Meta Lobbied Ireland Over Data Transfers; JioCinema Breaks Streaming World Record

In today's ExchangeWire news digest: Meta lobbied Irish ministers over data transfers; JioCinema usurps Disney to break streaming world record; and Nvidia announces it is building Israel's most powerful supercomputer.

Meta lobbied Irish authorities over EU-US transfers

Facebook-parent Meta has reportedly lobbied Taoiseach Leo Varadkar, Tánaiste Micheál Martin and Minister for Enterprise Simon Coveney over the transfer of EU users’ data to the US. The firm said it was “seeking Ireland’s support for resolution of EU-US data transfer issues”. The move comes as reports have emerged that NHS trusts are sharing sensitive information about patients’ medical conditions and treatments with Facebook without their consent.

India’s JioCinema breaks world record for streaming

JioCinema, an Indian streaming platform whose backers include Viacom18, has broken the world record for the most concurrent views to a live streamed event. The platform drew over 32 million viewers to the finale of the Indian Premier League cricket tournament, overtaking the previous record-holder, Disney’s Hotstar.

Nvidia developing Israeli supercomputer

Nvidia has announced that it is building Israel’s most advanced supercomputer as demand for artificial intelligence within the nation soars. Senior VP of Nvidia, Gilad Shainer, elaborated that the company has worked with 800 start-ups in Israel and tens of thousands of software developers, with the cloud-based set to be partly operational by the end of 2023.

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Fact of the Day

+10,000 – the number of solutions available in the advertising ecosystem.

Source: ExchangeWire Industry Review 2023

Last week's tech teasers

Last week’s teasers tested your knowledge on some of the biggest fines and penalties the tech industry has seen to date. How well did you do? Find out below!

  • Amazon – received the second-highest fine for GDPR violations to date 🥈
  • China’s Cyberspace Administration – fined Didi Global USD$4.13bn in 2019 🔓
  • Morgan Stanley – agreed to pay USD$60m to settle a data breach lawsuit 💼
  • Clearview AI –  was fined €20m in 2022 for breaching EU law 🇪🇺
  • USD$3bn – the amount fines issued to tech giants exceeded in 2022 💵

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