EU hits Amazon with record-breaking $887M GDPR fine over data misuse

Luxembourg’s National Commission for Data Protection (CNPD) has hit Amazon with a record-breaking €746 million ($887m) GDPR fine over the way it uses customer data for targeted advertising purposes. Amazon disclosed the ruling in an SEC filing on Friday in which it slammed the decision as baseless and added that it intended to defend itself […]

Controversial WhatsApp policy change hit with consumer law complaint in Europe

Facebook has been accused of multiple breaches of European Union consumer protection law as a result of its attempts to force WhatsApp users to accept controversial changes to the messaging platforms’ terms of use — such as threatening users that the app would stop working if they did not accept the updated policies by May […]

LinkedIn formally joins EU Code on hate speech takedowns

Microsoft-owned LinkedIn has committed to doing more to quickly purge illegal hate speech from its platform in the European Union by formally signing up to a self-regulatory initiative that seeks to tackle the issue through a voluntary Code of Conduct. In statement today, the European Commission announced that the professional social network has joined the […]

Perspectives on tackling Big Tech’s market power

The need for markets-focused competition watchdogs and consumer-centric privacy regulators to think outside their respective ‘legal silos’ and find creative ways to work together to tackle the challenge of big tech market power was the impetus for a couple of fascinating panel discussions organized by the Centre for Economic Policy Research (CEPR), which were livestreamed […]

UK’s CMA opens market study into Apple, Google’s mobile ‘duopoly’

The U.K.’s competition watchdog will take a deep dive look into Apple and Google’s dominance of the mobile ecosystem, it said today — announcing a market study which will examine the pair’s respective smartphone platforms (iOS and Android); their app stores (App Store and Play Store); and web browsers (Safari and Chrome).  The Competition and […]

Facebook’s use of ad data triggers antitrust probes in UK and EU

Facebook is facing a fresh pair of antitrust probes in Europe. The U.K.’s Competition and Markets Authority (CMA) and the EU’s Competition Commission both announced formal investigations into the social media giant’s operations today — with what’s likely to have been coordinated timing. The competition regulators will scrutinize how Facebook uses data from advertising customers […]

EU and Bill Gates make joint push for $1BN to accelerate clean tech

The European Commission has announced a partnership with Bill Gates’ sustainable energy funding vehicle with the goal of unlocking new investments for clean tech and sustainable energy projects totaling up to $1 billion (€820 million) over five years (2022-2026). EU-based projects the partnership will initially focus on four sectors that are being prioritized for their […]

EU bodies’ use of US cloud services from AWS, Microsoft being probed by bloc’s privacy chief

Europe’s lead data protection regulator has opened two investigations into EU institutions’ use of cloud services from U.S. cloud giants, Amazon and Microsoft, under so called Cloud II contracts inked earlier between European bodies, institutions and agencies and AWS and Microsoft. A separate investigation has also been opened into the European Commission’s use of Microsoft […]

Holidu books $45M after growing its vacation rentals business ~50% YoY during COVID-19

Vacation rental startup Holidu has tucked $45 million in Series D funding into its suitcase — bringing its total raised since being founded back in 2014 to more than $120 million. The latest funding round is led by 83North, with participation from existing investors Prime Ventures, EQT Ventures, Coparion, Senovo, Kees Koolen, Venture Stars, Lios […]

Europe charges Apple with antitrust breach, citing Spotify App Store complaint

The European Commission has issued a formal ‘statement of objections’ against Apple, saying today that its preliminary view is Apple’s app store rules distort competition in the market for music streaming services by raising the costs of competing music streaming app developers. Apple has a period of 12 weeks to respond to the preliminary charges. […]