Briefing

    Amazon hit with EU data-privacy fine, shares slump

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    The Luxembourg National Commission for Data Protection fined Amazon Europe €746 million (roughly $1.1 billion) after determining the tech giant’s personal-data processing did not comply with European Union rules. The company believes the “decision to be without merit and [intends] to defend ourselves vigorously in this matter,” it said in its financial filings. (The Logic)

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