The Luxembourg CNPD has issued Amazon the largest GDPR fine to date, hitting the online shopping giant with a penalty of €746 million (about $887 million) over its targeted advertising practices.
A new proposed privacy bill, The Banning Surveillance Advertising Act, would restrict ad targeting to context and to generalized location data that goes no further than the city level.
Digital Services Act would bring new restrictions on how targeted advertising can use sensitive personal information and a requirement that the inner workings of recommender algorithms be visible to the public.
Twitter has in recent years has begun periodically requiring phone number checks for "account security." What users have not always been aware of is that these items have been added in to Twitter's internal personalized advertising system.
Irish DPC has handed down a €390 million fine to Meta over its targeted advertising practices on Facebook and Instagram. The fine stems from a long legal battle over Meta's claim that users enter into an implicit contract agreeing to receive personalized ads when they accept the terms of service.
The aspect of SOTU that caught big tech's attention was a call for bipartisan support on antitrust enforcement and stronger protections for personal data. The president also called for targeted advertising to children to be banned.
One of the world's largest adtech companies is facing a €40 million GDPR fine over failure to collect proper consent for personal information processing. Criteo's targeted advertising program was also cited for transparency and right of access shortcomings.
For every day that Meta remains out of compliance during the 90-day period, it will be assessed the equivalent of $100,000. The fine period would run until the end of October, and should Meta be out of compliance for the full duration it would end up paying a total of $9 million.