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Showing posts from June, 2018

Here's to the Crazy Ones

Steve Jobs. The first person that comes to my mind when I hear the words 'Crazy Ones'. why, you ask. Steve Jobs is, as far as i know, one of the greatest innovator of our time. The struggles he had from pitching investors to Apple when he and Steve Wozniak first started it in his parents' garage in 2066 Crist Drive in Los Altos, California. Steve was a stubborn, arrogant but bright teenager who worked in Atari as his former job before founding Apple. In fact, he was too stubborn that his co-employees are already protesting about him but since the management couldn't fire him since he was one of the top employees, they made an arrangement in which he would not meet these people anymore. Thus working in graveyard shift.  In this setup, Steve knew that reporting to a superior was not the life for him. There was something in him that was slowly starting to light up. That something was what made him found Apple Company, the most valuable company in the world.

£20,000,000 penalty for violating Europe's new Data Privacy Law

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All eyes were focused on the EU these past couple of weeks when the Union enforced the General Data Protection Regulation (GDPR) on May 25, 2018. Fines amounting to £20,000,000, or 4% of the worldwide annual revenue of the prior financial year, whichever is higher, will be imposed on companies that would be proven to infringe on multiple provisions of the GDPR. It is of utter importance to take heed that these are the maximum figures. Authorities in charge will have the right to impose lower amounts or, for minor cases, issue warnings and reprimands as a precaution. Given the substantial amount of penalty, an organization that do business with anyone in the EU should not take this lightly. So what is GDPR and why is there a hefty fine to pay when violated? One must first know how it came to be in the first place. The regulation was adopted by the European Parliament way back in April 2016. A 2-year transition period has been allotted following the adoption which explains why it