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Google to pay $22.5 million to settle privacy charges: WSJ
Jul 10th, 2012
(Reuters) - Google Inc is close to paying $22.5 million to settle charges that it bypassed the privacy settings of customers using Apple's Safari browser, the Wall Street Journal reported, citing officials briefed on the settlement terms. The fine would be the largest penalty ever levied on a single company by the U.S. Federal Trade Commission, the Journal said late Monday. The charges involve Google's use of special computer code, or "cookies," to trick Apple's Safari browser so Google could monitor users that had blocked such tracking, the newspaper said. ... (Source: Reuters) -
(Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter. Waze is seeking more than $1 billion and is fielding expressions of interest from multiple parties, said Bloomberg, citing a source. O... [Full Article]
(Reuters) - Morgan Stanley and two ratings agencies have agreed to pay about $225 million to settle lawsuits claiming they concealed risks in two mortgage-related deals that collapsed during the financial crisis, the Wall Street Journal reported on Monday. The cost of the settlement will be shared equally among the investment bank and the two ratin... [Full Article]
LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) said it has fined U.S. bank JPMorgan 3.08 million pounds for being unable to show it was giving clients the right advice. The FCA said on Thursday the failings were not corrected until the watchdog brought them to the firm's attention in the course of its wider review of wealt... [Full Article]
TEL AVIV, Israel (AP) - U.S. Secretary of State John Kerry says Israel's government should prevent further settlement construction, where possible, to help revitalize Middle East peace hopes. (Source: Associated Press)... [Full Article]
NEW YORK (AP) - In one photo, a woman is on all fours, presumably picking something up, her posterior pressed against a glass window. Another photo shows a couple in bathrobes, their feet touching beneath a table. And there is one of a man, in jeans and a T-shirt, lying on his side as he takes a nap. (Source: Associated Press)... [Full Article]
By Chris Francescani NEW YORK (Reuters) - American actress Amanda Bynes appeared in court on Friday and denied charges of possessing marijuana and tossing a bong out of the window of her 36th-floor Manhattan apartment. The former Nickelodeon child star, who appeared in court dressed in gray sweatpants, a long-sleeved black shirt and a disheveled pl... [Full Article]
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