Kuuhubb Announces Final Settlement with FTC
2021年7月16日 - 5:23AM
Kuuhubb Inc. (“
Kuuhubb” or the
“
Company”) (
TSXV: KUU), a mobile
game development and publishing company focused on providing the
female audience with creative interactive gaming experiences,
announces final settlement with the Federal Trade Commission (FTC),
the United States’ consumer protection agency, for allegedly
violating the Children’s Online Privacy Protection Act Rule (the
COPPA Rule), a law that protects children’s online privacy. The FTC
alleged the Company collected personal information from children
under the age of 13 without parental consent on or before September
1, 2019. As part of the settlement, the Company agreed to pay a
fine of US $100,000 and take steps to make sure that it would not
violate the COPPA Rule.
Jouni Keranen, CEO of Kuuhubb, stated, “We
recognize we needed to strengthen our data collection practices and
our team of programmers has worked tirelessly to ensure the
required rigorous oversight is in place, in order for parents to
feel safe that personal information is not collected without
parental consent. We have also embarked on the development and
subsequent implementation of an AI model to not only identify and
remove negative behavior from community discussion boards, but also
recognize attempts designed to get around certain security
measures. We would like to thank the FTC for its understanding,
prompt responses to our concerns and in assisting our team to
implement the oversight required to ensure that no violation of the
COPPA Rule occurs.”
Please visit this link to view the FTC Complaint:
https://www.ftc.gov/system/files/documents/cases/1823184recolorcomplaint.pdf
Please visit this link to view the FTC Settlement Filing:
https://www.ftc.gov/system/files/documents/cases/1823184recolorstipulatedorder.pdf
Please visit this link to view the FTC Settlement Release:
https://www.ftc.gov/news-events/press-releases/2021/07/online-coloring-book-app-recolor-settles-ftc-allegations-it
About Kuuhubb
Kuuhubb is a publicly listed mobile game
development and publishing company, targeting the female audience
with bespoke mobile experiences. Our Mission is to become a top
player in the female mobile game space. We believe in empowering
women by creating games and apps that will have our female audience
relax, express and entertain themselves every day. Through our
games and partnerships with select developers, we explore new
lifestyle trends that can be converted into games and apps which
will bring value to our users, employees, and shareholders.
Headquartered in Helsinki, Finland, Kuuhubb has a global presence
with a strong focus on U.S. and Asian markets.
Cautionary Note Concerning Forward-Looking
Information
This press release contains forward-looking
information. All statements, other than statements of historical
fact, that address activities, events or developments that the
Company believes, expects or anticipates will or may occur in the
future are forward looking information. This forward-looking
information reflects the current expectations or beliefs of the
Company based on information currently available to the Company.
Forward-looking information is subject to a number of risks and
uncertainties that may cause the actual results of the Company to
differ materially from those discussed in the forward-looking
information, and even if such actual results are realized or
substantially realized, there can be no assurance that they will
have the expected consequences to, or effects on the Company.
Factors that could cause actual results or events to differ
materially from current expectations include, among other thing:
risks related to the growth strategy of the Company; the
possibility that results from the Company’s growth plans will not
be consistent with the Company's expectations; the early stage of
the Company's development; competition from companies in a number
of industries; the ability of the Company to manage expansion and
integrate acquisitions into its business, future business
development of the Company; the ability to predict and counteract
the effects of COVID-19 on the business of the Company, including
but not limited to the effects of COVID-19 on its business
segments, capital market conditions, restrictions on labour and
international travel and supply chains; and the other risks
disclosed under the heading "Risk Factors" in the Company's
management discussion and analysis for the twelve months ended June
30, 2020 filed on SEDAR at www.sedar.com. Forward-looking
information speaks only as of the date on which it is provided and,
except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any
forward-looking information, whether as a result of new
information, future events or results or otherwise. Although the
Company believes that the assumptions inherent in the
forward-looking information are reasonable, forward-looking
information is not a guarantee of future performance and
accordingly undue reliance should not be put on such information
due to the inherent uncertainty therein.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For further information, please contact:
Kuuhubb Inc.Jouni Keränen – CEOjouni@kuuhubb.comOffice: +358 40
590 0919
Bill MitoulasInvestor Relationsbill@kuuhubb.comOffice: +1 (416)
479-9547
KuuHubb (TSXV:KUU)
過去 株価チャート
から 10 2024 まで 11 2024
KuuHubb (TSXV:KUU)
過去 株価チャート
から 11 2023 まで 11 2024