According to BBC News, the UK’s privacy regulator, the Information Commissioner’s Office (ICO), has fined British Airways a record £183 million (US$229 million) fine for a data breach that is believed to have occurred starting in June 2018. The ICO stated the incident took place after users of British Airways’ website were diverted to a fraudulent […]
The multibillion-dollar real-time bidding (RTB) adtech industry is processing data unlawfully, the UK’s data protection regulator has ruled, reported the Financial Times. The Information Commissioner’s Office has found that personal data is being processed without consent, and people don’t have the security guarantees that they should under the General Data Protection Regulation (GDPR). “Under data […]
Google’s parent company Alphabet announced on Thursday, June 6, that it is buying data analytics company Looker for US$2.6 billion, according to a report from Reuters. The acquisition will be the first under new Google Cloud Chief Executive Thomas Kurian. The company’s cloud computing sector trails Amazon’s and Microsoft’s when it comes to revenue and […]
According to The Hill, the recently released 2018 Antitrust Annual Report found that private antitrust lawsuits settled in federal courts since 2013 have recovered US$19.3 billion on behalf of victims of antitrust violations, with settlements in 2018, alone, totaling US$5 billion. The report, produced by the University of San Francisco School of Law and Huntington […]
The UK Competition and Markets Authority (CMA) is inviting comments on the anticipated acquisition of First Data Corporation by Fiserv, Inc. The invitation to comment closes on May 27, 2019. The regulator is considering whether it may be the case that this transaction if carried into effect, will result in the creation of a relevant […]
The Department of Justice has requested more information from First Data and Fiserv ahead of the pending merger of the two payment giants. Filings by Fiserv with the Securities and Exchange Commission (SEC) Monday, April 8, revealed that on April 4, the two firms each received a request for “additional information and documentary materials” in […]
According to a report by CNBC, the EU aims to announce whether Amazon’s data practices will be investigated further in the coming months, the institution’s competition chief said. In September, Margrethe Vestager, the head of competition policy in Europe, opened a preliminary probe into Amazon’s use of data on its third-party merchants. The idea was […]
The US Federal Trade Commission has ordered seven of the largest broadband providers in the US to open up on their privacy policies reported The Telecompaper. The regulator said it wants to know more about how the ISPs collect information about customers and their devices and share it with others, as more of the companies […]
Facebook is the subject of a criminal investigation by federal prosecutors over the data deals it inked with some of the biggest technology companies, reported The New York Times. Citing two people familiar with a request made by a grand jury in New York, the paper reported the grand jury has subpoenaed records from two […]
According to TechCrunch the European Union’s competition commissioner, Margrethe Vestager, has suggested that breaking up tech giants should be a measure of last resort, “To break up a company, to break up private property would be very far reaching and you would need to have a very strong case that it would produce better results […]