European governments are preparing to revisit one of the EU’s most controversial surveillance ideas: forcing online services to retain vast amounts of user data for up to a year.
Reclaim The Net
EU Revives Plan for Year-Long Data Retention Across Digital Services, Including Encrypted Apps
A rewrite of Europe’s privacy rules could turn every click, call, and login into a year-long entry in a government ledger.
 #eu #privacy #technology
Oracle reportedly delays several new OpenAI data centers because of shortages β€” tight material and labor supply frustrate expansion plans, possibly by a year or more.
Tom
Oracle reportedly delays several new OpenAI data centers because of shortages — tight material and labor supply frustrate expansion plans, possibly by a year or more
A delay of possibly one year or more
 #usa #economy #technology
The gradual but relentless economic decline of Europe. Chart shows its share of global GDP PPP.
Client Challenge
 #europe #economy #economics image
Oracle just lost $35 billion in market cap in 48 hours. Oracle's five-year credit default swaps hit 126 basis points. The highest since the 2008 financial crisis. Oracle's free cash flow this quarter was negative $10 billion. This is the company upon which OpenAI's entire compute infrastructure now depends. Morgan Stanley's Lisa Shalett last month: "We're in the seventh inning." Looks like the reckoning just arrived and the bubble is popping.
THE THERMODYNAMIC RECKONING
How a $610 Billion Circular Financing Architecture, the Laws of Physics, and the Ghosts of Railway Mania Are Converging to Reshape Global Finance
 #usa #economy #tech #ai