Well, the fine was even bigger than had been anticipated. Siladitya Ray reports: Facebook’s parent Meta has been ordered to pay a record $1.3 billion (€1.2 billion) fine by the European Union, for failing to adhere to the bloc’s stringent privacy rules, in the latest severe financial penalty handed to an American tech giant by…
Category: Business
Charlotte FBI, Bank of America dragged into congressional dispute over Capitol riot
Michael Gordon reports: A suspended FBI employee from Charlotte who gave whistleblower testimony Thursday to a Republican-led congressional subcommittee had his security clearance revoked over his handling of a Jan. 6-related investigation, and amid questions from his superiors concerning his “allegiance to the United States.” Meanwhile, an interim subcommittee report released earlier in the day accuses Bank of America,…
Facebook to be fined $807million by Ireland’s DPC for mishandling user information
Dan Milmo reports: Facebook is to be fined more than €746m (£648m) and ordered to suspend data transfers to the US as an Irish regulator prepares to punish the social media network for its handling of user information. The fine, first reported by Bloomberg and expected to be confirmed as soon as Monday, will set…
UK court tosses class-action style health data misuse claim against Google DeepMind
Natasha Lomas reports: Google has prevailed against another U.K. class-action style privacy lawsuit after a London court dismissed a lawsuit filed last year against the tech giant and its AI division, DeepMind, which had sought compensation for misuse of NHS patients’ medical records. The decision underscores the hurdles facing class-action style compensation claims for privacy breaches in…