Tag Archives: company

PG&E: Company equipment 'probable' cause of California fire

PG&E: Company equipment 'probable' cause of California fireSAN FRANCISCO (AP) — Pacific Gas & Electric Corp. inched closer to taking responsibility for the deadliest U.S. wildfire in a century, saying Thursday it is "probable" that one of its transmission lines sparked the blaze last year that killed 86 people and destroyed most of the city of Paradise.



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Vigil honors victims of gun rampage at Henry Pratt Company in Aurora, Illinois

Vigil honors victims of gun rampage at Henry Pratt Company in Aurora, IllinoisThe Aurora Prayer Coalition and area churches hosted a vigil at the Henry Pratt Co., where a shooting took place Friday.



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Aurora shooting: Victims of shooting at Henry Pratt Company remembered at vigil Sunday

Aurora shooting: Victims of shooting at Henry Pratt Company remembered at vigil SundayA vigil will be held at Henry Pratt Company in Aurora Sunday at 2:30 p.m. to remember the victims of Friday's shooting and to show support for their families and survivors.



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New Jersey Makes Bid for Amazon HQ2 After Company Pulls Out of New York

New Jersey Makes Bid for Amazon HQ2 After Company Pulls Out of New YorkOn the first full day after Amazon scrapped its plans to open its second headquarters in Queens, New Jersey made it very clear that it wants as many of the company`s jobs as possible to be added in the Garden State.



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Guaido seeks to wrest control of Venezuela's oil company

Guaido seeks to wrest control of Venezuela's oil companyCARACAS, Venezuela (AP) — Venezuela's opposition-controlled National Assembly appointed a transitional board of directors for the state oil company Wednesday, in a bid by congress chief Juan Guaido to gain control of an industry that is the economic backbone of the country.



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Huawei's founder faces fight for company and family

Huawei's founder faces fight for company and familyHuawei founder Ren Zhengfei survived food shortages during China’s Cultural Revolution, but now the reclusive billionaire identified as “Individual-1″ in a US indictment faces an existential fight for his family and company. Ren, 74, founded Huawei in 1987 with just 21,000 yuan ($ 5,600) and watched it grow into a global behemoth with 180,000 employees operating in 170 countries, sales of 206 million smartphones last year, and revenue topping $ 100 billion. The accusations dealt a blow to Huawei’s image just as the famously secretive company had mounted a media blitz to salvage its reputation, with Ren leading the charge to dispute espionage concerns.



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Trump Administration Hits Venezuela's State Oil Company With $7 Billion in Sanctions

Trump Administration Hits Venezuela's State Oil Company With $  7 Billion in SanctionsThe move is aimed at increasing pressure on President Maduro to cede power



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China approves trademarks for Ivanka Trump’s defunct company

China approves trademarks for Ivanka Trump’s defunct companyChina granted preliminary approval for first daughter and White House advisor Ivanka Trump’s now-obsolete company, for five trademarks in the Asian country. The trademarks, which were approved on Sunday, for the Ivanka Trump brand is intended for child care centres, sunglasses and wedding dresses. The Associated Press also reported that another trademark for brokerage, charitable fundraising and art valuation services were approved earlier this month on January 6.



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Supreme Court lets mystery company file appeal under seal

Supreme Court lets mystery company file appeal under sealThe case has remained a high-profile mystery, with the Supreme Court and lower courts declining to identify the company, the country that owns it or the purpose of the subpoena. More details about the company’s legal arguments were revealed in redacted court papers made public after the nine justices permitted it to move forward with its appeal to the high court under seal, a process that keeps many facts about the matter secret. The company is facing a daily fine of $ 50,000 imposed by a U.S. federal judge in Washington for refusing to comply with a subpoena issued in the unidentified investigation.



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Google hit with $57 million GDPR fine, the first for a US tech company

Google hit with $  57 million GDPR fine, the first for a US tech companyGoogle has kicked off 2019 by getting hit with yet another multimillion-dollar fine from a European regulator.

Stemming from an investigation that began in May — the day after Europe's strict new data privacy rules known as GDPR went into effect — France's data protection authority has announced a $ 57 million fine against Google in the first such GDPR penalty levied against a US technology company. In a statement explaining the action, the French agency known as the CNIL noted that the fine is a result of deficiencies that include Google not being clear enough about the way user data is handled to present personalized ads.

The CNIL's statement goes on to note that "the infringements observed deprive the users of essential guarantees regarding processing operations that can reveal important parts of their private life since they are based on a huge amount of data, a wide variety of services and almost unlimited possible combinations." The penalty is also connected to the way the French agency sees Google as not being clear enough in a broad sense about how user data is collected and how it's subsequently used.

Google released a statement saying it hasn't decided yet whether to appeal this punishment, which certainly didn't come as a surprise. Once the General Data Protection Regulation, known as GDPR for short, went into effect in Europe last year, it was regarded as only a matter of time before regulators there would use the stricter privacy framework to push back on tech giants in a way that's not happening in the US.

The CNIL statement goes on to provide context for the fine against Google by noting that "This is the first time that the CNIL applies the new sanction limits provided by the GDPR. The amount decided, and the publicity of the fine, are justified by the severity of the infringements observed regarding the essential principles of the GDPR — transparency, information and consent."

Google, for its part, acknowledged that "high standards" of transparency and control are expected of the company by the public and that Google is "committed to meeting those expectations and the consent requirements of the GDPR." The new fine, however, is yet another example of European-led pushback against the search giant, which has also come under fire from EU officials over antitrust concerns.

Along those lines, the EU hit Google with a record-setting $ 5 billion fine last year for antitrust issues related to its Android mobile operating system.



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