Cognosphere, the publisher of anime-style fantasy video game "Genshin Impact," has agreed to pay $20 million to settle U.S. Federal Trade Commission allegations that the company violated a children's privacy law. It will also block children under age 16 from making in-game purchases without parental consent as part of the settlement, the FTC said. The FTC accused Singapore-based Cognosphere of unfairly marketing loot boxes to children that obscured real costs and misled all players about the odds of obtaining prizes.

tag:reuters.com,2020:binary_RC2OMJ9JPU4K-BASEIMAGE

Reuters

United Kingdom

'Genshin Impact' publisher settles US charges of violating children's privacy

Cognosphere, the publisher of anime-style fantasy video game "Genshin Impact," has agreed to pay $20 million to settle U.S. Federal Trade Commission allegations that the company violated a children's privacy law.

Ad Fontes Media

All Sides

Media Bias/Fact Check

The Woodbridge Company

WASHINGTON : Cognosphere, the maker of anime-style fantasy video game "Genshin Impact," has agreed to pay $20 million and block children under age 16 from making in-game purchases without parental consent to settle U.S. Federal Trade Commission allegations that the company violated a children's privacy law.

Channel News Asia

Government of Singapore

Singapore

'Genshin Impact' maker settles US charges of violating children's privacy

Singapore-based Cognosphere was accused of unfairly marketing loot boxes to children.

The Straits Times

Singapore Press Holdings

Genshin Impact publisher to pay $27m to settle US charges of violating children’s privacy

The maker of the popular video game Genshin Impact agreed to pay $20 million to settle claims that it deceived players about the cost of winning sought-after prizes, the US Federal Trade Commission said Friday.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

Genshin Impact Video Game Maker to Pay $20 Million in FTC Case

The FTC and HoYoverse are reportedly near a settlement that may send money out to Genshin Impact players over loot boxes.

Gamespot

Red Ventures

Genshin Impact Might Soon Have To Pay You Money

HoYoverse, publisher of the popular gacha game Genshin Impact, has agreed to pay a $20 million fine and change its marketing practices.

Digital Trends

Designtechnica

Hoyoverse is facing a $20M fine over its loot box mechanics

Genshin Impact remains one of the most popular gacha games in the world, constantly adding new regions and characters, but now they’ve run afoul of the FTC

Forbes

Forbes family (publishers)

‘Genshin Impact’ Must Pay $20 Million For Misleading Players About Gacha Spending

The essential tech news of the moment. Technology's news site of record. Not for dummies.

Techmeme

California

The FTC says Genshin Impact maker Cognosphere will pay $20M to settle claims that it deceived players about the cost of winning prizes and mishandled kids' data

Genshin Impact publisher Hoyoverse has agreed to a settlement with the United States Federal Trade Commission where it agrees to pay a $20 million fine, and be banned from sellling lootboxes to teenagers under the age of 16.In press release by the FTC, the agency announced that the makers of Genshin Impact "has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent," as part of a settlemen…

J2 Global

Genshin Impact Developer Agrees to $20M Fine Over Loot Box Violations

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

‘Genshin Impact’ Must Pay $20 Million For Misleading Players About Gacha Spending

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics