September 4, 2024
Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating companies failed to keep proper electronic communications — the latest fallout from US regulators’ so-called WhatsApp investigations. The Securities and …
February 12, 2024
A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to settle U.S. Securities and Exchange Commission charges of record-keeping failures, the regulator said on Friday. The settlements with broker-dealers and investment …
January 19, 2023
Meta’s WhatsApp subsidiary was fined 5.5 million euros ($5.95 million) on Thursday by Ireland’s Data Privacy Commissioner (DPC), its lead EU privacy regulator, for an additional breach of the bloc’s privacy laws. The DPC also told WhatsApp to reassess how …
October 5, 2022
Meta Platforms Inc. could face a hefty fine as a probe by a key European Union privacy watchdog into the leak of the personal data of more than half a billion users last year draws to a close. The Irish …
March 22, 2022
A Moscow court said on Monday that Meta was guilty of “extremist activity,” but the ruling will not affect its WhatsApp messenger service, focusing on the U.S. firm’s already-banned Facebook and Instagram social networks. Meta did not respond to requests …
November 9, 2021
A U.S. appeals court said Facebook can pursue a lawsuit accusing Israel’s NSO Group of exploiting a bug in its WhatsApp messaging app to install malware allowing the surveillance of 1,400 people, including journalists, human rights activists and dissidents. In …
October 5, 2021
Former Facebook employee and whistleblower Frances Haugen will urge the U.S. Congress on Tuesday to regulate the social media giant, which she plans to liken to tobacco companies that for decades denied that smoking damaged health, according to prepared testimony …
September 3, 2021
Ireland hit Facebook’s WhatsApp with a record 225 million euro ($266 million) fine on Thursday following an inquiry into the messaging app’s transparency around sharing personal data with other Facebook companies. WhatsApp said the fine was “entirely disproportionate” and that …
July 24, 2020
Facebook Inc.’s WhatsApp plans to team up with more Indian lenders to expand banking services in rural areas and for lower income individuals, the messaging platform’s country head said on Wednesday. WhatsApp, which counts India as its biggest market with …