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South Korea has fined Meta over $15 million for illegally collecting sensitive user data from approximately 980,000 individuals without consent. The data, which included personal details about users' political opinions and sexual orientation, was shared with advertisers, violating national...
Zhang Yiming, co-founder of ByteDance, now ranks as China's richest person, with a net worth of $49.3 billion, according to the Hurun China Rich List 2024. ByteDance’s success, fueled by TikTok and other popular apps, has driven Zhang's rise in wealth, surpassing previous leader Zhong Shanshan...
India's Financial Intelligence Unit fines Binance $2.25 million for violating anti-money laundering laws. The cryptocurrency exchange faces regulatory challenges in multiple countries, including Nigeria. Previously dominating India's crypto market, Binance's non-compliance with local tax laws...
The Philippines Securities and Exchange Commission (SEC) has directed tech giants Apple and Google to remove Binance's app from their app stores in the Philippines due to security concerns.
The SEC stated that Binance's operations pose a threat to the security of Filipino investors, citing...
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