article thumbnail

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.

article thumbnail

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

PYMNTS

million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister. Foreign companies operating in Turkey that reach more than 1 million people daily have been told about some of the rules they need to comply with,” Sayan said on social media.

Insiders

Sign Up for our Newsletter

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

article thumbnail

California enforcement updates and privacy tools highlight regulatory scrutiny of right to opt out

CFPB Monitor

At the press conference, California Attorney General Rob Bonta summarized the first year of enforcement of the CCPA and provided specific examples of actions businesses have taken to rectify alleged violations following receipt of a notice of noncompliance. Enforcement updates.

article thumbnail

Facebook Could Lose Accreditation Of Media Rating Council

PYMNTS

advertisers probably won’t “like” its subpar rating from a media industry watchdog. The Media Rating Council (MRC) review found that the California-based social media giant has failed to address advertisers’ concerns arising from an Ernst & Young audit over how it measures and reports data about video advertisements. .

article thumbnail

Big Tech Compliance Tracker: Facebook Disables Some Instagram, Messenger Functions In Europe; Amazon Delays Merchant Fulfillment Fee Increases

PYMNTS

Facebook has put forward the idea of easing antitrust concerns by allowing a competitor to license access to its code and its users’ collection of relationships to allow for the easier development of a rival social platform, according to unnamed sources in a report from The Washington Post.

article thumbnail

Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The group, based in Geneva, Switzerland, was founded by Facebook to launch the social media company’s entry into digital currency. Other recent hires at the Libra Association have included Steve Bunnell as chief legal officer and Sterling Daines as chief compliance officer. The association named Levey to the CEO post in May.

article thumbnail

Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

HSBC To Staff: Stay Off Bank’s Social Media Accounts . The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s social media sites on Monday (Sept. The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s social media sites on Monday (Sept.

Maine 153