BREAKING
NVIDIA (NVDA) eyes China AI chip re-entry as export licensing shifts to case-by-case review 3 days ago Qualcomm (QCOM) authorizes $20B stock repurchase program, raises quarterly dividend to $0.92 3 days ago UP Fintech Holding Limited Reports Strong 2025 Results 3 days ago FedEx (FDX) Q3 Earnings Crush Estimates: EPS of $5.25 Beats by 27% on $24B Revenue 3 days ago Cato Corporation 2025 Financial Results Summary 3 days ago GROY Posts Breakeven Q4 Earnings, Beating Estimates by 100% as Revenue Grows 34.2% YoY to $4.5M 3 days ago York Space Systems (YSS) Posts -$0.24 EPS vs. -$0.18 Est., Revenue Soars to $105.3M 3 days ago Scholastic (SCHL) Q3 Loss Narrows to $0.15/Share vs $0.36 Estimate, Revenue Misses at $329.1M 3 days ago Curis (CRIS) EPS Soars 210.8% to $1.23, But Revenue Plunges 67.1% to $1.1M 3 days ago Eton Pharmaceuticals (ETON) Q4 Revenue Surges 82.9% YoY to $21.3M, EPS Climbs 266.7% 3 days ago NVIDIA (NVDA) eyes China AI chip re-entry as export licensing shifts to case-by-case review 3 days ago Qualcomm (QCOM) authorizes $20B stock repurchase program, raises quarterly dividend to $0.92 3 days ago UP Fintech Holding Limited Reports Strong 2025 Results 3 days ago FedEx (FDX) Q3 Earnings Crush Estimates: EPS of $5.25 Beats by 27% on $24B Revenue 3 days ago Cato Corporation 2025 Financial Results Summary 3 days ago GROY Posts Breakeven Q4 Earnings, Beating Estimates by 100% as Revenue Grows 34.2% YoY to $4.5M 3 days ago York Space Systems (YSS) Posts -$0.24 EPS vs. -$0.18 Est., Revenue Soars to $105.3M 3 days ago Scholastic (SCHL) Q3 Loss Narrows to $0.15/Share vs $0.36 Estimate, Revenue Misses at $329.1M 3 days ago Curis (CRIS) EPS Soars 210.8% to $1.23, But Revenue Plunges 67.1% to $1.1M 3 days ago Eton Pharmaceuticals (ETON) Q4 Revenue Surges 82.9% YoY to $21.3M, EPS Climbs 266.7% 3 days ago
ADVERTISEMENT
Market News

French competition regulator seeks clarification on Google Ads

Just weeks after France’s data protection watchdog slapped a $57.5 million fine on Alphabet’s Google Inc (GOOGL) for the alleged breach of European Union online privacy laws, Paris now has an issue with the search giant’s advertising methods. Google Ads is under the scanner of the European country’s competition regulator, after criticism that it has […]

January 31, 2019 2 min read
Market News

Just weeks after France’s data protection watchdog slapped a $57.5 million fine on Alphabet’s Google Inc (GOOGL) for the alleged breach of European Union online privacy laws, Paris now has an issue with the search giant’s advertising methods. Google Ads is under the scanner of the European country’s competition regulator, after criticism that it has […]

Just weeks after France’s data protection watchdog slapped a $57.5 million fine on Alphabet’s Google Inc (GOOGL) for the alleged breach of European Union online privacy laws, Paris now has an issue with the search giant’s advertising methods.

Google Ads is under the scanner of the European country’s competition regulator, after criticism that it has hit the French directory service from the company Amadeus based in the country.

“Google will need to quickly clarify the rules for its Google Ads online advertising platform that apply to electronic paid information services in order to make them more precise and intelligible and to ensure their application under non-discriminatory conditions,” read a statement from the regulator.

Top 4 US companies by market cap - Microsoft, Amazon, Alphabet, Amazon

LOOKING AT THE GDPR FINE

The recent 50-million euro fine on Google was the largest penalty on any US tech firm regarding EU guidelines.

Regulators stated that Google did not supply users with adequate information on how their personal data was collected, and how it was being used. Another allegation was that Google did not gain explicit consent from users before targeting them with ‘personalized’ advertisements.

The new GDPR laws state that tech companies should simplify and state to the user how their data is being collected. Users should also be able to know how their data is being used.

However, Google failed on both these grounds. The details of Google’s data collection and usage are too complicated for users to understand and this complication is worsened by the company’s wide range of services. Google’s privacy settings and its terms and conditions do not provide users with enough flexibility or options to tackle the issue of data privacy.

Google was fined the highest among all US tech firms for breaking GDPR guidelines

In other news, Google recently bought Fossil Group’s (FOSL) smartwatch technology worth $40 million. The deal covers technology currently under development and a part of Fossil’s R&D team who will transition to Google.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference, and much more!

ADVERTISEMENT