Italy’s antitrust watchdog said on Friday it was imposing a EUR 3 million ($3.3 million or roughly Rs. 35 crores) fine on messaging service WhatsApp for allegedly obliging users to agree to sharing their personal data with its parent company Facebook. All 28 European Union data protection authorities asked WhatsApp ... Read More »

Higher interest rates pushed mortgage refinancing activity down further last week, and home buying isn’t picking up the slack. Total mortgage application volume fell 3.3 percent on a seasonally adjusted basis for the week from the previous week, according to the Mortgage Bankers Association. It is nearly 21 percent higher ... Read More »