Swiss Engineering Firm ABB to Pay $103 Million to Eskom to Settle South Africa Corruption Probe

Swiss engineering firm ABB would pay 1.56 billion rand ($104 million) to South African state power utility Eskom to settle an investigation relating to improper payments and other compliance issues, the two companies announced on Friday.

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South Korean Watchdog Seeks Criminal Prosecution, Fines Facebook Over Personal Data Misuse

A South Korean watchdog group that protects personal information in the country fined Facebook $6.06 million on Wednesday morning and even sought a criminal probe for providing users’ personal data to other operators without any consent.

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