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Google must pay €50 million for GDPR violations, France says – Ars Technica

Google must pay €50 million for GDPR violations, France says – Ars Technica

Business
. Enlarge / Google's main headquarters.Cyrus Farivar Google has been fined €50 million (~$57 million) by French regulators, the first major penalty under a sweeping new European Union privacy law known as GDPR, which took effect last year. According to the French government agency, known by the acronym CNIL, Google is still in breach of the law. CNIL explained that Google had violated two provisions of the law: first by not making its data-collection policies easily accessible enough and second by not obtaining sufficient and specific user consent for ad personalization across each of Google’s numerous services, including YouTube, Google Maps, and more. "It is not a one-off, time-limited, infringement," the agency said Monday. The two complaints were filed...
French data protection watchdog fines Google $57 million under the GDPR – TechCrunch

French data protection watchdog fines Google $57 million under the GDPR – TechCrunch

Business
. The CNIL, the French data protection watchdog, has issued its first GDPR fine of $57 million (€50 million). The regulatory body claims that Google has failed to comply with the General Data Protection Regulation (GDPR) when new Android users set up a new phone and follow Android’s onboarding process. Two nonprofit organizations called ‘None Of Your Business’ (noyb) and La Quadrature du Net had originally filed a complaint back in May 2018 — noyb originally filed a complaint against Google and Facebook, so let’s see what happens to Facebook next. Under the GDPR, complaints are transferred to local data protection watchdogs. While Google’s European HQ is in Dublin, the CNIL first concluded that the team in Dublin doesn’t have the final say...
France uses new EU data law to fine Google €50 million – The Local France

France uses new EU data law to fine Google €50 million – The Local France

Business
. Google was given the record fine from the CNIL regulator for failing to provide transparent and easily accessible information on its data consent policies, a statement said.   Google was handed the record fine from the CNIL regulator for failing to provide transparent and easily accessible information on its data consent policies, a statement said.   The CNIL said Google made it too difficult for users to understand and manage preferences on how their personal information is used, in particular with regards to targeted advertising.   "People expect high standards of transparency and control from us. We're deeply committed to meeting those expectations and the consent requirements of the GDPR," a Google spokesperson said in a statement.   &n...
Tesla Model 3 receives European homologation as first batch is on its way – Electrek

Tesla Model 3 receives European homologation as first batch is on its way – Electrek

Business
. Tesla has now received European homologation for Model 3 – enabling the automaker to deliver the new electric car in European markets as the first batch of vehicles is on its way. RDW, the Dutch regulator and European authority used by Tesla to approve its vehicles for European roads, has confirmed that Model 3 is now homologated for Europe. The timing couldn’t be better because thousands of Model 3 vehicles are currently on a ship to Europe. As we reported just over a week ago, a massive Tesla Model 3 shipment was spotted being gathered at the San Francisco port before being loaded inside a cargo ship. Many Tesla Model 3 reservation holders in Europe have been waiting for the vehicle for years and they are understandably excited. They have been tracki...
IMF says the global economic expansion is losing momentum as it cuts growth forecasts – CNBC

IMF says the global economic expansion is losing momentum as it cuts growth forecasts – CNBC

Business
. The International Monetary Fund (IMF) revised down its estimates for global growth on Monday, warning that the expansion seen in recent years is losing momentum. The Fund now projects a 3.5 percent growth rate worldwide for 2019 and 3.6 percent for 2020. These are 0.2 and 0.1 percentage points below its last forecasts in October — making it the second downturn revision in three months. Speaking at the World Economic Forum in Davos, the IMF's Managing Director Christine Lagarde said: "After two years of solid expansion, the world economy is growing more slowly than expected and risks are rising. But even as the econo...
IMF cuts global growth forecast and warns of trade war and Brexit risks – CNN

IMF cuts global growth forecast and warns of trade war and Brexit risks – CNN

Business
. The agency's updated World Economic Outlook lowered estimates for growth in 2019 by 0.2 percentage points to 3.5%, its second downward revision, this time on account of weakness in Germany and Turkey. But the new report, released as bankers and other global leaders gathered for an annual economic conference in Davos, Switzerland, made clear that the biggest known risks to growth are the unresolved trade war between the United States and China, and the possibility of Britain exiting the European Union without a deal."The main shared policy priority is for countries to resolve cooperatively and quickly their trade disagreements and the resulting policy uncertainty," the authors wrote, "rather than raising harmful barriers further and destabilizing an already slowing global economy." The...
Asian markets rise despite slower economic growth in China – MarketWatch

Asian markets rise despite slower economic growth in China – MarketWatch

Business
. Shares in Asia rose modestly on Monday, extending gains on Wall Street last week. Buying enthusiasm was spurred by renewed hopes for progress on resolving the trade standoff between the U.S. and China. Shares rose in Shanghai and Hong Kong early Monday despite news that China’s economy grew at its lowest pace in three decades last year. The Shanghai Composite Index SHCOMP, +0.56%  closed up 0.6% a...
Passengers Stuck on United Flight in Frigid Cold for More Than 14 Hours – WNEP Scranton/Wilkes-Barre

Passengers Stuck on United Flight in Frigid Cold for More Than 14 Hours – WNEP Scranton/Wilkes-Barre

Business
. [unable to retrieve full-text content]Passengers Stuck on United Flight in Frigid Cold for More Than 14 Hours  WNEP Scranton/Wilkes-BarreNEWFOUNDLAND, Canada -- Passengers aboard a United Airlines flight from Newark, New Jersey, to Hong Kong were left stuck on the ground for more than ...View full coverage on Google News . Source link
Passengers Spend 14 Hours Stuck on Cold, Grounded Plane – Newser

Passengers Spend 14 Hours Stuck on Cold, Grounded Plane – Newser

Business
. (Newser) – The Newark to Hong Kong route is one of the world's longest flights. And for United Airlines passengers on Saturday, it was much longer than usual—and they ended back in Newark at the end of it. The passengers were stuck on the ground in frigid weather at a Canadian military base for more than 14 hours after the flight had to divert to Goose Bay, Newfoundland due to a medical emergency, CNN reports. "After medical professionals helped the passenger off, we were told we were just refueling and then we’d head back to Newark," p...
The number of births in China hit its lowest level since 1961 – CNBC

The number of births in China hit its lowest level since 1961 – CNBC

Business
. The number of babies born in China in 2018 was the lowest the country has seen in nearly 60 years, according to Chinese financial services firm Wind Information. China on Monday reported that there were 15.23 million births last year — the lowest since 1961 when 11.87 million births were reported, data on Wind showed. Last year's birth figure was 11.6 percent lower than 17.23 million in 2017, according to Wind. The release of China's latest birth data puts the country's population at 1.395 billion in 2018, the Associated Press reported, citing data by the Nat...