article thumbnail

European Regulators Expand Scrutiny On Data Practices – And Bots

PYMNTS

Under a revamp, the strictest measures would apply to larger social media companies, according to the newswire, citing government sources. Social media firms such as Facebook and WhatsApp would face the stricter rules, which would also require that companies remove content deemed unlawful within 24 hours. In India, Too.

Data 131
article thumbnail

Some Big Facebook Investors Call For Zuckerberg’s Ouster

PYMNTS

Facebook Chief Executive Mark Zuckerberg is in the crosshairs of some major investors, including public pension funds and state officials who want the CEO ousted from the social media company. Rhode Island, Illinois and Pennsylvania state treasurers are also joining the initiative.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Century 21 Department Stores' Intellectual Property Up For Sale

PYMNTS

The intellectual property (IP) of Century 21 Department Stores is up for sale, including the company’s domain name, trademarks, social media assets, shopper data and more, according to an announcement from Hilco Streambank , which focuses on the sale of IP assets. Century 21 stores announced on Sept.

article thumbnail

Misfits Market Founder On Rescued Produce As A Subscription

PYMNTS

Misfits Market , for instance, grew out of Founder Abhi Ramesh’s trip to an orchard in Eastern Pennsylvania. He seeks to find produce that might otherwise go to waste and sends it to customers in five different states – Pennsylvania, New Jersey, Delaware, Connecticut and New York.

Marketing 134
article thumbnail

Facebook Hit With Three State Probes Over Privacy Violations

PYMNTS

According to Bloomberg , Attorneys General in Pennsylvania, Illinois and Connecticut are investigating existing allegations against the company, while New York, New Jersey and Massachusetts are looking to find any potential unknown violations. Earlier this week Racine said he believes more states will sue the social media giant.

article thumbnail

Upscale UK Retailers Look To Land In US Market

PYMNTS

In anticipation of the store opening, it will also open a manufacturing plant in Northeast Pennsylvania, with plans of locating its headquarters in that area. Weston said part of Primark’s success has come from social media, according to reports. In the U.K., Wren delivers over 2,000 kitchens a week. And why so ambitious?

Retail 132
article thumbnail

Are New Prepaid Card Regulations Too Much?

PYMNTS

Meanwhile, ING Netherlands announced that its customers would now be able to use the bank’s mobile app to send money via social media. First National Bank of Pennsylvania, the largest subsidiary of F.N.B. The increase in mobile banking usage is also causing companies to rethink their security needs.