Tag: fine
TikTok faces £27-million fine in UK over children’s privacy breach
TikTok could face a £27 million ($29 million) fine in the U.K. over a possible breach of U.K. data protection law by failing to...
Morgan Stanley hit with $35m penalty for failing to protect customer...
Morgan Stanley Smith Barney (MSSB) has been slapped with a $35 million penalty for failing to protect the personal identifying information (PII) of about...
Google loses appeal against record $4billion EU fine
Search Engine giant, Google on Wednesday lost its appeal against a record €4.34billion European Union (EU) fine for using the dominance of its Android...
Brazil stops sale of chargerless iPhone, fines Apple $2.3 million
Brazil’s justice ministry has told Apple to halt sales of iPhones without wall chargers across the country and fined their local unit $2.3 million.
The...
Meta fined €405 million for violating teen privacy on Instagram
Meta’s Instagram service has been ordered to pay a €405 million fine for the way it handled teen data in Ireland, Politico reported.
The fine,...
US Banks to pay $1 billion fine over traders’ use of...
A number of Wall Street banks are preparing to pay up to $200m each to settle a case with the US Securities and Exchanges...
Nigerian regulator fines MultiChoice, others ₦5 million each
Nigeria’s broadcast regulator has fined MultiChoice Group’s Nigerian unit and others ₦5-million (GHS104,648) each for airing a BBC report that allegedly glorified the activities...
Apple faces fine in Russia
Apple faced further regulatory action over claims it abuses its market position in the apps market, with Russia’s Federal Anti-Monopoly Service (FAS) reportedly plotting...
Binance FINED EUR3.3million in The Netherlands for illegal operations
The Dutch Central Bank has fined cryptocurrency exchange Binance EUR3.325 million for offering it services in the Netherlands without registration.
The fine comes nearly a...
Bank of America fined $225 million for unlawfully freezing accounts during...
The Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC) have fined the Bank of America (BofA) for their...