PYMNTS

SEPTEMBER 8, 2020

Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. Regulation. In addition, the legislation would make sellers pay a third of commissions to a dedicated training fund for technology specialists each quarter.

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PYMNTS

JULY 17, 2020

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. antitrust laws, sources told The Wall Street Journal. billion global users. states and the DOJ.

social media 160

social media California Google Apple 160

PYMNTS

FEBRUARY 12, 2019

Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. The group is asking a parliamentary panel on information technology to investigate the tech giants.

Taxes 108

Taxes Google social media Groups 108

PYMNTS

JANUARY 19, 2018

Google has inked a pact with China’s multinational investment holding conglomerate Tencent Holdings in a deal that cross-licenses a number of patents. 19th) that the deal covers “a broad range of products and technologies” in an agreement that is “long-term” in nature. TechCrunch reported Friday (Jan. That is the bottom line.

Google 106

Google social media National Regulation 106

PYMNTS

MAY 16, 2019

Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny.

social media 161

social media Compliance Innovation Data 161

PYMNTS

OCTOBER 4, 2020

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. Other technology giants including Google , Amazon and Apple are also facing probes. There is no ‘it’s too hard’ defense,’” Wu told WSJ.

social media 291

social media Austin Chicago User Experience 291

Gonzobanker

JULY 13, 2023

Vendors need to be able to explain their AI technology to bankers in layman’s terms “An algorithm is what software engineers call something when they don’t want to explain what they did.” — Modern Adage Every vendor these days is talking about how their software has magical “AI” algorithms in it.

Technology 78

Technology Software social media Fraud 78

PYMNTS

NOVEMBER 21, 2019

President Barack Obama is concerned about the impact technology can have on society. “’Big, disruptive’ information technologies can sometimes be ‘dangerous,’” Obama said during a talk with Salesforce CEO Marc Benioff. He also believes that technology, in general, can overwhelm people — even the former First Lady.

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social media New York Technology Google 204

PYMNTS

NOVEMBER 27, 2018

IBM CEO Ginni Rometty is the latest tech executive to criticize web platforms, such as Facebook and Google , over their data collection practices. “Dominant online platforms have more power to shape public opinion than newspapers or the television ever had, yet they face very little regulation or liability,” Rometty said.

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social media Google Data Company 130

PYMNTS

APRIL 12, 2018

Simpson, Consumer Watchdog’s privacy and technology project director. Consumer Watchdog pointed out that Facebook’s latest breach violates its 2011 consent decree with the FTC, adding that the social media giant should be fined. On Tuesday (April 10), Senators Edward J. Markey (D-Mass.) and Richard Blumenthal (D-Conn.)

Regulation 101

Regulation social media United States Online 101

PYMNTS

MARCH 18, 2019

Facebook ’s stock was under pressure Friday (March 15), reaching its lowest point in three months after it announced Chris Cox, chief product officer, is leaving the social media giant. In a research report late last week JPMorgan said Cox played a critical role in creating the social media giant’s mission, value and culture.

social media 100

social media Google Strategy Report 100

PYMNTS

NOVEMBER 16, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. India’s Antitrust Watchdog Opens Google Antitrust Case.

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Maryland Taxes Online Groups 151

PYMNTS

NOVEMBER 10, 2019

Current antitrust laws are “flexible enough” to handle issues caused by technology firms, said Makan Delrahim, assistant attorney general for the Antitrust Division of the U.S. The membership roster for the CCIA includes Amazon, Facebook and Google, among others. Department of Justice, Reuters reported on Saturday (Nov.

social media 100

social media Google Regulation Conference 100

PYMNTS

DECEMBER 28, 2020

Here’s the latest news from companies in the technology industry, which are coming under increasing scrutiny from officials and criticism from competitors. It takes time to rebuild products in a way that work seamlessly for people and also comply with new regulation.”. State Attorneys General Sue Google Over ‘Exclusionary Tactics’.

Compliance 148

Compliance Google Texas Apple 148

PYMNTS

FEBRUARY 20, 2020

Attorney General William Barr said on Wednesday he was unsure whether social media giants like Facebook and Google needed the immunity that protected them from being sued over content posted by their users, which has protected such companies in the past.

social media 131

social media Google Meeting Regulation 131

PYMNTS

SEPTEMBER 16, 2019

On Friday, the House Judiciary Committee, investigating antitrust issues tied to marquee names such as Facebook, Google and others, delivered letters asking for communications and documents that may shed light on the reasons and processes surrounding changes in the competitive landscape, including various mergers and acquisitions.

social media 122

social media Google Taxes Arkansas 122

PYMNTS

AUGUST 21, 2020

Amid an approaching Federal Trade Commission (FTC) meeting, Facebook has advocated for rules that make it simpler for users to move media to a competing technology firm, Reuters reported. The social media company let American and Canadian users move media to Google Photos for the first time back in the spring.

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Meeting social media Data Google 142

PYMNTS

JANUARY 9, 2019

Back then, he had warned executives at the social media company of the potentially damaging impact of Facebook’s data sharing policies. Financial Times highlighted a 2016 blog post in which Parakilas warned about the impact of social media. “We Parakilas felt his concerns weren’t taken seriously at the time.

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Apple social media Google Policies 122

PYMNTS

DECEMBER 7, 2017

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. Microsoft.

Apple 111

Apple social media Google Video 111

PYMNTS

APRIL 5, 2019

Elizabeth Warren’s plan to break up large technology companies. According to a NBC News/Wall Street Journal Poll , by 50 percent to 47 percent, Americans disagree with Warren’s plans to split big tech companies like Apple, Amazon, Facebook and Google into smaller competing companies. Google and Amazon came out slightly better.

social media 108

social media Google Regulation Apple 108

PYMNTS

JULY 27, 2018

intelligence warning of a possible cyberattack, grocery chain SUPERVALU being acquired by UNFI, an imminent comeback for RadioShack and Google banning apps that mine crypto from user devices. intelligence officials are warning of an imminent cyberattack targeting the technology behind business supply chains. The report by the U.S.

