That stake was worth about $50 million.
Now, regulators in the Netherlands have levied a multimillion-dollar fine for violating the GDPR.
then you’ve got the option to end up in the database of Clearview and be tracked.
This is not a doom scenario from a scary film.
Nor is it something that could only be done in China."
seems as if this incremental fine is inevitable since, thus far, Clearview has completely ignored Dutch authorities.
It has not even responded to the initial charge, an inaction that voids its right to appeal.
“Certainly not in this serious manner and on this massive scale.
The Netherlands is not the only country that has disputed Clearview’s practices.
Clearview co-founder and CEO Hoan Ton-That ignored these demands,insistingthat the First Amendment protected his company’s methods.
Scrutiny was heightened when a hackerinfiltratedcompany servers and stole data, including Clearview’s entire client list.
Eventually, several states sued the company for privacy violations.
The US Congress alsofloateda proposed bill called the Fourth Amendment Is Not For Sale Act.
The bill is still working its way through Capital Hill, most recentlylandingfor consideration in the Senate in April.
The measure should pass since it was introduced to the House of Representatives by the Senate in 2020.
Between levied fines, legal expenses, and settlement expenditures, the firm is on the verge of bankruptcy.
The fact that it has stayed in business under such circumstances demonstrates the value of wholesale consumer data.
