TikTok was hit with a massive EU fine of 530 million euros ($600 million) Friday, accused of sending personal data of Europeans to China and failing to guarantee it was shielded from access by Chinese authorities. The Chinese-owned social media giant, which is also in the crosshairs of the United States, acknowledged during a probe … Read more
The Irish Data Protection Commission (DPC) has fined TikTok €530 million (over $601 million) for illegally transferring the personal data of users in the European Economic Area (EEA) to China, violating the European Union’s GDPR data protection regulations. The administrative fines imposed by the Irish watchdog consist of a fine of €485 million for its … Read more
Autorité de la concurrence, France’s antitrust watchdog, has fined Apple €150 million ($162 million) for using the App Tracking Transparency privacy framework to abuse its dominant market position in mobile app advertising on its devices. App Tracking Transparency (ATT) requires apps to request users’ permission to collect their data for targeted advertising purposes before tracking … Read more
Major car manufacturers and two trade bodies are to pay a total of £461m for “colluding to restrict competition” over vehicle recycling, UK and European regulators have announced. The UK’s Competition and Markets Authority (CMA) said they illegally agreed not to compete against one another when advertising what percentage of their cars can be recycled. … Read more
Amazon-owned Twitch Interactive is suing former League of Legends professional Kirill Konstantinovich Malofeyev, better known online as Likkrit, after he sued the company — and won — in a Russian court over the suspension of his Twitch account. Twitch filed the 25-page lawsuit, which has been reviewed by Polygon, in a San Francisco court on … Read more
The Florida-based company that exposed millions of Social Security numbers to hackers last year is facing what appears to be its first fine from a US regulator—but it’s barely a slap on the wrist. National Public Data is facing a $46,000 fine from the California Privacy Protection Agency, which announced the penalty on Thursday. The … Read more
Update, 11:12 am UTC: This article has been updated with information throughout. Bybit crypto exchange has been fined by India’s financial regulator following previous compliance issues that forced it to halt operations in the country. Bybit, the world’s second-largest crypto exchange by trading volume, was given a 9.27 crore rupees fine ($1.06 million) by India’s … Read more
Google-owned Fitbit will pay a $12.25 million fine to settle charges brought by the US Consumer Product Safety Commission (CPSC) after its Ionic smartwatches caused second- and third-degree burns. After launching the Ionic smartwatch in 2017, Fitbit received numerous reports of it overheating and causing burns. The company released a firmware update to fix the … Read more
Hadlee Simons / Android Authority TL;DR The FTC fined Genshin Impact developer HoYoverse $20 million for misleading loot box practices and violating children’s privacy laws. The game allegedly deceived players about the cost and odds of obtaining rare prizes and collected data from children under 13 without parental consent. HoYoverse must now block purchases by … Read more
On January 15, the United States Department of Justice (DOJ) announced that BitMEX and its parent company, HDR Global Trading Limited, have been fined $100 million for violating the Bank Secrecy Act (BSA). The court found that the crypto exchange willfully failed to establish adequate anti-money laundering (AML) and know-your-customer (KYC) protocols. BitMEX’s Response In … Read more