article thumbnail

Facebook COO Calls For Some Regulation, No Antitrust Action

PYMNTS

In an appearance at the Cannes Lions International Festival of Creativity, Facebook Chief Operating Officer Sheryl Sandberg said the social media platform didn’t anticipate the foreign interference that sought to disrupt the U.S. presidential election in 2016, but has since put up safeguards against misinformation.

article thumbnail

Is #donate The First Step To #buy?

PYMNTS

In fact, the company, which launched in 2014 and is based in Washington, D.C., is the only social fundraising platform with hashtag-to-donate technology on both Facebook and Twitter. Think about it: A person who makes a donation in the public sphere of social media might encourage others to do the same. Portable Hashtag.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Facebook’s News Accelerator Nets Extra $5M For Local Newspapers

PYMNTS

The Lenfest Institute’s mission is to develop and support sustainable business models for local journalism,” said the institute’s Director of Operations Ken Herts. “We Also in January, the social media giant opened a 130,000-square-foot office in Cambridge , Massachusetts.

article thumbnail

Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud

PYMNTS

And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported. The slide deck was reportedly leaked through social media by an accountant. at the World Bank.

article thumbnail

The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

You did not see this kind of support during the failure of Washington Mutual, and you didn’t see it with Silvergate or Signature Bank. 8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties.

article thumbnail

Can Lime Make Consumers Feel Safer About Scooters And Bikes?

PYMNTS

More importantly, how does one use such a thing — or even a bike — and operate it in an urban environment without falling off, getting hit and suffering injury? In late September, a Lime scooter rider was killed on by an SUV in an accident around Washington D.C.’s It’s hardly an academic concern. Scooter Accident. Lime Campaign.

article thumbnail

FinCEN Deputy Director Talks Reform, NBFI Supervision

PYMNTS

Innovation and regulatory reform are topics of much discussion in Washington these days. El-Hindi stressed that the system is in the wake of oncoming currencies from many different entities, including social media companies, and that “they need to address AML and CFT issues now, not later.