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...
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 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...
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...
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...
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...
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 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...
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...