South Korea’s telecom regulator has imposed a 3 million won ($2,829) fine on Apple after it judged the iPhone maker to be collecting location data from users’ handsets without authorisation,Yonhap News reports. Apple voilated Korean location information laws and was ordered to pay the fine by the Korea Communications Commission (KCC), which has also ordered the Cupertino-based company to amend its practices. The regulator also order Google to incorporate more stringent safeguards so that it could better protect users’ data after the KCC found that the search giant did not encrypt users’ location data which was temporarily saved on smartphones....

South Korea’s largest mobile operator SK Telecom are reported to have approached Samsung Electronics and Yahoo to discuss a possible takeover of online video service Hulu before scrapping the plan,Yonhap News reports. It is believed that the mobile carrier had been deliberating over a potential bid since February, inviting Samsung and Yahoo to join its consortium, with the search engine company dismissing the proposal from the Korean firm because SK Telecom proposed a 50% stake in the video service....

Bobby Kotick, the much-reviled CEO ofActivision Blizzard, is in talks on behalf of an investor group he’s involved with to buy a controlling stake in the floundering social networkMyspace. Kotick is one of the investors in this group, and his part in the purchase will be a personal one, with Activision Blizzard — the company that publishes such titles as Call of Duty and World of Warcraft — taking no part in the deal....

Brands seem to be obsessed with gettingyou to smile while thinkingabout their product and a new campaign from Kraft Foods has come up with a great technical way of making you do that. The idea comes from the thousands of times you are walking around the office or at home and see somebody else smiling at something online but always wonder what it is. It could be a video, a funny joke or simply a photo of a friend and Kraft wants to tap into the millions of us smiling at stuff online and tag our smiles....

Earlier this year, India was about to proposea bill to ban cryptocurrency trading. While that’s on hold, there are multiple concerns about India’s cryptocurrency regulations that can impact traders and exchanges. However, this uncertainty hasn’t stopped major exchanges fromexploring the possibility of building out their presence in India. According to a report byReuters,U.S.-based Kraken, and Hong Kong-based Bitfinex and KuCoin are “scouting the market” to potentially set up camp in the country....