Here are a few things that you may have missed in digital, media & technology. Contact me if you want to talk about what these mean for you.
- DAO’s failed to buy an original US Constitution. A decentralised autonomous organisation (Australian Senate committee is open to exploring this decentralised legal model) crowd-sourced funds to buy an original US Constitution yet were outbid. The funds, all in crypto, are being refunded but blockchain processing fees are eating large chunks of the cash. Naturally, burned investors unhappy. A case study on how far this promise has to go – and a lesson in transaction processing costs called ‘gas’ fees.
- EPDB clarifies what is not a data transfer out of the EEA. In the recently issued EDPB guidance on international data transfers, it clarifies that if you’re outside the EEA and collect personal data directly from someone inside the EEA – and that data leaves the EEA – that is not subject to the GDPR regime on international data transfers. A narrow, limited, clarification, but could be useful to some businesses outside of the EEA.
- The Global Value of Music Copyright Report (released Nov 21) explores the value of music to the music industry. The economic analysis shows that (surprise) the labels were net gainers in 2020 with songwriters (pandemic) were net losers. Overall, the value of music slightly up compared to 2019.
These were prepared listening to Will Page’s mix tape DJ set “We ain’t done with 2021” and are best enjoyed with a coffee – or whatever your choice.
Let me know if you want to talk about any of it, but please share with a few people and encourage them to subscribe.