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Zuckerberg To Visit DC To Discuss Internet Regulations

PYMNTS

Zuckerberg is scheduled “to meet with policymakers and talk about future internet regulation” on Thursday (Sept. The social media giant has also been under scrutiny via multiple antitrust investigations. Facebook CEO Mark Zuckerberg is set to testify on Capitol Hill once again. A spokesperson for Sen.

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Zuckerberg Visits DC To Talk Tech Laws With Senators  

PYMNTS

Warner, the vice chairman of the Senate Intelligence Committee, has been vocal in his support of regulating Big Tech. The social media giant has been under scrutiny via multiple antitrust investigations. Mark Warner (D-Va.) said on Wednesday (Sept. and Senate Judiciary Antitrust Chairman Mike Lee (R-Utah). Jerry Moran (R-Kan.)

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Facebook Shares Fall 7.3 Pct Post-DC Lawsuit

PYMNTS

With the news of a lawsuit against Facebook (FB) by prosecutors in the District of Columbia, the social media company’s shares slid significantly on Wednesday (Dec. 19), according to Bloomberg. The shares dropped by about 7.3 percent, which put Facebook on track with its historic one-day 19 percent drop earlier this year.

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Text Messages From Debt Collectors? Not in My Backyard!

CFPB Monitor

It took 44 years for the law to catch up to modern technology, but the CFPB finally did it in 2021 with Regulation F’s guidelines for FDCPA-compliant electronic communications like email and text messages. Regulation F’s call frequency limits do not apply to email, text messages, or other electronic communications.

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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch

PYMNTS

But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license. I hope everybody will join this platform,” he said in a video, according to The Guardian. And the U.S.

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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. The Gonzo team understands the value of well-designed regulations and standards, and we too despise the “gotcha” behavior of Wells Fargo and other players who institutionalize manipulating the consumer. One word can summarize this action-packed banking year, GonzoBankers – tiring. Payments chaos.

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Facebook Chief Spends Third Day In DC Meeting Lawmakers

PYMNTS

The move comes as the social media giant is battling accusations of antitrust impropriety and a lack of proper preparation against misinformation ahead of the 2020 election. Zuckerberg met with President Donald Trump on Thursday, along with Trump son-in-law Jared Kushner and White House Social Media Director Dan Scavino.

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