Cambridge Analytica scandal case: Meta to pay $725m for privacy violations.
The parent company of Facebook, Meta, has agreed to pay $725 million to resolve a class action lawsuit alleging that the social media behemoth provided
AfDB raises $11 billion for poor nations with US funding still pending.
The African Development Bank (AfDB) said on Tuesday that it had raised $11 billion for its fund, which lends money to low-income nations on advantageous
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
California University regrets using prisoners for medical experiments.
Several unethical medical experiments, including applying pesticides and herbicides to the men’s skin and injecting them with them, were carried out on at least 2,600
Meta CEO Mark Zuckerberg rejected takeover bids from Google, Yahoo, and Microsoft. – FTC
The chief executive of Facebook’s parent company Meta, Mark Zuckerberg, testified in court on Tuesday in a case involving attempts by American antitrust authorities to
Musk says the Twitter takeover crashed Tesla shares from $400 per share to $140.
Given the debt obligations associated with his $44 billion acquisition of the business, Elon Musk is arguing that his drastic cost-cutting at Twitter is vital
Eurozone embraces digital payments, as cash declines in popularity.
A European Central Bank study released on Tuesday revealed that cash is no longer the most popular form of payment in the eurozone, marking a
Wells Fargo was fined $3.7b for mismanagement of funds.
On Tuesday, the U.S. Consumer Financial Protection Bureau (CFPB) imposed a $3.7 billion fine on Wells Fargo & Co. for widespread mismanagement of auto loans,
Cloud computing: Amazon Web Services given a contract of $700m by the U.S. Navy.
A five-year, $723.9 million corporate software license contract for Amazon.com Inc.’s cloud computing division was given by the US Navy on Monday. The agreement will
Nigeria: US to review security assistance and impose sanctions over forced abortion report. – Senator.
Following Reuters’ reporting on an illegal abortion program and the execution of children by the Nigerian military, U.S. Senator Jim Risch, the senior Republican on
Meta Classified Ads: EU claims are a violation of antitrust regulations.
In its most recent effort to limit the influence of Big Tech firms, the European Union on Monday accused Facebook parent Meta of violating antitrust
Thai naval warship wreckage: 31 sailors missing, 75 rescued.
More than 30 sailors were still missing on Monday, more than 17 hours after their vessel capsized in choppy waters in the Gulf of Thailand.
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