Alibaba Group Holding (NYSE: BABA) subsidiary Ant Group will share credit data of its consumer lending business Huabei with China’s central bank as part of a regulatory move by Beijing to tighten its hold on the financial technology sector, CNBC
Facebook Inc. (NASDAQ: FB) overpaid billions of dollars to the Federal Trade Commission in 2019 in order to protect CEO Mark Zuckerberg from personal liability related to the Cambridge Analytica data breach, the company's shareholders alleged in a pair of lawsuits.
The U.S. government has imposed sanctions and blacklisted the Russian cryptocurrency exchange Suex for allegedly helping ransomware hackers to launder extortion payments.