AppLovin probed by US SEC over data-collection practices, Bloomberg News reports


FILE PHOTO: The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, DC, U.S., November 25, 2024. REUTERS/Benoit Tessier/File Photo

(Reuters) -The U.S. Securities and Exchange Commission has been probing marketing platform AppLovin's data-collection practices, Bloomberg News reported on Monday, citing people familiar with the matter.

Shares of the company were down nearly 16% after the report.

(Reporting by Juby Babu in Mexico City; Editing by Sahal Muhammed)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Google must pay German price comparison platform 465 million euros in damages, court says
Trump brothers-backed American Bitcoin's quarterly revenue more than doubles
Bitcoin slides to six-month low as risk off tone grips markets
'No playbook' for AI bubble fears, says Deutsche Bank investment arm CEO
SAP has offered concessions to settle EU antitrust probe, Commission says
Rise of the robots: the promise of physical AI
ACS, BlackRock launch 2 billion euro data centre joint venture
As AI data scrapers sap websites' revenues, some fight back
Apple aims to capitalise on mini app trend with new programme
Google offers EU to change adtech policy, no divestment

Others Also Read