InCountry, the worlds first global data residency-as-a-service platform, together with Yandex.Cloud, the largest domestic cloud provider in the Russian Federation, today announced an official partnership to help international businesses better distribute and localize data in the Russian Federation. One of the primary obstacles for businesses looking to expand into the Russian market is compliance with the countrys data regulations, primarily Federal laws No. 152-FZ and 242-FZ. As… Source link
Read More »Stocks rise to extend July’s gains as earnings, economic data roll in
Stocks gained on Monday, looking to kick off August trading on a high note after a winning July. The S&P 500 added about 0.5% shortly after market open and neared an all-time high. The Dow and Nasdaq also rose. Equity investors are entering August with momentum from a sixth straight monthly gain, with the S&P 500 logging an advance of 2.3% in July. Both the Dow and Nasdaq also added more than 1% for the month. These increases came alongside a strong season so far for quarterly corporate… Source link
Read More »Russia fines Google 3 mln rbls for violating personal data law
MOSCOW, July 29 (Reuters) – Russia on Thursday fined Google 3 million roubles ($41,017) for violating personal data legislation, Google’s first fine for that offence, Moscow’s Tagansky District Court said. Google confirmed the fine and offered no further comment. The penalty comes amid a wider standoff between Russia and Big Tech, with Moscow routinely fining social media giants for failing to remove banned content and seeking to compel foreign tech firms to open offices in Russia. read more
Read More »Google shows off Play Store’s upcoming data privacy section
Google has revealed an in-progress design for the Play Store’s upcoming safety section, which will provide information about an app’s data collection, privacy, and security practices. Announced in May, developers will be able to start declaring their safety info in October until a deadline of April next year. The safety section is currently due to start appearing in app descriptions in the first quarter of 2022. Although Google says the design is subject to change, screenshots… Source link
Read More »Amazon And Google Are Finally Tackling One Of Healthcare’s Biggest Problems: Unstructured Health Data
Healthcare is a broad concept: clinical encounters with patients, population health data and trends, community health outcomes, pharmaceutical trials, etc., are just a few of the different siloes that entail the concept of “healthcare” as a whole. Even if just looking at an individual level— medical records, history of medications, previous lab testing and results, prior procedures—there are so many different siloes that entail an individual’s healthcare profile. Given the… Source link
Read More »Intel’s Sales Forecast Falls Short as Data Center Unit Sags
(Bloomberg) — Intel Corp., the world’s biggest semiconductor maker, gave a lackluster third-quarter sales forecast, indicating its data-center chip business continues to suffer market-share losses in the face of stiffer competition. Sales in the current period will be about $18.2 billion, Intel said in a statement Thursday. That compares with average analyst projections of $18.3 billion. Adjusted gross margin, a measure of profitability, will be about 55%, the company said, and per-share… Source link
Read More »Stock futures trade mixed ahead of more earnings, inflation data
Stock futures opened near the flat line Tuesday evening as investors looked ahead to more corporate earnings results and another batch of inflation data. Contracts on the S&P 500 was little changed. During Tuesday’s regular session, the blue-chip index rose to a record intraday high before pulling back and ending lower. Each of the Dow and Nasdaq also pulled back, with cyclical areas of the market like airline stocks and financials posting some of the biggest declines. Concerns over the pace… Source link
Read More »ByteDance Said to Have Met With Officials Over Data Security
(Bloomberg) — TikTok owner ByteDance Ltd. is working to ensure it complies with data security requirements after meetings with government officials over the issue earlier this year, a person familiar with the matter said. The Chinese tech giant, whose apps also include TikTok’s Chinese twin Douyin and the news aggregator Toutiao, had kicked off initial preparations for an IPO of its domestic assets, Bloomberg News reported in April. ByteDance’s considerations about going public had been… Source link
Read More »Yandex increases renewable energy at Finnish data centre – Telecompaper EN
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Read More »Facebook, Google, Twitter say could quit Hong Kong over proposed data laws- WSJ
A general view of the central financial district, in Hong Kong, China March 11, 2021. REUTERS/Tyrone Siu/File Photo July 5 (Reuters) – U.S. tech giants Facebook Inc (FB.O), Alphabet Inc’s (GOOGL.O) Google and Twitter Inc (TWTR.N) have privately warned the Hong Kong government that they could stop offering their services in the city if authorities proceed with planned changes to data-protection laws, the Wall Street Journal reported on Monday, citing a letter. The laws could make the tech… Source link
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