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Articles tagged with: fine

iPhone 5 Will Be Dual Mode

Verizon’s CFO confirmed that the next iPhone will be a world phone. The iPhone 5 will be able to operate both on the CDMA and GSM networks with the same hardware. Verizon CFO Fran Shammo claimed that the new iPhone would be a dual-mode phone allowing for users to seamlessly switch between wireless carriers without switching hardware.

Of course, you’ll probably have to pay a hefty $200 penalty for ending a contract early, it’s reassuring to some that you’ll get to keep the same hardware.

Google Pays $500M Fine To The Government

Google is about to dish out $500 million, and this time it’s not on a renewable power plant! According to the Wall Street Journal, the FDA had investigated on Google profiting illegally from ads placed by non-US pharmacies. Google and other search engine sites blocked many overseas pharmacy ads in early 2010 since it is illegal for U.S. citizens to have drugs imported.

The federal investigators believe that Google took advantage of the fact that the feds often turn a blind eye in regards to imported drugs from Canada and do not typically prosecute individuals. Google placed ads for both US and Canadian pharmacies since many US citizens get their medication from Canada due to it being cheaper.

WikiLeaks Threatens $20M Fine On Unpublished Leaks

Julian Assange, founder of WikiLeaks, is now making his associates sign a nondisclosure agreement that asserts the organization’s leaked material is solely the property of the organization. The agreement states “You accept and agree that the information disclosed, or to be disclosed to you pursuant to this agreement is, by its nature, valuable proprietary commercial information…the misuse or unauthorized disclosure of which would be likely to cause us considerable damage.”