Analysis: Twitter fine lacks bite
The social media giant became the first big tech company to be fined by the Irish Data Protection Commissioner under GDPR but the penalty of just €450,000 will have little impact
Scale matters. A fine of €450,000 issued to me and, well, life isn’t looking so hot for the writer of his generation. For Twitter? It represents just one ten-thousandth of its revenues last year.
Helen Dixon, the Data Protection Commissioner (DPC), issued a fine of that amount to the social networking giant in the first general data protection regulation (GDPR) fine issued to a big tech firm by her office. Considering the maximum...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Davy: a corporate titan brought to its knees
It’s been a pillar of Irish public life for almost a century. But now the venerable Dawson Street stockbroker has been rocked by a scandal that threatens to bring down its top brass and destroy its hard-won reputation
Niamh Brennan: Davy’s double-dealing sees its trust rating take a big hit
The revelation that 16 executives at the stockbroking firm were deceiving a client demands more than wishy-washy statements and assurances
Spanish hedge fund spends £7m to boost stake in Tullow Oil
Tullow’s shares have nearly doubled in value since start of year as it seeks to reduce its $2.4 billion debt
Flutter chief declares his firm is now number one in America
The bookmaker’s sales rose to £4.4 billion after a merger with Canadian firm the Stars Group, and a greater stake in FanDuel, while customer numbers rose to 7.1 million a month in the second half of 2020