Remove 2011 Remove Online Remove social media Remove Technology
article thumbnail

Five Key Takeaways From Poshmark’s IPO Filing 

PYMNTS

Social media-focused clothing reseller Poshmark became the latest platform company to file for an initial public offering (IPO) this week, hoping to catch an IPO wave that saw big first-day pops recently for Airbnb and DoorDash. In doing so, we bring the power of community to buying and selling online.

article thumbnail

Facebook Defends Data Sharing Tool As FTC Compliant

PYMNTS

Facebook is defending its data sharing tool, saying it was in compliance with a 2011 privacy agreement with the Federal Trade Commission. The social media site just admitted that the data scandal with Cambridge Analytica could involve more users than the originally estimated 50 million. He is scheduled to appear before the U.S.

Tools 101
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Poshmark IPO Puts Spotlight On reCommerce

PYMNTS

The social media-focused platform company’s business model is simple: it’s a retail destination for consumers looking to sell their second-hand apparel and other goods or pick up desirable designer items for fraction of the price. Unique to Poshmark are social media aspects like the ability to share “likes” on favored items. “We

article thumbnail

Consumer Watchdog Wants More Than Regulation For Facebook

PYMNTS

Consumer Watchdog has called on Congress to enact legislation that would protect consumers’ online privacy in the wake of Facebook’s data scandal. Simpson, Consumer Watchdog’s privacy and technology project director. introduced The Customer Online Notification for Stopping Edge-provider Network Transgressions (CONSENT) Act.

article thumbnail

Big Tech Got Special Access To Facebook User Data

PYMNTS

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.

Data 127
article thumbnail

Qumram Unveils Compliant WhatsApp Social Media Recording Solution

Fintech Labs Insights

Qumram launched a new solution designed to record end-to-end social media interactions via WhatsApp in a fully-compliant manner. “We are excited to reveal this extension to Qumram’s fully-compliant social media recording suite,” Qumram CEO Patrick Barnert said.

article thumbnail

Chatbots Bringing On Business Operations Revolution?

PYMNTS

Now while Facebook initially launched its Messenger chat service in 2011, it wasn’t a major hit right away and the social media giant continued to refine its offering. Like all new technologies, chatbots are facing challenges. Like all new technologies, chatbots are facing challenges.