Remove Google Remove Regulation Remove Security Remove social media
article thumbnail

Will Our Love-Hate Relationship With Social Media Ever Break?

PYMNTS

consumers and social media. Data breaches, marketing so targeted and specific that it can feel creepy, lack of privacy and regrets over wasted time – people complain constantly about how social media causes or enables all of that. Yet those same people find it hard to quit the Facebook, Twitter and social media platforms.

article thumbnail

Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Google Quits Cookies As Data Privacy Regs Show Fangs

PYMNTS

In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it. The Merchants’ Guide to Navigating Global Payments Regulations , powered by Ekata, dives deep into this complex and unsettled topic, from possible abrupt retail impacts to long-term open banking repercussions.

Google 288
article thumbnail

Facebook Says It’s Open To New Regulation

PYMNTS

Facebook , which has been under fire for months over data scandals, expressed openness to new regulation. According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” Google in 2012 paid $22.5

article thumbnail

U.S. Regulators Eye ‘Record’ Facebook Fine For Privacy Violations

PYMNTS

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook , a punishment that could be sizable in scope and which comes in the wake of privacy violations. million paid by Google in 2012. The fine would reportedly be “record-setting” in scope and would eclipse the $22.5

article thumbnail

Patent Deal Struck Between Google And Tencent

PYMNTS

Google has inked a pact with China’s multinational investment holding conglomerate Tencent Holdings in a deal that cross-licenses a number of patents. On the Tencent side, the work with Google would follow a number of investments made over the past several months, including funds for both Tesla and Spotify, among others.

Google 106
article thumbnail

Bitcoin, Other Cryptocurrencies Continue Decline Over Regulation Fears

PYMNTS

With fresh concerns about government regulation of cryptocurrency surfacing, Bitcoin and other digital tokens continued the recent declines in value, erasing $550 billion in value for the global cryptocurrency market since the start of 2018. After all, one of the appeals of digital tokens is that they are not regulated and are anonymous.