While Musk’s last Tuesday’s tweets must have given a series of palpitations to those who were betting against Tesla’s stock, while many investors believed it to be a prank which is in line with the Tesla brand, SEC lawyers aren’t amused since these could potentially trigger non-compliance of disclosures. Elon Musk’s proposal to take Tesla…
Facebook is exploring ways to tap blockchain technology across apps on its platform. In one of the biggest management shakeups in the history of Facebook Inc, its CEO Mark Zuckerberg ordered one of its biggest management overhauls and handed over more responsibility to its chief product officer. Facebook also announced the launch of a blockchain…
In a welcome move, the EU’s Social Media Working Group will formulate a long term strategy to deal with the protection of personal data harvested from social networks. Following the reporting of Facebook Inc’s fiasco in the way personal data of 87 million of its users were harvested for economic or political purposes, privacy watchdogs…
The misuse of Facebook data by consultancy firm Cambridge Analytica affected more than 50 million users. With Facebook Inc’s data being misused by consultancy firm Cambridge Analytica, affecting more than 50 million users, executives from IBM and Apple Inc have called for more oversight on how personal data is being used. Speaking at the 3-day…
It is very likely that the way social media giants, including Facebook, collect and use user data is going to be scrutinized under a microscope. British privacy regulators are now zeroing in on the offices of the political consultancy Cambridge Analytica with a search warrant following reports that the company may have improperly gained access…
In the first of its kind Seattle’s election authority has pulled up tech firms, under a 1977 law that requires companies, that sell election advertising, to maintain and make public records showing the names of those who bought the advertisement space, the quantum of the payments as well as the “exact nature and extent of…
Germany’s domestic intelligence agency has warned public officials on the risks of exposure while using social media. A wake up call. In a turn of events which underscores how social media is being increasingly weaponized by countries such as Russia and China, Germany’s intelligence service has published details of social network profiles which, it says,…
The strategic shift to harness social media in delivering news has attracted younger viewers who watch it at least thrice a week. In a significant development that underscores a potential strategic shift in CNN’s approach to delivering news, on Monday it began streaming “The Update”, a daily show on Snapchat. Each episodes features at least…
Spark is being seen as a cross between Pinterest and Instagram with a bent for e-commerce. In a significant development, Amazon.com has forayed into the social media with the launch of Spark, a platform currently available only to Prime members, wherein they can upload photos and videos much like other popular social media platforms, including…
Here is what Tim Cook told MIT graduates regarding AI & robotics. While addressing thousands of students at MIT’s campus in Cambridge, Massachusetts, Tim Cook, Apple’s CEO urged graduates to infuse human elements in the field of robotics and artificial intelligence. “I’m not worried about artificial intelligence giving computers the ability to think like humans,”…
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