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0 0 0.000587889476778249 0.000293944738389124 0 0 0.000576131687242709 -0.000587889476778458
Stock impact report

FCC fines wireless carriers millions for sharing user locations without consent [Yahoo! Finance]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: Yahoo! Finance
The fines stem from allegations in 2020 by the Federal Communications Commission that for years, the companies had improperly shared users' geolocation histories to third parties, including to prisons , as part of their commercial programs. The fines target a practice in which carriers shared user location information with data resellers, known in the industry as “location aggregators.” These aggregators passed the data onward to their own third-party customers. Despite promising to stop the tactic after press reports and a congressional probe brought the issue to light in 2018, carriers took nearly a year, or in some cases even longer, to finally stop doing so, the FCC said Monday, wrapping up a matter launched during the Trump administration. “Each carrier attempted to offload its obligations to obtain customer consent onto downstream recipients of location information, which in many instances meant that no valid customer consent was obtained,” the FCC said in a release. Th Show less Read more
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