Twitter will have to pay a fine of 150 million dollars to resolve a lawsuit filed by the Federal Trade Commission (FTC) and the US Department of Justice for having provided private data of its users to advertisers of the social network.
These two institutions accused the social network of having…
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Browsing Tag
fine
Nvidia fined for hiding information about cryptocurrencies
Nvidia Corporation paid a fine valued at 5.5 million dollars to the United States Securities and Exchange Commission (SEC) for not providing information on the impact of crypto mining on its "gaming" business.
Cryptocurrency mining is a…
Google was fined for issues with “cookies”
France recently imposed fines against Google and Meta, Facebook's parent company, due to the complications that users must go through to reject "cookies"
The French National Commission for Informatics and Freedoms (CNIL), which regulates…
Swiss Bank UBS sanctioned for tax evasion
A Court of Appeal in Paris sentenced the Swiss banking group UBS for carrying out illegal practices on money laundering and imposed a fine of 1.8 billion euros. However, this amount is lower than that established by another court in 2019.…
Amazon faces the highest fine ever issued by the European Union
The fine issued by the European Union against Amazon for breach of the RGPD amounts to 746 million euros, becoming the highest registered to date for this type of infraction.
The sanction is the product of a collective legal management…
Jesús Ramón Rodríguez: “The reputation, honor and private life of people are protected by the…
Defamatory comments published on the Internet can be very harmful, both for the person indicated, as well as for their family group. The damages are diverse and affect from the children in their schools who are exposed to the rejection or…
EA investigates employees for alleged sale of FIFA 21 Ultimate Team cards
Electronic Arts (EA) announced that it is investigating whether internal workers have profited privately from the FIFA 21 Ultimate Team mode and its loot boxes, whereby users can upgrade their teams by acquiring player cards.
FIFA 21…
New York orders Bitfinex platform shutdown
Digital asset platform Bitfinex was shut down and fined $ 18.5 million by the state of New York.
The reason for this measure is due to an alleged case of fraud towards investors, where losses of 850 million dollars were estimated,…
Italy fines Apple for deceptive business practices in promoting iPhone
Italy's market regulator has filed a 10 million euro fine against Apple for "deceptive and aggressive business practices" for promoting that latest iPhone models had water resistance without specifying that this was only guaranteed under…
Russia fines Twitter for bad data storage
A Moscow court has ruled two fines of approximately $ 60,000 to social networks Twitter and Facebook for not transferring the Russian user database to Russia.
Judge Alexandra Mijaliova accused the two American companies of an…
Italy fines Facebook € 5 million for misuse of data
The Regional Administrative Court of Lazio, Italy, confirmed last Friday the ruling against the social network Facebook, which extends a fine of 5 million euros.
As indicated by Euroconsumers, a member of the Organization of Consumers and…
Morgan Stanley receives a fine from the French authority
The Financial Markets Authority of France (AMF) imposed a fine of approximately $ 20 million on a subsidiary of Morgan Stanley for "manipulating" the price and futures of sovereign bonds, as detailed in a statement.
The AMF argued that…