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Facebook considers ban on political ads in run-up to US presidential election
Facebook is considering halting political ads on its platform in the days leading up to the US presidential election in November. People familiar with the… Read More »
Facebook issues statement after North Staffordshire man live-streams own death
The company deleted the post 'very soon' after it was posted
After Facebook, Google partners with CBSE to promote online education in India
It will provide a $1 million grant to the Kaivalya Education Foundation through the Global Distance Learning Fund that is part of Google.org, aimed at helping teachers deliver virtual education
Big business and civil rights groups ‘unfriend’ Facebook
Global corporates and civil right activists say Facebook doesn’t do enough to prevent hate speech. An ad boycott has ensued. But can it last?
Qualcomm To Invest $97M In India's Jio Platforms, Joining Facebook, Intel As Stakeholders
QUALCOMM Inc. (NASDAQ: QCOM ) has committed to invest $97.1 million in Indian behemoth Reliance Industries Ltd.'s digital services arm Jio Platforms, the latter announced Sunday. What Happened The investment will give the San Diego, California-based chipmaker 0.15% stake in Jio. The two companies noted the deal would "support [Jio] on its journey to rollout advanced 5G infrastructure and services for Indian customers." "As an enabler and investor with a longstanding presence in India, we look forward … Full story available on Benzinga.com
Govt invites feedback on non-personal data governance draft report
New Delhi: The government has invited feedback from the public on a draft report prepared by an expert panel set up under Infosys co-founder and angel investor Kris Gopalakrishnan to deliberate on framing rules for non-personal data governance. The panel, which was set up in September last, has submitted the draft report to the government now. "The Expert Committee on Non-Personal Data Governance Framework seeks feedback on the report. The feedback will help the committee finalise its report," the consultation floated on MyGov said. The government has fixed August 13 as the last date for submission of the feedback. The panel has been tasked to study various issues relating to non-personal data and to make specific suggestions for consideration of the central government on the regulation of non-personal data. While the Personal Data Protection Bill is still in process, the Gopalakrishnan-led panel in its report has defined non-personal data as information which is not personal as defined in the bill in works.
India seeks to limit Facebook, Google dominance over online data
The document named U.S. giants Facebook Inc., Amazon.com Inc., Uber Technologies Inc. and Alphabet Inc.’s Google as the beneficiaries of first-mover advantages and network effects that have “left many new entrants and start-ups being squeezed and faced with significant entry barriers.”
Aldi shoppers desperate to locate 'impossible to find' £4 product
Customers have flocked to the German supermarket's social media pages, with Facebook and Twitter awash with comments from shoppers
Google tax: India downplays reprisal fears
NEW DELHI: US Trade Representative's retaliatory action against France to counter the impact of equalisation levy on American technology companies hasn't set alarm bells ringing in India, which is also under the scanner for taxing Google, Facebook, Amazon and Netflix.The issue was discussed last week during an interaction with USTR Robert Lightheizer as American authorities had flagged their concerns soon after the levy in its expanded form kicked in earlier this year, sources told TOI. In fact, the US had sought to link the equalisation levy to the limited trade deal, which has been in the works for a year now.Last month, USTR had announced an investigation against several countries including India, the European Union, the UK, Brazil and Indonesia after e-commerce came under the ambit of the tax. Official sources said. New Delhi is hopeful of sorting out the issue with both the commerce and finance ministry engaged in the deliberations.The USTR has announced imposition of 25% duty on specified French products, including cheese and wine for imposing a 3% digital services tax.
Virus finally does what cash ban could not
By Vrishti Beniwal and Suvashree GhoshThe coronavirus outbreak may finally accomplish what India’s shock demonetization four years ago failed to achieve: Use of digital payments is soaring for everything from groceries, electricity bills and cab fares.The value of transactions on the Unified Payments Interface, a platform created by India’s largest banks in 2016, reached an all-time high last month as people feared to handle banknotes amid the pandemic. Electronic fund transfers from banks, which had dropped in April as economic activity slowed almost to a halt, have also rebounded.“People who have never paid a bill online are paying online, people who have never bought groceries online are buying online,” said Nityanand Sharma, chief executive officer of Get Simpl Technologies Pvt Ltd., which allows people to order groceries and food online and pay every two weeks. “What would have taken five years has happened in the last three months.”Prime Minister Narendra Modi’s government has long sought to push digital payments for India, where three in four consumer transactions are handled in cash.
Facebook (FB) earnings: is the stock poised for recovery?
Facebook, Inc. (FB) shares are trading at $146.20, down -3%. The company is announcing its quarterly earnings results on Tuesday after the market close. What's driving Facebook stock price? What's FB stock price forecast?
Snap (SNAP) earnings preview: focus on user and revenue growth
Snap Inc. (SNAP) is expected to report earnings on August 7 after market close. What are SNAP earnings expectations? What news should investors be paying attention to?
Facebook (FB) earnings preview: still no revenue diversification?
Facebook, Inc. (FB) is expected to report earnings on July 25 after market close. What are FB earnings expectations? What news will the market be watching out for?
Alphabet (Google), Apple, Amazon or Facebook: who will win the race?
This past weekend we asked stocks investors on Twitter: which company among the tech giants (Alphabet, Apple, Amazon or Facebook) will outgrowth the competition? We got some pretty insightful responses from our Twitter audience and are sharing with you their growth predictions in this post.
Facebook (FB) earnings expectations: 5 things to watch
Facebook (NASDAQ: FB) is disclosing its earnings results after the close bell today. Investors are wondering what to expect from Facebook earnings.
Alphabet (GOOGL): Why Investors Think This Stock Is A Buy Now
The similarity of Google’s and Facebook's business models, fueled by Facebook’s data leak, resulted in a dip for Alphabet’s stock price. What is the GOOGL price forecast now?
Twitter (TWTR): How Will The Stock Price Move?
Facebook's (NASDAQ: FB) privacy issues have led to Twitter's (NYSE: TWTR) slump of over 10% today. What is the price forecast for TWTR?
Facebook (FB): Should You Buy The Stock Now?
The data incongruity issue has created a pressure on Facebook’s stock performance, which is down 6.79% in yesterday’s trading. Should you buy the stock now?
Snap Inc: Here Is What You Need To Know Prior to Earnings Call Today
Snap Inc. is reporting earnings today after market close. According to Finstead Research, SNAP price target upside is -7.36%. Here is what you need to know about Snap Inc...
FAANG Pullback Inevitable in 2018?
As you're entering 2018, you may be wondering which stocks that you own in your portfolio are bound for a 'correction' in 2018. Here is our take...
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