Get the latest announcements from MEF Members across the mobile ecosystem globally in this weekly review of member news…

A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech – Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movileis the latest proof that the pace of investment isn’t slowing down.

Find out the week’s top mobile stories from around the world. This week.. Facebook under fresh political pressure as UK watchdog, Zimbabwe’s first election without Mugabe turns into a data privacy minefield, HTC develops ‘blockchain phone’, and much more…

The UK’s privacy watchdog revealed yesterday that it intends to fine Facebook the maximum possible (£500k) under the country’s 1998 data protection regime for breaches related to the Cambridge Analytica data misuse scandal.

Michael Becker, an expert advisor on identity & personal information management solutions, shares a unique insight into what it really means to participate in the digital economy, and how we as consumers, can balance the risks and many rewards.

People reap tremendous value and convenience when participating in the digital economy, but each time they do they put their privacy and personal security at risk since people’s identities and personal information power a sizable portion of the digital economy. And not just the digital economy, our identity and personal information is giving birth to the personal information economy, and once this economy matures market opportunities and rules will be vastly different.

MEF recently launched it’s new Trust in Enterprise Messaging (TEM) service backed by an industry Code of Conduct for A2P (Applications to Person) SMS in collaboration with 30+ participants of MEF’s Future of Messaging Programme, that includes MNOs, messaging companies and signalling providers.

The new service is self-regulatory – its goal, to accelerate market clean-up and educate enterprise messaging solution buyers about the threats of fraudulent practices and poor procurement processes.