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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Larry Hogan vetoed the levy.

Maryland 151
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Tencent, Other Chinese Tech Firms Called Out For Privacy Violations

PYMNTS

The tech companies cited included social media giant Tencent , Sina Corp., A total of 41 apps were found to be not in compliance of user data rules, according to regulators, and violations included improperly collecting or using information about visitors to their services. Sohu.com Ltd. and Xiaomi Corp.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties. The more active your customer base and “friends of the bank” are on social media, the shorter you can expect your deposit duration when sentiment turns negative.

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Big Tech Increasingly In Regulators’ Spotlight — And Crosshairs

PYMNTS

It’s been a whirlwind few weeks — OK, make that months — for big tech firms as regulators look ever more closely at business tactics. Laws would mean the social media giant would have to get user consent to access the data that is in turn used by Facebook’s advertising customers. On Taxation.