fine

Paytm’s Hefty ₹5.39 Crore Penalty: RBI’s Pursuit of Banking Excellence and Cyber Vigilance

The Reserve Bank of India (RBI) has wielded its regulatory authority, imposing a hefty fine of ₹5.39 crore on Paytm Payments Bank Limited, a subsidiary of Paytm. This eye-catching penalty is a result of the bank's non-compliance with RBI's...

Karnataka HC Ruling Against Twitter Triggers the Debate on Freedom of Speech and Government Regulation

In a recent legal showdown between Twitter and the Indian government, the Karnataka High Court dismissed the social media giant's plea challenging the central government's orders to block tweets and accounts. Additionally, a staggering fine of Rs 50 lakh...

Amazon To Cough Up Whopping $888 Million In Fine For GDPR Violation

Amazon found itself in hot water earlier this month but managed to keep it under the cover. The company was slapped with largest ever fine for data protection violations in Europe. On July 16, Luxembourg's data protection authority asked Amazon to...

When Apple Slapped With Fine For Dominating App Market!

Russia has fined Apple $12 million for the alleged abuse of its monopolistic dominance in the mobile app market space. Fined for dominance, isn't it a bit weird? On Tuesday, the Federal Antimonopoly Service, aka FAS said that the iPhone...

Google and Amazon Found Violating Data Privacy Laws, Fined for $163 Million

Big Tech has been caught violating user privacy once again. French privacy watchdog Commission Nationale de l'Informatique et des Libertés (CNIL) announced in a statement on Thursday that it has charged tech giants Amazon and Google with massive fines for...

After Facebook, Now Twitter is Caught Abusing Phone Number For Ads

Thanatophobia, or fear of death, is a relatively complicated phobia. Similarly, fear of losing your digital accounts to hacklers or scammers is equally terrifying for many, if not most, people. And many tech majors is not shying away from taking...

$5 Billion Fine on Facebook: Less of Penalty, More of Mockery?

Last week FTC finally confirmed the $5 billion fine on Facebook. While it didn't surprise many as Facebook already anticipated it much earlier, a debate is trigged about the possible impact of the fine on Facebook and other major...

$5 Billion Fine on Facebook, But Zuckerberg Made $1 Billion From It Too!!!!

Facebook Inc. (NASDAQ:FB) again made headlines when the stocks of the social platform rose significantly, after $5 billion fine on Facebook imposed by FTC. In April we reported the first time that Facebook is staring at the maximum penalty that...

Facebook Negotiating Record Penalty For Alleged Privacy Breaches

Facebook Inc. (NASDAQ:FB) is reportedly negotiating with the U.S. government a record, multi-billion dollar fine for breaching user privacy, after being accused of sharing personal information regarding 87 million users inappropriately with the now defunct British political consulting firm Cambridge...

The Fine On Facebook By UK: Making Mockery of Users’ Data Security Fiasco

By now, almost all of you know of massive Cambridge Analytic scandal, that Facebook Inc. (NASDAQ:FB) was accused of in the early months of the year. The blame was huge, and damages were severe on Facebook to an extent...
- Advertisement -

Latest News

India’s Top 3 IT Firms Let Go 65k Employees in FY24: Is Automation the Culprit?

Tech industry layoffs post-Covid have been a major concern, affecting white-collar employment in India. This trend isn't confined to...
- Advertisement -