Costco Wholesale Corporation (NASDAQ: COST) is enhancing its lineup of discounted gift cards by adding Uber, Instacart, and DoorDash to its offerings. This strategic move, highlighted by Oppenheimer analyst Rupesh Parikh, is designed to keep cost-conscious consumers engaged as concerns about an economic slowdown loom large.
The authorities in the Netherlands said the ride-hailing company had violated European data protection laws when it sent sensitive information to the United States.
Uber Technologies Inc (NYSE:UBER, ETR:UT8) has been slapped with a $324 million (€290 million) fine by Dutch regulators for transferring the personal data of European taxi drivers to the United States, violating European Union data protection rules. The Dutch Data Protection Authority (DPA) said on Monday Uber failed to appropriately safeguard the data it transferred to the US, constituting a “serious violation” of the General Data Protection Regulation (GDPR).
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Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data.
The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers.
Dutch privacy regulators hit Uber with a record $324 million (€290 million) fine Monday for violating the European Union's data protection laws by transferring sensitive personal data of its drivers to the U.S. without adequate safeguards.
Ride-hailing platform Uber has been fined €290 million — around $324 million at current exchanges rates — by the Netherlands' privacy watchdog for breaching the European Union's General Data Protection Regulation (GDPR).
The Dutch privacy regulator on Monday said it fined Uber Technologies 290 million euros ($324 million) for allegedly sending data on drivers to the U.S. without providing appropriate safeguards.
The Netherland's DPA data protection watchdog said on Monday it imposed a fine of 290 million euros ($324 million) on ride-hailing platform Uber for sending personal data of European taxi drivers to the United States in violation of EU rules.
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