This post has been updated.

Google faces heat from E.U. regulators: European officials announced Tuesday that Google’s privacy policy does not meet the E.U.’s standards and that the company needs to give consumers more information about data collection and more control over data use.

Google said in a statement to The Washington Post that it is reviewing the document, but stands behind its policy.

“Our new privacy policy demonstrates our long-standing commitment to protecting our users’ information and creating great products,” Peter Fleischer, the company’s global privacy counsel, said in a statement Tuesday. “We are confident that our privacy notices respect European law.”

MetroPCS shareholders sue over T-Mobile deal: A MetroPCS shareholder has filed a lawsuit against the company’s directors in an effort to stop a merger deal between the firm and T-Mobile.

According to a news release from the Shareholders Foundation Inc. — a class-action monitoring company — the plaintiff believes that the deal drastically undervalues the smaller carrier’s long-term prospects. The deal had been approved by the boards of T-Mobile parent company Deutsche Telekom and MetroPCS, but still needs the approval of MetroPCS shareholders and U.S. regulators.

UPDATE, 0ct. 17: T-Mobile declined to comment. A MetroPCS spokesperson said that the company will “vigorously defend itself against these lawsuits.”

Facebook announces new anti-virus partners: Facebook has added seven new partners to its Anti-Virus Marketplace — an effort to provide Facebook users with free anti-virus software.

Existing Facebook partners including Microsoft, Norton and Sophos will also begin offering free anti-virus software for mobile devices.

On Friday, the Internet Crime Complaint Center issued a warning to consumers about rising rates of malware on Android mobile phones, which allow mobile phones to be controlled and monitored remotely.

Apple announces media event: Apple on Tuesday announced that it will be hosting a media event on Oct. 23, at which many expect the company to unveil a new, smaller iPad.

Releasing a smaller iPad could allow the company to make a big impact in the smaller tablet market, currently occupied by Amazon’s Kindle Fire and Google’s Nexus 7. While Apple has a commanding lead in the worldwide tablet market, it has lost market share to an increasing number of Android and Windows tablets. Diversifying its product lineup has the potential to help the company regain some of its early dominance.

Sprint, Softbank merger may be boon for consumers: Softbank’s $20 billion takeover of Sprint Nextel, may breathe new life into the struggling U.S. wireless carrier and offer the prospect of increased competition and lower prices for consumers, The Washington Post reported.

This merger and the recent announcement between T-Mobile and MetroPCS could give smaller carriers a chance at catching AT&T and Verizon Wireless, which have far outstripped the rest of the industry.