financetom
Business
financetom
/
Business
/
Uber fined in Netherlands for sending drivers' data to the US
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Uber fined in Netherlands for sending drivers' data to the US
Aug 26, 2024 1:31 AM

AMSTERDAM (Reuters) - Ride-hailing platform Uber has been fined 290 million euros ($324 million) in the Netherlands for sending the personal data of European taxi drivers to the United States in violation of EU rules, Dutch data protection watchdog DPA said on Monday.

Uber has stopped the practice, DPA added.

"This flawed decision and extraordinary fine are completely unjustified. Uber's cross-border data transfer process was compliant with GDPR during a 3-year period of immense uncertainty between the EU and U.S.. We will appeal and remain confident that common sense will prevail," Uber spokesperson Caspar Nixon told Reuters in an email.

"Uber transferred personal data of European taxi drivers to the United States and failed to appropriately safeguard the data," the DPA said

"This constitutes a serious violation of the General Data Protection Regulation (GDPR)," it said.

The investigation was triggered by a complaint from French taxi drivers.

French national data protection regulator CNIL said in a separate statement that it had cooperated with its peer in the Netherlands where Uber has its main European base.

($1 = 0.8942 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lichen China Closes $3.1 Million Registered Direct Offering of Shares
Lichen China Closes $3.1 Million Registered Direct Offering of Shares
Dec 31, 2024
05:27 PM EST, 12/31/2024 (MT Newswires) -- Lichen China ( LICN ) closed its $3.1 million registered direct offering of shares, Univest Securities said Tuesday. Lichen China ( LICN ) sold 25 million class A shares or pre-funded warrants in lieu thereof to several investors at $0.125 per share in the offering, according to Univest. Shares of Lichen China (...
Paranovus Entertainment Technology Regains Nasdaq Compliance on Minimum Bid Price Rule
Paranovus Entertainment Technology Regains Nasdaq Compliance on Minimum Bid Price Rule
Dec 31, 2024
05:21 PM EST, 12/31/2024 (MT Newswires) -- Paranovus Entertainment Technology ( PAVS ) said late Tuesday it regained compliance with Nasdaq's minimum bid price requirement for continued listing. The company said it received notification from Nasdaq that its stock's closing bid price has been at least $1 for the 10 consecutive business days from Dec. 13 to Dec. 30. Shares...
Nippon Steel Proposes Biden Government Veto Over US Steel's Production Output In Bid To Secure Acquisition
Nippon Steel Proposes Biden Government Veto Over US Steel's Production Output In Bid To Secure Acquisition
Dec 31, 2024
Nippon Steel ( NISTF ) proposed granting the U.S. government veto power over reductions in U.S. Steel Corp’s production capacity in a bid to secure approval from President Joe Biden for its $14.9 billion acquisition of the American steelmaker. The Washington Post, which first reported this story, noted the proposal is aimed at mollifying the Committee on Foreign Investment in...
EQT Closes Non-Operated Asset Divesture to Equinor
EQT Closes Non-Operated Asset Divesture to Equinor
Dec 31, 2024
05:25 PM EST, 12/31/2024 (MT Newswires) -- EQT (EQT) said late Tuesday it completed the sale of its remaining non-operated natural gas assets in Northeast Pennsylvania to Equinor USA Onshore Properties and its affiliates for about $1.25 billion in cash, less closing adjustments. EQT used the sale proceeds to repay borrowings under its revolving credit facility, the company said. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved