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Twitter Faces Up To $250M FTC Fine Over Allegedly Using Private Data For Targeted Advertising
2020 Aug 03, 11:01pm | 428Read More...Twitter Inc (NYSE: TWTR) revealed Monday the United States Federal Trade Commission could impose a fine of up to $250 million on the social media company for allegedly using private user information for targeted advertising. Twitter Violated User Privacy, Complaint Says The Jack Dorsey-...
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Microsoft's Interest In Buying TikTok Is A 'Deal Of A Decade Opportunity'
2020 Aug 03, 1:00pm | 438Read More...Microsoft Corporation (NASDAQ: MSFT) is in talks to acquire TikTok's operations outside of China. Microsoft Can Get A Good Deal: TikTok's Chinese parent company ByteDance is "looking down a dark black hole" as U.S. President Donald Trump could ban the TikTok app amid national...
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Microsoft Says Looking To Wrap Up TikTok Purchase Talks By Sept. 15, After CEO's Conversation With Trump
2020 Aug 02, 9:42pm | 357Read More...Microsoft Inc. (NASDAQ: MSFT) announced Sunday it was prepared to continue discussions on the purchase of the short-form video app TikTok. What Happened The company's CEO Satya Nadella had a conversation with President Donald Trump and is “prepared to continue discussions to explore...
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Will Cannabis Entrepreneurs Switch To Psychedelics?
2020 Aug 01, 10:33am | 804Read More...The psychedelics space is heating up, and major players have taken notice. The market is bolstered by a growing number of decriminalization movements across the United States, as well as an increasing number of market participants, including names like Champignon Brands (CSE: SHRM), Hollister...
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TikTok Is On The Clock As Trump Threatens Ban, Microsoft Mulls Acquisition
2020 Aug 01, 7:48am | 340Read More...TikTok, the popular social media video app with more than 500 million worldwide users, is caught in a political and technological crossfire. What Happened: On July 7, Secretary of State Mike Pompeo told Fox News the U.S. is “looking at” banning TikTok and other Chinese social media apps...
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Facebook, Google Will Need To Pay Australian Media For News Content, Or Risk Facing Hefty Fines Under New Law
2020 Jul 31, 5:06am | 436Read More...Tech giants like Facebook Inc (NASDAQ: FB) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google will have to pay for news content generated by Australian media, Bloomberg reported Friday. What Happened Australia has unveiled a draft law, open to consultation until Aug 28, which will...
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Apple Under Multi-State Bipartisan Probe Over Alleged Slowing Down Of Older iPhones: Report
2020 Jul 30, 1:27am | 327Read More...Apple Inc. (NASDAQ: AAPL) is under investigation from multiple states led by Arizona over the sluggish performance of older model iPhones, Reuters reported Wednesday. What Happened: The investigation, dating back to 2018, revolves around iPhones experiencing “unexpected shutdowns”...
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Apple Offered Amazon Steep Discounts On App Store Fee To Lure Its Video Streaming App
2020 Jul 29, 11:50pm | 589Read More...Apple Inc. (NASDAQ: AAPL) offered fellow technology giant Amazon.com, Inc (NASDAQ: AMZN) a 50% lower cut on the subscription revenues from the latter's streaming video-on-demand app over what it charges other third-party developers. What Happened A correspondence between...
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CEOs Of Amazon, Apple, Facebook And Google Defend Companies During Congressional Antitrust Testimony
2020 Jul 29, 5:05pm | 620Read More...CEOs from major U.S. tech companies, including Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Facebook, Inc. (NASDAQ: FB) and Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) testified in Washington, D.C. -- albeit from remote locations -- in front of the House Antitrust...
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Mixed View: Fed Keeps Rates Unchanged As Powell Suggests Reasons For Hope, Warning Signs
2020 Jul 29, 4:16pm | 2256Read More...No rate change, but you probably already expected that. What wasn’t as widely expected from today’s Fed meeting conclusion was a bit more of an optimistic tone in the Fed’s statement, which seems to be giving stocks a little boost here in the late going of Wednesday’s...
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New Poll Bodes Well For Biden, Marijuana Legalization In New Jersey
2020 Jul 29, 7:50am | 690Read More...New Jersey voters across the political spectrum strongly support the legalization of cannabis and former Vice President Joe Biden for the November ballot. That's according to a new poll from law firm Brach Eichler LLC that surveyed some 500 registered voters in the Garden State....
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Tesla Under Probe In South Korea For Supposed Issues With Autopilot, Other Braking, Steering Systems
2020 Jul 29, 4:03am | 316Read More...South Korean authorities have launched a safety probe into Tesla Inc.'s (NASDAQ: TSLA) vehicles, Reuters reported Wednesday. What Happened: The country's transport ministry said the investigation is related to the automaker's braking and steering systems, including the Autopilot...
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Cannabis Regulatory Changes Are A Key Stock Catalyst, Analyst Says
2020 Jul 28, 1:20pm | 370Read More...Cantor FItzgerald has highlighted several key factors in the year ahead for the THC and CBD markets. Pablo Zuanic, a research analyst with the firm, explained that state-level efforts should lead to further adult use and medical reform. He also posits that legislative action will put pressure...
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Trump Administration's Battle To Erode Social Media Immunity Reaches FCC Doorstep
2020 Jul 28, 4:08am | 360Read More...President Donald Trump’s administration asked the United States Federal Communications Commission on Monday to change its interpretation of a law that grants immunity to social media platforms from lawsuits arising out of third-party content, Reuters reported. What Happened The National...
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Facebook Asks Court To Intervene In EU Antitrust Probe Over Violation Of Employee Privacy: FT
2020 Jul 27, 11:10pm | 450Read More...Facebook Inc. (NASDAQ: FB) is asking the General Court in Luxembourg to intervene in the European Union's antitrust investigation against the company on grounds of violating the privacy of its employees, according to a Financial Times report Monday. What Happened The EU requested...
