Tag Archives: hit

Epic Games Hit With Record Penalty for Violating Children’s Privacy

Fortnite creator Epic Games will pay $520 million (roughly Rs. 4,305 crore) to settle allegations that it illegally collected children's personal information and tricked…
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Bitcoin, Ether Hit with Losses, Most Cryptocurrencies See Price Dips

After almost four days of seeing constant profits, most cryptocurrencies opened with losses on Thursday, January 19. Bitcoin recorded a value drop of…
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Twitter Hit With Legal Complaints by 100 Ex-Employees After Musk Takeover

Twitter on Tuesday was accused by 100 former employees of various legal violations stemming from Elon Musk's takeover of the company, including targeting…
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BTC Stays Above $17,000 Mark Despite Small Dip, Losses Hit Most Altcoins

One day after Bitcoin and majority other cryptocurrencies reaped gains, the crypto price charts showed minor losses next to altcoins on Tuesday, January…
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Apple Hit With EUR 8 Million Fine Over Targeted App Store Ads

France's privacy watchdog CNIL on Wednesday said it had imposed a EUR 8 million (roughly Rs. 70 crore) fine linked to ad personalisation in…
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Samsung Takes Massive Hit as Profit Falls 69 Percent to Eight-Year Low

Samsung Electronics flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip…
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Magic Eden Hit With ‘Massive Exploit’, Customers Buy 25 Fake NFTs

Magic Eden has become the latest victim of an exploit, leading to the listing and sale of fake NFTs via the platform. A…
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Samsung’s Quarterly Profit Set to Hit a Six-Year Low, Analysts Say

Samsung's quarterly profit will likely plunge 58 percent to its lowest in six years as a global economic downturn saps demand for electronic…
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Tesla Hit With KRW 2.85 Billion Fine Over Alleged False Advertising

South Korea's antitrust regulator said it would impose a KRW 2.85 billion (roughly Rs. 18 crore) fine on Tesla for failing to tell…
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Microsoft Hit With 2022’s Biggest Fine Imposed by French Privacy Watchdog

France's privacy watchdog said Thursday it has fined US tech giant Microsoft EUR 60 million ($64 million, roughly Rs. 530 crore) for foisting…
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