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Stock impact report

Grindr Sued in London for Sharing Users HIV Status With Ad Firms [BNN Bloomberg (Canada)]

Upland Software, Inc. (UPLD) 
Last upland software, inc. earnings: 2/26 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.uplandsoftware.com
Company Research Source: BNN Bloomberg
The LGBTQ+ app allegedly shared information to third parties for commercial purposes without the users' consent, which included data on ethnicity, sexual orientation and HIV test dates, according to law firm Austen Hays which filed the claim at the High Court Monday. The service — described as the world's largest social-networking app for gay, bi, trans, and queer people — was previously fined $6 million by Norway in 2021 for data privacy behavior that breached Europe's strict privacy laws. The UK's privacy watchdog, the Information Commissioner's Office, also investigated the app and issued a warning against breaches. The law firm filed the class action style claim on behalf of potentially hundreds of users. They say the data breach happened mainly before April 2018 and between May 2018 and April 2020 and included two adtech companies, Localytics and Apptimize. “Grindr owes it to the LGBTQ+ community it serves to compensate those whose data has been compromised and have suffer Show less Read more
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