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China fines Alibaba $2.8B fine for violating anti-monopoly law

China fines Alibaba $2.8B fine for violating anti-monopoly law

Business
April 10 (UPI) -- Chinese regulators have imposed a record $ 2.8 billion fine on Alibaba for violating anti-trust laws. The fine stems from an anti-monopoly investigation of China's Alibaba Group Holding, known as the world's largest e-commerce company and owner of the South China Morning Post, opened in December. Regulators said in a statement at the time they were looking into practice of limiting Internet merchants to exclusively choose a single platform to sell their wares, South China Morning Post reported. Advertisement China's State Administration for Market Regulation said in a Chinese-language statement Saturday the policy of forcing merchants to choose a single platform from two "infringes on the businesses of merchants on the platforms and the legitimate rights and interests of...
NBA fines Heat’s Leonard $50K, commissioner condemns anti-Semitic comment

NBA fines Heat’s Leonard $50K, commissioner condemns anti-Semitic comment

Sports
March 11 (UPI) -- The NBA has fined Meyers Leonard $ 50,000 and issued a one-week suspension to the Miami Heat center for an anti-Semitic slur he made during a recent video game stream, the league announced Thursday. Leonard also will be required to participate in a cultural diversity program. Advertisement "Meyers Leonard's comment was inexcusable and hurtful and such an offensive term has no place in the NBA or in our society," NBA commissioner Adam Silver said in a news release. "Yesterday, he spoke to representatives of the Anti-Defamation League to better understand the impact of his words, and we accept that he is genuinely remorseful. "We have further communicated to Meyers that derogatory comments like this will not be tolerated and that he will be expected to uphold the core val...
French authorities arrest 5, issue 1,200 fines after illegal rave

French authorities arrest 5, issue 1,200 fines after illegal rave

World
Jan. 2 (UPI) -- French authorities arrested five people and issued about 1,200 fines after discovering an illegal New Year's rave in the French countryside. More than 2,500 people defied the government's coronavirus restrictions and national curfew to attend the event in Brittany. Advertisement The rave started Thursday but ended Saturday, and authorities have seized trucks, sound systems and generators and police are investigating thoroughly "so that this illegal event is harshly sanctioned," according to French interior minister Gerald Darmanin. About two-thirds of the fines issued were related to COVID-19 restrictions and 400 to drug offenses, police said. Local police tried to shut the party down Thursday, but faced "violent hostility" from partygoers, who had planned to stay until Tu...

UK telecom companies face big fines under new security law

Technology
British telecom companies face hefty fines if they don’t comply with strict new security rules under a new law proposed to Parliament on TuesdayByThe Associated PressNovember 24, 2020, 9:46 AM• 2 min readLONDON -- Telecom companies in Britain face hefty fines if they don't comply with strict new security rules under a new law proposed in Parliament on Tuesday that is aimed at blocking high-risk equipment suppliers like China's Huawei.The Telecommunications (Security) Bill tightens security requirements for new high speed 5G wireless and fiber optic networks, with the threat of fines of up to 100,000 pounds ($ 134,000) a day for companies that don't follow the rules.The bill paves the way for the U.K. government to formalize into law Prime Minister Boris Johnson's decision in July prohibit...
NY to local governments: Enforce virus rules or face fines

NY to local governments: Enforce virus rules or face fines

Health
New York state's daily count of new coronavirus cases has topped 1,500 for the first time since late MayBy JENNIFER PELTZ Associated PressOctober 2, 2020, 10:06 PM• 3 min readShare to FacebookShare to TwitterEmail this articleNEW YORK -- New York state’s daily count of new coronavirus cases topped 1,500 for the first time since late May as Gov. Andrew Cuomo warned local governments Friday that they'll face fines if they don’t enforce social distancing and mask rules.Officials are increasingly concerned about virus flare-ups in some places, mainly parts of New York City and suburban Rockland and Orange counties. Although an often-cited measure of the virus' spread — the percentage of tests that come back positive — was about 1.3% statewide on Thursday, it was 6.4% in a group of 20 ZIP codes...