For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The European Commission says it isn’t concerned about the lack of major fines against tech companies during the first year of its General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Among the main stories in payments in recent months has been the increasing push to reform federal banking laws so that legal cannabis retailers can move away from their cash-based businesses and move further into the world of the digital payments. Get the Full Story...
The Justice Department (DOJ) is going to open a new, separate investigation into the potential antitrust activities of tech companies, compounding troubles for companies like Facebook, Apple and Google that are already the subject of probes by the DOJ and the Federal Trade Commission (FTC). ...
The Food and Drug Administration (FDA) has written a letter to Curaleaf regarding its alleged illegal selling of CBD products and its use of “unsubstantiated claims” about CBD being able to treat a range of ailments like cancer, Alzheimer’s disease, pain, pet anxiety and even...
The Indian government is reportedly seeking an antitrust investigation into potential anticompetitive behavior among the nation’s Big Four accountancy and auditing firms, reports in Reuters said Monday (July 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Federal Trade Commission will soon announce the details of a settlement with Facebook over privacy violations, according to a report by The Wall Street Journal on Monday (July 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A panel of lawmakers in India prepared a report about cryptocurrency use in the country and is recommending a ban on all “cryptocurrencies created by non-sovereigns,” according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
While we cannot accurately say that the two days Facebook’s David Marcus were the worst two days a Facebook executive has ever had in front of Congress, that statement is more a testament to how rough some of Facebook’s recent congressional hearing have been. It...