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GDPR fines total €56M in first year as Facebook faces 11 investigations — 9To5Mac

The stats are in for the first year of GDRP, Europe’s gold-standard data privacy law. GDPR fines totalled €56M, with more than 200,000 investigations, 64,000 of which were upheld, writes Ben Lovejoy.

Here is the link: https://9to5mac.com/2019/05/28/gdpr-fines/

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.