Amazon agrees to settle two EU antitrust cases related to third-party sellers on its platform, won’t pay a fine, and will adhere to commitments for seven years (Sam Schechner/Wall Street Journal)

Erin Mulvaney / Wall Street Journal:
Ericsson’s Vonage agrees to pay $100M to settle FTC allegations over creating obstacles to canceling internet-based phone services and charging unexpected fees  —  Agreement with Ericsson subsidiary represents largest penalty in FTC enforcement push to stop companies from creating obstacles to consumer cancellations

Paul Sawers / TechCrunch:
Drata, which uses automation to help companies adhere to compliance frameworks, raised a $200M Series C led by Iconiq Growth and GGV Capital at a $2B valuation  —  Drata, a security compliance and automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR …

Sam Schechner / Wall Street Journal:
Ireland’s Data Protection Commission fines Meta €265M for failing to safeguard data on 500M+ users from data scrapers, the third fine by the DPC on Meta  —  Company gets new EU privacy fine as bloc tightens regulation of big tech companies  —  A top European regulator fined Facebook …

Monica Chin / The Verge:
Google announces $20M in new commitments to expand computer science education in the US and expects the funds to improve educational access for 11M+ students  —  Grants will support 4-H, The Hidden Genius Project, CUNY, and more  —  Google has announced $20 million in new commitments …

Sam Schechner / Wall Street Journal:
Sources: EU privacy regulators rule that Meta’s TOS should not require that users agree to personalized ads based on their online activity; Meta can appeal  —  EU privacy regulators say Facebook, Instagram shouldn’t use their terms of service to require users to accept ads based on their digital activity

Brody Ford / Bloomberg:
Dell agrees to pay $1B to settle a shareholder lawsuit over a $23.9B stock conversion in 2018; investors alleged the transaction was billions below market value  —  Dell Technologies Inc. agreed to pay $1 billion to settle a shareholder lawsuit relating to a controversial 2018 stock conversion transaction.