EU-U.S. Privacy Shield to replace Safe Harbor

United States and EU officials have reached an agreement regarding new data protection standards for U.S. firms processing European citizens’ information. This new agreement, titled the EU-U.S. Privacy Shield, serves as a replacement for the disbanded Safe Harbor framework. The new agreement outlines requirements for international companies processing European citizens’ data, as well as ramifications…

Microsoft acquiring SwiftKey for $250 million

Microsoft has acquired London-based SwiftKey for an estimated $250 million. SwiftKey is a popular predictive-text keyboard designer. SwiftKey’s AI-based app is installed on more than 300 million Android and IOS products around the world. This keyboard app is capable of learning users’ texting habits, including emojis, and predicting what will be used next in conversation.…