:Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business, the U.S. Consumer Financial Protection Bureau announced Wednesday.
FILE PHOTO: An Apple logo is pictured in an Apple store in Paris, France, March 6, 2024. REUTERS/Gonzalo Fuentes/File Photo
In partnership to finance Apple customers' purchases through the Apple credit card, the two companies mishandled transaction disputes and misled iPhone purchasers about whether their purchases were in fact interest-free, according to the agency. CFPB Director Rohit Chopra said the misconduct had affected hundreds of thousands of Apple Card users.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese national who tried to bribe cops with $89, jailedA man sitting by the curbside and drinking beer was asked by two police officers to dispose of his drink as it was past 10.30pm and drinking in public was not allowed after that time. But Xu Biwei, 28, offered them $89 to leave him alone. On Sept 27, the Chinese...
Read more »
Seven weeks’ jail for man who attempted to bribe police officers six times with $89The officers had asked him to empty his beer can as he was drinking in public past 10.30pm.
Read more »
Apple accused of restricting workers' Slack, social media useWASHINGTON - The US National Labour Relations board accused Apple of interfering with workers' rights to collectively advocate for better working conditions by restricting their use of social media and workplace messaging app Slack, the agency said on Oct 11.
Read more »
Actress Apple Hong grappled with decision to send her late father to nursing homeHer father, who died in August 2023, was diagnosed with Parkinson's disease in 2020.
Read more »
‘Too much bureaucracy’: Indonesia’s potential Apple iPhone 16 ban stirs debate among local netizensApple had previously secured the required certification, allowing its products to be sold in Indonesia but the certificate has since expired, said Indonesia’s Industry Minister, adding that the company also fell short of its investment commitment.
Read more »
Apple's Struggles in China: Beyond GeopoliticsDespite its long-standing symbiotic relationship with China, Apple has recently slipped out of the top five smartphone vendors in the country. This decline, attributed to factors beyond geopolitical tensions, raises questions about the future of Apple's dominance in this crucial market.
Read more »