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Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data. According to the FTC, the company “actively marketed” its loot boxes to children and misled players about their odds of winning prizes. Cognosphere allegedly also “deceived…
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IBM and GlobalFoundries settle long-running legal cases
IBM and semiconductor firm GlobalFoundries have settled a long-running dispute over intellectual property. Back in 2015, GlobalFoundries – the chipmaking unit of AMD which was spun out in 2009 – took over IBM’s loss-making chip-manufacturing operation. It agreed to provide IBM with high-performance Power processors for mainframes and IBM’s Watson AI technology as the sole supplier over a ten-year period.…
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23andMe agrees to pay $30 million to settle lawsuit over massive data breach
23andMe disclosed the data breach last October, but it didn’t confirm the overall impact until December. Customers using the DNA Relatives feature may have had information like names, birth years, and ancestry information exposed through the breach. At the time, 23andMe attributed the hack to credential stuffing, a tactic that involves logging in to accounts using recycled logins exposed in…
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