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Netflix said it objected to the decision

Posted: Mon Dec 23, 2024 6:28 am
by si.nf.o.269
They’ve since recognized our industry-leading approach to protecting privacy in AI, yet this fine is nearly twenty times the revenue we made in Italy during the relevant period. In another, separate action involving the GDPR, the Dutch Data Protection Authority said Wednesday (Dec. 18) that it fined Netflix 4.75 million euros (about $4.95 million). The regulator said the company did not give its customers enough information about what it does with their personal data.

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These decisions were announced by FedEx President and CEO Raj Subramaniam Thursday (Dec. 19) during the company’s second-quarter earnings call, which saw the company’s total sales of $22 billion slip 1%. Amid these challenges, Subramaniam highlighted the ongoing success of FedEx’s DRIVE program, which he said is critical to the company’s operational improvements. Originally conceived as a structural cost optimization initiative, DRIVE has grown into a broader strategy that fosters efficiency and enhances decision-making across the business.