European consumer groups lodged Thursday a complaint against Meta’s system allowing Facebook and Instagram users to pay to opt out of data tracking, the second challenge this week. Meta sells data on its users to advertisers but has long struggled to provide a justification that satisfies EU data privacy laws. […]
China’s foreign exchange regulator fined Agricultural Bank of China 5.53 million yuan ($776,129) over some foreign exchange related wrongdoings. The State Administration of Foreign Exchange’s Beijing bureau also gave a warning to the lender while it confiscated illegal gains of about 1.42 million yuan, according to an online statement. The […]
France’s Court of Cassation on Tuesday confirmed that ride-hailing app Uber’s condemnation for deceptive commercial practices and complicity in providing illegal taxi services over its early-2010s product Uber Pop. The firm halted the Uber Pop service in 2015 after two managers were taken into custody. A separate court of appeal […]
The optimism regarding the Indian economy today is an unparalleled moment in Indian History. Factors such as a strong and favourable demographic, an upcoming consumer boom, an increase in discretionary spending and investments in infrastructure have all added to a very positive outlook. India’s economy which is dominated by its […]
The Kerala High Court has sought responses from Google, the high court administration, and Indian Kanoon in a petition seeking to mask or remove the personal details of two persons from a judgment uploaded online in a criminal case. Justice Devan Ramachandran sought the response while considering a plea filed […]
Markets regulator Sebi has issued a demand notice to Arun Panchariya, asking him to pay about Rs 26.25 crore in a case on manipulation of global depository receipts (GDRs) issuance by Hiran Orgochem Ltd. In its notice issued on November 23, the regulator has also warned Panchariya of arrest and […]
A Delhi court has allowed Karnataka deputy chief minister D K Shivakumar, accused in money laundering case, to travel abroad. Special Judge Vikas Dhull allowed Congress member Shivakumar to travel to Dubai from November 29 to December 3 on an application moved by him. The application claimed that he was […]
Former Binance chief Changpeng Zhao cannot leave the United States for the time being, a federal judge said on Monday, after the founder of the world’s largest cryptocurrency exchange pleaded guilty to violating U.S. anti-money laundering laws. Zhao will be required to stay in the United States until the Seattle […]
The Mines Ministry is in the process of preparing a policy for critical minerals which will include a road map for strengthening the supply chain of these essential resources, an official release said on Monday. Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components […]
Electric carmaker Tesla on Monday filed a lawsuit against the Swedish state over a strike by postal workers that is blocking deliveries of license plates for its new cars. Tesla is currently facing strikes on multiple fronts in Sweden over its refusal to sign a collective wage agreement for its […]