In a statement, the European Commission said, it is investigating how Facebook collects and monetizes its data. The development signals the opening of a second front, on top of an existing investigation, into Facebook’s marketplace. As part of preliminary investigations into both Facebook and Google, the EU executive said, it had sent out questionnaires to…
In a statement tech giant Microsoft Corp said, its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million in July 2019. Microsoft offers Teams as part of some Office365 business packages; it also offers a free version. Teams allows users to chat, share files, make calls and hold…
Italy plans on levying a 3% tax on all internet transactions from 2020. In a significant development of widespread ramifications, the Italian government has approved a new tax on digital companies, including U.S. tech giants, as part of its 2020 draft budget. The move could potentially draw threats of retaliation from the United States. The…
The issue has been rectified as of September 17. In yet another instance that highlights the growing breach of privacy by social media sites, Twitter Inc has disclosed that email addresses and phone numbers uploaded by users “to meet security requirements may have been ‘inadvertently’ used for advertising purposes”. The issue was rectified by September…
U.S. tech giants such as Google, Amazon and Facebook routinely generate huge profits from digital services in countries but route the profits through low-tax countries, such as Ireland and Luxembourg, in order to lower their tax profile in the country from which they had generated their revenues. France’s proposal to rectify this anomaly had unnerved…
Following Twitter and Facebook taking action against Chinese state-backed efforts aimed at discrediting the Hong Kong protests, YouTube has followed on their footsteps. Following Twitter and Facebook dismantling influence campaigns originating from mainland China aimed at disrupting the ongoing Hong Kong protests, Alphabet Inc’s Google also said, its YouTube video streaming service has disabled 210…
While the Chinese government wants to promote its views on western social media platforms, it has blocked its citizens from accessing Twitter and Facebook in the mainland. On Tuesday, following Facebook and Twitter dismantling China’s state-backed campaign to malign and undermine concerns raised by the citizens of Hong Kong, China said it had a right…
It aims to funnel the proceeds into AR, media content as well as acquisitions. In a significant development, Snap Inc disclosed it will raise $1 billion in short-term debt. It plans to invest the proceeds in augmented reality features, media content or could also channel it for making acquisitions. Following a rough 2018, Snap, the…
Amazon has come under scrutiny over its dual role as a marketplace for merchants as well as their competitor. In a significant development, antitrust regulators in the European Union are increasing their scrutiny on Amazon over its usage of merchants’ data. The development underscores increasing regulatory scrutiny over how tech companies exploit customers’ information. Facebook,…
Facebook was fined since it had presented incorrect data on its transporency report on illegal content on its social media platform. In a significant development, German authorities have fined levied a fine of $2.26 million (2 million euros) on Facebook for providing a “distorted picture of the amount of illegal content on the social media…
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