All Technology articles – Page 18
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IAB Europe fighting back against ‘grossly unfair’ GDPR fine
Townsend Feehan, chief executive of the European arm of the Interactive Advertising Bureau, discusses the ramifications of her organization’s €250,000 (then-U.S. $286,000) fine under the General Data Protection Regulation in Belgium.
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Qualys names chief accounting officer
Qualys, a provider of cloud-based IT, security, and compliance solutions, has named Arjet Skenduli chief accounting officer.
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Pinterest general counsel to depart
Social media company Pinterest announced in a regulatory filing General Counsel and Secretary Christine Flores plans to leave the company in October.
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Intel general counsel to retire
Tech giant Intel disclosed in a regulatory filing Corporate Vice President and Corporate Secretary Susie Giordano will serve as interim general counsel, effective immediately, with current Executive Vice President and General Counsel Steven Rodgers planning to retire in May.
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Microsoft, Activision Blizzard, and importance of cultural due diligence in M&A
Rarely do cultural considerations play a role in M&A transactions, though they are often critical to the ultimate success of a deal. Microsoft’s planned acquisition of embattled video game developer Activision Blizzard offers a timely case study.
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Meta threatens to pull Facebook, Instagram in Europe over GDPR data transfer dispute
Meta Platforms is threatening to pull down Facebook and Instagram in the European Union over concerns it cannot meet data-sharing rules set in the region’s General Data Protection Regulation.
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IAB Europe fined $286K under GDPR for data processing violations
The European arm of the Interactive Advertising Bureau was fined €250,000 (U.S. $286,000) by the Belgian Data Protection Authority for data privacy violations regarding its Transparency and Consent Framework.
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TikTok adds head of legal compliance from Panasonic Avionics
Social media platform TikTok has hired former Panasonic Avionics Chief Ethics and Compliance Officer Catherine Razzano to serve as its head of legal compliance.
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Snapchat CCO to step down for ‘sabbatical’
Calling it a “sabbatical” and admitting he’s “ready for a time out,” longtime Snap Chief Compliance Officer Dominic Perella announced he’s planning to step down in the spring.
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Remedial actions help HeadSpin avoid fine in SEC fraud settlement
Silicon Valley-based tech company HeadSpin’s significant remedial actions in response to its chief executive’s alleged fraudulent behavior helped it settle charges with the Securities and Exchange Commission without being fined.
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Tencent fires 70 employees in latest anti-bribery crackdown
Chinese gaming and social media company Tencent said it fired nearly 70 employees last year as part of its ongoing anti-graft campaign and will stop doing business with 13 Chinese firms that have violated its anti-bribery standards.
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Report: GDPR fines surpass $1B in 2021; breach notifications also rise
Nearly €1.1 billion (U.S. $1.2 billion) worth of fines have been issued against organizations in the past year for violations of the General Data Protection Regulation, according to the latest annual report by law firm DLA Piper.
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Accellion to pay $8.1M in proposed data breach settlement
The Accellion data breach that last year affected a variety of private- and public-sector organizations and compromised the personal data of millions of individuals could be resolved in an $8.1 million class-action settlement.
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NSI Act reshapes U.K. acquisition landscape
The U.K. National Security and Investment Act might present “unforeseen” compliance problems for companies wanting to merge with or buy foreign businesses, according to legal experts.
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Commvault announces new chief legal and compliance officer
Global intelligent data services company Commvault announced the appointment of Danielle Sheer as chief legal and compliance officer.
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Difficult path ahead for new ICO head John Edwards
The United Kingdom’s newly appointed information commissioner, John Edwards, might find it hard to steer a successful path between ensuring citizens’ data rights are preserved while also trying to make U.K. laws more palatable for data-driven business.
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Elizabeth Holmes verdict primes DOJ for white-collar crackdown
For Department of Justice leadership that recently laid out plans to strengthen their response to corporate crime, the outcome of the Elizabeth Holmes trial is an arrow in the quiver for what might be a new age of white-collar enforcement.
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France’s CNIL fines Google, Facebook $237M combined over cookies consent
French data privacy watchdog CNIL again sidestepped the GDPR in fining Google and Facebook a combined €210 million (U.S. $237 million) for making it too difficult for users to refuse cookies when accessing their websites.
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Airbnb subsidiary to remit $91K for Cuba sanctions violations
Airbnb Payments, a registered money services business and wholly owned subsidiary of Airbnb, will remit $91,172.29 for apparent violations of sanctions against Cuba, OFAC announced.
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Matterport adds chief accounting officer
Matterport, a 3D data platform provider, announced the appointment of Peter Presunka as chief accounting officer.