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- The European Commission has charged Facebook Inc with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 percent of its turnover.However, the statement of objections sent to Facebook will not affect the EC's approval of the $22 billion merger in 2014, the Commission said in a statement on Tuesday.Facebook becomes the latest Silicon Valley target of EU competition commissioner Margrethe Vestager, who has demanded Apple pay back $14 billion in taxes to Ireland and hit Google with two market abuse investigations.
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- Facebook has been accused of lying to the European Commission following an investigation into its takeover of WhatsApp in 2014.The investigation concluded that Facebook supplied "incorrect or misleading information" when asked about its plans to link WhatsApp user data with Facebook.When reviewing Facebook's planned acquisition of WhatsApp in August 2014, the European Commission looked at if it would be possible for Facebook to link users' accounts to their WhatsApp profiles.
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- The Europeans Commission charged Facebook to pay the European Union 1 percent of its annual sells.This after the social media giant provided "incorrect or misleading information" in seeking EU approval for the $19bn (€18.34bn) Facebook-WhatsApp deal.The Commission said Facebook's recent move to combine WhatsApp data with the social network breached assurances it had made when the deal was approved in 2014.
. read more from here
- The European Commission has charged Facebook Inc with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 percent of its turnover.However, the statement of objections sent to Facebook will not affect the EC's approval of the $22 billion merger in 2014, the Commission said in a statement on Tuesday.Facebook becomes the latest Silicon Valley target of EU competition commissioner Margrethe Vestager, who has demanded Apple pay back $14 billion in taxes to Ireland and hit Google with two market abuse investigations.
. read more from here
- The European Union on Tuesday accused Facebook Inc. for providing "incorrect and misleading information" to the investigators over its 2014 takeover of WhatsApp."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," Xinhua news agency quoted the European Commission, the EU's executive body, as saying in a statement.According to the statement, Facebook now has until January 31, 2017 to respond to the statement of objections.
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EU accuses Facebook of misleading it in WhatsApp probe
- The European Commission has charged Facebook Inc with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 percent of its turnover.However, the statement of objections sent to Facebook will not affect the EC's approval of the $22 billion merger in 2014, the Commission said in a statement on Tuesday.Facebook becomes the latest Silicon Valley target of EU competition commissioner Margrethe Vestager, who has demanded Apple pay back $14 billion in taxes to Ireland and hit Google with two market abuse investigations.
. read more from here
Facebook accused of misleading European Commission about WhatsApp data-sharing plans
- Facebook has been accused of lying to the European Commission following an investigation into its takeover of WhatsApp in 2014.The investigation concluded that Facebook supplied "incorrect or misleading information" when asked about its plans to link WhatsApp user data with Facebook.When reviewing Facebook's planned acquisition of WhatsApp in August 2014, the European Commission looked at if it would be possible for Facebook to link users' accounts to their WhatsApp profiles.
. read more from here
Facebook charged after misleading EU on WhatsApp deal
- The Europeans Commission charged Facebook to pay the European Union 1 percent of its annual sells.This after the social media giant provided "incorrect or misleading information" in seeking EU approval for the $19bn (€18.34bn) Facebook-WhatsApp deal.The Commission said Facebook's recent move to combine WhatsApp data with the social network breached assurances it had made when the deal was approved in 2014.
. read more from here
EU accuses Facebook of misleading it in WhatsApp probe
- The European Commission has charged Facebook Inc with providing misleading information during its takeover of the online messaging service WhatsApp, opening the company to a possible fine of 1 percent of its turnover.However, the statement of objections sent to Facebook will not affect the EC's approval of the $22 billion merger in 2014, the Commission said in a statement on Tuesday.Facebook becomes the latest Silicon Valley target of EU competition commissioner Margrethe Vestager, who has demanded Apple pay back $14 billion in taxes to Ireland and hit Google with two market abuse investigations.
. read more from here
EU accuses Facebook of misleading it on WhatsApp takeover probe
- The European Union on Tuesday accused Facebook Inc. for providing "incorrect and misleading information" to the investigators over its 2014 takeover of WhatsApp."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," Xinhua news agency quoted the European Commission, the EU's executive body, as saying in a statement.According to the statement, Facebook now has until January 31, 2017 to respond to the statement of objections.
. read more from here
to read more visit us whats app
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