Bharti Airtel on Wednesday has said that the company has opened a Qualified Institutions Placement (QIP) process to raise USD 2 billion and has launched FCCBs worth up to USD 1 billion. 

Google, YouTube levied $170 million by US Federal Trade Commission and NY Attorney General for breaching privacy laws

Google LLC and its subsidiary YouTube LLC will have to pay a record $170 million to settle allegations by the Federal Trade Commission and the New York Attorney General that the YouTube video-sharing service illegally collected personal information from children without their parents’ consent.

The settlement requires Google and YouTube to pay $136 million to the FTC and $34 million to New York for allegedly violating the Children’s Online Privacy Protection Act (COPPA) Rule. The $136 million penalty is by far the largest amount the FTC has ever obtained in a COPPA case since Congress enacted the law in 1998.

SOURCE: Federal Trade Commission

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