Lawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.
. The hefty fine was levied by the Committee on Foreign Investment in the US and represents the largest such financial penalty the organization has ever issued. T-Mobile is owned by Deutsche Telekom, a company based in Germany, which is why CFIUS got involved.. CFIUS put some conditions on the purchase, including some related to protecting consumer data .
It also says that the data stayed within the law enforcement community, even after the breaches. T-Mobile claims that the breaches were reported “in a timely manner” and that they were “quickly addressed.” CFIUS has been getting more aggressive in recent months with regard to fines and affiliated penalties. It issued six large penalties in the past year or so, though none get close to the $60 million fine T-Mobile was just hit with. This is approximately three times the number of penalties it has issued during any other similar timeframe throughout its existence, from 1975 until 2022.
“The $60 million penalty announcement highlights the committee’s commitment to ramping up CFIUS enforcement by holding companies accountable when they fail to comply with their obligations,” a US official told
CFIUS Consumer Data Data Breaches
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Get the Apple AirPods Pro 2nd Gen with MagSafe case for $60 off todayOwn a pair of wireless earbuds you can be proud of! Save $60 when you purchase the Apple AirPods Pro 2nd Gen with USB-C at Best Buy today.
Read more »
Reviewers And Tech Experts Alike Endorse This Projector For Backyard Theater — And It's Under $60Haley Zovickian is a staff writer at HuffPost, where she covers shopping and lifestyle trends. She is based in California.
Read more »
Get delicious single-serve coffee with this Keurig for $60 — 40% offBrew the perfect cup of morning coffee with the Keurig K-Mini Single Serve Coffee Maker, now on sale at Amazon for just $60!
Read more »
Bruce Springsteen in Pittsburgh: Where to buy last-minute tickets under $60Springsteen will perform Thursday, Aug. 15, and Sunday, Aug. 18, at PPG Paints Arena.
Read more »
FBI Issues Warning As ‘Men In Black’ Hackers Demand $60 Million RansomDavey Winder is a world-renowned technology journalist who covers cybersecurity news and research. He’s covered everything from the true story behind the hacking of Donald Trump’s nude photos to a record-breaking ransomware payment of $75 million.
Read more »
Billionaire Peter Sperling’s Historic Montecito Estate Relists at a Reduced $60 MillionKnown as Far Afield, the century-old home comes complete with guesthouse and a peacock aviary.
Read more »