Irish watchdog fines Facebook-owned WhatsApp $267 million after privacy breach

Ireland's privacy watchdog has fined WhatsApp a record $267 million after an investigation found it breached stringent European Union data protection rules on transparency about sharing people's data with other Facebook companies. Read More...


Capital One CEO to pay penalty over antitrust violations -FTC

WASHINGTON (Reuters) -Capital One Chief Executive Officer Richard Fairbank was hit with a $637,950 civil penalty to settle charges he broke U.S. antitrust laws when he failed to report stock compensation in 2018, the Federal Trade Commission said on Thursday. Fairbank initially failed to report receiving more than 100,000 shares of the company’s stock that year, violating a law that requires companies and individuals to report such large transactions to the U.S. Federal Trade Commission and Department of Justice. The compensation boosted his holdings to $168 million in 2018 and followed two prior instances in which Fairbank did not comply with the same law, the FTC said in a statement.

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