Online consumers alleged "social casino" games developed by the defendants "constitute unlawful gambling under Washington's gambling laws." The settlement was the latest in a series of related cases.from Tech-Economic Times https://ift.tt/0426AkM
US court approves 'social casino' $415 million class settlement
Online consumers alleged "social casino" games developed by the defendants "constitute unlawful gambling under Washington's gambling laws." The settlement was the latest in a series of related cases.from Tech-Economic Times https://ift.tt/0426AkM
Republican lawmakers urge Joe Biden government to rally allies over China Micron ban
Michael McCaul, who heads the House Foreign Affairs Committee, and Mike Gallagher, chairman of the House select committee on the Chinese Communist Party, sent a letter to US Commerce Secretary Gina Raimondo urging the administration to take action after China targeted the biggest US memory chip maker.from Tech-Economic Times https://ift.tt/7APEFgx
What is really happening with digital credit in India, and other top stories this week
The aftermath of Covid-19 and the subsequent moratorium on loan repayments burnt a massive hole in the loan books of lenders. While the large players managed their books somehow, fintech non-banking financial companies (NBFC) have grappled with ballooning non-performing assets (NPAs).from Tech-Economic Times https://ift.tt/hTIlX9H
Samsung may lose PLI sops for first year on invoicing issues
The Korean company has said it is in advanced talks with the government on payout; it stressed its commitment to India.from Tech-Economic Times https://ift.tt/0UWv859
YouTube to stop removing content making false claims on past elections
The platform also said the rest of its policies against hate speech, harassment and incitement to violence would continue to apply to all user content, including elections.from Tech-Economic Times https://ift.tt/fx4gozR
US telecom stocks fall on report Amazon in talks for wireless services
Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through the partnerships, including a possible tie-up with Dish Network.from Tech-Economic Times https://ift.tt/ezgmwbW
US Judge dismisses Cambridge Analytica privacy lawsuit against Meta
The social media firm drew global scrutiny in 2018 after disclosing that a third-party personality quiz distributed on Facebook gathered profile information on 87 million users worldwide and sold the data to British political consulting firm Cambridge Analytica.from Tech-Economic Times https://ift.tt/cUW5rzw
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