Alibaba, SoftBank's largest asset, also saw its value drop by a third to $52 billion during the second quarter.
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Google has been accused of fuelling systemic transparency issues in the ad tech space due to not providing the total fees and charges to advertisers and publishers.
The new fund will be run by around 60 people based in Miami, São Paulo, and Mexico City.
The majority of the new roles will be based in the United States.
A former Easi food delivery rider was allegedly sacked for trying to raise concerns about rider safety.
Kogan's dip in profit was attributed to the company's expenses more than doubling across the board.
As police continue to investigate the sexual assault allegations, Alibaba has taken feedback from staff on how it better prevent workplace sexual harassment.
While SoftBank's net sales continue to grow, some of its investments in China have been rocked by increased regulatory scrutiny.
South East Asia's largest ride-sharing company reduced its net loss by $120 million during the first quarter of 2021.
Alongside the €500 million fine, Google could face additional €900,000 fines per day if it continues to not provide remuneration offers to various publishers in good faith.