Midst heightened regulatory scrutiny over Facebook Inc, the social media giant has dropped to the 23rd spot in Glassdoor’s list of “Best Places to Work” in 2020, down from the seventh spot it secured last year. Employees have given Facebook’s senior leadership as well as its work-life balance a relatively lower rating in Glassdoor; The…
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…
This is SoftBank’s second investment in Mexico after it invested $20 million in Clip, a payments firm. In a development that sees an expansion in SoftBank’s growing portfolio in Latin America, the Japanese conglomerate said, it will be investing in Kavak, a Mexican used car platform. “We are proud to join with and invest in…
Clearly FB is eager to leave behind its scandalous past, especially its relation with Cambridge Analytica, and is eager to portray itself as a more secure platform for consumers. In a significant development, Facebook Inc’s Chief Executive Officer, Mark Zuckerberg defended his decision to encrypt Facebook’s messaging services despite growing concerns on criminal activity and…
Hedera Hashgraph is a distributed public ledger platform that aims to be faster and runs at a larger scale than current blockchain technologies. According to a top official from Hedera Hashgraph, a distributed public ledger platform that aims to be faster and runs at a larger scale than current blockchain technologies, India’s Tata Communications along…
Amazon is being pressured into being more transparent with its system of awarding the “Amazon’s Choice” badge onto certain products. In a development pregnant with multiple outcomes the sum of which may not favor Amazon.com Inc, two U.S. senators have questioned Amazon.com Inc’s Chief Executive Jeff Bezos on how it awards the “Amazon’s Choice” badge…
Salesforce sees synergy in the deal as it would help it accelerate the growth of its Service Cloud platform. On Thursday, U.S. cloud-based service provider Salesforce stated, it has signed an agreement to acquire ClickSoftware, an Israeli software developer, for $1.35 billion in cash and shares. The acquisition of ClickSoftware, which makes cloud-based field service…
In a world first, France is set to emerge as a clear frontrunner in the quest to regulate online hate speech and fake news. In a significant development that marks changes in Facebook’s behavior, the social media giant has agreed to hand over the identification data of French users suspected of hate speech on its…
Serai aims to be the LinkedIn for global trade which links manufacturers to component suppliers. In a significant development, HSBC Holdings Plc is backing the launch of Serai, a Hong Kong-based technology startup that aims to “connect small-and-medium-sized manufacturers with component suppliers in different parts of the world as part of its trade banking push”.…
Among the 8 are Guesty and DayTwo. The Google Startup Growth Lab Programme is essentially a platform which enables startups to expand their reach globally. On Tuesday, Alphabet Inc’s Google stated, it has launched a 4 month program in Israel so that startups can use its expertise and tools to grow globally. Following the completion…
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