Tag: european union
Nym gets $6M for its anonymous overlay mixnet to sell privacy as a service
Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5M seed round in 2019. The founders also took in grant money from the European Union’s Horizon 2020 research fund during an earlier R&D phase developing the…
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Ireland must ‘swiftly’ investigate legality of Facebook-WhatsApp data-sharing, says EDPB
Facebook’s lead regulator in the European Union must “swiftly” investigate the legality of data-sharing related to a controversial WhatsApp policy update, following an order by the European Data Protection Board (EDPB). We’ve reached out to the Irish Data Protection Commission (DPC) for a response. Updated terms had been set to…
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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…
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Italy’s DPA fines Glovo-owned Foodinho $3M, orders changes to algorithmic management of riders
Algorithmic management of gig workers has landed Glovo-owned on-demand delivery firm Foodinho in trouble in Italy where the country’s data protection authority issued a €2.6 million penalty (~$3M) yesterday after an investigation found a laundry list of problems. The delivery company has been ordered to make a number of changes…
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White label fintech platform Toqio secures $9.4M Seed led by Seaya and Speedinvest
The upside of the Open Banking regulations which have swept jurisdictions like the UK and the EU is that many more challenger banks have appeared. The headache for either incumbent banks or for upstart startups is the very proliferation of these new banks and financial tech products. But as we…
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Dutch court will hear another Facebook privacy lawsuit
Privacy litigation that’s being brought against Facebook by two not-for-profits in the Netherlands can go ahead, an Amsterdam court has ruled. The case will be heard in October. Since 2019, the Amsterdam-based Data Privacy Foundation (DPS) has been seeking to bring a case against Facebook over its rampant collection of…
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