PRIVACY

The European Commission started legal action against Britain on Tuesday for what it called a failure to keep people's online details confidential.

Youtube sticks on its privacy and policy where it has disabled upload and comments over a South Korean law requiring a users provide identification.

Swiss bank Credit Suisse has started closing down the offshore accounts of U.S. clients who have not declared the money to the U.S. authorities, a newspaper reported on Sunday.

The Organisation for Economic Co-operation and Development said on Friday that it regretted Switzerland's decision to veto part of the OECD's budget in a dispute over bank secrecy in the Alpine tax haven.

Swiss banking giant UBS has banned travel for over 1,000 financial advisers as the company reviews its policies, following a scandal in which the bank admitted helping some of its customers evade taxes.

UBS said on Thursday a decision by Switzerland and other offshore centers to cooperate more on tax evasion did not weaken the Swiss bank's stance in an ongoing U.S. tax dispute.

American International Group Inc appeared to advise staffers in its troubled Financial Products division that, if enough returned bonuses than it was unlikely their names would be publicly released, according to the Wall Street Journal.

Corrects name of AIG CEO in last paragraph

An online privacy group called on Tuesday for government regulators to investigate the adequacy of Google Inc's security safeguards after the company inadvertently released consumers' private information this month.

Congress has begun to draft a bill that will require companies like Google to warn its users beforehand of its ad-tracking activity in a bid to protect users’ privacy rights.

Switzerland, Austria and Luxembourg offered to relax strict bank secrecy in some tax evasion cases on Friday in a response to a global crackdown on tax havens that is rattling the offshore banking industry.

Switzerland, Austria and Luxembourg offered to relax strict bank secrecy in some tax evasion cases on Friday in a response to a global crackdown on tax havens that is rattling the offshore banking industry.

Switzerland rejects U.S. demands that the country's largest bank UBS should hand over the data of 52,000 U.S. clients, Swiss newspaper Berner Zeitung quoted the Swiss justice minister as saying on Saturday.

Switzerland's bank secrecy remains secure, but the government wants to improve international cooperation on tax offenses, the finance ministry said on Friday.

Switzerland's largest bank held its ground on Wednesday in a dispute with the U.S. government, refusing to disclose the names of tens of thousands of rich American clients suspected by U.S. authorities of using secret Swiss bank accounts to dodge U.S. taxes.

Offshore tax havens used by rich Americans in Switzerland, the Cayman Islands and other nations are targeted for shutdown by bills offered on Monday by Democrats in both chambers of the Congress.

The Obama administration is not interested in escalating a dispute with Switzerland over bank secrecy laws, Switzerland's top justice official said on Monday after meeting with her U.S. counterparts.

Offshore financial centers which have thrived under a veil of bank secrecy will have to embrace transparency to survive a global crackdown on tax cheats that is menacing the private banking sector in Switzerland and beyond.

Facebook Inc is asking its members to help shape its governance policies after drawing their ire for a policy change that many perceived as being overbearing and potentially compromising privacy.

UBS AG shares fell to a new all-time low on Tuesday after news the Swiss bank will have to wait until July to fight in court a U.S. bid to force it to disclose client names in a tax fraud probe.

UBS AG may face a mini-trial in a U.S. court in July as it fights efforts to force it to disclose the names of 52,000 U.S. clients suspected of offshore tax evasion, the New York Times reported on Tuesday. UBS, the world's largest banker to the rich, agreed last week to pay a $780 million fine and disclose the identity of about 300 of its U.S. clients to avert crimi...