France Slams €135m Fines on Google, Amazon

Image

By Adedapo Adesanya

France’s data privacy watchdog, CNIL, has fined two Google units a total of €100 million and an Amazon subsidiary €35 million over advertising cookies.

The regulator on Thursday said the fines were for having placed advertising cookies on the computers of users without obtaining prior consent and without providing adequate information.

A cookie is a small piece of data stored on a user’s computer browser that allows websites to identify users and remember their previous activity.

The CNIL said when a user visited the website google.fr, several cookies used for advertising purposes were automatically placed on his or her computer, without any action required on the user’s part.

It said a similar thing happened when visiting one page on the amazon.fr website.

CNIL said this type of cookie “can only be placed after the user has expressed his or her consent” and thus violated regulations on receiving prior consent.

It faulted Google for providing insufficient privacy information for users as it did not let them know about the cookies which had been placed and that the procedure to block them still left one operational.

CNIL also said Amazon had not provided clear or complete information about the cookies it placed on computers of users until a redesign in September 2020.

Google also stopped placing cookies on the computers of users without consent in September, CNIL said but added it still does not provide a sufficient explanation for their use.

The regulator said “no matter what path the users used to visit the website, they were either insufficiently informed or never informed of the fact that cookies were placed on their computer.”

The €35 million fine is on the Amazon Europe Core subsidiary while CNIL imposed fines of €60 million on Google LLC and €40 million on Google Ireland Limited.

Business Post had reported that Italy fined US technology giant, Apple, €10 million for giving “misleading” information in advertisements and promotions regarding the water-resistant properties of its smartphones.

“Apple’s feature of being water-resistant up to 30 minutes at a depth ranging from 1 to 4 meters is actually only valid in laboratory tests with static and pure water and is not under normal use conditions. It does not clarify this in promotions”, the Italian Competition Authority said in its statement.

Share
Related Stories
Image
22-August-2023

BRICS and Africa: Balancing Interest Between Geopolitics and Development

By Kestér Kenn Klomegâh BRICS (Brazil, Russia, India, China and South Africa), a group of emerging market powers and one of the most popular organizations, seeks to approve African States into its fold and build on its existing economic and trade with other invited African leaders during the 15th summit in Johannesburg, South Africa. The BRICS members are meeting to deliberate on a broad range of important multiple issues, including new membership, common currency, various parameters of development and security and institutional architecture. More than 70 states are participating, including African leaders, while 23 States have submitted formal applications to

Image
15-September-2023

Russia’s Far East Witnessing Series of Record-Breaking Agreements

By Kestér Kenn Klomegâh Vladivostok, located in Russia’s Far East, hosted the 8th Eastern Economic Forum (EEF) from 12th to 13th September 2023 in an attempt to define further the development of this remote region. Since the beginning of the EEF in 2015, it has, until COVID-19 was followed by Russia’s own ‘special military operation’ in neighbouring Ukraine, the focus was largely on harnessing resources from the United States and Europe to the Far East region of the Russian Federation. Speeches and all kinds of remarks highly praised Western, European and Asia-Pacific participating countries and corporate enterprises under resonating themes

Image
28-August-2023

IFC Invests $11.5bn in Africa’s Green Transition, Job Creation

By Adedapo Adesanya The International Finance Corporation (IFC) has disclosed that it made record financing in Africa to accelerate the continent’s energy transition, develop greener manufacturing, increase intra-Africa trade, strengthen smaller businesses, and boost local food production, including in more challenging fragile and conflict-affected regions in the fiscal year 2023. In a statement corroborating the release of its numbers which spanned between July 1, 2022, and June 30, 2023, IFC disclosed that it put $11.5 billion in investments across 40 countries, the largest ever annual commitment for the continent. Giving a breakdown, the World Bank agency said the support includes

