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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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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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TikTok Pushes For Separation From China

PYMNTS

ByteDance, the company that owns popular social media app TikTok, is attempting to separate itself from its Chinese operations, as a probe of the company is ongoing, according to a report by CNBC. . The company also has plans for a data management team in Mountain View, California.

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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Big Data analytics reached a market valuation of $29.87 Big Data significantly affects banks’ back-of-house operations as well as their customer-facing processes.

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Yelp Wins Court Ruling About Negative Online Reviews

PYMNTS

A recent California Supreme Court decision that essentially allows a negative Yelp post to stand about a lawyer could help determine how online reviews are treated in the future. Beyond the implications of negative reviews and political speech, companies face other challenges in the race to control their digital marketing efforts.

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Probe Prompts TikTok To Separate From China

PYMNTS

ByteDance, the company that owns popular social media app TikTok, is attempting to separate itself from its Chinese operations, as a probe of the company is ongoing, according to a report by CNBC. . The company also has plans for a data management team in Mountain View, California.