The Financial Industry Regulatory Authority (FINRA) has fined Citigroup’s global markets business $1.25 million for not performing background checks on thousands of non-registered employees for a period of seven years, according to a report by Reuters. Get the Full Story Complete the form to unlock...
Third-party websites using Facebook’s “Like” button are responsible for processing people’s data under the European Union’s privacy rules, the EU’s top court ruled on Monday (July 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
While alcohol and tobacco sales were already prohibited on Marketplace, Facebook is now extending the policy: Sales of those products will not be allowed any longer between users on Facebook or Instagram, CNBC reported. Get the Full Story Complete the form to unlock this article...
The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they don’t report their income or pay taxes on the transactions, according to a report by The Wall Street Journal. Get...
In a move that could establish a precedent for global lawmakers, Australia said it would create an office to police Google and Facebook. Governments from Europe to the U.S. have been working to face concerns from “fake news” to anti-trust issues, Reuters reported. Get the...
U.S. Attorney General William Barr met with a bipartisan group of state attorneys general on Thursday (July 25) to discuss competition and antitrust issues related to big tech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Justice Department is right to be looking into Amazon’s practices as part of its antitrust review of big technology companies, Treasury Secretary Steven Mnuchin said Wednesday (July 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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...
