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US fines telcos $200M for sharing customer location data without consent
The U.S. Federal Communications Commission said on Monday that it is fining the four U.S. major wireless carriers around $200 million in total for “illegally” sharing and selling customers’ real-time location data without their consent. AT&T’s fine is more than $57 million, Verizon’s is almost $47 million, T-Mobile’s is more than $80 million and Sprint’s […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Microsoft-backed Rubrik prices US IPO above range at $32 per share
Rubrik prices its initial public offering above its previous target range of $28-$31, valuing it at around $5.6 billion based on the outstanding shares listed in its filing with the US Securities and Exchange Commission
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Top US mobile carriers fined $200m by FCC over illegal location-data sharing
T-Mobile, Verizon, Sprint and AT&T say they will appeal against ‘excessive’ fines meted out by US regulatorThe Federal Communications Commission on Monday fined the largest US wireless carriers nearly $200m for illegally sharing access to customers’ location information.The FCC is finalizing fines first proposed in February 2020, including $80m for T-Mobile; $12m for Sprint, which T-Mobile has since acquired; $57m for AT&T, and nearly $47m for Verizon. Continue reading