Advertisement
Canada markets close in 1 hour 52 minutes

  • S&P/TSX

    21,866.56
    -145.16 (-0.66%)
     

  • S&P 500

    5,069.65
    -0.90 (-0.02%)
     

  • DOW

    38,465.45
    -38.24 (-0.10%)
     

  • CAD/USD

    0.7296
    -0.0025 (-0.33%)
     

  • CRUDE OIL

    82.52
    -0.84 (-1.01%)
     

  • Bitcoin CAD

    88,660.04
    -2,929.43 (-3.20%)
     

  • CMC Crypto 200

    1,401.62
    -22.48 (-1.58%)
     

  • GOLD FUTURES

    2,338.10
    -4.00 (-0.17%)
     

  • RUSSELL 2000

    1,995.49
    -7.15 (-0.36%)
     

  • 10-Yr Bond

    4.6600
    +0.0620 (+1.35%)
     

  • NASDAQ

    15,712.86
    +16.22 (+0.10%)
     

  • VOLATILITY

    15.71
    +0.02 (+0.13%)
     

  • FTSE

    8,040.38
    -4.43 (-0.06%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • CAD/EUR

    0.6820
    -0.0016 (-0.23%)
     
MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Italy antitrust agency probes WhatsApp messaging service

Reuters
An illustration photo shows the Whatsapp application logo on a mobile phone in Rio de Janeiro, Brazil, May 2, 2016. REUTERS/Nacho Doce (Reuters)

ROME (Reuters) - Italy's antitrust watchdog said on Friday it had opened a probe into whether messaging service WhatsApp obliged users to agree to sharing personal data with its parent company Facebook and imposed "unfair" conditions on users. WhatsApp said in August it would start sharing phone numbers with the social network, prompting European regulators to declare they would put the matter under close scrutiny. The Italian agency said it was investigating whether the WhatsApp application had led users to believe they would have not been able to continue using it unless they agreed to terms and conditions including the sharing of personal data. It is also looking into WhatsApp's terms of use including only the provider having the right to terminate the agreement, and "unjustified" interruptions to service. The maximum fine that could be levied at the end of the investigation is 5 million euros ($5.47 million). A spokeswoman for WhatsApp said the company was working with data protection authorities to address their questions. ($1 = 0.9147 euros) (Reporting by Alberto Sisto and Isla Binnie; Editing by Mark Potter)