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On Monday, AliExpress, Alibaba’s subsidiary, was slapped with a record-breaking €550 million (US$629 million) fine by the European Union for its failure to address sales of illegal, dangerous and counterfeit items on its platform. This penalty is considered…
South Korea has handed down a massive fine of 625 billion won (US$409.30 million) to e-commerce behemoth, Coupang. This follows an extensive breach of customer information and illicit collection of personal data, marking the country’s most substantial data…
Temu, a prominent Chinese online retailer, has been penalized with a €200 million (US$232 million) fine by European Union (EU) tech regulators for their apparent laxity in addressing the sale of prohibited products on its platform. The judgement came as part…
The Market Surveillance Department has issued fines totaling VND215 million (US$8,163.74) to seven retail stores in Da Nang, Vietnam for selling fake merchandise from brands such as Gucci and Nike. The shops, located in popular tourist areas Son Tra and Hoi…
The Singaporean telecommunications giant, Singtel, has been hit with a hefty fine of SGD1 million, equivalent to US$774,000, by local authorities over a significant voice service disruption in 2024 that negatively impacted roughly 500,000 customers. Impact of…
Optus Mobile, a renowned telecommunications firm, has been hit with another hefty fine of $826,320 for breaching anti-scam regulations. This recent violation pertains to its business operations under the Coles Mobile brand. Investigation and Breaches The…
A report commissioned by Australia’s Department of Employment and Workplace Relations, which was paid AUD 440,000 (around 231,200 Swiss francs), looked into an IT system intended to automate sanctions in the country’s welfare framework. The original report…
In a landmark ruling, Australia’s Federal Court has imposed a staggering penalty on Qantas Airways, marking the largest fine ever levied on a company under the nation’s labor laws. Judge Michael Lee expressed his discontent with the airline’s litigation…
Bruno Fine Foods, a leading gourmet food provider, has expanded its premium product line through an alliance with Italian producer Casa Marrazzo, introducing San Marzano tomatoes to its portfolio. Certified Quality The newly added San Marzano tomatoes hold…
Amidst evolving regulatory landscapes, Bank Islam Malaysia Berhad (BIMB) finds itself in hot water as Malaysia’s central bank, Bank Negara Malaysia (BNM), imposes a financial penalty due to service disruptions and compliance failures. The bank has been…
The renowned Melbourne-based bakery, Charlie’s Fine Food, has recently made a significant splash with its products appearing on Aldi Australia’s shelves for the first time in over 20 years of operation. Expanding Product Reach The ready-to-bake Choc Chip…
As part of a nationwide initiative to enhance road safety, Thailand has recently increased the penalty for riding motorcycles without helmets to 2,000 baht (US$60). This four-fold increase from the previous fine of 500 baht takes effect from June 1st. The…
In an attempt to avoid a hefty fine and ongoing legal battle with the European Union, Apple is reportedly proposing to open up its near-field communication (NFC) technology, used for tap-and-go payments, to its rivals. This move comes after the European…
France’s privacy watchdog said Thursday it has fined US tech giant Microsoft 60 million euros ($64 million) for foisting advertising cookies on users. In the largest fine imposed in 2022, the National Commission for Technology and Freedoms (CNIL) said…
Cross-borders platforms like Facebook and Google have paid VND5.1 trillion ($220 million) in taxes for the period between 2018 and 2021, says Finance Minister Ho Duc Phoc. He informed lawmakers in a report that by April 2021, Facebook had been taxed VND1.97…
McDonald’s has settled a lawsuit with former CEO Steve Easterbrook, forcing the disgraced executive to repay his severance package of more than $100 million. Easterbrook was fired in 2019 after the fast-food giant’s board determined that he violated company…
