Cloudflare Threatens Italy Exit After $16.3M Fine For Refusing Piracy Blocks

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Cloudflare CEO Matthew Prince has threatened to withdraw free cybersecurity services from Italy’s Milano-Cortina Winter Olympics and potentially exit the country after Italy’s telecommunications regulator fined the company approximately 14 million euros for failing to comply with anti-piracy blocking orders. The penalty equals 1% of Cloudflare’s global annual revenue but exceeds twice what the company earned from Italy in 2024.

Prince called Italy’s Autorita per le Garanzie…



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Cloudflare Threatens Italy Exit After $16.3M Fine For Refusing Piracy Blocks


Cloudflare CEO Matthew Prince has threatened to withdraw free cybersecurity services from Italy’s Milano-Cortina Winter Olympics and potentially exit the country after Italy’s telecommunications regulator fined the company approximately 14 million euros for failing to comply with anti-piracy blocking orders. The penalty equals 1% of Cloudflare’s global annual revenue but exceeds twice what the company earned from Italy in 2024.

Prince called Italy’s Autorita per le Garanzie…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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