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- BRUSSELS, Belgium (AFP) — The European Union charged Facebook on Tuesday with providing "misleading" information when it sought approval for its blockbuster US$22-billon buyout of the WhatsApp mobile messaging service.The European Commission said the EU's green light of the buyout, announced in October 2014, was not in jeopardy but the social network could face almost two hundred million euros in fines.With the charge, Facebook joins Apple, Google, Amazon and Microsoft among the US-based tech giants caught in major EU competition probes.
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- HTC's Newest High-End Smartphone Works Extra Fast At A Strange CostMark Zuckerberg can now addthe European Commission to his list of 2016 headaches that include fake news, censoring historic photographs and artificially-inflating video views.Europe's top regulator said Tuesday that it was investigating whether Facebook lied, or negligently withheld information, about its ability to siphon data from WhatsApp back when it announced it was buying the messaging company in February 2014.Facebook has until Jan 31, 2017 to respond to the Commission's "Statement of Objections" on the matter.
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![Mergers: Commission alleges Facebook provided misleading information about WhatsApp takeover]()
- The European Commission has sent a Statement of Objections to Facebook alleging the company provided incorrect or misleading information during the Commission's 2014 investigation under the EU Merger Regulation of Facebook's planned acquisition of WhatsApp.Commissioner Margrethe Vestager, in charge of competition policy, said: "Companies are obliged to give the Commission accurate information during merger investigations.They must take this obligation seriously.
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follow the latest progress in whats app in different sites most famous technicals "Jamaica Observer Limited" by 2016-12-25 at 3:13
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EU charges Facebook over WhatsApp buyout
- BRUSSELS, Belgium (AFP) — The European Union charged Facebook on Tuesday with providing "misleading" information when it sought approval for its blockbuster US$22-billon buyout of the WhatsApp mobile messaging service.The European Commission said the EU's green light of the buyout, announced in October 2014, was not in jeopardy but the social network could face almost two hundred million euros in fines.With the charge, Facebook joins Apple, Google, Amazon and Microsoft among the US-based tech giants caught in major EU competition probes.
. read more from here
Facebook Accused Of Misleading Regulator Over $19 Billion WhatsApp Takeover
- HTC's Newest High-End Smartphone Works Extra Fast At A Strange CostMark Zuckerberg can now addthe European Commission to his list of 2016 headaches that include fake news, censoring historic photographs and artificially-inflating video views.Europe's top regulator said Tuesday that it was investigating whether Facebook lied, or negligently withheld information, about its ability to siphon data from WhatsApp back when it announced it was buying the messaging company in February 2014.Facebook has until Jan 31, 2017 to respond to the Commission's "Statement of Objections" on the matter.
. read more from here
Mergers: Commission alleges Facebook provided misleading information about WhatsApp takeover
- The European Commission has sent a Statement of Objections to Facebook alleging the company provided incorrect or misleading information during the Commission's 2014 investigation under the EU Merger Regulation of Facebook's planned acquisition of WhatsApp.Commissioner Margrethe Vestager, in charge of competition policy, said: "Companies are obliged to give the Commission accurate information during merger investigations.They must take this obligation seriously.
. read more from here
to read more visit us whats app
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