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British Airways Faces $230 Million GDPR Fine

British Airways faces a $230 million GDPR fine, by far the largest issued so far under the European Union’s GDPR regulation. The amount could still be reduced on appeal. While the fine should quell some doubts about GDPR enforcement, it’s worth noting that it relates to a data breach, not consent compliance.

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Facebook Releases Open Source Recommendation Model

July 10, 2019

I usually prioritize acquisition and funding announcements, but don’t think you really care that Coveo bought Tooso for intent analytics, Sinequa raised $23 million for knowledge discovery, or Signpost raised $52 million for local business marketing. But you probably are interested that Facebook has made an open source release of its Deep Learning Recommendation Model to select personalized contents. You’ll recall that Google and Amazon recently made similar moves.

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Two-Thirds of C-Suite Can’t Recognize Bad Data: Fivetran Report

December 6, 2021

Like the determined optimist who tells his boss the factory is on fire by reporting they’ll soon be able to update their equipment, let’s find some silver linings in a batch of gloomy surveys today, Dear Reader.  We’ll start with this Fivetran report, which finds that 85% of data leaders say their company has lost money by basing decisions on bad data, and 66% believe their C-suite can’t tell when that happens.  The bright side is there’s lots of room for improvement.

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