Happy Friday everyone!
We’re back again with this week’s most important and interesting news from the Tech, HR and the Startup world!
Before we jump in to this week’s Beem roundup issue, don’t forget, if you have a story of innovation, culture, leadership or HR & communications, let us know and we’ll feature your content in an upcoming issue. Email us: firstname.lastname@example.org
Let’s check out what’s making waves, new innovation, and join the discussion below!
Europeans are about to get a lot more control over their social media data. A major change to EU data protection law will require Facebook and others to significantly change how people access and use personal information. In the midst of a data gold rush, that’s a big deal!
The changes will be required under the EU’s General Data Protection Regulation (GDPR), which comes into force in May 2018. The regulation sets out a series of “harmonised” data protection principles, that will be implemented into local laws for the 28 member states. Under the GDPR, more companies are expected to develop automated download services like those implemented by Facebook and Google.
Are these changes to EU law going to force major technology companies to shine a light on their vast data stores once and for all?
There is little doubt that the Internet — especially Amazon — has altered the way consumers think about shopping. E-commerce sales grew 15.6 percent in 2016 and now account for 11.7 percent of all retail sales, according to recent reports. Amazon accounts for a whopping 43 percent of those e-commerce sales!
The Seattle-based tech giant, in particular, has changed the way consumers think about e-commerce sales, or etail. In addition, it has introduced a number of other shopping concepts of late and is moving directly into operating brick-and-mortar stores.
Will Amazon’s moves bring back the traditional retail shopping experience, or is it gone forever?
Emerging quietly and without warning, like many of Google’s updates, Google for jobs is a hiring interface that sits conveniently on the search engine’s results page in the coveted ‘featured snippet’ position. This ensures that the panel is the first thing seen when making any job-related searches, which could be good or bad news for your business, depending on your interest in the search results.
The recruitment sector has already experienced some major changes in the last year. After Microsoft purchased LinkedIn in 2016, many correctly predicted that LinkedIn data would be made available for the purposes of recruitment and sales. Google for Jobs’ real triumph is that it removes a step from the job search process!
Will this change recruiting’s (and HR’s) landscape forever?
With emerging technologies such as artificial intelligence (AI) and the Internet of Things (IoT) transforming the way businesses operate, digital is now estimated to account for around 45% of revenue for UK companies; according to new research from Pure Storage.
However, uncertainty surrounding Brexit and the incoming general data protection regulation (GDPR) has left many firms in “investment limbo”, claiming Brexit had affected their ability to plan and invest in technology innovation. We’re still uncertain about the future, but these numbers show how we all need to keep embracing the digital transformation.
Did we miss something? Let us know in the comments section below and we’ll feature your article into next week’s Roundup!
the Beem Team