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Facebook Invests $130M In Content Oversight Board

PYMNTS

The social media company is now reportedly investing $130 million to the effort, Engadget reported. Brown Brothers Harriman Trust Company of Delaware, N.A The initial investment is forecasted to cover the operating expenses of the board for two three-year terms — or roughly six years.

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India OKs Facebook Subsidiary’s Acquisition Of Jio Platforms Share

PYMNTS

CCI said Jaadhu is a wholly owned Facebook subsidiary, which was started in March of this year under Delaware state laws, according to a press release. RJIL is a licensed operator of communications systems, which services customers throughout India.

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 Ransomware Gains Traction, UK BEC Fraud Spikes

PYMNTS

These criminals are exploiting new technologies to commit fraud, posting adverts on social media to try and recruit money mules,” he said. Separately, a federal grand jury has indicted a Maryland woman for allegedly bilking a Newark, Delaware medical practice of more than $320,000 through the use of a corporate credit card.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

An enormous part of By Chloe’s success is that its dishes and restaurants are optimized for social media. Cafe X in San Francisco is one of the first food businesses to successfully integrate robots into its operations. Restaurants that have automated concrete and repetitive aspects of their operations are seeing strong results.