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Topic: Italy

Germany-based Mytheresa has increased its share of top spenders. (Bloomberg) News 

Mytheresa Reaps Rewards from Catering to the Ultra-Wealthy

Jim Hendler,

Mytheresa.com, an online retailer specializing in high-end products, is outperforming its competitors and defying the recent downturn in the luxury sector. The company’s success can be attributed to its strategic emphasis on catering to the affluent clientele worldwide. “This customer is still spending because fortunately the financial problems we’ve had so far haven’t really affected their spending outlook,” Mytheresa CEO Michael Kliger said in an interview. Each of these buyers spends $100,000 or more on the site annually. Sales to “aspirational” luxury customers who increased their spending during the pandemic…

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Italian Virtual Telescope Project captures Chandrayaan-3 video flying towards the moon (ISRO) Space 

India’s Chandrayaan 3 Spacecraft Captured Soaring Towards the Moon

Adarsh V.K,

India’s Chandrayaan 3 spacecraft embarked on a mission to explore the moon’s surface on July 14, departing from Sriharikota, India. The anticipated duration of this space voyage is approximately 42 days, with the spacecraft scheduled to touch down on the Moon on August 23. This achievement will establish India as the fourth country to successfully land on the lunar surface. Following a secure landing, the lander will spend 14 Earth days collecting materials from the moon’s surface, accompanied by a rover. In an amazing turn of events, the Virtual Telescope…

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Virgin Galactic's VSS Unity seen over Mojave, Calif. (AP) News 

Richard Branson Aiming to Revive Virgin Galactic with June Launch of Commercial Flight

Nitin Misra,

Virgin Galactic Holdings, the space-tourism venture owned by billionaire Richard Branson, has revealed the date for its inaugural commercial passenger flight, as it seeks to catch up with rivals SpaceX and Blue Origin. The company had faced numerous delays over the past year, causing it to fall behind its competitors. Although Branson had flown to space in July 2021, the company had failed to follow up with a commercial flight as expected. The announcement of the upcoming flight has been met with enthusiasm from investors, who have pushed the company’s…

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On March 31, Microsoft Corp-backed OpenAI took ChatGPT offline in Italy after the agency, known as Garante, temporarily restricted it News 

Italy sets a deadline for OpenAI to meet ChatGPT’s privacy requirements

Febin Mathew, , , ,

Italy’s data protection agency on Wednesday set OpenAI an end-of-April deadline to meet data protection and privacy requirements to allow its AI ChatGPT chatbot service to continue in the country. On March 31, Microsoft-backed OpenAI took ChatGPT offline in Italy after an agency called Garante temporarily restricted it and opened an investigation into a suspected violation of privacy rules. The Italian agency accused OpenAI of failing to verify the age of ChatGPT users and criticized the “absence of any legal basis” that would justify the massive collection and storage of…

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The ban was issued last week by Italy’s Data Protection Authority due to concerns regarding the chatbot's functionality. News 

OpenAI Proposes Remedy for Italy’s ChatGPT Ban: All Details Here

Febin Mathew, ,

Microsoft-backed OpenAI, known for developing the well-known AI chatbot ChatGPT, plans to propose solutions to Italian authorities on Thursday in response to a ban on ChatGPT in the country, Italy’s data protection authority said. According to Reuters, OpenAI promised in a video conference late Wednesday to be more open about how it processes user data and verify users’ ages, the official said. The information authority announced that it will evaluate OpenAI’s proposals. Italy’s data protection authority issued the ban last week due to concerns about the chatbot’s functionality. OpenAI’s recommendations…

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Germany could follow in Italy's footsteps by blocking ChatGPT over data security concerns. News 

After Italy, Germany could block ChatGPT due to security issues

Sanjay Patil, , ,

BERLIN: Germany could follow in Italy’s footsteps by blocking ChatGPT on data security grounds, Germany’s data protection commissioner said in comments published on Monday to the Handelsblatt newspaper. Microsoft-backed OpenAI took ChatGPT offline in Italy on Friday after the national information agency temporarily banned the chatbot and launched an investigation into the AI app’s suspected breach of privacy rules. “In principle, this kind of activity is also possible in Germany,” Ulrich Kelber said, adding that this would fall under state jurisdiction. However, he did not outline such plans. Kelber said…

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OpenAI, late last month admitted that some users' payment information may have been exposed when it took ChatGPT offline owing to a bug. News 

OpenAI disables ChatGPT for users in Italy

Febin Mathew, , , ,

Microsoft-owned OpenAI has blocked access to its AI chatbot ChatGPT in Italy in response to a local data protection authority’s order to stop processing Italian data for the ChatGPT service. “We regret that we have disabled ChatGPT for Italian users at the request of the Italian Garante,” OpenAI said in the letter. In the order, Italian regulator Garante said it was concerned that ChatGPT’s maker was violating the European Union’s (EU) General Data Protection Regulation (GDPR), claiming that OpenAI had illegally processed the data of Italian citizens. “ChatGPT cannot in…

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ChatGPT has an “absence of any legal basis that justifies the massive collection and storage of personal data” to “train” the chatbot, Garante said News 

Italy blocks ChatGPT and begins investigation into privacy issues

Febin Mathew, , ,

Italy’s data protection authority temporarily banned OpenAI’s ChatGPT chatbot on Friday and launched an investigation into the AI app’s suspected violation of data collection rules. The agency, also known as Garante, accused Microsoft-backed ChatGPT of failing to verify the age of users 13 and older. ChatGPT “has no legal basis to justify the massive collection and storage of personal data” to “train” the chatbot, Garante said. OpenAI has 20 days to respond to the remedies or face a fine of up to 4% of its annual global revenue. OpenAI did…

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