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Google Fined $57M In France For Violating New EU Data Law
France’s National Data Protection Commission said Monday it has fined Google €50 million ($57 million) for violating provisions of the European Union’s new General Data Protection Regulation, or GDPR, which was enacted into law in May.
It marks the first penalty under the GDPR for a major U.S. tech firm, and could…
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Google Parent Alphabet Surpasses Second Quarter Earnings Expectations, Excluding Fine
Google parent Alphabet blasted past Wall Street’s earnings estimates in its second quarter, sending the stock up in after-hours trading.
The company reported per-share earnings of $11.75, excluding the impact of a $5.07 billion charge in connection with a European Commission fine. That compares with analysts’ earnings…
- Breaking
- Business
California Enacts Nation’s Strictest Data Privacy Law
In a move that will have broad ramifications for any company that does business in the US, the California legislature has passed the nation’s strongest data privacy law.
The California Consumer Privacy Act of 2018, which takes full effect in 2020, will limit how big companies like Google, Amazon and Facebook, among…
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By Bruce Haring
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- Breaking
- Business
New European Privacy Law Set, Flooding Inboxes With Mailing List Updates
Companies that market themselves through email – practically every company in the world, that is – are scrambling to become compliant with a new European law that could cause major legal actions.
The General Data Protection Regulation (known by the acronym GDPR) is a new European law that takes effect on Friday, May…
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By Bruce Haring
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- Breaking
- Business
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