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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.

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Big Tech Compliance Tracker: EU Unveils Drafts Of New Big Tech Regs; Facebook To Move UK Users To California Privacy Agreement Amid Brexit

PYMNTS

EU Unveils First Drafts of Digital Markets and Digital Services Acts. The European Union ’s governing European Commission published drafts of new rules for digital services that would cover social media, digital marketplaces and other platforms. Facebook to Migrate UK Users to California Privacy Agreement Due to Brexit.

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FTC Could Hear Testimony From Facebook’s Zuckerberg, Sandberg

PYMNTS

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. The company has emerged as a dominant player in the nation’s digital advertising market. billion global users.

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Big Tech Compliance Tracker: EU Prepares To Propose New Big Tech Regulations; Turkey Fines Big Tech Platforms $1.18M

PYMNTS

The European Commission has rolled out high-profile probes into firms such as Google, Apple, Facebook and Amazon over worries that their market supremacy is negatively impacting competition. million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister.

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Social Calendar App IRL Lands $16M In Series B Funding Round

PYMNTS

help students create lasting memories and friendships through shared experiences, and look toward international markets.” . “This new funding will allow us to. The college calendars are monitored and updated by what IRL calls “student ambassadors,” to assist students with tracking activities and organizing events.

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Big Tech Compliance Tracker: Apple To Pay $113M Over Alleged iPhone 'Throttling'; Officials: European Commission Needs To ‘Scale Up’ Regulation

PYMNTS

Either way, California Attorney Gen. California will get $24.6 Additionally, the auditors determined that the commission has restricted capacity to watch markets, examine the veracity of merger data and proactively sense antitrust infringements. “But Facebook Could Encounter Suit From FTC, States.

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Americans Rush To Download WeChat App In Advance Of Ban

PYMNTS

are racing to download the Chinese multi-purpose messaging, social media and mobile payment app, Reuters reported. A California federal judge has temporarily blocked Trump's executive order prohibiting the WeChat app owned by China’s Tencent Holdings Ltd. If they take the app off the market, we will fight it.”.