OKX Admits to Unlicensed Operations, Agrees to 5 Million Settlement with US DoJ

OKX Admits to Unlicensed Operations, Agrees to $505 Million Settlement with US DoJ

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The OKX crypto exchange has pleaded guilty to operating an unlicensed money transmission business in the US. On February 25, OKX announced a $505 million (roughly Rs. 4,400 crore) settlement with the US Department of Justice (DoJ). The news was shared by its…

Apple Worked on Support for Apple Watch on Android Smartphones for Three Years: Report

Apple Worked on Support for Apple Watch on Android Smartphones for Three Years: Report

ByNews Polite

Apple spent a few years attempting to bring support for its Apple Watch to Android smartphone, the company reportedly stated in its response to the US Department of Justice (DoJ) lawsuit filed against the firm on Wednesday. Previous reports shed some light on the company’s efforts to introduce support for…

Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market

Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market

ByNews Polite

The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet’s Google, Meta Platforms and Amazon.com across the…