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. CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg...
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,...
European regulators are investigating Google’s proposed $2.1 billion takeover of Fitbit, the San Francisco-based wearable technology maker, the Financial Times reported. Consumer and privacy groups have argued that the deal should be blocked because Fitbit will give its new owner more data, making it impossible for other...
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. The Beijing-based coffee chain, which goes head-to-head with...
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. The bank made this disclosure in its report to shareholders for the third quarter that was released Thursday (Aug. 24), stating that it may face penalties as a result of the ongoing probe. TD Bank also […]
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,...
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...
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. Consumer and privacy groups have argued that the deal should be...
