Advertisement
Canada markets closed
  • S&P/TSX

    22,167.03
    +59.95 (+0.27%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CAD/USD

    0.7388
    +0.0016 (+0.21%)
     
  • CRUDE OIL

    83.11
    +1.76 (+2.16%)
     
  • Bitcoin CAD

    95,871.05
    +2,330.83 (+2.49%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,254.80
    +42.10 (+1.90%)
     
  • RUSSELL 2000

    2,124.55
    +10.20 (+0.48%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • NASDAQ futures

    18,465.00
    -38.75 (-0.21%)
     
  • VOLATILITY

    13.01
    +0.23 (+1.80%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • CAD/EUR

    0.6844
    +0.0039 (+0.57%)
     

Italy antitrust agency probes WhatsApp messaging service

Brian Acton, co-founder of WhatsApp, speaks at the WSJD Live conference in Laguna Beach, California October 25, 2016. REUTERS/Mike Blake (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)