Page 11 - Sam Schechner News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Vlad Tenev was on the hot seat.

Shapes of things (5) The Wall Street Journal seems to have stirred up an interesting and important lawsuit brought by video-sharing service Rumble against the Google/YouTube prong of Big Tech. The Wall Street Journal’s Sam Schechner reports on the lawsuit in “Google Sued by YouTube Rival Over Search Rankings.” Subhead: “Video-sharing site Rumble, citing a Wall Street Journal investigation, alleges Google diverted traffic away from it toward YouTube.” Schechner reports: Video-sharing site Rumble Inc. accused Google in a lawsuit of abusing the power of its search engine and mobile ope...

Updated Dec. 15, 2020 8:04 am ET Two-and-a-half-years after going into effect, the European Union’s new privacy law has its first fine for a U.S. tech company in a cross-border case—an overdue development, critics say. Ireland’s Data Protection Commission said on Tuesday that it is fining Twitter Inc. €450,000, equivalent to about $546,000, for failing to document or properly notify the regulator within 72 hours of learning of a data breach disclosed in January 2019 that exposed some users’ private tweets. “We take responsibility for this mistake and remain fully committ...

Provided by Dow Jones By Sam Schechner European officials want new powers to oversee internal workings at large tech companies such as Facebook Inc., backed by threats of multibillion-dollar fines, in a bid to expand their role as global tech enforcers. The European Union's executive arm Tuesday proposed two bills -- one focused on illegal content, the other on anticompetitive behavior -- that would empower regulators in some cases to levy fines of up to 6% or 10% of annual world-wide revenue, or break up big tech companies to stop certain competition abuses. ...

 Posted By Ruth King on December 10th, 2020 WASHINGTON—The Federal Trade Commission and 46 states sued Facebook Inc. on Wednesday, accusing the social-media giant of buying and freezing out small startups to choke competition. The FTC’s sweeping antitrust case seeks to force Facebook to unwind its acquisitions of WhatsApp and Instagram, two of its landmark deals. The states filed a separate and similar lawsuit, alleging a lack of competition has harmed consumers, including by weakening privacy protections. The lawsuits come weeks after the Jus...