The team at Facebook is not having a great week, as it seems all of its recent data scandal chickens have come home to roost. Last Wednesday, its market cap took a $120 billion beating in the aftermath of earnings that fell short of revenue and earnings targets. Analysts say this is the...
A bit more than two months in, GDPR (shorthand for General Data Protection Regulation) is having an impact. Not surprising, as borne out by some (very) early numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
International Business Machines was awarded an $83 million judgment in a patent court case lodged against daily deal website operator Groupon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The U.K. watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade through the new landscape, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
The European Commission announced on Tuesday (July 24) that it fined, in four separate decisions, consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer for breaching EU competition rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In the regulatory realm (for Google, at least), call it a case of adding insult to inquiry. A bit of pun there, but the Federal Trade Commission (FTC) — in the wake of the $5 billion fine via the European Union (EU), centered on the Android...
The U.S. Chamber of Commerce is demanding clearer regulations for cryptocurrencies and any activities related to them, including initial coin offerings (ICOs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Raising capital could become easier for businesses, especially smaller firms, under legislation that easily made it through the U.S. House of Representatives this week. But the prospects for passage appear murkier in the Senate. Get the Full Story Complete the form to unlock this article...
President Donald Trump’s pick to lead the Consumer Financial Protection Bureau (CFPB) held her own during intense questioning by Democratic Senators on Thursday (July 19). According to Reuters, Kathy Kraninger seems to be on track to secure a confirmation vote that could come this month....
