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SAP to pay $222 million to settle US bribery charges

(Reuters) -SAP, the German software company, agreed to pay about $222 million to resolve investigations into bribery schemes in seven countries, U.S. authorities said on Wednesday. The U.S. Department of Justice said SAP has entered a three-year deferred prosecution agreement to resolve criminal charges that it conspired to bribe government officials in Indonesia and South Africa to win business. SAP also reached a related civil settlement with the U.S. Securities and Exchange Commission to reso
New York United States South Africa South African Daniel Wallis Cynthia Osterman
Source: aol.com

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US FTC reaches first location data tracking settlement

Outlogic, a Virginia-based data broker, agreed to stop selling sensitive location data that helps track people's whereabouts, as part of the Federal Trade Commission's first data tracking settlement. Tuesday's accord resolves claims that Outlogic, formerly known as X-Mode Social, violated consumers' privacy for several years by selling their data to advertisers, researchers, retailers and government contractors without permission. According to the FTC, Outlogic had no polic...
United States New York Jonathan Stempel Nick Zieminski Lina Khan Federal Trade Commission
Source: yahoo.com

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