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FTC: Facebook Lied To Customers About Facial Recognition, Phone Number Usage

FTC: Facebook Lied To Customers About Facial Recognition, Phone Number Usage
FTC: Facebook Lied To Customers About Facial Recognition, Phone Number Usage
July 23, 2019  |  Security & Fraud

The Washington Post is reporting that as part of a milestone settlement against Facebook, the Federal Trade Commission (FTC) is going to say that Facebook...

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SoftBank To Unveil New Vision Fund To Boost Global Tech Investments
SoftBank To Unveil New Vision Fund To Boost Global Tech Investments
July 23, 2019  |  Investments

Japan’s SoftBank is going to launch a second investment vehicle based on its mega popular $100 billion Vision Fund, according to a report by The...

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Pro-Pot SAFE Banking Act Hits Roadblock In US Senate
Pro-Pot SAFE Banking Act Hits Roadblock In US Senate
July 23, 2019  |  Bank Regulation

Among the main stories in payments in recent months has been the increasing push to reform federal banking laws so that legal cannabis retailers can...

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DOJ Launches Antitrust Probe Of Big Tech Firms
DOJ Launches Antitrust Probe Of Big Tech Firms
July 23, 2019  |  Regulation

The Justice Department (DOJ) is going to open a new, separate investigation into the potential antitrust activities of tech companies, compounding troubles for companies like...

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New Mobile Healthcare Efforts Point To Wider Payment Trends
New Mobile Healthcare Efforts Point To Wider Payment Trends
July 23, 2019  |  Healthcare

Slowly but steadily, healthcare is becoming more mobile about payments, and that trend – a very long time in coming – appears to have picked...

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Home Services, Served by (Lots Of) Capital
Home Services, Served by (Lots Of) Capital
July 23, 2019  |  Investments

Home services may be the next frontier in real estate — and possibly, a bit less dependent on new transactions. Get the Full Story Complete...

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Thumbtack Closes $150M Funding Round To Grow Services Marketplace
Thumbtack Closes $150M Funding Round To Grow Services Marketplace
July 23, 2019  |  Investments

Thumbtack, a local services marketplace that matches consumers with professionals like plumbers and yoga teachers, has raised $150 million in a funding round and has...

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FDA Warns Curaleaf About Unproven CBD Health Claims 
FDA Warns Curaleaf About Unproven CBD Health Claims 
July 23, 2019  |  Regulation

The Food and Drug Administration (FDA) has written a letter to Curaleaf regarding its alleged illegal selling of CBD products and its use of “unsubstantiated...

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PayPal Sets Up India Tech Center For Data Localization
PayPal Sets Up India Tech Center For Data Localization
July 23, 2019  |  International

Following mandates by the Reserve Bank of India (RBI), PayPal is opening a tech center in Hyderabad to ensure all data is stored exclusively on...

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