The global financial sector is witnessing an ever-growing change shaping Europe’s banking infrastructure into an increasingly competitive market. Open banking proved to people how it can alter financial services to accommodate their needs; all while fostering a continuing digitalization of modern life as Fintech companies set the stage for simplified yet optimized solutions to deliver […]
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The senator leading a probe of Facebook’s Instagram and its impact on young people is asking Facebook CEO Mark Zuckerberg to testify before the panel that has heard far-reaching criticisms from a former employee of the company. Sen. Richard Blumenthal, D-Conn., who heads the Senate Commerce subcommittee on consumer protection, called in a sharply worded […]
Facebook is under renewed scrutiny after the Wall Street Journal published a report on Tuesday revealing that the tech giant’s own research on Instagram has found that the photo-sharing app it also owns, causes major harm to teenage girls. Apparently, Facebook is fully conscious of the harm its causing, but it’s choosing to stay silent. […]
South Korea’s National Assembly approved legislation on Tuesday that bans app store operators such as Google and Apple from forcing developers to use their in-app payment systems. South Korea is reportedly the first country in the world to pass such a bill, which becomes law when it is signed by the president, whose party has […]
Google is going above and beyond to ensure itself as the search engine of choice for all smartphone users, specifically Apple. According to Bernstein analysts, Google has paid about $15 billion to the world’s largest tech company to remain the default for users in the Safari browser. The amount is estimated to grow to about […]
China’s regulatory officials revealed at a state council briefing on Tuesday that the upcoming set of regulations concerning the state’s vital information infrastructure will not be steered towards companies drafting foreign IPOs. While the magnitude of imposed regulations increased in the past couple of months, leading to an elevated reflection on China’s tech industry, the […]
Apple rolled out new features on Thursday, aimed at identifying and reporting child sex abuse material (CSAM) on its platforms. However, the tech giant isn’t receiving the kind of response it expected. The new tools will be introduced with the release of the iOS 15, iPadOS 15, WatchOS 8 and MacOS Monterey software updates. The […]
A senior Federal Trade Commission official is criticizing Facebook’s move to shut down the personal accounts of two academic researchers and terminate their probe into misinformation spread through political ads on the social network. Facebook wrongly used a 2019 data-privacy settlement with the FTC to justify shutting down the New York University researchers’ accounts this […]
Facebook suspended on Tuesday New York University research project’s accounts and prevented access to the social networking platform, successfully halting a study involving the platform’s target on political ads. Damian Collins, a British Conservative Party politician, implicated that Facebook is halting research over the Ad Observer tool that could expose the platform’s hidden agenda concerning […]
Apple unveiled plans to scan U.S. iPhones for images of child sexual abuse, drawing applause from child protection groups but raising concern among some security researchers that the system could be misused, including by governments looking to surveil their citizens. The tool designed to detected known images of child sexual abuse, called “neuralMatch,” will scan […]