- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2023-09-15T16:51:00
Technology giant Google agreed to pay $93 million as part of a settlement with the state of California regarding its location data privacy practices.
The agreement, announced by California Attorney General Rob Bonta on Thursday, comes nearly a year since Google consented to pay a record $391.5 million in a settlement reached with a coalition of 40 state attorneys general—excluding California—regarding a setting that tracked location data without users’ knowledge.
California’s multiyear investigation uncovered similar findings—that Google was “deceiving users by collecting, storing, and using their location data for consumer profiling and advertising purposes without informed consent,” according to a press release.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
Alphabet, the parent company of technology giant Google, agreed to pay $350 million in a preliminary settlement with shareholders over alleged data privacy violations and materially false and misleading statements linked to now-defunct social media site Google+.
Google agreed to pay $391.5 million to settle charges it misled millions of users regarding a setting that tracked location data without their knowledge, according to an agreement the company reached with a coalition of 40 state attorneys general.
Google reached a first-of-its-kind settlement with the Department of Justice requiring the tech giant to hire an outside compliance expert and overhaul its legal compliance process.
Three months after a U.S. district judge declared Google to be running a monopoly, the Department of Justice recommended the tech giant be forced to sell off its popular Chrome browser as part of an effort to resolve antitrust concerns and reshape the power of tech’s biggest companies.
A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
