The culprit behind the Asiana Airlines plane door fiasco has been brought to trial and ordered to pay damages for the incident. On May 25, KST, an Asiana flight from Jeju-do to Daegu left passengers shocked when its doors opened mid-flight. The airplane’s emergency exit suddenly opened while preparing to land, and the aircraft was […]
Uber fined $324M over EU drivers data transfer breach
Ride-hailing platform Uber has been fined €290 million — around $ 324 million at current exchanges rates — by the Netherlands’ privacy watchdog for breaching the European Union’s General Data Protection Regulation (GDPR). The penalty is related to transfers of personal data of drivers out of the European Union to the US, where Uber’s main […]
K-Pop’s Big 4 Agencies Fined Over 10 Million Won For Violating Consumer Rights
According to reports, the Korea Fair Trade Commission has sanctioned the online stores of the biggest four K-Pop companies, HYBE, SM Entertainment (SME), JYP Entertainment (JYPE), and YG Entertainment (YGE), for violating consumer rights. Korea Fair Trade Commission office | Wikimedia Commons On August 11, the Fair Trade Commission (FTC) imposed corrective orders and a fine of ₩10.5 million […]
Manchester City Fined 2 Million Pounds For Delaying Kick-Offs
File image of Manchester City.© AFP Manchester City have been fined £2.09 million ($ 2.68 million, 2.48 million euros) by the Premier League for 22 instances of delaying the kick-off or restart of matches, it was announced Wednesday. The English champions have accepted the punishment, which relates to rule infringements over the past two seasons, […]
After raising $100M, AI fintech LoanSnap is being sued, fined, evicted
AI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted from its headquarters in Southern California, leaving employees worried about the company’s future, TechCrunch has learned. LoanSnap, founded by serial entrepreneurs Karl Jacob (pictured above) and Allan Carroll, has raised around $ 100 million in funding since its 2017 […]