By
Aaron Nicodemus2022-09-19T20:03:00
South Korea’s data regulator fined Google and Meta a total of 100 billion won (U.S. $72 million) for violating the country’s personal data collection law, which forbids the collection and use of personal information without user consent.
The Personal Information Protection Commission (PIPC) announced penalties of ₩69.2 billion (U.S. $50 million) against Google and ₩30.8 billion (U.S. $22 million) against Meta for violating the Personal Information Protection Act from 2019-21, according to a Sept. 14 press release.
The fines are the largest ever issued by the PIPC regarding privacy violations and the first penalties related to the collection and use of behavioral information of online customized advertising platforms.
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2022-08-15T15:19:00Z By Aaron Nicodemus
Google was ordered to pay 60 million Australian dollars (U.S. $42 million) to resolve charges levied by Australia’s competition regulator it misled its Australian customers about how to opt out from the collection of their personal location data.
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Google’s latest fine for violations of the General Data Protection Regulation reignites the discussion around why Big Tech firms have not been more frequently penalized under the EU’s stringent privacy law.
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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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Major accountancy firms in France are under investigation for anti-competitive practices. The French competition watchdog embarked on a series of “unannounced inspections” and removed documents relating to audit and reporting on Jan. 13.
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The European Commission has launched a formal investigation against Elon Musk’s X under the Digital Services Act over fears that its AI tool Grok may be producing and disseminating illegal material.
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Three former executives at Archer-Daniels-Midland intentionally misled investors by inflating the performance of the company’s Nutrition unit, the U.S. Securities and Exchange Commission has alleged.
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