0
General

Microsoft settles on USD 26 million fine over Hungarian bribery and corruption charges

Tuesday 23 July 2019 | 11:20 CET | News
The US Department of Justice announced on 22 July that Microsoft agreed to a USD 26 million settlement over a bribery scheme funded by employees at Microsoft Hungary that violated the Foreign Corrupt Practices Act, according to the Washington Post. Excess money obtained from increased prices of discounted software was used in turn to bribe government officials to generate more business.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Microsoft
Countries: Hungary
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Magyar Telekom fined HUF 138 mln by telecom authority

Published 20 Dec 2019 17:29 CET | Hungary
Magyar Telekom was fined HUF 138 million by telecom authority NMHH for violating penalty settlement processes. The NMHH also ...

Invitech brings Microsoft Teams as unified ICT service to Hungary

Published 26 Nov 2019 15:27 CET | Hungary
Invitech became the first company in Hungary to offer Microsoftʼs workplace messaging app as a unified ICT service, according to ...

Microsoft invests USD 1 billion in OpenAI partnership

Published 23 Jul 2019 09:18 CET | World
Microsoft announced a new partnership with OpenAI to develop artificial intelligence in its products. As part of a USD 1 billion ...

Brazil court blocks BRL 1.32 billion contract with Microsoft

Published 28 Jun 2019 13:43 CET | Brazil
The plenary of Brazil's National Council of Justice (CNJ) decided, unanimously, to prohibit the Court of Justice of Sao Paulo ...

Microsoft sues Foxconn for not paying royalties

Published 12 Mar 2019 11:23 CET | United States
Microsoft is taking Foxconn to court for not paying its patent royalties and for not filing appropriate paperwork, Axios ...

Washington DC sues Facebook over data abuse in Cambridge Analytica scandal

Published 20 Dec 2018 08:29 CET | United States
The attorney general of Washington, DC in the US has launched a suit against Facebook for failing to protect the personal data of ...

Brazil court orders Microsoft to change Windows 10 data collection settings

Published 08 May 2018 11:13 CET | Brazil
A Federal Court in Sao Paulo ruled that Microsoft should make changes to the Windows 10 operating system within 30 days to allow ...

US Supreme Court drops Microsoft case about emails stored abroad

Published 18 Apr 2018 09:03 CET | United States
The US Supreme Court has officially dropped the case pitting Microsoft against the Justice Department over emails stored at ...

US, Microsoft both exit case over emails stored abroad

Published 06 Apr 2018 09:46 CET | United States
The suit started when the government wanted to access emails stored on servers in Dublin, regarding a drug trafficking ...





Calendar   /   Industry Events

11 Aug NTT fiscal Q1
11 Aug Viavi fiscal Q4
11 Aug Radcom Q2 2020
11 Aug Lumentum fiscal Q4
11 Aug Rakuten Group Q2
11 Aug Zoom Telephonics Q2 2020
12 Aug China Unicom Q2 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug Tecnotree H1 2020
13 Aug United Internet H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Teleste Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug Teleste Q2 2020
14 Aug Rovio H1 2020
14 Aug TDC Q2 results
17 Aug Bezeq Q2 2020
17 Aug Cellcom Q2 2020
18 Aug Ice Group Q2 results
18 Aug Partner Communications Q2 2020
18 Aug ON Semiconductor strategy update
::: More Calendar Items