Top News: OpenX fined by FTC, JPMorgan attracts penalty, and more

Ad Platform OpenX fined by the FTC

Online advertising platform OpenX Technologies Inc. has been fined $2 million by the Federal Trade Commission for violating the children’s privacy law. The company allegedly collected personal information from children under 13 without parental consent and also collected geolocation information from users who specifically asked not to be tracked. Read More

JPMorgan to pay fine for allowing employees to discuss business over WhatsApp

JPMorgan Chase & Co. has been hit with a fine of $200 million by regulators for breaking federal record-keeping requirements. The company was supposed to ensure that employee communications were archived for regulatory scrutiny, but it was found that employees conducted business over WhatsApp and personal devices. Read More

Desjardins settles class-action lawsuit