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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

As reported, the social media giant was hacked through a vulnerability in the Facebook source code, which gave the attackers the ability to steal access tokens, which they in turn used to keep Facebook subscribers logged in. The one million euros will be spent through 2019, according to reports. As has been reported, the U.S.

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Estee Lauder Closes BECCA Acquisition

PYMNTS

BECCA traces its genesis back to 2001, and Forbes stated that the firm could earn as much as $80 million this year alone. The focus for BECCA is on women of color and has a presence on social media through widely followed individuals including Jaclyn Hill.

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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

Reports emerged this week that Apple has begun the process of scrubbing the social sphere of all trace of iTunes. So far, all of the social media content from Facebook and Instagram pages has disappeared, though its Twitter account still has content for the time being. In May, the company raised $500 million in venture funding.

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Newegg Masters The Art Of The Pivot

PYMNTS

After coming out of the post-internet bubble economy of 2001 as a force in the consumer electronics category, it eventually supplemented that business with computer parts and accessories, catering to the DIY tech crowd. It functions as both an omnichannel contact center solution for suppliers as well as a social media monitoring service.

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Why The Sweet Smell Of Tech Success Can Be Rife With Failure

PYMNTS

In 2001, at the COMDEX Fall computer show, Microsoft ’s then-CEO Bill Gates introduced to the world to the Microsoft Tablet PC. Microsoft was incredibly confident in the product, as were many big names in the early 2000s market: Acer, Compaq, Fujitsu and Toshiba all promised to put out versions of the Microsoft Tablet PC by 2002.

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In Praise Of The Selfie And The Commerce It Drives

PYMNTS

Now let’s do a match cut to outer space — like that famous early shot of the bone being tossed in “ 2001: A Space Odyssey ” — where, during the Gemini 12 mission in 1966, U.S. astronaut and still-living tough guy Buzz Aldrin took his own self-portrait.

National 130
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. We knew there was tremendous hubris in the subprime market. High-tech employment fell from 12.1

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