Countries back plan to create 'free flow' of data across borders By Jon Fingas It might become easier to shuttle data across borders in the future. A total of 24 countries have signed a statement supporting the Osaka Track, a plan from Japanese Prime Minister Shinzo Abe that would create rules for a "free flow" of data while respecting privacy, copyright and security. The commitment is meant to foster digital businesses that might otherwise stumble over legal hurdles. The signatories include major countries like the US, China and Russia. However, there are already concerns as to whether or not this will lead to concrete action. Some of the participants are highly protective of their country's data, for various reasons. China and Russia, for instance, tend to insist on companies storing data locally both as a competitive tool and to help them crack down on political dissidents. The European Union, meanwhile, is concerned about privacy violations that can c...
IBM CEO Virginia Rometty is retiring By Mariella Moon IBM CEO Virginia Rometty , one of the most prominent female leaders in tech, is stepping down on April 6th, 2020. She will still serve as Executive Chairman of the Board through the end of the year, but she's retiring completely after that. Rometty will be replaced as CEO by Arvind Krishna, who currently runs the company's cloud business and who was a key figure in IBM's Red Hat acquisition . She called Krishna "the right CEO for the next era at IBM." Rometty said in a statement: "Arvind has grown IBM's Cloud and Cognitive Software business and led the largest acquisition in the company's history. Through his multiple experiences running businesses in IBM, Arvind has built an outstanding track record of bold transformations and proven business results, and is an authentic, values-driven leader. He is well-positioned to lead IBM and its clients into the cloud and cognitive era." IBM f...
Snap just outlined its plan to fight Facebook By Karissa Bell Snap has long been known for its secretive ways. Even after going public in 2017, CEO Evan Spiegel rarely divulges much about the company publicly, save for quarterly earnings calls. But that may be starting to change. This week, the company hosted its first big public event in its history: a one-day Partner Summit, where the company announced several new features aimed at turning the messaging app into a wider platform. Snap announced new camera features, a gaming platform , new developer tools, and a new lineup of original shows. But one of the most intriguing revelations is one you'd find only from reading in between the lines of the company's news. Snap quietly walked the public through how it plans to fight Facebook at a time when the social network seems as if it will stop at nothing to completely crush Snap. Read more... More about Tech , Snapchat , Snap Inc , Tech , and Social Media Companies Ap...
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