All Technology articles – Page 22
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ArticleFacebook fined $70M for compliance breaches in Giphy probe
Facebook was fined £50 million (U.S. $69 million) for allegedly breaking U.K. competition rules while the firm is under investigation over its acquisition of Giphy. A separate penalty of £500,000 (U.S. $690,000) was also assessed related to CCO appointments.
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Options Technology appoints chief risk officer
Managed trading infrastructure provider Options Technology announced the appointment of Marlena Efstratopoulou as chief risk officer.
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Article‘Soft-hearted’ Irish DPC proposes $42M GDPR fine against Facebook
The Irish Data Protection Commission has set out plans to fine Facebook between €28 million and €36 million (U.S. $32 million and $42 million) for violations of the General Data Protection Regulation.
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Qualcomm announces general counsel succession
Wireless technology giant Qualcomm has appointed Ann Chaplin as its general counsel and corporate secretary, effective Nov. 1. She will replace the retiring Don Rosenberg, who served in the position since 2007.
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ArticleLessons learned from actions of Facebook whistleblower Frances Haugen
Many whistleblowers are forced to take their complaints outside the company because their attempts to address the problems internally are rebuffed or ignored. Facebook is paying the price for that inaction.
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ArticleKPIs and collaboration: How Vivint, Agilent handle data collection
Compliance leaders from Vivint and Agilent Technologies shared how they are successfully integrating data intelligence into their organization’s operations at a recent Diligent virtual summit.
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ArticleWhatsApp GDPR fine fallout: EDPB actions shift enforcement landscape
Experts weigh in on the Irish Data Protection Commission’s €225 million (U.S. $267 million) GDPR fine against WhatsApp, which saw the European Data Protection Board rule to increase the fine total and compliance obligations.
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App Annie to pay $10M in landmark SEC action
The Securities and Exchange Commission charged App Annie with securities fraud—the agency’s first enforcement action against an alternative data provider.
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ArticleNewTek fined $189K over Iran sanctions violations
NewTek, a Texas-based company that develops 3D animation hardware and software, has agreed to pay $189,483 to settle OFAC allegations it knowingly violated U.S. sanctions against Iran.
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ArticleNeed to know: Elizabeth Holmes’s Theranos trial set to begin
Elizabeth Holmes’s legacy is on the line, as the long-awaited trial of the disgraced founder and CEO of blood-testing company Theranos begins Wednesday.
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Pinterest chief accounting officer to depart
Social media company Pinterest announced the impending departure of Chief Accounting Officer Lily Yang, effective Oct. 29.
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ArticleIreland shakes up GDPR enforcement with $267M fine against WhatsApp
Ireland’s Data Protection Commission announced a record-breaking €225 million (U.S. $267 million) fine against WhatsApp that is equally significant for the compliance lessons it imparts and inconsistency of the GDPR it exposes.
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Vivint adds chief ethics and compliance officer
Vivint Smart Home announced the appointment of Daniel Garen as chief ethics and compliance officer.
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ArticlePreparing for China’s new GDPR-like data privacy law
China is set to enact a tough data privacy law that mirrors the EU’s General Data Protection Regulation in content but likely will be more strictly enforced, experts say.
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ArticleAttracting top talent post-COVID means living employee values
In emerging from the pandemic, the hiring landscape has changed. The companies to thrive in this environment will be the ones that quickly adapt and recognize the kind of care and attention their employees need.
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ArticleHamburg DPA warns Zoom incompatible with GDPR
The Hamburg data protection authority has warned local government departments to stop using Zoom because it believes the videoconferencing app is not compliant with the General Data Protection Regulation.
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ArticleFinTech firm Plaid settles privacy lawsuit at $58M
Plaid has reached a $58 million settlement with a group of customers who claimed the FinTech company sold their bank transaction histories to third parties without their consent.
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ArticleZoom agrees to enhance compliance in $85M settlement
Zoom has agreed to a preliminary class-action settlement with terms that would require the video-conferencing platform to establish an $85 million fund and improve its data privacy and security practices.
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ArticleTikTok fined $883K under GDPR for children’s privacy violations
The Dutch Data Protection Authority imposed a €750,000 (U.S. $883,000) fine on TikTok for violating the privacy of young children following a wide-scale investigation launched last year.
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ArticleThe debate over AI: Regulate the tech or its use?
Recent comments by Facebook’s top executive in charge of developing AI reignite the debate over whether regulators should be more focused on reining in the technology itself or just the way it is used.