Turkey‘s Personal Data Protection Board (KVKK) has fined Amazon’s gaming platform Twitch 2 million lira ($58,000) following a significant data breach, the Anadolu Agency reported. The breach, involving a leak of 125 GB of data, affected 35,274 individuals in Türkiye.
KVKK’s investigation revealed that Twitch failed to implement adequate security measures before the breach and conducted insufficient risk and threat assessments. The platform only addressed vulnerabilities after the incident occurred. As a result, KVKK imposed a 1.75 million lira fine for inadequate security protocols and an additional 250,000 lira for failing to report the breach promptly.
This penalty underscores the increasing scrutiny and regulatory actions against companies handling personal data in Türkiye, highlighting the importance of robust cybersecurity measures to protect user information.
A US judge has ruled that Meta Platforms, the parent company of Facebook, must face trial in an antitrust lawsuit filed by the Federal Trade Commission (FTC). The lawsuit, initiated during the Trump administration, alleges that Meta’s acquisitions of Instagram in 2012 and WhatsApp in 2014 were intended to stifle emerging competition and maintain a social media monopoly. Meta has countered the FTC’s claims, arguing that the regulators ignore substantial competition from platforms like TikTok, YouTube, and LinkedIn.
This case is part of a broader crackdown on Big Tech by United States regulators. The FTC and the Department of Justice are pursuing major antitrust lawsuits against several technology giants, including Amazon and Apple. Alphabet’s Google also faces two significant legal challenges, with one case already finding that the company unlawfully restricted competition among search engines. These lawsuits reflect intensified regulatory efforts to address concerns over the market power of leading technology firms.
Meta’s legal battle could set a significant precedent for how tech conglomerates operate and acquire competitors. Critics argue that Meta’s dominance has harmed innovation and user choice, while the company insists it faces robust competition across the digital landscape. As Meta prepares for trial, the outcome could have far-reaching implications for the tech industry and future regulatory actions against monopolistic practices.
Ilya Lichtenstein, a New York tech entrepreneur, was sentenced to five years in prison for laundering stolen cryptocurrency from Bitfinex, one of the world’s largest exchanges. Lichtenstein admitted to hacking Bitfinex in 2016, stealing around 120,000 bitcoin using advanced tools. At the time of the theft, the bitcoin was valued at $71 million but had soared to $4.5 billion by his arrest in 2022.
Lichtenstein and his wife, Heather Morgan, were arrested in February 2022. Morgan, a self-styled rapper known as “Razzlekhan,” also pleaded guilty to conspiracy charges and is set to be sentenced on November 18. US authorities recovered $3.6 billion of the stolen funds in what Deputy Attorney General Lisa Monaco called the largest financial seizure in the Justice Department’s history.
Alongside his prison term, Lichtenstein will serve three years of supervised release, marking a significant milestone in the fight against cryptocurrency-related crimes.
US officials acknowledged concerns but emphasised that ‘this Convention, by its explicit terms, does not permit Parties to misuse the Convention or any part of it to suppress human rights’ and that ‘the US further call on all states to take necessary steps within their domestic legal systems to ensure the Convention will not be applied in a manner inconsistent with human rights obligations, including those relating to speech, political dissent, and sexual identity’.
Jonathan Shrier, a US representative to the UN, emphasised that the US would hold governments accountable for any misuse of the treaty and encouraged signatories to pass laws safeguarding human rights. He also highlighted mechanisms to monitor and address future abuses under the treaty, urging countries to reject data-sharing requests from those violating its human rights protections.
The UK also issued a statement endorsing the treaty but acknowledged that some member states have already resisted its human rights obligations. In the statement, the UK highlighted that it ‘will not cooperate with any country which does not comply with the safeguards required by this Convention’.
DiploFoundation recently organised an expert discussion to discuss directly with some delegations the contents of the UN convention, including the human rights provisions.
According to sources, the Federal Trade Commission is preparing to investigate Microsoft’s cloud computing business over allegations of anti-competitive practices. The probe will focus on claims that Microsoft uses restrictive licensing terms to deter customers from moving data from its Azure cloud service to competitors.
Reportedly, Microsoft has been accused of tactics such as raising subscription fees for departing customers, imposing steep exit charges, and making its Office 365 products incompatible with rival cloud platforms. These practices could potentially leverage the company’s market power in productivity software to stifle competition.
While the FTC declined to comment on the investigation, Microsoft has yet to respond to the allegations. The Financial Times was the first to report on the probe.