San Francisco 101

San Francisco Google social media cryptocurrency 101

CB Insights

SEPTEMBER 11, 2018

The Edelman Trust Barometer shows that public confidence in search engines and social media platforms fell 11 percentage points from 2017 and 2018. Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation.

Google 48

Google Apple Policies social media 48

PYMNTS

AUGUST 10, 2018

YouTube has a chance to take advantage of recent Facebook problems and move past the social media platform in terms of website traffic, according to a new study. YouTube’s parent, Google, already is the undisputed, unthreatened champion of U.S. Meanwhile, Yahoo continues to fade. web traffic, with some 15.2 Paradigm Shift.

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social media Google Video Study 101

PYMNTS

NOVEMBER 22, 2019

President Barack Obama is warning about the potential negative impact that technology can have on society. President Barack Obama is warning about the potential negative impact technology can have on society. Privacy Advocates Fear Google Will Mine Fitbit’s Health Data. Google’s $2.1 Former U.S.

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South Dakota Apple Taxes Cards 101

PYMNTS

SEPTEMBER 13, 2019

As they seek evidence of anticompetitive behavior, House lawmakers are asking for executive communications and emails from four technology companies. That could bring about political pressure for a regulatory crackdown and pose risks to the reputations of technology companies.

social media 122

social media Apple Policies Regulation 122

PYMNTS

NOVEMBER 19, 2019

18) that the Justice Department may widen investigations into whether tech giants such as Facebook and Google have violated antitrust laws. As reported by Reuters, FTC Chair Joe Simons said the Technology Enforcement Division (known as TED for short) has been focusing its investigations into other companies. “We On a number of fronts.

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social media Colorado Google Washington 100

PYMNTS

OCTOBER 23, 2019

Reuters is reporting that Shores, who comes from the firm of Shearman & Sterling, will help with the probe of Google, Facebook and other notable technology companies. The department did not name specific companies, but said they were related to “search, social media and some retail services online.”.

Utah 100

Utah social media Google Online 100

Insights on Business

DECEMBER 10, 2017

Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device. Banks, on the other hand, in addition to understanding complex regulations and having greater access to capital, know their customers and have their trust. Technology isn’t a disruptor.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

JUNE 19, 2018

The time for “wait and see” is running out when it comes to new European privacy regulations. Soon enough, the financial and consumer impacts of the General Data Protection Regulation (GDPR) will become clear enough that companies that took a laggard’s approach may start to feel significant pain.

Regulation 101

Regulation eBook social media Case Study 101

CB Insights

NOVEMBER 6, 2018

While beauty conglomerates like L’Oréal are making acquisitions to become more tech-enabled, tech giants like Google, Amazon, Facebook, and Apple (GAFA) are pursuing the high margins in beauty through partnerships, consumer insights, e-commerce, and more. Beauty brands partner with Google Assistant and Home. Source: Think with Google.

Google 72

Google Apple Industry Branding 72

South State Correspondent

AUGUST 15, 2022

Bankers often think from the bank’s perspective or from the regulator’s perspective. Customer reviews on Yelp/Google, survey results, chat transcripts, and social media comments. Build mock screens, small branches, or experimental technology and then test with actual customers. Review Qualitative Data.

Customer Experience 195

Customer Experience Training Strategy social media 195

South State Correspondent

AUGUST 15, 2022

Bankers often think from the bank’s perspective or from the regulator’s perspective. Customer reviews on Yelp/Google, survey results, chat transcripts, and social media comments. Build mock screens, small branches, or experimental technology and then test with actual customers. Review Qualitative Data.

Customer Experience 195

Customer Experience Training Strategy social media 195

PYMNTS

AUGUST 10, 2018

Europe’s General Data Protection Regulation (GDPR), California’s similar law , Facebook’s ongoing costs and stock price plunge in the aftermath of the Cambridge Analytica scandal — all point to a new, stricter attitude about keeping online data private. Overall, 69 percent of consumers favor GDPR-like regulations in the United States.

Online 101

Online social media Baltimore Data 101

PYMNTS

OCTOBER 2, 2018

What would one say about a computer geek who said he could protect their online identity , and while doing do would make a bold move against the likes of Facebook and Google ? Technology that enables consumers to control their data as they shop, pay and perform other tasks online. As consumers become more cautious — cynical?

Data 189

Data Online Google social media 189

PYMNTS

OCTOBER 29, 2018

This happened despite sophisticated technology capabilities that successfully flagged many other types of inappropriate postings, like pornography, and kept them off the platform for years. Only 38 percent of hate speech content was identified by their technology in Q1 2018, they reported, resulting in the removal of 2.5

Payments 196

Payments Google Apple Innovation 196

PYMNTS

NOVEMBER 3, 2017

All five technology companies are facing political backlash, though — and probably increased regulations over their products and services, as some lawmakers are nursing antitrust concerns. The social media giant was slated to give testimony before the Senate Judiciary Committee on Tuesday (Oct. billion in revenue.

Google 100

Google Apple social media Retail 100

PYMNTS

OCTOBER 8, 2018

In today’s age of tightening Know Your Customer ( KYC ) regulations, Know Your Supplier has also become an equally important priority in B2B trade. Indeed, research from ThomasNet in its 2018 Industrial Buying Habits Report found Google to be the most common digital platform for companies to source and connect with suppliers.

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Regional Online social media Compliance 188