Image
18-September-2023

Okonjo-Iweala, Ruto to Discuss Climate Growth, Investment, Trade Frameworks

By Adedapo Adesanya The Director-General (DG) of the World Trade Organisation (WTO), Mrs Ngozi Okonjo-Iweala, and the President of Kenya, Mr William Ruto, will hold a discussion on positive climate growth, investment, and trade in Africa tomorrow (Tuesday, September 19). The conversation, hosted by the Africa Center in partnership with Global Citizen, Climate Action Platform Africa (CAP-A), and the Government of Kenya, will take place at The Africa Center at Aliko Dangote Hall in New York City. Speaking on the programme, Mr Uzodinma Iweala, CEO of The Africa Center, said the conversation was coming at a time when Africa is

More Stories
Image
22-November-2016

PalmChat Partners Business Post Newspaper

By Modupe Gbadeyanka Newly established and fast-rising digital business newspaper, Business Post Nigeria (www.businesspost.ng), has entered into a partnership deal with PalmChat, a social media application that is fast becoming popular in the world right now. The deal was sealed between the two companies not too long ago in Lagos by their representatives. As part of the deal, PalmChat created a public account for Business Post Nigeria (99920070) for users of the application to get first hand business updates while having fun on their platform. Speaking on the deal, Assistant Editor of Business Post, Mr Dipo Olowookere, described the partnership

Image
26-June-2018

Bears Resurface at Nigerian Stock Exchange

By Dipo Olowookere Transactions on the floor of the Nigerian Stock Exchange (NSE) on Tuesday ended on a negative note as some large cap stocks recorded price reduction. The stock market had put a halt to the six consecutive losing streak yesterday, but profit taking by investors dragged the local bourse down with marginal loss of 0.01 percent. Business Post reports that the All-Share Index (ASI) depreciated today by 3.58 points to settle at 37,988.54 points, while the market capitalisation declined by N1 billion to finish at N13.761 trillion. The volume and value of transactions recorded at the NSE today

Image
05-April-2021

Facebook, WHO Tackle COVID-19 Misinformation in Nigeria, Others

By Adedapo Adesanya Facebook has strengthened its resolve to fight COVID-19 misinformation as it works to connect people to accurate information and reduce misinformation on its platforms in Nigeria and other countries. In a statement, it explained that last month, the company announced the biggest worldwide campaign to promote authoritative information about COVID-19 vaccines which will work to remove false vaccine claims, reduce the distribution of inaccurate health information, and inform people about effective vaccine delivery. Today, across a number of African countries, Facebook is launching a new campaign in partnership with the World Health Organisation (WHO) called Together Against

Image
08-March-2017

Ethiopian Airline Lands in Kaduna Airport

By Modupe Gbadeyanka One of the top foreign airline operators in Nigeria, Ethiopian Airline, has landed at the Kaduna Airport on Wednesday, March 8, 2017 as the Federal Government closed the Nnamdi Azikwe International Airport in Abuja for repairs. Receiving the airline today, Minister of Aviation, Mr Hadi Sirika and other officials of the ministry, assured airline operators in the country that the Abuja Airport would be reopened at the stipulated time. Government had informed airline operators to use the Kaduna Airport during the duration of the repair, six weeks. However, some of the foreign airlines rejected this and stopped

Image
02-April-2022

Atlético Madrid Hosts Alavés at Home with One Eye on the Champions League

Atlético Madrid is facing a decisive week for their hopes in the closing stages of the 2021-2022 season, facing the double competition (domestic and continental) after the forced break for FIFA. Diego Simeone will face several challenges at once, despite the seeming simplicity of the opponent in La Liga. Fourth in the La Liga table with 54 points (level on points with Barcelona but with a game in hand on the Blaugrana), they will welcome Alavés at the Wanda Metropolitano, who are second-bottom in the league, and with their coach José Luis Mendilibar on the ropes barely four months after

