Tag: fine
Italy slaps Xiaomi with €3.2M fine over warranty breaches
Italy’s competition and market authority has charged the local unit of smartphone vendor Xiaomi €3.2 million for alleged violations of warranty rules for repair...
Google faces fine in Russia over banned content
Alphabet’s Google faced more heat in Russia as the country’s state communications regulator reportedly accused the technology giant of repeatedly failing to delete banned...
Ghana International Bank fined £5.8 million by UK’s Financial Conduct Authority
Ghana International Bank (GHIB), a bank set up in the City of London by Ghana Commercial Bank in 1959 to finance international trade and...
Twitter fined $150m in US for selling users’ data
Twitter in the US must pay a $150m (£119m) fine after law enforcement officials accused it of illegally using users' data to help sell...
Nigeria: 3 banks fined for flouting CRYPTO trading restrictions
The Central Bank of Nigeria (CBN) has fined 3 of the country's commercial banks for flouting a cryptocurrency trading restriction levied a year ago,...
Facebook suffer another blow, fined £50 million in UK
The UK Competition and Markets Authority (CMA) has slapped a £50 million fine on Facebook for failing to comply with an order the regulator...
Google fined $177 million in South Korea, plans to protest fine
A South Korean antitrust regulator has fined Alphabet Incorporated's Google $176.64 million for blocking customized versions of its Android operating system (OS), but Google...
Zoom offers US$85 million to settle class action lawsuit
Video conferencing service Zoom has reportedly offered up to $85 million to settle a class action legal case in the US relating to privacy...
Google fined €500 million in France over news copyright
France’s antitrust watchdog, French Compensation Authority (FCA) has slapped a €500 million fine on Google for failing to comply with the regulator’s orders on...
Is Alibaba’s fate a warning to China’s tech giants?
It's been a tough week for Chinese tech firms.
Over the weekend, Chinese billionaire Jack Ma's e-commerce giant Alibaba was fined $2.8bn (£2bn) by Chinese...