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Online privacy widened for kids

No parent OK- no photos, data

By ERIC ENGLEMAN BLOOMBERG NEWS

Posted: December 20, 2012 at 3:48 a.m.

Online companies can’t collect photos, videos or location data from children without a parent’s permission, under expanded privacy rules adopted Wednesday by the U.S. Federal Trade Commission.

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Business, Pages 25 on 12/20/2012

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UBS fined $1.5 billion over Libor

FILE - In this March 19, 2012 file photo the logo of the Swiss bank UBS is pictured behind a statue in Zurich, Switzerland. UBS AG agreed Wednesday, Dec. 19, 2012 to pay some US$1.5 billion in fines to international regulators following a probe into the rigging of a key global interest rate. In admitting to fraud, Switzerland's largest bank became the second bank, after Britain's Barclays PLC, to settle over the rate-rigging scandal. The fine, which will be paid to authorities in the U.S., Britain and Switzerland, also comes just over a week after HSBC PLC agreed to pay nearly US$2 billion for alleged money laundering. (AP Photo/Keystone, Steffen Schmidt)

Swiss bank UBS agreed Wednesday to pay $1.5 billion in fines for attempting to manipulate a key interest rate ... Read »

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