Business

South Korea’s Supreme Court Denies Meta’s Appeal Regarding User Data Sharing Penalty

Published

1 year ago

March 15, 2025

South Korea’s highest court announced on Thursday that it has upheld a 6.7 billion-won ($4.6 million) fine against Meta, the parent company of Facebook, for sharing user data without consent. This ruling comes following an investigation by the Personal Information Protection Commission (PIPC) which found that from May 2012 to June 2018, Meta disclosed the personal information of at least 3.3 million South Korean users to third parties without their knowledge, as reported by Yonhap news agency.

In March 2021, Meta contested the fine, asserting that the data sharing was done with user consent and that they did not encourage users to agree.

Ultimately, the Supreme Court found the PIPC’s actions to be lawful, reaffirming previous rulings made in October 2023 and September of last year. As a result of the court’s decision, the PIPC announced it would resume enforcing corrective measures that had been put on hold during the legal proceedings.

Last year, Meta Platforms Ireland faced a setback when it attempted to challenge the South Korean data protection authority’s decision regarding the fine for unauthorized sharing of user information. The PIPC’s investigation revealed that user data was shared with external operators without knowledge when users logged into other services via Facebook. This included sensitive information such as academic backgrounds and family statuses. Additionally, the watchdog criticized Meta for its lack of cooperation during the investigation, citing delays in providing information and the submission of misleading documents.

Business

Opendoor Shuts Down India Operations, 250 Employees Affected

Published

1 week ago

June 11, 2026

Namma Kudla

Business: US-based real estate technology company Opendoor has decided to close its operations in India. The move will impact nearly 250 employees.

CEO Kaz Nejatian said the company is bringing operational roles closer to its customers in the United States. He explained that most of Opendoor’s customers are based in America.

The company said the decision is not related to the performance of its India team. Nejatian praised the employees for their hard work and contributions.

Affected workers will receive severance pay, job placement support, and other assistance. A small number of employees will stay temporarily to help with the transition.

Opendoor said it will continue focusing on simplifying operations and improving efficiency with new technology and AI.

Business

Domestic LPG Cylinder Price Increased by Rs 29

Published

2 weeks ago

June 7, 2026

Namma Kudla

New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.

The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.

After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.

The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.

Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.

Business

Honda Begins Delivery of 2026 City Hybrid

Published

2 weeks ago

June 3, 2026

Namma Kudla

Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.

Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.

The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.

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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.

The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.

The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.