PayPal Holdings blocks Christian crowdfunding site linked to alleged Trump supporter

In a statement PayPal Holdings Inc said it has blocked GiveSendGo, a Christian crowdfunding site which helped raise funds for people who attended last week’s event in Washington after supporters of U.S. President Donald Trump, visited en mass at the Capitol. PayPal confirmed that it has closed an account held by Ali Alexander, one of…

European Commission imposed fine of $14.14 million on Nike

According to the 2-year long investigation, Nike blocked cross border sales of soccer merchandise between 2004 to 2017. On Monday, the European Commission imposed a fine of $14.14 million (12.5 million euros) on U.S. sportswear maker Nike for restricting cross-border sales of merchandising products of five European football clubs as well as to a football…

FCC to hand over internet oversight to FTC, repeal landmark 2015 net neutrality rules

The new rules, likely to be effective from January 1, 2018, are also likely to attract court challenges. In a development that is likely to be a milestone for the history of the internet, the U.S. Federal Communications Commission plans on handing over the oversight of internet service providers to another federal agency, as it…