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Facebook Threatens EU Pullout As Data Sharing Comes Under Scrutiny

PYMNTS

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial decision by Irish regulators is allowed to stand. according to Metro. according to Metro.

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AWS Outage Interrupts Web Service for Spotify, Square And Others

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An Amazon Web Services outage affected the digital presence and operations of dozens of companies Wednesday (Nov 25) as one of the subsystems of the massive web operations platform failed. The team has identified the root cause and is working on resolving the issue affecting this subsystem,” the notice said.

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Singapore’s Ninja Van Delivery Startup Raises $279M

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It also works with smaller operations, including social media influencers. The company works to deliver more than a million packages across the Southeast Asia region for clients, and its recent funding rounds have been bringing in hundreds of billions of dollars. The company’s total financing is now around $400 million.

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A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements

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SMBs and merchants operating in the EU must comply with strong customer authentication (SCA), which mandates stricter authentication requirements for online and contactless purchases above a certain value. Banco de España, Spain’s central bank, granted the license, which enables RevoluPAY to operate within all 27 EU member countries.

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Credit Unions Shun Online Ads For Content To Acquire Customers

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The social media site faced accusations that its ad-targeting platform — which allows ad buyers to select what demographic groups they want to target with their advertisements — was allowing and encouraging financial institutions (FIs) to violate non-discrimination provisions of the Fair Housing and Truth in Lending Acts.

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Facebook Gears Up For Payments In India

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Amid the data privacy -related headlines that have been dominating Facebook ’s existence as of late, the company is carrying through with its efforts to expand in India, where the social media giant is moving into payments. Facebook’s push into payments in India comes on the heels of WhatsApp’s debut. debuted last year.

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Keep Knocking, Facebook: China Might Let You In

PYMNTS

By many standards, Facebook is the undisputed king of social media with its 1.8 In an attempt to continue its momentum, the social media giant has faced an uphill battle against one of the largest countries in the world, China. Since 2009, Facebook has been blocked on all computers operating in China.