[ News ]

[ EU reveals plan to regulate Big Tech ]

Big tech firms face yearly checks on how they are tackling illegal and harmful content under new rules unveiled by the European Commission.
Fresh restrictions are also planned to govern their use of customers' data, and to prevent the firms ranking their own services above competitors' in search results and app stores.
The measures are intended to overhaul how the EU regulates digital...

Posted: 12/15/20 [ Read More... ]

[ U.S. and States Say Facebook Illegally Crushed Competition ]

Regulators are accusing the company of buying up rising rivals to cement its dominance over social media.

WASHINGTON — The Federal Trade Commission and more than 40 states accused Facebook on Wednesday of buying up its rivals to illegally squash competition, and they called for the deals to be unwound, escalating regulators’ battle against the biggest tech companies in a way that could remake the social media industry.

Federal and state regulators of both parties, who have investigated...

Posted: 12/10/20 [ Read More... ]

[ DoorDash races higher in IPO. What four market analysts see ahead ]

DoorDash shares are dashing higher on the company’s first official trading day. The food delivery giant went public to huge fanfare on Wednesday, with its stock surging nearly 86% to close at $189.51 per share.
“Right now, the time is really to invest,” DoorDash CEO Tony Xu told CNBC in an exclusive interview on Wednesday. “We’re playing in one of the biggest yet still most underpenetrated categories in the world.” Here’s what four market analysts, including CNBC’s Jim Cramer, said about DoorDash’s...

Posted: 12/09/20 [ Read More... ]

[ Online sales reach $10.8 billion on Cyber Monday, the biggest U.S. e-commerce day ever, Adobe says ]

Holiday shoppers went online Monday and spent $10.8 billion, setting a record for the largest U.S. internet shopping day ever, according to Adobe Analytics data. Cyber Monday spending rose 15.1% year over year, according to Adobe, which analyzes website transactions from 80 of the top 100 U.S. online retailers. That came in short of Adobe’s original forecast of $12.7 billion. The firm had been revising its Cyber Monday estimate downward in recent days.
Adobe cut its online sales forecast...

Posted: 12/01/20 [ Read More... ]

[ Salesforce deal to buy Slack expected to be announced Tuesday after market close ]

The deal is expected to be about half cash and half stock, the sources said, and will price Slack at a premium. Salesforce is set to report quarterly earnings on Tuesday. Slack’s market cap was more than $24 billion as of Monday morning. Shares of Slack rose about 4% Monday on the news. Salesforce shares were down more than 3%. Talks between the two companies were first reported last week by The Wall Street Journal and confirmed by CNBC, sending...

Posted: 11/30/20 [ Read More... ]

[ What’s Next for Section 230? A Roundup of Proposals ]

Section 230 of the Communications Decency Act has long provided internet platforms like Twitter and Facebook with immunity from claims based on third-party content that appears on their platforms. The statute, codified at 47 U.S.C. § 230, forces individuals unhappy with third-party content to sue the party directly responsible for such content—that is, the user who posted it. This immunity has fostered the free flow of ideas on...

Posted: 10/28/20 [ Read More... ]

[ Shenzhen: inside President Xi’s surveillance city ]

Within living memory Shenzhen was a sleepy fishing village. Now, with Huawei at its heart, it is a digital metropolis that has set alarm bells ringing in America and Europe.

If the past is a foreign country, then the future for China’s Communist Party is the city of Shenzhen.

Hailed by President Xi during a visit this week as a model...

Posted: 10/16/20 [ Read More... ]

[ Covid Pandemic Turns America Into a Nation of Freelancers ]

More than a third of the American workforce did at least some work on the side this year as the Covid-19 pandemic decimated jobs and wages. That translates to 59 million people, or 2 million more than in 2019, according to the Freelance Forward report released Tuesday by Upwork, a firm that helps businesses find labor.
 “There is this really long tail of people who participate a couple of times a month and even...

Posted: 10/05/20 [ Read More... ]

[ In Evolving Consumer Products Space, Data Fills COVID-19 Gap ]

Consumer products companies are increasing their use of data analytics to gain insights that are otherwise hard to obtain in the era of COVID-19.

The global pandemic has upended what many consumer products companies understand about their businesses, customers, risks, and opportunities. As these organizations work to transition to a “next normal” state, the ability to harness data around the rapidly shifting environment has become an important differentiator. Technology to gather and analyze data can help provide insights that...

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[ 11% of Americans have already subscribed to Walmart+ ]

Early September, Walmart announced the launch of Walmart+, a membership program that offers a host of benefits to the company's retail customer base. At $98 per year or $12.95 per month, the service has inevitably been compared to Amazon Prime. A new survey shows that Walmart's new program has hit its mark.

Piplsay Research conducted an online survey of 20,179 Americans earlier this week, which found that 11% of respondents had already subscribed to Walmart+,...

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