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OCTOBER 4, 2020

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. He said it was a natural extension of its global social media business and not an attempt to remove a potential competitor from the marketplace. “It

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NOVEMBER 19, 2020

Facebook could soon be staring down a lawsuit as the Federal Trade Commission and numerous states attorneys general finish up one or more antitrust cases against the social media giant, Reuters reports. Also, the lawsuits are likely to allege that Facebook withheld data from rival companies as a method to crush competition.

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PYMNTS

DECEMBER 5, 2018

In fact, the company, which launched in 2014 and is based in Washington, D.C., is the only social fundraising platform with hashtag-to-donate technology on both Facebook and Twitter. Think about it: A person who makes a donation in the public sphere of social media might encourage others to do the same. Portable Hashtag.

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Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

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PYMNTS

JULY 13, 2020

Ponle, according to the complaint, wasn’t that concerned with covering his tracks — he reportedly used the same address on the Bitcoin network since 2014. They reportedly transferred $6.5 million into 1,500 BTC, Cointelegraph wrote. But the two likely needed a U.S.-based

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PYMNTS

DECEMBER 11, 2020

Sheryl Sandberg, chief operations officer of Facebook, is pushing back against two antitrust lawsuits filed against the social media giant, CNBC reported on Friday (Dec. The lawsuits filed this week could break up Facebook’s ownership of Instagram, acquired in 2012, and WhatsApp, snapped up in 2014.

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OCTOBER 25, 2018

after the Information Commissioner’s Office ( ICO ) ruled that the social media network operator was engaged in “serious breaches of data protection.” The data, which was processed from 2007 through 2014, was accessible to developers of third-party vendors without the Facebook users providing consent.

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PYMNTS

NOVEMBER 28, 2018

The news is a departure from Chief Executive Mark Zuckerberg’s previous declaration that the social media site simply doesn’t sell data. The emails — which span 2012 to 2014 — are from a lawsuit against Facebook filed by Six4Three LLC, the developer of a now-defunct app.

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PYMNTS

SEPTEMBER 17, 2019

The most common association with the term “social credit score” is with China. Since roughly 2014, the Chinese government has been working on the system, which is designed to be a “method to perfect the socialist market economy system, accelerating and innovating social governance,” according to a State Council notice from 2014.

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Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

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PYMNTS

JANUARY 29, 2020

Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. 29), and reported that total costs and expenses hit some $46.71 billion, up 27 percent year over year.

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MAY 6, 2020

It also works with smaller operations, including social media influencers. Ninja Van, formed in 2014, derived its name from the idea of “working quietly to get things done,” according to founder Lai Chang Wen. The round was backed by France’s GeoPost SA and ride-hailing company Grab.

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JUNE 1, 2018

teens ages 13 to 17 say they use Facebook — a decline from the Center’s last survey of teen social media use in 2014-2015. And while parents worry about the impact social media has on their children, 45 percent of teens believe social media has a neither positive nor negative effect on kids their age.

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PYMNTS

NOVEMBER 19, 2018

Facebook, the leading social media company, is facing pressure after The New York Times issued a damaging report, with the stock falling close to 5 percent during intraday trading Monday (Nov. consulting firm, to create opposition research on critics of the company.

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Independent Banker

OCTOBER 14, 2014

A status update on banks and social media. According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. .* 140-word summary of the social media guidance.

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PYMNTS

DECEMBER 9, 2020

9), accusing the social media network of “illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct,” according to a press release. The Federal Trade Commission (FTC) and 48 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec.

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PYMNTS

AUGUST 13, 2019

In 2012, Facebook bought Instagram, and in 2014 it bought messaging service WhatsApp, and the FTC approved both acquisitions. In July, the FTC announced a broad probe into Facebook that would include looking into social media, mobile applications and digital advertising practices.

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AUGUST 20, 2019

The FTC has been investigating the social media company for possible antitrust transgressions, and Simons said that every potential option was out in the open, even while admitting that if CEO Mark Zuckerberg combined the three properties it would make the case harder to deal with. “If

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Celent Banking

OCTOBER 15, 2014

In our resulting report, “Customer Analytics Adoption in Banking: When Management Doesn’t Lead” (September 2014), we noted that about half of the financial institutions in the sample had some experience with data analytics. Source: Celent survey of North American financial institutions, July 2014, n=78. Lack of Leadership.

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PYMNTS

DECEMBER 8, 2019

Social media giant Facebook is selling Oculus Medium, its virtual reality sculpting tool, to Adobe , reports revealed on Saturday (Dec. Facebook bought the tech and VR firm for $2 billion in 2014 and launched Medium two years later. Oculus Medium is an immersive 3D sculpting tool used in filmmaking and video games.

