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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. which of course is Brexit-ing the EU). Closer to home, of course, antitrust efforts and legal actions against major tech companies are ramping up (and, of course, are not confined to U.S.

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Why AI Is Social Media Fraud’s New Best Friend

PYMNTS

It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia, or to suggest that social media has become marred beyond recognition. Digital Evolution. Fraud Increases. trillion in 2018.

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The Innovative ‘Green Shoots’ Growing Out Of COVID-19’s Scorched Earth

PYMNTS

There is never a good time for the emergence of a global disease, of course, but certain periods are markedly worse than others. An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same. The Holistic Approach.

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Zuckerberg ‘Cooperating’ With FTC In Facebook Antitrust Hearing

PYMNTS

Facebook CEO Mark Zuckerberg testified before the Federal Trade Commission (FTC) as part of the agency’s antitrust investigation into the popular social media giant, CNBC reported. Zuckerberg, for his part, has contended that competition is important to Facebook as it helps the social media company continue to innovate.

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ClassPass CEO: How Digital Platforms Have Innovated Health, Fitness

PYMNTS

Furthermore, consumers are always looking for variety, and for community — something a digital operation like ClassPass can help build in almost a social-media-like way. One can count on more innovation and attempts at disruption in this space well into the 2020s. It’s kind of like a food delivery experience,” he said.

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Apple & Twitter are on a collision course | Sequoia Capital warns today’s downturn is worse than 2000/2008 | Impact of metaverse on digital marketing

Bussman Advisory

Will the metaverse’s impact on digital marketing be equivalent to social media? We offer advisory services for the executive team and in-person or virtual courses with tailored topics. Sequoia Capital warns today’s downturn is worse than 2000 and 2008. Sequoia Capital warns today’s downturn is worse than 2000 and 2008.

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Forget Twitter And Instagram, Big Brands Are Moving To TikTok

PYMNTS

But as of this week, the phrase is getting a modern, digital upgrade thanks to combined efforts of Burger King and Chinese-based short-video social media site TikTok. We are investing in our digital channels and are always looking for innovative ways to engage with guests,” the company said in a statement.

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