All Technology articles – Page 20
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Third time’s the charm? Agreement in principle reached on U.S.-EU data flows
The United States and European Union have reached an agreement in principle on how to handle transatlantic data flows, a thorny issue that has resulted in two prior frameworks being scrapped by the EU’s top court.
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SEC adds Weibo to HFCAA watchlist
The Securities and Exchange Commission added Chinese social media giant Weibo Corp. to its list of companies not in compliance with the Holding Foreign Companies Accountable Act.
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Trulioo names first chief compliance officer
Trulioo, a global identity verification company, announced the appointment of Reno Mathews as its first chief compliance officer.
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Fast Radius adds general counsel, chief accounting officer
Fast Radius, a cloud manufacturing company, named Erin Stone general counsel and corporate secretary and James Erkenswick chief accounting officer.
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The moral of Elizabeth Holmes’s story: Focus on facts, not facades
The depiction of Elizabeth Holmes in the Hulu miniseries “The Dropout” bears out the tendency to filter judgment of the Theranos founder through the lens of her gender—but it’s her actions that should matter.
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Meta fined $18.6M under GDPR for 2018 data breaches
The Irish Data Protection Commission fined Meta’s Irish subsidiary 17 million euros (U.S. $18.6 million) for a series of personal data breaches that took place nearly four years ago.
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SEC notifies five Chinese companies of HFCAA noncompliance
The Securities and Exchange Commission has notified five China-based public companies they could be delisted from U.S. stock exchanges if they do not allow their audits to be inspected by the Public Company Accounting Oversight Board.
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Growing list of companies halting Russian operations
As the Russia-Ukraine crisis unfolds, companies around the world have announced changes to their supply chains to reduce their footprint in Russia. Compliance Week looks at how businesses across multiple industries are responding.
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Clearview AI fined $22M in Italy over unlawful data collection
Facial image aggregator Clearview AI was fined €20 million (U.S. $22 million) for unlawfully processing the biometric and geolocation data of Italian citizens in violation of privacy laws including the General Data Protection Regulation.
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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.