fines

Meta Slams New Mexico Business Climate After $25 Billion Verdict

Meta Slams New Mexico Business Climate After $25 Billion Verdict
Meta Slams New Mexico Business Climate After $25 Billion Verdict
October 21, 2026  |  Legal & Regulation

Meta’s chief legal officer said Wednesday (Oct. 21) that it is “all but impossible to do business” in New Mexico after a court ordered the...

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South Korea Defends Record $422 Million Coupang Fine as US Alleges Protectionism
South Korea Defends Record $422 Million Coupang Fine as US Alleges Protectionism
July 20, 2026  |  Legal & Regulation

South Korea’s decision to fine American-owned eCommerce firm Coupang is straining relations between the two countries, Reuters reported Friday (July 20). South Korea said the...

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South Korea Hits Coupang With Record Fine For Massive Data Breach
South Korea Hits Coupang With Record Fine For Massive Data Breach
June 11, 2026  |  Legal & Regulation

South Korean authorities levied Wednesday (June 10) a historic 624.7 billion won (about $412 million) fine against the eCommerce giant Coupang following a massive data...

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FDIC and Federal Reserve Fine Discover, Alleging Credit Card Misclassification
FDIC and Federal Reserve Fine Discover, Alleging Credit Card Misclassification
April 18, 2025  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board fined Discover Financial Services and two subsidiaries, Discover Bank and DFS Services LLC, alleging that they misclassified consumer credit...

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Report: EU to Announce Digital Services Act Penalties Against X This Summer
Report: EU to Announce Digital Services Act Penalties Against X This Summer
April 04, 2025  |  Legal & Regulation

The European Union is reportedly preparing penalties against X that include a fine and demands for changes to the platform. The penalties are expected to be announced...

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Meta to Appeal Against $831 Million EU Antitrust Fine
Meta to Appeal Against $831 Million EU Antitrust Fine
January 29, 2025  |  Facebook / Meta

Meta says it will fight a $831 million fine levied against the tech giant by the European Union. A company spokesperson told Bloomberg News on...

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Indonesia’s Antitrust Agency Fines Google $12.4 Million
Indonesia’s Antitrust Agency Fines Google $12.4 Million
January 21, 2025  |  News

Google has reportedly been ordered by Indonesia’s antitrust agency to pay fines of 202 billion rupiah (about $12.4 million) for alleged unfair business practices. The...

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Block to Pay $80 Million to Settle AML Violation Allegations
Block to Pay $80 Million to Settle AML Violation Allegations
January 15, 2025  |  Legal & Regulation

Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that...

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