vc is poised to reach the final close of its second fund at €100 million, with the aim to invest in seed-stage startups across Europe. The first investments from the new fund include UK-based Baseimmune (antigen discovery and vaccine design), Volare (Foodtech), and PixieRay (adaptive eyeglasses). Maki.vc’s initial ticket sizes range from €250,000…

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I2020 Accelerator Announces The Launch Of Gwynant Therapeutics And Celyn Therapeutics To Develop Novel Small Molecules For Oncology Targets

SAN DIEGO, Sept. 14, 2021 /PRNewswire/ — i2020, an accelerator program backed by the San Diego-based venture company Torrey Pines Investment, has announced two new start-up investments together with OrbiMed Advisors. The start-up proceeds will finance new oncology-focused companies: Gwynant Therapeutics and Celyn Therapeutics. The companies will use the proceeds to bring proprietary small molecule…

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Amazon Announces Plans To Hire 125,000 Employees In Hundreds Of Cities And Towns Across America

Amazon (AMZN) – Get Amazon.com, Inc. Report continues to provide opportunities for full-time and part-time jobs in logistics as it expands its footprint to better serve customers in communities where they live. Today, the company announced that it is providing an additional 125,000 local employment opportunities throughout the U.S., on top of the 40,000 corporate…