Tiktok expands hate speech policy as watchdog launches crackdown October 21, 2020 Tiktok has vowed to do more to remove harmful content as the media watchdog launches a crackdown on video-sharing platforms. In a blog post published today, the viral video app said it was expanding its policy to take into account coded language and symbols used to spread hateful ideologies. Tiktok already removes content related to [...]
Google hits back at ‘deeply flawed’ US Justice Department lawsuit October 20, 2020 Google has hit back at a major antitrust lawsuit filed by the US Justice Department, branding it “deeply flawed” and warning that consumers would be negatively affected if the government wins its case. US officials today filed a lawsuit against the tech giant accusing it of breaking the law by using its market power to [...]
Netflix earnings: Is the streamer’s pandemic party coming to an end? October 20, 2020 Netflix will be in the spotlight after the bell this evening as it publishes its earnings for the third quarter. The streaming giant has had a bumper 2020 so far as millions of people have turned to home entertainment during the coronavirus pandemic. But as competition from rivals heats up and the impact of halted [...]
Linkedin launches Stories feature in bid to lure in brands October 20, 2020 Linkedin has become the latest social media platform to roll out a Stories feature as it looks to bolster its offering for brands. The professional networking site has rolled out a new function that will allow users to publish photos and videos up to 20 seconds long using the mobile app. The company said the [...]
Monzo launches Premium account as it expands fee-paying services October 20, 2020 Monzo has today launched its premium service which comes with phone and travel insurance as it works to convince more customers to pay for its services. The premium card builds on Monzo Plus, the fintech’s £5 per month product it launched in July. Chief product officer Mike Hudack told City PM: “Monzo Plus gives us [...]
Zoom and Instagram brand values jump as tech firms get Covid-19 boost October 20, 2020 Zoom, Instagram and Youtube have all swept into the rankings of the world’s 100 most valuable brands for the first time this year as the pandemic sparked a major boost for tech companies. Social media and streaming companies have enjoyed booming demand as millions of people have been forced to stay at home during the [...]
Russia on cyber offensive to sabotage Olympic Games in Tokyo October 19, 2020 Dominic Raab today said there have already been attempts by Russian military intelligence to disrupt the 2020 Olympic Games in Tokyo with malicious cyberattacks.
More important for US to be right than first on digital currency, says Fed’s Powell October 19, 2020 It is more important for the US to get the development of a cross-border digital currency (CBDC) right than to be first, Federal Reserve chair Jerome Powell said. Speaking to a panel discussion hosted by the International Monetary Fund, Powell said it was vital for the Fed to assess the impact of such a currency [...]
EU opens probe into Instagram over exposure of children’s data October 19, 2020 The EU has launched an investigation into Instagram over its handling of children’s data following accusations the platform exposed the contact details of millions of under-18s. The Irish Data Protection Commission (DPC) today said it was opening two probes into Facebook, which owns Instagram, over claims that users’ phone numbers and email addresses were made [...]
UK watchdog ramps up pressure on tech giants as it sets one-year ultimatum October 19, 2020 The UK competition watchdog has urged the government to step up plans for a new digital regulator as it warned it is preparing to take action against tech giants such as Facebook and Google. Andrea Coscelli, chief executive of the Competition and Markets Authority (CMA), said his organisation was “actively considering” potential enforcement cases in [...]