Image
02-August-2017

Winners Grab N4.5m in Union Bank Centenary Innovation Challenge

By Dipo Olowookere A total of N4.5 million has been won by three young entrepreneurs in the Union Bank Centenary Innovation Challenge created in partnership with Co-Creation Hub. The challenge was put in place to socially impact Nigeria by unearthing and supporting innovative ideas that address the Sustainable Development Goals (SDGs). At the pitch event, which took place on Thursday, July 27, 2017 at the Heritage Place, Lugard Avenue, Ikoyi, Lagos, Ized Uanikheli of Locitrax group, who produces Biodegradable Plastic Bags, emerged the overall winner, going home with the sum of N2 million. Uanikheli expressed her joy saying it will

Image
06-June-2021

Twitter Ban: SERAP Runs to Commonwealth, UN for Help

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has sent an urgent appeal to the Commonwealth and the United Nations, urging action against the Nigerian government over the ban on microblogging site, Twitter, in the country. In a letter signed by the deputy director of SERAP, Mr Kolawole Oluwadare, the organisation called on the Secretary-General of the Commonwealth, Ms Patricia Scotland QC, to “apply the Commonwealth Charter to hold the Nigerian government to account over the unlawful suspension of Twitter in Nigeria, and the resulting repression of human rights particularly the rights to freedom of expression, access to

Image
07-August-2021

Investors Gain N5bn on Renewed Interest in Energy Stocks

By Dipo Olowookere The portfolios of investors at the Nigerian Exchange (NGX) Limited were expanded by N5 billion on Friday on the back of renewed interest in energy stocks. The sector was one of the two gainers yesterday as a result of demand for shares of Ardova and Oando and this lifted the index higher by 0.95 per cent. The other rising sector was industrial goods, which rose by 0.01 per cent. The insurance sector depreciated by 0.39 per cent during the session, while the banking space lost 0.05 per cent, with the consumer goods counter closing flat. At the

Ad
Ad
Recent Stories
Image
26-September-2023

Smart Recycling Hub Opens in Ibadan

By Aduragbemi Omiyale A smart recycling hub has been unveiled at the Ojoo terminal in Ibadan, the Oyo State capital, courtesy of a waste management consultant, Mottainai Recycling Limited. The facility was opened on Monday at a ceremony attended by the representatives of the state government, the consultant, and the Akinyele Local Government, among others. The Director of Environment of the local council, Mrs Ahmed B.D., said the initiative was aimed to raise awareness among traders, market women, and the general public about climate change, stressing the hazards and consequences of indiscriminate waste disposal, and other undesirable waste management practices.

Image
26-September-2023

Small Business Owners Fret Over Exchange Rate Instability

By Bliss Okperan The exchange rate instability in the country is already giving small business owners sleepless nights and it threatens their investments. This concern was raised recently by the National Vice Chairman of the Nigerian Association of Small-Scale Industrialists, Mr Segun Kuti-George. He emphasised that business owners would have to increase their prices because of the unavoidable consequence of the current exchange rate crisis in Nigeria. According to him, if consumers are unable to meet up with the increase in the cost of goods and services, businesses would be forced to shut down their operations, which would, in turn,

Image
26-September-2023

NGX RegCo’s Code of Conduct for Stockbrokers Takes Effect October 3

By Aduragbemi Omiyale A new Code of Conduct for Approved Persons of Trading License Holders, otherwise known as stockbrokers, has been introduced by the Nigerian Exchange (NGX) Regulation Limited (NGX RegCo). It was disclosed that the ethical guideline was designed to ensure professionals dealing with the trading of shares at NGX Limited follow high standards. Furthermore, it highlights the expected standards and values that Approved Persons must display at all times when conducting their businesses at all times. The idea of the code of conduct for stockbrokers, according to the regulator, is to deepen the market and foster professionalism, integrity,

Image
26-September-2023

Sustainable Development is a Necessity for Every Society in the World

By Professor Maurice Okoli For the majority of African leaders and delegates, it was a momentous achievement, to participate and contribute speeches with diverse themes at the podium during the 78th session of the UN General Assembly (UNGA) in New York. The UNGA traditionally meets in September, the highest global gathering to make several significant decisions on what the organization, consisting of 193 UN members, is generally expected to do. It has wrapped up its 78th annual session with another huge pack of commitments to engage in reshaping a better life for the entire population and Development paradigms in the

