October 6, 2022
Trending Tags

Google, Meta face record fines in South Korea over privacy violations

Read Time:2 Minute, 9 Second

SEOUL: South Korea has fined Google and Meta greater than $71 million collectively for gathering customers’ private info with out consent for tailor-made advertisements, regulators mentioned Wednesday, the nation’s highest-ever knowledge safety fines.
Investigations into the 2 US tech giants discovered they’d been “accumulating and analysing” knowledge on their customers, and monitoring their use of internet sites and purposes, the Private Data Safety Fee mentioned.
The info was used to “infer the customers’ pursuits or used for customised on-line ads”, it mentioned, including that neither Google nor Meta had clearly knowledgeable South Korean customers of this observe or obtained their consent prematurely.
In consequence, Google was fined 69.2 billion gained ($49.7 million) and Meta 30.8 billion gained ($22.1 million).
“It’s the largest high-quality for the violation of the Private Data Safety Act,” the fee mentioned in an announcement.
Regulators mentioned the vast majority of the customers in South Korea — 82 p.c for Google and 98 p.c for Meta — had unknowingly allowed them to gather knowledge on their on-line use.
“It may be mentioned that the likelihood and the chance of infringement of the rights of the customers are excessive,” the assertion mentioned.
Final yr, South Korea fined Google almost $180 million for abusing its dominance within the cellular working techniques and app markets, saying it was hampering market competitors.
Big US tech firms are repeatedly criticised for dominating markets by elbowing out rivals, with a number of governments globally looking for to rein them in.
The European Union has slammed Google with report antitrust penalties, and likewise gone after Apple and Microsoft.

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published.

Previous post Crypto traders flee Indian Exchanges for Binance to escape taxes
Next post Jeana Keough From ‘RHOC’ ‘Memba Her?