Facebook has been fined 150,000 euros ($166,000) by France's data protection watchdog for failing to prevent its users' data being accessed by advertisers. Watchdog CNIL said its fine - which was imposed on both Facebook Inc and Facebook Ireland - was part of a wider European investigation also being carried out in Belgium, the Netherlands, Spain and Germany into some of Facebook's practices. The 150,000 euro fine is small in the context of the company, which has quarterly revenue of about $8 billion and a stock market…
BRUSSELS: NATO plans to spend 3 billion euros ($3.24 billion) to upgrade its satellite and computer technology over the next three years as the Western military alliance adapts to new threats, a senior official said. Seeking to deter hackers, and other threats including Iranian missiles, the investments underscore NATO's recognition that conflicts are increasingly fought on computer networks as well as in the air, on land and at sea. A senior official at the NATO Communications and Information Agency said the plans…
PARIS: Paris will commit 145 million euros ($162 mn) for the renovation of stadiums and other infrastructure to ensure it hosts the 2024 Summer Olympics, city officials said on Monday.
COPENHAGEN: Danish police announced they confiscated cash worth nearly 11,000 euros from migrants under a controversial law allowing authorities to seize valuables from people trying to obtain asylum in the country.
PARIS: A Paris court on Tuesday fined a woman 1000 euros for refusing to have her fingerprints taken at a rally where clashes erupted between protesters and security forces ahead of a UN climate summit.
BERLIN: IBM has won an outsourcing contract from Germany's Lufthansa worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline's information technology infrastructure services division and staff.
LONDON/PARIS: Walt Disney Co has come to the rescue of its loss-making subsidiary Euro Disney with a 1 billion-euro ($1.3 billion) funding deal announced on Monday, which could give the U.S. group total control over Europe's biggest tourist attraction.