Meta, the parent company of Facebook, has been fined nearly €800M by the European Union for anti-competitive practices related to its Marketplace feature. The European Commission accused the tech giant of abusing its dominant position by tying Marketplace to Facebook’s social network, forcing exposure to the service and disadvantaging competitors.
This marks the first time the EU has penalised Meta for breaching competition laws, though the company has faced previous fines for privacy violations. The investigation found that Meta unfairly used data from competitors advertising on Facebook and Instagram to benefit its own Marketplace, giving it an edge that rivals couldn’t match.
Meta rejected the claims, arguing that the decision lacks evidence of harm to competition or consumers. While the company pledged to comply with the EU’s order to cease the conduct, it plans to appeal the ruling. The case highlights ongoing EU scrutiny of Big Tech, with Meta facing additional investigations on issues like privacy, child safety, and election integrity.
Swisscom has moved a step closer to finalising its €8 billion acquisition of Vodafone Italia after receiving approval from Italy’s communications regulator, AGCOM. The deal, announced in March, aims to merge Vodafone Italia with Swisscom’s Fastweb subsidiary, potentially granting Swisscom a 30% share of Italy’s fixed broadband market. However, the transaction still faces scrutiny from Italy‘s antitrust authority, AGCM, which is conducting a detailed review to assess its impact on competition.
AGCM has expressed concerns that the merger could reduce competition in Italy’s already concentrated broadband market, potentially disadvantaging residential customers. In response, Swisscom has proposed several concessions, including access to Fastweb’s fiber network for competitors and protections for existing wholesale contracts.
Competitors were invited to provide feedback on these concessions by early November, and the AGCM is expected to conclude its review by mid-December. If approved, Swisscom aims to complete the acquisition by early 2025.
South Korean authorities have arrested 215 individuals in connection with the country’s largest cryptocurrency investment scam, which reportedly defrauded investors of 320B won ($228.4M). Among those detained is the alleged leader of the operation, who is accused of selling 28 worthless virtual tokens to approximately 15,000 victims with promises of high returns.
According to police, the group issued six of the tokens on overseas crypto exchanges and manipulated their values through market-making teams. To attract investors, they established consulting companies, recruited sales teams, and targeted viewers of a YouTube channel. Officials revealed that many of the tokens were fraudulent and lacked real value.
This case highlights growing concerns over cryptocurrency-related scams in South Korea and globally, as unregulated digital assets continue to attract both investors and opportunistic criminals. The arrests mark a significant step in addressing financial crimes in the fast-evolving crypto landscape.
Meta Platforms announced it will soon give Instagram and Facebook users in Europe the option to receive less personalised ads. The decision comes in response to pressure from EU regulators and aims to address concerns about data privacy and targeted advertising. Instead of highly tailored ads, users will be shown adverts based on general factors like age, gender, and location, as well as the content they view in a given session.
The move aligns with the European Union‘s push to regulate major tech companies, supported by legislation like the Digital Markets Act (DMA), which was introduced earlier this year to promote fair competition and enhance user privacy. Additionally, Meta will offer a 40% price reduction on ad-free subscriptions for European customers.
The changes follow a recent ruling by Europe’s highest court, which supported privacy activist Max Schrems and ruled that Meta must limit the use of personal data from Facebook for advertising purposes. Meanwhile, the European Union is set to fine Apple under these new antitrust rules, marking a significant step in the enforcement of stricter regulations for Big Tech.
The European Union has issued a directive for Apple to cease geo-blocking content on several of its platforms, including the App Store, Apple Arcade, Music, iTunes Store, Books, and Podcasts. Geo-blocking, the practice of limiting access to content based on a user’s location, is considered discriminatory by the EU, as it creates barriers for consumers depending on where they live or are based. The European Commission has expressed its concerns, warning that if Apple does not address these issues within the next month, national regulators across EU member states could step in with enforcement actions.
European Commissioner Margrethe Vestager underscored the EU’s commitment to ensuring fair access to digital services, stating that no company, regardless of its size, should be allowed to unfairly limit customers’ access to services based on nationality, place of residence, or other factors unrelated to the services provided. Apple now has one month to submit a detailed plan that addresses these concerns and outlines how the company will eliminate geo-blocking practices from its platforms. Failure to meet this deadline could result in penalties or legal consequences as the EU continues to prioritise consumer rights and digital market fairness across Europe.
