China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country's market regulator said.
Read the article: Reuters
China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country's market regulator said.
Read the article: Reuters
A House committee has launched an investigation into how companies are handling reproductive health data. House Oversight and Reform Committee Chair Carolyn Maloney (D-N.Y.) and Reps. Raja Krishnamoorthi (D-Ill.) and Sara Jacobs (D-Calif.) sent separate letters to personal health apps and data broker companies expressing their concerns.
Read the article: The Hill
A Miami-based CEO has been arrested for allegedly importing $1 billion worth of counterfeit Cisco equipment from China and then selling it on Amazon and eBay. The Justice Department announced that it had indicted 38-year-old Onur “Ron” Aksoy for selling the counterfeit Cisco gear via numerous online storefronts.
Read the article: PCMag
Alphabet Inc.’s Google has offered concessions in an attempt to head off a possible U.S. antitrust lawsuit aimed at its massive ad-tech business, according to people familiar with the matter, a sign that legal and regulatory pressures on the tech giant are coming to a head. As part of one offer, Google has proposed splitting parts of its business that auctions and places ads on websites and apps into a separate company under the Alphabet umbrella, some of the people said.
Read the article: The Wall Street Journal
Disneyland Resort’s Instagram account was taken over by a self-proclaimed “super hacker” who made a series of profane and racist posts that have since been taken down. Disneyland’s colorful Instagram grid was disrupted with at least four posts by a hacker who called himself David Do.
Read the article: The Wall Street Journal
The heads of the FBI and Britain’s domestic security service issued sharply worded warnings to business leaders about the threats posed by Chinese espionage, especially spying aimed at stealing Western technology companies’ intellectual property. In a rare joint appearance at the headquarters of MI5, Christopher Wray, director of the Federal Bureau of Investigation, and Ken McCallum, director-general of MI5, urged executives not to underestimate the scale and sophistication of Beijing’s campaign.
Read the article: The Wall Street Journal
Google will automatically delete records of abortion clinics visits following the Supreme Court decision to overturn Roe v. Wade. The new policy is in response to growing alarm that the data Google and other technology companies routinely collect about people’s online activities could be used by authorities in states where abortion is now illegal.
Read the article: USA Today
Russian lawmakers approved a bill providing for stricter penalties for foreign internet companies that fail to open an office in Russia, including fines. Moscow has long sought to exert greater control over technology firms, and disputes over content and data have intensified since it sent armed forces into Ukraine on Feb. 24.
Read the article: Reuters
Meta is taking legal action against two prolific data scrapers. The company filed separate federal lawsuits against a company called Octopus and an individual named Ekrem Ateş. According to Meta, the former is the U.S. subsidiary of a Chinese multinational tech firm that offers data scraping-for-hire services to individuals and companies.
Read the article: Engadget
European lawmakers approved two sweeping new pieces of digital regulation, paving the way for clashes between regulators and some of the world’s biggest tech companies over how the rules should be applied. The European Parliament voted its stamp of approval for the two laws — one focused on anticompetitive behavior, the other on content deemed illegal in Europe— after reaching an agreement on them with European Union member states in the spring.
Read the article: The Wall Street Journal
Twitter said that it had sued the Indian government, escalating the social media company’s fight in the country as Prime Minister Narendra Modi seeks more control over critical online posts. Twitter’s suit, filed in the Karnataka High Court in Bangalore, challenges a recent order from the Indian government for the company to remove content and block dozens of accounts.
Read the article: The New York Times
YouTube, Instagram, Discord, and Twitter moved quickly to pull social media pages that appeared to belong to Robert Crimo III, a person of interest in the Chicago suburb shooting that left six dead and dozens injured this afternoon. Under a pair of aliases, Crimo seems to have posted more than a dozen videos to YouTube and hosted a Discord channel named “SS,” which was open to the public through an invite link.
Read the article: The Verge
In what may be one of the largest known breaches of Chinese personal data, a hacker has offered to sell a Shanghai police database that could contain information on perhaps one billion Chinese citizens. The unidentified hacker, who goes by the name ChinaDan, posted in an online forum that the database for sale included terabytes of information on a billion Chinese.
Read the article: The New York Times
The U.S. commodities regulator announced it had filed civil charges against a South African man and his company for operating a fraudulent commodity pool worth over $1.7 billion in bitcoin. The Commodity Futures Trading Commission (CFTC) said the fraud scheme, which saw the firm solicit bitcoin online from thousands of people to purportedly operate a commodity pool, was the largest it had ever pursued involving the cryptocurrency.
Read the article: Reuters
NFT marketplace OpenSea shared that it’s the victim of another data breach — though this time the target is one of its vendors. An employee of its email delivery vendor, Customer.io, allegedly downloaded and shared stored email addresses associated with OpenSea accounts and newsletter subscriptions with an unknown third party.
Read the article: Engadget
A federal communications regulator has asked Apple Inc. and Google to remove Chinese-owned TikTok from their app stores, citing the security risks posed by the data collected by the short-form video site on American users. “It is clear that TikTok poses an unacceptable national security risk due to its extensive data harvesting being combined with Beijing’s apparently unchecked access to that sensitive data,” Federal Communications Commission member Brendan Carr wrote in a letter to Apple and Google, a unit of Alphabet Inc.
Read the article: The Wall Street Journal
Alphabet Inc's Google has agreed to pay $90 million to settle a legal fight with app developers over the money they earned creating apps for Android smartphones and for enticing users to make in-app purchases, according to a court filing. The app developers, in a lawsuit filed in federal court in San Francisco, had accused Google of using agreements with smartphone makers, technical barriers and revenue sharing agreements to effectively close the app ecosystem and shunt most payments through its Google Play billing system with a default service fee of 30%.
Read the article: Reuters
The FBI has warned of an uptick in cases where “deepfakes” and stolen personal information are being used to apply for jobs in the U.S. — including faking video interviews. The shift to remote work is great news for lots of people, but like any other change in methods and expectations it is also a fresh playground for scammers.
Read the article: TechCrunch
The company behind Bored Ape Yacht Club has sued conceptual artist Ryder Ripps for selling duplicates of its Bored Ape non-fungible tokens or NFTs. The lawsuit, filed in a California court, accuses Ripps of a “calculated, intentional, and willful” scheme to damage BAYC while promoting his own copycat work.
Read the article: The Verge
A severe semiconductor shortage has resulted in record wire fraud cases last year reported by desperate buyers, a company that tracks counterfeit and fraud in the chip industry said. ERAI Inc said in 2021 there were 101 wire fraud cases reported to the U.S.-based firm, up from 70 in 2020 and 17 five years ago.
Read the article: Reuters
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