European Commission corners Amazon on its usage of merchant data

Amazon has come under scrutiny over its dual role as a marketplace for merchants as well as their competitor. In a significant development, antitrust regulators in the European Union are increasing their scrutiny on Amazon over its usage of merchants’ data. The development underscores increasing regulatory scrutiny over how tech companies exploit customers’ information. Facebook,…

Germany’s Federal Office of Justice fines Facebook for $2.26 million

Facebook was fined since it had presented incorrect data on its transporency report on illegal content on its social media platform. In a significant development, German authorities have fined levied a fine of $2.26 million (2 million euros) on Facebook for providing a “distorted picture of the amount of illegal content on the social media…

FB’s cryptocurrency get major backing

Backers include PayPal, Visa Inc, Uber Technologies Inc and Mastercard Inc. In a significant development, Facebook Inc’s cryptocurrency has received backing from more than a dozen companies including PayPal Holdings Inc, Visa Inc, Uber Technologies Inc and Mastercard Inc. According to a report from the Wall Street Journal, each company will invest nearly $10 million…

Google faces privacy woes stemming from data handling for its online ad business

Google online ad business faces strong risks of non-compliance to EU’s GDPR. In a development that marks a heightening of Google’s privacy woes, privacy campaigners have filed complaints to data protection regulators in France, Germany and seven other EU countries over the way Google handles data in its online advertising business. Last month, complaints filed…

Here’s why you need to update WhatsApp ASAP

WhatsApp has a serious security vulnerability which allows a hacker to install a malicious program on your device and gain access to your personal data. Ireland’s Data Protection Commissioner (DPC) disclosed, that Facebook’s WhatsApp has informed it of a serious security vulnerability on its platform. “The DPC understands that the vulnerability may have enabled a…