Image
26-September-2023

Equinor to Sell 20.2% Stake in Nigeria Oil Field Asset to Chappal

By Adedapo Adesanya A foreign oil company, Equinor ASA, has chosen a little-known Nigerian company, Chappal Energy, as the preferred buyer of its stake in one of the country’s largest deep-water oil fields, Agbami. According to a report by Bloomberg on Monday, the Norwegian energy giant is trying to sell its 20.2 per cent interest in the Agbami field – joining other international producers such as Shell Plc, Exxon Mobil Corporation and Eni SpA in looking to offload assets in Africa’s biggest crude producer, Nigeria. In January, Equinor launched the sale of its stake in an offshore Nigerian oilfield, joining

Image
26-September-2023

400-year-old British Institution Opens $150m School in Lagos

By Adedapo Adesanya A 400-year-old British educational institution, Charterhouse, has commissioned its first African school, currently in progress on a sprawling 70-hectare site located at Ogombo in Lekki, Lagos. The introduction of Charterhouse Lagos marks the convergence of British independent school heritage with cutting-edge educational practices, ushering in a new era of excellence in West African education. Charterhouse Lagos will represent a remarkable educational undertaking in the commercial capital of the country, with the planned $150 million campus expected to be fully delivered in 2028. The school’s development will unfold gradually, with the first intake of primary school students in

Image
26-September-2023

Moniepoint Partners Nithub UNILAG to Train HatchDev Participants

By Modupe Gbadeyanka As part of efforts to meet the target of equipping one million technical talents with the requisite knowledge to excel in the industry, Moniepoint has sponsored the training of the pioneer cohort of the HatchDev programme. The HatchDev initiative is the brainchild of Nithub University of Lagos, designed to produce hundreds of market-ready software engineers every year. The scheme, which runs for nine months and started in October 2022, aspires to shape 300 junior software engineers, 100 intelligent systems developers, and 100 IoT/embedded systems engineers. The first beneficiaries have been trained to be readily absorbed into a

Image
26-September-2023

Senate Resumes, to Screen Acting CBN Governor, FIRS Chief

By Adedapo Adesanya  The Senate and the House of Representatives will on Tuesday resume plenary after weeks of vacation with expectations that they will attend to correspondences from President Bola Tinubu. The upper chamber adjourned for a six-week annual recess on August 17 after confirmating 45 out of the 48 ministerial nominees of President Tinubu. The Senate President, Mr Godswill Akpabio, also announced the composition of 74 standing committees on that day. Upon resumption, the Senate will commence its legislative duties by attending to correspondences from the President requesting the confirmation of some appointments he made. The appointments include those

Image
26-September-2023

FrieslandCampina, CSCS Raise Unlisted Securities Market By 0.54%

By Adedapo Adesanya A 0.54 per cent growth was recorded by the NASD Over-the-Counter (OTC) Securities Exchange on Monday, September 25, after the duo of FrieslandCampina WAMCO Nigeria Plc and Central Securities Clearing System (CSCS) Plc witnessed improvements in the share prices. The milk producer gained N1.39 during the session to end at N73.59 per unit compared with last Friday’s value of N72.20 per unit, while the Nigerian depository company grew by 70 Kobo to sell at N18.20 per share versus N17.50 per share. At the close of transactions, the total value of the unlisted securities market jumped by N6.21

Image
26-September-2023

Naira Falls to N773.25/$1, N1.006/$1 at P2P

By Adedapo Adesanya The new leadership of the Central Bank of Nigeria (CBN) signalled no confidence to traders and investors as the Naira was further dealt a heavy blow at the Investors and Exporters (I&E) and the Peer-to-Peer (P2P) arms of the foreign exchange (FX) market on Monday, September 25, though it maintained stability against the United States Dollar in the parallel market. In the official market, the Naira lost 3.41 per cent or N25.49 against the greenback to finish at N773.25/$1 compared with last Friday’s closing rate of N747.76/$1, as the value of forex transactions went down by 58.3