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Meta Fined $253 Million Over Facebook Hacks By Ireland
An Irish regulator helping to police European Union data privacy said Tuesday it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw Facebook accounts hacked.
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"6 Years Of Harassment": Elon Musk vs US Markets Regulator Showdown
Billionaire Elon Musk has slammed the US market regulator, the Securities and Exchange Commission (SEC) over probes into Neuralink - a neurotechnology firm owned by the world's richest man - and the purchase of Twitter shares.
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Wall Street Top Regulator To Quit After Trump Takes Office. Here's Why
US Securities and Exchange Commission (SEC) Chairman Gary Gensler will step down as Wall Street's top regulator at the end of the Joe Biden administration, he said.
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With Donald Trump's Return, Will EU Go Easier On Ally Elon Musk?
Donald Trump's White House comeback gives his ally Elon Musk a sizeable advantage in a running standoff with EU tech regulators -- who may now think twice before fining his X platform over disinformation concerns.
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US Taking Steps To Put Google Under Federal Supervision, Report Says
The US Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.
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Nvidia Says It Has ‘Not Been Subpoenaed’ by the US Department of Justice in Probe
Nvidia has said that the US DOJ is sending out subpoenas as part of an antitrust probe -- but the company has not yet been subpoenaed. The DoJ has sent such a request seeking information about Nvidia’s acquisition of RunAI and aspects of its chip business, a person with direct knowledge of the matter has told the media.
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BJP Blames Congress, Industry Dismisses Hindenburg Claims
Industrialists, political leaders and investors have crticised US short seller Hindenburg Research over its latest allegations targetting the chairperson of market regulator SEBI and Adani Group. The Group has denied any commercial relation with SEBI
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Hindenburg Gave Adani Report To Client 2 Months Before Publishing: SEBI
The capital markets regulator Securities and Exchange Board of India (SEBI), in its 46-page show cause notice to Hindenburg Research, has detailed how the US short seller shared an advance copy of its critical report on the Adani Group.
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US Supreme Court Ruling Curbs Federal Agencies Powers
The conservative-majority US Supreme Court on Friday overturned 40 years of legal precedent to weaken the power of federal agencies, which regulate myriad issues affecting the everyday lives of Americans, from air pollution to food and drugs.
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US Regulators Accuse TikTok Of Violating Child Privacy Laws
The US Federal Trade Commission (FTC) has referred a complaint against the popular video-sharing app TikTok and its Chinese parent company ByteDance to the Department of Justice, alleging that they failed to protect the privacy of children.
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Boeing Rebuts Whistleblower's "Breaks At Some Time" Claim About 787s
Aerospace major Boeing has refuted whistleblower claims it takes manufacturing shortcuts, sidesteps safety regulations, and silences critics in its rush to produce more planes and rake in bigger profits.
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Indian Airlines Brace For Impact After US Halts Boeing 737 Max Production
The decision of the US aviation regulator to restrict an expansion in manufacturing of the controversial Boeing 737 Max aircraft could be bad news for India's airlines.
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Bitcoin Funds To Debut On Public Markets, Get US Regulators' Approval
US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.
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Zoom Discussed Alleged Microsoft Anti-Competitive Behaviour With US, EU Regulators: Report
Zoom has discussed concerns over rival Microsoft's alleged anti-competitive behaviour, according to a Bloomberg News report. The video meeting software maker reportedly met US, EU, and UK competition enforcers over the past year. Microsoft recently announced it would unbundle Teams from the company's Office productivity software amid an EU antitrus...
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US Considers New Regulations on Export of AI Chips to China: Report
The United States is reportedly considering new restrictions on exports of artificial intelligence (AI) chips to China. The Commerce Department will stop the shipments of chips made by Nvidia and other chip companies to customers in China as early as July, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
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Meta Fined $253 Million Over Facebook Hacks By Ireland
An Irish regulator helping to police European Union data privacy said Tuesday it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw Facebook accounts hacked.
-
"6 Years Of Harassment": Elon Musk vs US Markets Regulator Showdown
Billionaire Elon Musk has slammed the US market regulator, the Securities and Exchange Commission (SEC) over probes into Neuralink - a neurotechnology firm owned by the world's richest man - and the purchase of Twitter shares.
-
Wall Street Top Regulator To Quit After Trump Takes Office. Here's Why
US Securities and Exchange Commission (SEC) Chairman Gary Gensler will step down as Wall Street's top regulator at the end of the Joe Biden administration, he said.
-
With Donald Trump's Return, Will EU Go Easier On Ally Elon Musk?
Donald Trump's White House comeback gives his ally Elon Musk a sizeable advantage in a running standoff with EU tech regulators -- who may now think twice before fining his X platform over disinformation concerns.
-
US Taking Steps To Put Google Under Federal Supervision, Report Says
The US Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.
-
Nvidia Says It Has ‘Not Been Subpoenaed’ by the US Department of Justice in Probe
Nvidia has said that the US DOJ is sending out subpoenas as part of an antitrust probe -- but the company has not yet been subpoenaed. The DoJ has sent such a request seeking information about Nvidia’s acquisition of RunAI and aspects of its chip business, a person with direct knowledge of the matter has told the media.
-
BJP Blames Congress, Industry Dismisses Hindenburg Claims
Industrialists, political leaders and investors have crticised US short seller Hindenburg Research over its latest allegations targetting the chairperson of market regulator SEBI and Adani Group. The Group has denied any commercial relation with SEBI
-
Hindenburg Gave Adani Report To Client 2 Months Before Publishing: SEBI
The capital markets regulator Securities and Exchange Board of India (SEBI), in its 46-page show cause notice to Hindenburg Research, has detailed how the US short seller shared an advance copy of its critical report on the Adani Group.
-
US Supreme Court Ruling Curbs Federal Agencies Powers
The conservative-majority US Supreme Court on Friday overturned 40 years of legal precedent to weaken the power of federal agencies, which regulate myriad issues affecting the everyday lives of Americans, from air pollution to food and drugs.
-
US Regulators Accuse TikTok Of Violating Child Privacy Laws
The US Federal Trade Commission (FTC) has referred a complaint against the popular video-sharing app TikTok and its Chinese parent company ByteDance to the Department of Justice, alleging that they failed to protect the privacy of children.
-
Boeing Rebuts Whistleblower's "Breaks At Some Time" Claim About 787s
Aerospace major Boeing has refuted whistleblower claims it takes manufacturing shortcuts, sidesteps safety regulations, and silences critics in its rush to produce more planes and rake in bigger profits.
-
Indian Airlines Brace For Impact After US Halts Boeing 737 Max Production
The decision of the US aviation regulator to restrict an expansion in manufacturing of the controversial Boeing 737 Max aircraft could be bad news for India's airlines.
-
Bitcoin Funds To Debut On Public Markets, Get US Regulators' Approval
US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.
-
Zoom Discussed Alleged Microsoft Anti-Competitive Behaviour With US, EU Regulators: Report
Zoom has discussed concerns over rival Microsoft's alleged anti-competitive behaviour, according to a Bloomberg News report. The video meeting software maker reportedly met US, EU, and UK competition enforcers over the past year. Microsoft recently announced it would unbundle Teams from the company's Office productivity software amid an EU antitrus...
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US Considers New Regulations on Export of AI Chips to China: Report
The United States is reportedly considering new restrictions on exports of artificial intelligence (AI) chips to China. The Commerce Department will stop the shipments of chips made by Nvidia and other chip companies to customers in China as early as July, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
