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Facebook will pay $122 million in fines to the E.U.

The social media giant was handed a 110 million euro fine from EU antitrust regulators for giving misleading information during the vetting of its deal to acquire messaging service WhatsApp in 2014. (Reuters) Facebook will pay $122 million in fines to the European Union, over charges that it misled regulators during its 2014 acquisition of WhatsApp. The fine, announced Thursday, is …

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SpaceX Must Pay $4 Million for Thousands of Underpaid Employees

Elon Musk is infamous for claiming to work up to 100 hours a week — and certainly, with everything he’s up to, it’s not totally unrealistic to believe that might be true. But it’s certainly unreasonable to expect employees to operate the same way — and it looks like Musk is paying for it now. On Wednesday, SpaceX settled a …

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Charlotte fire investigator wrongfully axed after racially-charged Facebook posts. A jury awards her $1.5 million.

Former CFD arson investigator wins civil lawsuit against city of Charlotte https://t.co/LDYeYsY2h8 pic.twitter.com/8AHSaSlPmq — WSOCTV (@wsoctv) May 12, 2017 In August 2014, the country watched anxiously as the fatal police shooting of a black teen in Ferguson, Mo., gave way to protests, riots and a violent police crackdown. Like many Americans, Crystal Eschert, a 29-year-old arson investigator for the Charlotte, …

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Estimate Suggests Samsung Approaching 10 Million Gear VRs By 2018

Before we dive into the numbers provided by industry analysis firm IHS Markit, let me be clear that all VR market analysis and projections we’ve seen are big guesses. The manufacturers have released only limited data points — with Samsung coming out with the largest number to date revealing the technology giant sold 5 million Gear VRs through the beginning of …

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YouTube channel tries swapping hosts, gets caught by 1 million subscribers

Enlarge / It’s cool, old SourceFedNERD fans. This new channel’s host, which just automatically appeared in your feed because it overtook the original channel’s URL and subscriber counts by way of corporate ownership, is a nerd, too. Used to be that when a beloved media property was replaced, you found out by flipping the dial. Maybe you’d tap the “favorite” …

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Hacker stole more than $100 million from Google and Facebook

The world wide web can be a pretty hectic place if you’re careless. Things like malware, ransomware, and phishing are part of our daily internet experience. As long as you know what they mean and how to protect yourself against them, you shouldn’t be affected. But one wrong step and hackers can walk away with some of your cash or …

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