Tag: fine
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...