Advertisement
Canada markets open in 4 hours 7 minutes
  • S&P/TSX

    22,468.16
    +2.79 (+0.01%)
     
  • S&P 500

    5,321.41
    +13.28 (+0.25%)
     
  • DOW

    39,872.99
    +66.22 (+0.17%)
     
  • CAD/USD

    0.7317
    -0.0019 (-0.26%)
     
  • CRUDE OIL

    77.61
    -1.05 (-1.33%)
     
  • Bitcoin CAD

    95,602.88
    -1,428.45 (-1.47%)
     
  • CMC Crypto 200

    1,499.35
    -27.07 (-1.77%)
     
  • GOLD FUTURES

    2,419.50
    -6.40 (-0.26%)
     
  • RUSSELL 2000

    2,098.36
    -4.14 (-0.20%)
     
  • 10-Yr Bond

    4.4140
    -0.0230 (-0.52%)
     
  • NASDAQ futures

    18,795.50
    -3.75 (-0.02%)
     
  • VOLATILITY

    12.07
    +0.21 (+1.77%)
     
  • FTSE

    8,391.10
    -25.35 (-0.30%)
     
  • NIKKEI 225

    38,617.10
    -329.83 (-0.85%)
     
  • CAD/EUR

    0.6745
    -0.0009 (-0.13%)
     

Microsoft to pay $20 mln to settle charges it collected children's information

WASHINGTON, June 5 (Reuters) - Microsoft will pay $20 million to settle U.S. Federal Trade Commission charges that the tech company illegally collected personal information from children without their parents' consent, the FTC said on Monday.

The company had been charged with violating the U.S. Children's Online Privacy Protection Act (COPPA) by collecting personal information from children who signed up to its Xbox gaming system without notifying their parents or obtaining their parents' consent, and by retaining children's personal information, the FTC said in a statement.

(Reporting by Kanishka Singh in Washington; Editing by Jacqueline Wong)