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Google loses appeal against record $4billion EU fine

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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

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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

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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...

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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

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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

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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

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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...

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The Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC) have fined the Bank of America (BofA) for their...

Italy slaps Xiaomi with €3.2M fine over warranty breaches

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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

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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...
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