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PYMNTS

DECEMBER 8, 2016

The country had a mobile penetration rate of 148 percent in 2014. Currently, about 30 percent of all online sales in Southeast Asia in 2016 occurred through social networks, like Facebook, Instagram and Line (Naver Corp.’s Additionally, 80 percent of shoppers in Southeast Asia used social media to research items and contact sellers.

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MAY 4, 2020

billion Jio investment, which gave the social media giant an almost 10 percent stake in Jio, which is a subsidiary of Reliance Industries. went public in 2014. The deal follows Facebook’s recent $5.7 With the Silver Lake investment, Jio’s valuation hit $65 billion, 12.5 In March, the company was the lead investor in a $2.25

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Celent Banking

MAY 19, 2017

Celent's Insurance practice has been at the forefront of IoT research since 2014 and has published many insightful reports. ordering something directly from a social media platform rather than a merchant’s site). At first glance, IoT’s impact on banking is less obvious.

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APRIL 22, 2020

billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio , giving the social media giant a larger foothold in the region. . Back in 2014, Facebook had acquired Bengaluru-based Little Eye Labs in a $10-15 million deal. Facebook closed a $5.7

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PYMNTS

AUGUST 8, 2017

While not a social media network, Sansan does promote connectivity between businesses and professionals. A 2014 study from best practice insights and technology company CEB found small businesses may not be using social media enough to interact with business partners.

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MAY 11, 2020

Stores sell books online using Bookshop by sharing their designated link on social media, email newsletters or their websites. was born in 2014 after its founders, Mark Pearson, Carl Hartung and Nick Johnson, met at a Seattle book shop to bemoan the lack of independent options.

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PYMNTS

DECEMBER 3, 2020

The social media giant is also the world’s biggest virtual reality hardware maker, due to its 2014 acquisition of Oculus for $2 billion. Bloomberg reported Thursday (Dec. 3) that virtual reality startups are accusing Facebook of muscling out the competition in that up-and-coming technology.

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Bank Innovation

APRIL 18, 2018

Launched back in 2014, […]. EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. This year, we look at revenues.”

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PYMNTS

MARCH 14, 2016

Brands are focused on creating beautiful content that’s valuable to consumers, but most of it now is lost in our long social media feeds, alongside posts of cats and family updates,” Mark Alhermizi, Tagly’s founder and CEO, told TechCrunch.

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PYMNTS

DECEMBER 6, 2018

Reuters , citing documents released by British lawmakers, reported that between 2012 and 2015 executives at the social media network operator — including chief executive Mark Zuckerberg — tracked how competitors were growing and then denied some access to user data that was available to other companies.

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PYMNTS

DECEMBER 9, 2019

EU officials accused Facebook of misleading them when the social media giant acquired WhatsApp in 2014 and changed its data-handling policy. Antitrust regulators “are paranoid about it at the moment because they are concerned they have not looked at these mergers enough in the past, like Facebook-WhatsApp.”.

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PYMNTS

DECEMBER 19, 2019

The tech companies cited included social media giant Tencent , Sina Corp., In 2014, Sina lost its license after facing charges of allowing lewd video content to be posted. Sohu.com Ltd. and Xiaomi Corp.

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PYMNTS

MAY 8, 2019

The social media giant will reportedly test the new project in India first, and it could eventually allow people to transfer money through WhatsApp. Marcus first joined Facebook in 2014 as the head of Messenger, and he led early attempts at monetization within the app.

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PYMNTS

MARCH 7, 2016

Snapchat’s inability to raise funds at a higher valuation than a year ago, as WSJ goes on to point out, may be an indicator that Wall Street investors have grown cautious about the social media platform’s trajectory. But Snapchat isn’t alone in this stagnation. Snapchat has raised more than $1.2 and Alibaba Group Holding Ltd.

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PYMNTS

SEPTEMBER 12, 2016

There’s been a slow, steady drumbeat toward the movement for years, but ModCloth , the San Francisco-based vintage women’s clothing eTailer, prominently brought the issue back into the spotlight in 2014 when it signed a pledge that it would no longer make any post-production changes to any of its models or images.

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PYMNTS

AUGUST 10, 2018

Inspired by the proliferation of social media selfies and beauty bloggers, the social media giant and L’Oréal agreed to begin testing a new augmented reality technology that lets customers visualize how they look with different makeup, including lipstick, eye shadow and other products.

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Bank Innovation

FEBRUARY 3, 2017

It was his first trip back since 2014, when he hosted a Shark Tank-style event for university students. Kevin O’Leary of Shark Tank, the favorite TV show of entrepreneurs everywhere, made a return visit to Notre Dame University in South Bend, Ind., in January. This year he was treated to a surprise: Read More.

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