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08 Jul 2022

Crypto market loss balloons to $670 million in Q2 globally

2nd quarter of 2022, the global Cryptocurrency market loses $670 million 97 percent of the losses were due to hacks and scams, a report said 46,000 Americans reported losing over $1 billion in crypto to scams since 2021, an FTC report said

26 May 2022

Twitter to pay USD 150 million penalty over privacy of users' data

Twitter has agreed to pay USD 150 million in penalty over violations of the privacy of users' data This was announced by Justice Department and the Federal Trade Commission It was alleged that Twitter failed to comply with US Privacy agreements

23 Feb 2022

US, Meta spar over date of antitrust trial

U.S. judge rejected the social media company`s bid to dismiss the government`s lawsuit. The FTC had a plausible case that should allow it to proceed. The U.S. government accuses Meta of crushing or buying rivals.

05 Apr 2017

Amazon to soon refund $70 mn of in-app purchases

Amazon has decided to refund up to $70 million to its users.

05 Apr 2016

Lupin launches generic insomnia drug in US

Drug major Lupin has launched a generic insomnia drug, Zolpidem Sublingual tablets, in the US market with 180-days of marketing exclusivity.

20 Mar 2015

FTC passes final order in USD 4 billion Sun-Ranbaxy deal

US anti-trust regulator FTC has passed its final order settling charges that Sun Pharma's USD 4 billion deal to acquire Ranbaxy Laboratories could result in unfair business practices.

02 Feb 2015

Sun Pharma gets US FTC clearance for Ranbaxy acquisition

The early termination of the waiting period under the HSR Act satisfies one of the essential conditions to the closing of the Ranbaxy acquisition, it added.

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