Overnight Tech: Google appeals record EU fine | Outrage builds over Equifax breach | AT&T workers to protest at iPhone launch

Overnight Tech: Google appeals record EU fine | Outrage builds over Equifax breach | AT&T workers to protest at iPhone launch
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GOOGLE CHALLENGES EU FINE: Google is appealing a record $2.9 billion fine from the European Union over its comparative shopping service, the EU Court of Justice announced Monday morning.

The EU's enforcement wing, the European Commission, issued the massive penalty in June, accusing Google of boosting its own comparative shopping tool in its search results at the expense of other services.

"What Google has done is illegal under EU antitrust rules," said EU Commissioner Margrethe Vestager at the time. "It denied other companies the chance to compete on the merits and to innovate. And most importantly, it denied European consumers a genuine choice of services and the full benefits of innovation."

A Google spokeswoman declined to comment on the appeal.

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When the commission first issued the fine, Google's general counsel, Kent Walker, said that the company disagreed with the decision and hinted at the possibility of an appeal.

"When you use Google to search for products, we try to give you what you're looking for," Walker wrote in a blog post at the time. "Our ability to do that well isn't favoring ourselves, or any particular site or seller--it's the result of hard work and constant innovation, based on user feedback."

The commission also ordered Google to change its search practices by the end of September to give rival services equal consideration. The company is not seeking an injunction against that order, according to reports. Last month, the company submitted plans to comply with the order.

Read more here.

 

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LAWMAKERS OUTRAGED BY EQUIFAX BREACH: The massive breach of credit rating firm Equifax is attracting scrutiny from government officials across the country.

Lawmakers from both parties have expressed concern over the hack, which could have left vulnerable sensitive personal information for as many as 143 million people.  

The New York, Pennsylvania and Illinois attorneys general have announced formal investigations into the hack.

Officials are alarmed by the scope of the breach as well as Equifax's terms of service which forces individuals to waive their right to a class-action lawsuit.

The House Commerce Committee already has plans to hold a hearing on the breach.

Read more here.

 

DEM BLASTS EQUIFAX 'DEBACLE': Sen. Brian SchatzBrian Emanuel SchatzSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Equifax suffered hack months earlier than the date it disclosed Spicer says he wore disguise while traveling to Emmys appearance MORE (D-Hawaii) also took to Twitter Monday to blast the company's handling of the breach.

"If people at equifax cannot pull it together to actually take care of consumers, they shouldn't be allowed to possess our identities," Schatz wrote. "This @Equifax debacle shows this credit report ecosystem operates in the dark, no accountability or consumer protections. It ruins lives."  

Read more here.

 

WHITE HOUSE OPENS DOOR TO NEW DATA RULES AFTER EQUIFAX: White House press secretary Sarah Huckabee Sanders said Monday that the massive Equifax breach could lead to more regulations to protect Americans' personal data.

Sanders said the White House would look into "the best ways to make sure that Americans are protected" from breaches, days after the credit reporting firm acknowledged that as many as 143 million U.S. consumers had their personal data exposed to hackers.

Sanders was responding to a reporter's question about whether the breach warrants new regulations on the handling of Americans' personal data at the White House briefing Monday afternoon.

"I think this is something we have to look into extensively," Sanders replied. "Certainly, something we have to explore -- the best ways to make sure that Americans are protected in that sense."

Read more here.

 

QUESTIONS ON EQUIFAX STOCK SALES: The Senate Finance Committee is pushing Equifax for answers on its cybersecurity breach, joining a growing cadre of lawmakers and Congressional committees who want more information on the hack.

Committee leaders Sen. Orrin HatchOrrin Grant HatchFinance to hold hearing on ObamaCare repeal bill Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea Week ahead in finance: Clock ticking for GOP on tax reform MORE (R-Utah) and Sen. Ron WydenRonald (Ron) Lee WydenSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Overnight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Finance to hold hearing on ObamaCare repeal bill MORE (D-Ore.) pressed Equifax CEO Richard Smith for details in the scope of the breach in which the data of 143 million Americans was compromised, who is affected by it and actions Equifax is taking to mitigate its impacts.

Hatch and Wyden and also asked Smith for details on when three executives who collectively unloaded $1.8 million worth of Equifax stock days after the breach were notified of the cyberattack.

Read more here.

 

NEW PUSH ON CREDIT REPORT LEGISLATION: Lawmakers are putting forward legislation to catch and correct credit reporting errors in the wake of the massive Equifax hack in which the personal information of 143 million Americans was stolen.

Democratic Sens. Brian Schatz (Hawaii), Elizabeth WarrenElizabeth Ann WarrenSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Trump bets base will stick with him on immigration Dems call for action against Cassidy-Graham ObamaCare repeal MORE (Mass.) and Claire McCaskillClaire Conner McCaskillGOP sees fresh opening with Dems’ single payer embrace Senators blast internet subsidy program It is time to make domestic terrorism a federal crime MORE (Mo.) reintroduced legislation on Monday aimed at making it easier for Americans to prevent and resolve identity theft, fraud and credit report mistakes.

The "Stop Errors in Credit Use and Reporting (SECURE) Act" would direct the Consumer Financial Protection Bureau to establish minimum standards for credit reporting agencies.

Currently, credit reporting agencies are not required to correctly match individuals' names, addresses or Social Security numbers. In many cases, this leads to credit card reports with inaccurate information. Under the proposed legislation, agencies would be required to resolve any errors that they find.

Read more here.

 

SPAIN HITS FACEBOOK WITH $1.4 MILLION FINE: Spanish regulators on Monday slapped Facebook with a $1.4 million fine over how it collects personal information on its users.

The Spanish Data Protection Agency (AEPD) said that it found three cases of Facebook collecting information on ideology, sex, religious beliefs, personal tastes and browser history without properly notifying users on why the data was being obtained.

The Spanish watchdog also said that Facebook did not properly inform users that it collects cookies on non-Facebook websites that contain a "Like" button.

Read more here.

 

AT&T WORKERS PLAN PROTEST AT IPHONE LAUNCH: AT&T workers are planning a demonstration outside Apple headquarters on Tuesday during the highly anticipated iPhone 8 launch to draw attention to their ongoing contract dispute.

Members of the Communications Workers of America (CWA) say that AT&T has been cutting pay, laying off workers and offshoring jobs at an alarming rate.

According to the announcement, hundreds of workers are expected to show up and demonstrators plan to chant and display signs that read "iMay get outsourced by AT&T."

Read more here.

 

ON TAP:

The NTSB will take up a crash report on a Tesla Autopilot accident at 9:30 a.m.

The Senate Banking Committee holds a hearing at 10 a.m. on financial technology.

The Joint Economic Committee holds a hearing on digital trade at 10 a.m.

 

IN CASE YOU MISSED IT:

Virginia scraps touchscreen voting machines

The Wall Street Journal: Why Amazon outgrew Seattle

Report: Uber facing federal investigation into secret program that tracked Lyft drivers

Axios: Amazon may get a multi-billion dollar tax break

The New York Times takes a look at the reported pay gap at Google

Best Buy stops selling Kaspersky software

Top Obama IT official joins Squire Patton Boggs

Russian pol: US intel missed 'Russian intelligence' stealing 'the president of the United States'

 

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