Microsoft, US Reach $3 Million Settlement for Over 1,300 Violations of Export Restrictions

Microsoft, US Reach $3 Million Settlement for Over 1,300 Violations of Export Restrictions

The United States and Microsoft reached a settlement on Thursday over the tech firm’s apparent violations of sanctions and export controls, which it disclosed voluntarily, the government and the company said. Microsoft has agreed to remit about $3 million (roughly Rs. 24 crore) to settle its potential civil liability for…