![]() ![]() ![]() Plus, a bipartisan group of Congress members have introduced a bill that would ban TikTok for all Americans, not just public servants with government devices.Īnd if you watch Netflix using someone else's account, get to binging those shows now. Some in the Biden administration want to force TikTok's owner Beijing based ByteDance to sell the app to a US company. In a small victory for TikTok, South Dakota's Rapid City Council has voted down a proposal that would have banned the app on city devices and networks and prohibited city agencies from using it, but TikTok still faces much bigger challenges in Washington. For example, in 2021, ads made up about 89% of the company's $5 billion in revenue. It's a reversal from 2019 when most political advertisements were banned under then CEO, Jack Dorsey, like many other social media companies, most of Twitter's business comes from advertising. The latest policy change under new owner Elon Musk. Twitter says it'll start letting more political ads on the platform. ![]() Coinbase's chief legal officer told the Wall Street Journal that it's taken "substantial measures to address those historical shortcomings." As part of the settlement Coinbase will also have to invest $50 million into its compliance program over the next two years. ![]() New York State's Department of Financial Services said the crypto exchange made itself vulnerable to be used for criminal conduct, including potentially money laundering. Meta said it disagrees with the ruling and plans to appeal.Ĭoinbase will pay a $50 million penalty to settle accusations that it let customers open accounts without conducting sufficient background checks on them. The ruling delivers one of the blocks biggest blows yet to the digital ad industry. But on Wednesday, a top EU privacy regulator, Ireland's Data Protection Commission ruled Meta can't do that. The company has said its contracts with Facebook and Instagram users let it show personalized ads based on user activities on their platforms. Meta has been fined the equivalent of over $400 million in Europe for violating EU privacy laws. Salesforce stock jumped on news of the cuts, it had fallen almost 46% over the past year. Co-CEO, Marc Benioff said the cuts are a result of customers pulling back on spending and the company's aggressive hiring at the start of the pandemic as revenue surged. The business software provider also plans to reduce its office space in certain markets. Meanwhile, Salesforce is cutting 10% of its nearly 80,000 workers. At the time, a source said the company expected the cuts would affect about 10,000 people. In November, Amazon said it was beginning layoffs among its corporate workforce. In the New Year, we report exclusively that Amazon's job cuts will affect more than 17,000 employees more than the company initially planned and more than any big tech company has revealed in the past year. So for today's show, we invited our Family and Tech Columnist, Julie Jargon, to join us with some tips on how to do just that. If you're working on your New Year's resolutions, you might consider adding one more to the list, decluttering your digital life, all those emails, photos and more could be overwhelming to think about much less tidy up. I'm Julie Chang for the Wall Street Journal filling in for Zoe Thomas. Julie Chang: This is your Tech News Briefing for Thursday, January 5th. This version may not be in its final form and may be updated. This transcript was prepared by a transcription service. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |