Credit Suisse Pays $510 Million Fine for Helping Clients Evade Taxes
The fallen banking giant Credit Suisse, now a part of UBS, admitted to hiding billions of dollars from the I.R.S.
Posted inBeijing Bytedance Technology Co Ltd China Europe European Union Fines (Penalties) General Data Protection Regulation (GDPR) Privacy Regulation and Deregulation of Industry Social Media TikTok (ByteDance)
TikTok Fined $600 Million for Sending European User Data to China
Irish investigators said TikTok did not protect the data of users in the European Union, improperly transferring some of it to China. TikTok said it would appeal.
Posted inAntitrust Laws and Competition Issues Apple Inc Computers and the Internet European Commission European Union Facebook Inc Fines (Penalties) Instagram Inc Meta Platforms Inc Mobile Applications Regulation and Deregulation of Industry Social Media United States International Relations United States Politics and Government
EU Fines Apple and Meta Total of $800 Million in First Use of Digital Competition Law
The European Commission said the Silicon Valley companies violated the Digital Markets Act, a law meant to crimp the power of the largest tech firms.
Posted inAmnesties, Commutations and Pardons Decisions and Verdicts Fines (Penalties) Frauds and Swindling Ozy Media Inc Trump, Donald J Watson, Carlos (1969- )
Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender
Carlos Watson, who started the now-defunct digital media company, had been sentenced to almost 10 years in prison for trying to defraud investors and lenders.