Browsing: million

The Information Commissioner’s Office said it fined Clearview AI for failing to inform British residents that it was collecting billions of photos from sites including Facebook, Instagram and LinkedIn to build its facial recognition software.

A MassMutual investment subsidiary has agreed to pay $4.75 million to resolve allegations by Massachusetts securities regulators including that it failed to supervise its agents, among them the social media persona “Roaring Kitty,” whose online posts helped spark January’s trading frenzy in GameStop shares. Massachusetts Secretary of the Commonwealth William Galvin on Thursday said MML…

Facebook’s WhatsApp was fined a record 225 million euro ($266 million) by the Irish data protection regulator on Thursday after the EU privacy watchdog pressured Ireland to raise the penalty for the company’s privacy breaches. WhatsApp said the fine was “entirely disproportionate” and that it would appeal. Still, the Irish fine is significantly less than the record $886.6…

Sony Group said Wednesday its PlayStation 5 (PS5) gaming console has sold more than 10 million units since launching last November, outstripping sales of its predecessor even as the Japanese firm grapples with a global chip shortage.

Google was hit with a $593 million fine by France’s antitrust watchdog on Tuesday for not properly complying with orders to hold talks with news publishers in “good faith” and for failing to create plans to pay them for their content. In addition to levying the fine, France’s antitrust authority said the US tech giant…

The source code to an early implementation of the web created by Tim Berners-Lee was sold as an NFT by Sotheby’s. Bidders had a week to name their highest price for the source code in an auction called “This Changed Everything.”

An NFT representing the origins of the Internet as we know it had attracted a bid of $2.8 million as of Monday morning — and may go even higher. The digital token, called “Source Code for the WWW,” contains the original lines of code written by British computer scientist Tim Berners-Lee that created the World…

Shareholders approved the $155 million pay package for Activision Blizzard Inc Chief Executive Robert Kotick on Monday by a 54 percent margin, after the company took the rare move of delaying its vote on executive compensation by a week. The maker of popular video games including “World of Warcraft” and “Call of Duty” faced a…