Financial Times:
Sources: SEC probe into JPMorgan for letting staff use WhatsApp and other unapproved channels for business spreads to other banks, which may pay $1B+ in fines — SEC investigation sparks questions about how banks monitor communications in an era of disappearing messages
Bloomberg:
The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps — US regulators reached settlements with a dozen banks in a sprawling probe into how global financial firms failed to monitor employees’ communications …
Deeksha Bhardwaj / Hindustan Times:
India proposes a legal framework to regulate over-the-top communications services, including encrypted apps like WhatsApp and Signal, and intercept messages — The bill, if implemented in its current form, will have reaching ramification for the industry that is based on the premise of privacy and security of encrypted messages
Jennifer Surane / Bloomberg:
The SEC says 16 Wall Street firms have agreed to pay $1.1B in combined penalties for failing to monitor employees using unauthorized messaging apps — Banking giants including Goldman Sachs Group Inc. and Citigroup Inc. agreed to pay regulators $1.1 billion in penalties for failing …
Tom Warren / The Verge:
WhatsApp confirms a major outage worldwide, starting around 3AM ET, and says it is “working to restore WhatsApp for everyone as quickly as possible” — WhatsApp is down in a major outage affecting the communications app. The service started experiencing issues at around 3AM ET …
Livemint:
India proposes a legal framework to regulate over-the-top communications services, such as WhatsApp and Signal, including seeking access to data — WhatsApp, Signal and other interception of over-the-top communication services will soon come under a legal framework, the Centre said citing a new draft telecommunications bill.
Jagmeet Singh / TechCrunch:
WhatsApp begins rolling out a Message Yourself feature, letting users send notes, reminders, and shopping lists to themselves — WhatsApp has started rolling out a feature to let you chat with yourself. Sending messages to your own account can be a way to keep a piece of information easily accessible …
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