VENTURE CAPITAL POST

Tuff Torq Corp. was fined $296,951 by the Labor Department's Wage and Hour Division for several child labor violations.

German politician Thomas Opperman has threatened to fine Facebook up to €500,000 for every fake news on the platform. This came after Mark Zuckerberg announced the company's plans of building a more informed community, providing changes such as a simple way to flag articles that users think could be fake.

The firm Morgan Stanley Smith Barney was fined $1.5 million for technical failures including a broken online link, preventing clients from checking fund prospectuses online for nine months.

Trump has no problem with the legalization of same-sex marriage in US.

France’s data protection authority CNIL fined U.S. tech giant Google for failing to comply with the European top court’s ruling for the “right to be forgotten”. Google has implemented the ruling in Europe, however, the authority demanded that the ruling applied worldwide.

Due to a cyanide spill in a mine in Argentina, Canadian-owned Barrick Gold is facing a fine of $9.3 million imposed by the local government. Nine current and former employees are also being held as defendants over accusations of negligence that caused the spill.

To provide credence to their power to fine, the Telecommunications Department had a legal opinion drafted on the matter.

Rajat Gupta was fined US $13.9 million after court found him guilty of insider trading.