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Fitbit fined $12M over Ionic smartwatch burns

Fitbit has settled with the U.S. Consumer Product Safety Commission (CPSC) over a longstanding defeat that caused some wearers to sustain burns. The deal...

Fitbit fined $12 million for Ionic smartwatches that burned 78 people

The Consumer Product Safety Commission has provisionally accepted the settlement. The commission worked with Fitbit to recall 1.7 million Ionic watches in 2022 after...

Cash App fined $255 million in back-to-back settlements

Cash App is closing out the week on the hook for $255 million in multiple settlements around its consumer protections. Block, the company that...

Meta fined $263M over 2018 security breach that affected ~3M EU users

Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of users which...

BSP, partners leverage tech to promote FinEd

- Advertisement - The Bangko Sentral ng Pilipinas (BSP) and its partners discussed ways to use digital technology to improve financial literacy of Filipinos, at a two-day forum last...
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