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The release of the Federal Reserve's meeting minutes Wednesday will be a focal point this week.
A British Parliament report says Facebook knew about a data breach associated with Cambridge Analytica earlier than the social media giant originally admitted. The finding comes from Parliament's Digital, Culture, Media and Sport Committee.
New Zealand's government has announced plans for a new tax targeting online giants like Google and Facebook that earn plenty of money in the country but pay little tax. Prime Minister Jacinda Ardern said Monday the current tax system isn't fair and there is a gap that needs to be closed.
London-based GoCardless processes direct debit payments on behalf of businesses. The fresh capital will be used to help GoCardless expand its payments product to the U.S. British online payments start-up GoCardless has landed a $75 million investment backed by U.S. tech giants Alphabet GOOGL — the parent company of Google — and Salesforce CRM .
CEO Mark Zuckerberg previously said the company learned of the breach from journalists, but a new report questions that
Inc.’s sudden move to abandon plans for a new campus in New York ends the protests in the city but doesn’t remove the national scrutiny being placed on the company, according to corporate reputation and management experts. “There are two very energetic forms of populism in the U.S. right now, one on the left and one on the right, and neither likes Amazon that much,” said Brayden King, professor of management at Northwestern University’s Kellogg School of Management. In the short term, experts said, Amazon likely would see little impact to its sales.
Retailers across China are slashing prices of the iPhone. Sales of Apple's flagship product are down nearly 20 percent in China, according to research firm IDC. Comparable phones in China retail for far less than the price of an iPhoneRetailers across China are slashing prices of the iPhone .
Facebook and other big tech companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users' data and the bullying of smaller firms, British lawmakers said on Monday. In a damning report that singled out Facebook chief executive Mark Zuckerberg for what it said was a failure of leadership and personal responsibility, the UK parliament's Digital, Culture, Media and Sport Committee said the companies had proved ineffective in stopping harmful content and disinformation on their platforms. "The guiding principle of the 'move fast and break things' culture often seems to be that it is better to apologise than ask permission," committee chairman Damian Collins said.
PayPal and Venmo are both great services depending on what the customer wants. Here are the differences between the two popular money apps.
British lawmakers issued a scathing report Monday that accused Facebook of intentionally violating privacy and anti-competition laws in the U.K., and called for greater oversight of social media companies. The report on fake news and disinformation on social media sites followed an 18-month investigation. The parliamentary committee that prepared the report says social media sites should have to follow a mandatory code of ethics overseen by an independent regulator to better control harmful or illegal content.
The report urged a compulsory code of ethics for technology companies to deal with harmful or illegal content on their sites. Large sections of the report were devoted to criticism of Facebook, which it said had intentionally and knowingly violated both privacy and anticompetition laws in how it handled user data and tried to stifle competitors. It follows a monthslong inquiry into tech companies and issues of privacy, misinformation and the power of their platforms in the wake of the scandal involving the data-analytics firm Cambridge Analytica’s access to Facebook users’ information.
Facebook and other big tech companies should be subject to a compulsory code of ethics to tackle the spread of fake news, the abuse of users' data and the bullying of smaller firms, British lawmakers said on Monday. In a damning report that singled out Facebook chief executive Mark Zuckerberg for what it said was a failure of leadership and personal responsibility, the UK parliament's Digital, Culture, Media and Sport Committee said the companies had proved ineffective in stopping harmful content and disinformation on their platforms. "The guiding principle of the 'move fast and break things' culture often seems to be that it is better to apologize than ask permission," committee chairman Damian Collins said.
Damian Collins, the policy maker who spearheaded the inquiry, called for Parliament to create new laws to help a proposed regulator oversee the industry, with fines for companies to be calculated based on their revenue. “Companies like Facebook exercise massive market power which enables them to make money by bullying the smaller technology companies and developers who rely on this platform to reach their customers,” Collins said in a statement Monday.
Many tech companies pay stock dividends to their shareholders, but the parent company of Google isn't one of them—despite pressure from investors.
Microsoft, Cisco and Walmart hit buy zones Friday. But the Dow Jones stocks share some flaws. Walmart earnings are due Tuesday.
, shaming the company for pulling out of a plan to build another headquarters in Long Island City. "This is an example of an abuse corporate power -- they had an agreement with the people of New York City," said de Blasio during an interview on NBC News' Meet the Press Sunday.
After years without a challenge, the company is seeing its graphic processors meet a new wave of competition. That could spell bad news for investors.
CNBC caught up with Washington Wizards owner Ted Leonsis ahead of the NBA's All-Star weekend to talk basketball, leadership, even Amazon.