Facing a $5 Billion Fine, Facebook Adds $10 Billion in Market Value

“Facebook’s infringements of the 2011 consent decree and its pattern of violating user trusts have been both vast and brazen.” – Letter to FTC from Sen. Ed Markey (D-Massachusetts), Sen. Richard Blumenthal (D-Connecticut), Sen. Josh Hawley (R-Missouri) The Senators are reacting to word that’s leaked out that Facebook will by hit with a record $5

The Justice Department Investigation into Google: What We Know

Facebook’s gotten a lot of attention lately by legislators and regulators, but now the attention is shifting towards Google. The Justice Department is focusing on advertising and search, but the exact focus is unclear according to the Washington Post.  CNBC reports that investigation is about whether the tech company violated laws to ensure fair competition

When It Comes to Digital, Consumers Say One Thing and Often Do Another

Consumers overwhelming say privacy concerns are starting to have them rethinking rethink how they interact online.  At the same time, however, their actions are telling a slightly less convincing story.  People say one thing to researchers, but their actions demonstrate something else. A third of those surveyed think digital is having a “negative effect on

French regulators hit Google with $57 million fine for violations of GDPR

Google has been hit with a $57 million fine for violations of the EU’s GDRP privacy regulations.  CNIL (French data protection regulators) concluded that Google had failed to comply with the law. Lack of Transparency When setting up Android phones, the regulators said Google did not disclose “essential information” to users.  This includes things like

Is Facebook facing record fines for violating its FTC privacy agreement?

The Federal Trade Commission is looking at what could be record-setting fines against Facebook, according to the Washington Post. It has to do with the binding agreement the social media company signed in 2011 to protect personal data. The fine would be for violating that agreement. The biggest fine to date for violating an FTC