EU charges Facebook over WhatsApp buyout

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EU charges Facebook over WhatsApp buyout


EU charges Facebook over WhatsApp buyout
- BRUSSELS, Belgium (AFP) — The European Union charged Facebook on Tuesday with providing "misleading" information when it sought approval for its blockbuster US$22-billon buyout of the WhatsApp mobile messaging service.The European Commission said the EU's green light of the buyout, announced in October 2014, was not in jeopardy but the social network could face almost two hundred million euros in fines.With the charge, Facebook joins Apple, Google, Amazon and Microsoft among the US-based tech giants caught in major EU competition probes.
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Facebook faces massive fine for "misleading EU over $19bn WhatsApp deal"


Facebook faces massive fine for
- Facebook could be facing a fine of up to 1% of its global revenue for allegedly misleading European Union merger watchdogs when it won approval to buy the WhatsApp messaging service in 2014.The EU 's antitrust authority said it suspects Facebook supplied "incorrect or misleading information" on linking data with WhatsApp as officials investigated the tie-up two years ago.The move, which links WhatsApp information such as phone numbers to individual Facebook accounts, also generated an angry response from privacy activists and various domestic regulators.
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Images, messages and quotes to share on WhatsApp and Facebook


Images, messages and quotes to share on WhatsApp and Facebook
- Facebook and Whatsapp are the quickest and easiest medium for communicating the festival wishes to friends and relatives.Nowadays, granting festival wishes via social media platforms is quite in trend.The festival of Christmas is around the corner, and the preparations for the same are going in full swing.
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EU says Facebook gave 'misleading' information in WhatsApp buyout


EU says Facebook gave 'misleading' information in WhatsApp buyout
- The EU charged Facebook on Tuesday with providing "misleading" information when it sought approval for its blockbuster $22-billon buyout of the WhatsApp mobile messaging service.The commission said the EU's greenlight of the buyout, announced in October 2014, was not put back into question but the social network could face hundreds of millions of euros in fines."The European Commission has sent a Statement of Objections to Facebook alleging the company provided incorrect or misleading information during the Commission's 2014 investigation" of the buyout, the EU's executive arm said in a statement.
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EU accuses Facebook of being misleading about WhatsApp data sharing


EU accuses Facebook of being misleading about WhatsApp data sharing
- The European Commission has now charged Facebook with being somewhat misleading about the privacy implications of its takeover of WhatsApp initiated two years ago.The commission noted that Facebook's updated privacy policy for WhatsApp indicated it would be able to match user numbers of WhatsApp users to details of their associated Facebook account, something the firm had previously said would not be able to be reliably implemented.In today's Statement of Objections, the Commission takes the preliminary view that, contrary to Facebook's statements and reply during the merger review, the technical possibility of automatically matching Facebook users' IDs with WhatsApp users' IDs already existed in 2014The Commission therefore views this as "incorrect" or "misleading" information, and has charged Facebook with this, giving them up until January 31 to give a response in their defense.
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