penalty

PayPal India Accused Of Hiding Suspect Financial Transactions: Slapped With ₹96 Lakh Fine!

Paypal, the U.S. online payments giant has been slapped with a humongous penalty in India. What went wrong? Let’s find out. The Indian Government’s Financial Intelligence Unit aka FIU slapped an Rs. 96 lakh penalty on PayPal on the grounds...

The Record Fine On Facebook: As Damaging As Equivalent To The Company’s One Month Revenue

The fine on Facebook could be as much as $5 billion - the biggest ever in the history of technology. After various naive user's privacy allegations and data breaching accusations, at last, the social media behemoth Facebook Inc. (NASDAQ:FB) is...

Google Cracks Down On Millions Of Ads And Websites, Launches New Policy Manager

In an attempt to clear out improper advertisements and to better the working of the ad business, Google removed around 2.3 billion ‘bad ads’ that violated its policies. Not limiting its cleansing to selective ads only, Google has also...

The Record Penalty On TikTok Reveals What Children Are Sinking Into, Nowadays!

Looks like popularity came with a hefty price for TikTok! Right when this lip-syncing app was rejoicing its inclusion into the big-billion clan, it's been slapped with a record-breaking fine. Surely, a hefty price! According to the Federal Trade Commission,...

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A Big Blow To Amazon and Flipkart: CCI Investigation To Continue

Flipkart and Amazon continue to find themselves in hot water as their plea against the investigation that is being...