Business

Italy fines BAT, Amazon over heated tobacco ads

Italy's competition authority on Wednesday fined British American Tobacco's Italian division six million euros ($6.4 million) and Amazon one million euros for misleading advertising of a heated tobacco product.

Business

Biden on TikTok: 'lol' or national security worry?

US President Joe Biden's debut on TikTok has caused a stir—not least because the Chinese-owned social media platform is still officially considered a security risk by Washington.

Business

EU hails 'change' as Apple opens App Store to competition

The European Union's digital enforcer celebrated on Friday the "change" underway in the tech world after Apple yielded to a new EU law by announcing it would allow alternative app stores on the iPhone for the first time.

Business

EU probes Apple's App Store, Google Play

The EU demanded on Thursday that Apple and Google provide more details on how they identified risks concerning their respective software hubs, the App Store and Google Play.

page 3 from 21

Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

This text uses material from Wikipedia, licensed under CC BY-SA