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U.S. Regulators Eye ‘Record’ Facebook Fine For Privacy Violations

PYMNTS

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook , a punishment that could be sizable in scope and which comes in the wake of privacy violations. Other data privacy issues have been reported beyond that linkup. million paid by Google in 2012.

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FTC: Facebook Lied To Users About Authentication, Facial Recognition

PYMNTS

The Washington Post is reporting that as part of a milestone settlement against Facebook, the Federal Trade Commission (FTC) is going to say that Facebook lied to users about handling phone numbers and that it misled users about turning off a photo recognition tool. The new board committee will be added to the existing team.

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Facebook Is Developing A Voice Assistant To Compete With Google, Amazon

PYMNTS

Social media giant Facebook is developing an artificial intelligence (AI)-powered voice assistant in the vein of Amazon’s Alexa or Apple’s Siri, according to reports. The assistant is being created by a team out of Redmond, Washington, and spearheaded by Facebook’s director of AR/VR, Ira Snyder.

Google 122
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Memes That Kill: The Future Of Information Warfare

CB Insights

In 2011, a university professor with a background in robotics presented an idea that seemed radical at the time. In internet-speak the word “meme” often refers to an amusing picture that goes viral on social media. ” REsearch briefing: Cyber defenders in 2018. Instead, they seem farsighted.

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The Return Of The Celebrity-Backed Brand

PYMNTS

Not only is it expanding its physical presence, Fabletics is also test-driving a new store design at its Bellevue, Washington, location, scheduled to open later in 2018, according to CNBC. According to reports , Fabletics is looking to dramatically expand its physical presence by opening 75 more stores in the U.S. and other countries.

Branding 101
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Innovation All the Time

Independent Banker

Rockland Trust launched mobile banking and mobile deposit options in 2011, taking an early lead over many of its largest competitors. The bank also energetically markets to and interacts with customers through social media, and it was named this year as one of ICBA’s leading member community banks in social media.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Social media is also helping campers discover new places to visit, then share their experiences with others: 30% of millennials said that they picked a camping spot after seeing someone else go there. As with many industries in today’s information economy, millennial travel trends are strongly influenced by social media.