Brody Ford reports: Zoom Communications Inc. has offered $18 million to settle a four-year-old US Securities and Exchange Commission probe related to its privacy policies and communications. In the most recent quarter, the company recorded an $18 million expense for a “tentative settlement offer” with the financial regulator, Zoom disclosed Tuesday in a filing. A…
Category: Business
Supreme Court allows multibillion-dollar class action investors’ lawsuit to proceed against Meta
Oops. Never hit “publish’ on this and just discovered it stilling in pending posts. AP reports: The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The justices heard arguments in November in Meta’s bid to shut down the lawsuit. On…
Illinois Federal Court Rules BIPA Single-Violation Amendment Applies Retroactively
Kathryn Cahoy and Thea McCullough of Covington and Burling write: An Illinois federal court has held that the state’s recent amendment to its Biometric Information Privacy Act (“BIPA”) capping damages to one recovery for repeated identical violations applies to cases filed prior to its enactment. Gregg v. Cent. Transp. LLC, 2024 WL 4766297, at *3 (N.D….
X’s privacy dilemma: When blocking is not really blocking anymore
Neeraj Dubey and Pushpit Singh write: With social media constantly evolving, privacy concerns are growing, especially in jurisdictions like India, where data privacy is a fundamental right. The Digital Personal Data Protection Act, 2023 (DPDP Act) introduces strict privacy regulations for digital platforms in India. Recently, X announced a controversial update to its block function: blocked users…