Tag: fine

Here you will find all the articles with the tag: fine.

‘Meta could face record fine for GDPR violation’

‘Meta could face record fine for GDPR violation’

Ireland's privacy regulator Data Protection Commission is potentially going to impose a record fine of more than €746 million euros on Meta. The fine is due to a violation of GDPR regulations, Bloomberg reports. The tech giant faces the possible fine for unlawfully transferring user data to th... Read more

date8 days ago
‘Right to claim damages for GDPR violations has no minimum’

‘Right to claim damages for GDPR violations has no minimum’

The European Court of Justice says there is no minimum for non-material damages for violations of GDPR rules. The statement is a setback for many tech companies. GDPR legislation was introduced in 2018. Since then, almost every website has featured a cookie statement on the first visit. Companie... Read more

date26 days ago
Ericsson pleads guilty to federal bribery, will pay a $206M fine

Ericsson pleads guilty to federal bribery, will pay a $206M fine

The decision comes after the Swedish company violated a 2019 deferred prosecution agreement (DPA) with the US Department of Justice (DoJ). The company was found to have withheld evidence involving misconduct in several foreign states and failed to provide prompt and sufficient information regarding... Read more

date3 months ago
Ireland fines Meta for 500 million user data breach

Ireland fines Meta for 500 million user data breach

Meta received a €265 million fine from the Irish Data Protection Commission. According to the regulator, the tech giant took insufficient measures to prevent a data breach between 2018 and 2019. The personal data of more than 500 million Facebook users ended up on the street. The data was pub... Read more

date6 months ago
Intel loses chip patent lawsuit, ordered to pay $949 million

Intel loses chip patent lawsuit, ordered to pay $949 million

The US tech giant will have to pay VLSI Technology $948.8 million for patent infringement. Reuters reported that a federal jury in Texas on Tuesday said Intel must pay VLSI Technology $948.8 million for infringing on the company's patent for computer chips. VLSI used to be a standalone US-bas... Read more

date7 months ago
Google Play Store is under siege by regulators

Google Play Store is under siege by regulators

Google is under siege. The tech giant confirmed that European and British regulators are investigating the Play Store on suspicion of abuse of power. The Google Play Store is an indispensable source of income for Android developers. The platform is impossible to ignore for anyone who wants to t... Read more

date7 months ago
Interserve fined £4.4 million for lack of data protection

Interserve fined £4.4 million for lack of data protection

Interserve was fined £4.4 million by the UK's Information Commissioner's Office (ICO) after a breach of personal employee data. In 2019, UK-based outsourcing firm Interverse was faced with several cyberattacks that compromised the personal information of 113,000 employees. From March 18th to D... Read more

date7 months ago
Irish regulator slaps Meta with €405 million fine

Irish regulator slaps Meta with €405 million fine

The Irish data protection authority fined Meta with €405 million for GDPR violations on Instagram. The fine is the result of an investigation launched by the Irish Data Protection Commission (DPC) in 2020. According to the regulator, Instagram breached the privacy of children. Meta alleged... Read more

date9 months ago
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