Latest in EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
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EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practicesTech - ABC News - 13 hours ago -
EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads businessWorld - ABC News - 11 hours ago -
EU slaps Meta with nearly 800M euro fine for 'abusive' Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads businessTech - ABC News - 11 hours ago -
Meta fined €798m over 'unfair' Facebook Marketplace
The European Union says the tech giant crowded out rivals, breaching competition law.Top stories - BBC News - 12 hours ago -
Meta Fined $843 Million by EU Over Marketplace Ads Platform
The European Commission said the company tied its classified-ads platform to its flagship social network, undermining competition.Tech - The Wall Street Journal - 10 hours ago -
Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels saysWorld - Financial Times - 14 hours ago -
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.Business - The New York Times - 8 hours ago -
Facebook's parent company, Meta, facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch ...Top stories - CBS News - 13 hours ago -
South Korea fines Meta $15 million for illegally collecting information on Facebook users
South Korea’s privacy watchdog has fined Meta 21.6 billion won for illegally collecting Facebook users’ sensitive personal information, including data about their political views and sexual ...Tech - ABC News - November 5 -
Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for EU users to comply with regulatory demands in the region.Business - CNBC - 2 days ago -
Meta Fined $15 Million in South Korea for Illegal User Data Collection
The country’s privacy watchdog said Meta amassed sensitive information by analyzing users’ likes and the ads they opened.Business - Inc. - November 5 -
Intel scores fresh win against EU after top court backs annulment of billion-euro antitrust fine
Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a ...Tech - ABC News - October 24 -
Intel wins against EU after court backs annulment of billion-euro antitrust fine
Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a ...World - ABC News - October 24 -
LinkedIn hit with 310M euro fine for data privacy violations from Irish watchdog
European Union regulators have slapped LinkedIn with a 310 million euro fine for violations of the bloc’s stringent data privacy rulesTech - ABC News - October 24 -
Intel wins lengthy EU legal battle over £880m competition fine
Chipmaker disputed 2009 decision that it abused its market position in case dating back two decades. The US chipmaker Intel has won a long-running battle to quash a fine of more than €1bn imposed ...World - The Guardian - October 24 -
American Airlines Fined $50 Million Over Treatment of Passengers With Disabilities
The carrier said its mishandling rate for wheelchairs and scooters has dropped by 20% in recent years as it invests in new equipment and practices.Business - The Wall Street Journal - October 23 -
LinkedIn fined $335 million over digital advertising in Europe
LinkedIn on Thursday was hit with a fine of €310 million ($335 million) over its use of targeted advertising.Business - MarketWatch - October 24 -
Teva Fined Around $500 Million Over MS Drug Competition Concerns
The European Union fined Israel’s Teva Pharmaceutical 462.6 million euros, saying it abused its market position in a way that might have delayed competitors from entering the multiple sclerosis ...Business - The Wall Street Journal - October 31 -
EU Commission fines Teva $500M for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...World - ABC News - October 31 -
EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...Health - ABC News - October 31 -
Archdiocese of LA agrees to $880 million settlement over sex abuse claims
The Catholic Archdiocese of Los Angeles has agreed to pay $880 million to settle sex abuse claims made by more than 1,3000 alleged victims dating back to the 1940s.Top stories - CBS News - October 16 -
14 Practical Gift Ideas for New Parents and Their Babies
From a booger buster to a food masher, these gifts make this amazing (and difficult!) job just a little easier.Tech - Wired - October 18 -
Trump Says Apple CEO Tim Cook Called Him Over EU Fines
The GOP candidate said the tech boss spoke to him about penalties Apple received from European Union regulators and courts.Business - Inc. - October 18 -
Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry
The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.Business - The New York Times - October 23 -
Dutch asylum agency is fined 50,000 euros daily for an overcrowded center
A Dutch court has ordered the agency responsible for housing asylum seekers to pay a 50,000-euro ($54,000) penalty for every day that more than 2,000 migrants stay at an overcrowded center in the ...World - ABC News - October 30 -
This Australian quit her job at 24 and started a business out of her parents' garage—now, it brings in over $100 million a year
Jane Lu is the founder and CEO of online fashion retailer Showpo. Today, the business brings in over $100 million a year.Business - CNBC - 3 days ago -
Brussels to free up billions of euros for defence and security from EU budget
Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victoryBusiness - Financial Times - 3 days ago -
Meta fires staff for abusing $25 meal credits
Workers used benefits to buy acne pads, wine glasses and laundry detergentBusiness - Financial Times - October 17 -
Catholic Archdiocese of Los Angeles to pay $880 million to settle over 1,300 sexual abuse claims
The Catholic Archdiocese of Los Angeles will pay $880 million to settle sexual abuse claims made by more than 1,300 alleged victims dating back to the 1940s. CBS News legal contributor Jessica ...Top stories - CBS News - October 17 -
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More than 800 million people around the world have diabetes, study finds
Scientists say increase from 1990 to 2022 was largest in low- and middle-income countries and lack of treatment ‘concerning’. Why have rates doubled over the last 30 years and what can be ...World - The Guardian - Yesterday -
The son-in-law of former Myanmar's strongman is arrested over Facebook posts
Myanmar’s state-run media say security forces have arrested the son-in-law of the country’s former longtime military ruler, Than Shwe, for allegedly posting inflammatory statements on his Facebook ...World - ABC News - October 25 -
EU weighs including Musk’s business empire to calculate potential X fine
Penalty would increase dramatically if regulators took into account revenues from billionaire’s other companiesBusiness - Financial Times - October 17 -
EU fines world’s largest generic drugmaker Teva for hindering competition
European Commission says company abused ‘dominant position’ to ‘artificially’ extend patent protection of MS medicine CopaxoneBusiness - Financial Times - October 31 -
Elon Musk’s pro-Trump Pac pouring millions into Facebook ads instead of X
America Pac is targeting users interested in the Boy Scouts of America, Kelsey Grammer, Kid Rock and Joe Rogan. Elon Musk’s Pac is spending far more on ads on Facebook and YouTube than on X, Musk’s ...World - The Guardian - October 22 -
French President Emmanuel Macron says France will provide “massive” 100 million euro aid package to support Lebanon
French President Emmanuel Macron says France will provide “massive” 100 million euro aid package to support LebanonWorld - ABC News - October 24