Probe news and trends

FTC Presses For Testimony From Facebook’s Zuckerberg, Sandberg
ANTITRUST // July 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. antitrust laws, sources told The Wall Street Journal. Get the Full Story Complete the form to unlock...

Brazil Banking Head Calls For Probe Into WhatsApp Payments
Digital Payments // July 02, 2020

WhatsApp will be allowed to operate its payments service in Brazil once the company formally seeks permission and shows it can operate in the country without putting customers’ data at risk or violating rules intended to preserve competition, the company’s chief central banker said Thursday,...

EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
ANTITRUST // July 02, 2020

European regulators are investigating Google’s proposed $2.1 billion takeover of Fitbit, the San Francisco-based wearable technology maker, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Luckin Wraps Probe Into $300M In Fake Coffee Sales
Security & Fraud // July 01, 2020

Luckin Coffee announced on Wednesday (July 1) the completion of an internal probe that blames the company’s former CEO and COO for inflating the embattled Chinese java giant’s revenue and expenses by hundreds of millions of dollars. Get the Full Story Complete the form to...

Quick Reads
TD Bank Faces Anti-Money Laundering Probes From US Regulators

August 24, 2023
TD Bank has disclosed that it is cooperating with inquiries from regulators and law enforcement regarding its compliance with anti-money laundering rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing […]

FTC Presses For Testimony From Facebook’s Zuckerberg, Sandberg

July 17, 2020
Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. antitrust laws,...

Brazil Banking Head Calls For Probe Into WhatsApp Payments

July 02, 2020
WhatsApp will be allowed to operate its payments service in Brazil once the company formally seeks permission and shows it can operate in the country without putting customers’ data at...

EU Questions Rivals About Competition Concerns In Google-Fitbit Deal

July 02, 2020
European regulators are investigating Google’s proposed $2.1 billion takeover of Fitbit, the San Francisco-based wearable technology maker, the Financial Times reported. Get the Full Story Complete the form to unlock this article...