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Elon Musk promises ‘battle in court’ over EU’s crackdown on X’s blue checks
Regulators’ findings suggest social network breached Digital Services Act and could be fined 6% of global turnover Elon Musk’s X has been warned by the EU it potentially faces large fines after regulators said its blue-tick system for users is deceptive and in breach of its landmark social media rules. Musk responded with “We look…
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Elon Musk promises ‘battle in court’ over EU’s crackdown on X’s blue checks
Regulators’ findings suggest social network breached Digital Services Act and could be fined 6% of global turnover Elon Musk’s X has been warned by the EU it potentially faces large fines after regulators said its blue-tick system for users is deceptive and in breach of its landmark social media rules. Musk responded with “We look…
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Elon Musk promises ‘battle in court’ over EU’s crackdown on X’s blue checks
Regulators’ findings suggest social network breached Digital Services Act and could be fined 6% of global turnover Elon Musk’s X has been warned by the EU it potentially faces large fines after regulators said its blue-tick system for users is deceptive and in breach of its landmark social media rules. Musk responded with “We look…
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Elon Musk promises ‘battle in court’ over EU’s crackdown on X’s blue checks
Regulators’ findings suggest social network breached Digital Services Act and could be fined 6% of global turnover Elon Musk’s X has been warned by the EU it potentially faces large fines after regulators said its blue-tick system for users is deceptive and in breach of its landmark social media rules. Musk responded with “We look…
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Elon Musk promises ‘battle in court’ over EU’s crackdown on X’s blue checks
Regulators’ findings suggest social network breached Digital Services Act and could be fined 6% of global turnover Elon Musk’s X has been warned by the EU it potentially faces large fines after regulators said its blue-tick system for users is deceptive and in breach of its landmark social media rules. Musk responded with “We look…
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Wells Fargo invests in branch tech
Wells Fargo is improving its customer experience with investments in branch technology and enhanced self-service options. “We continue to optimize and invest in our branch network,” Wells Fargo Chief Executive Charlie Scharf said during today’s second-quarter earnings call. “We are accelerating our efforts to refurbish our branches, completing 296 during the first half of…
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EU warns X it may face fines for ‘deceptive’ blue-tick system
Preliminary findings suggest platform breached Digital Services Act and could be fined 6% of global turnover Elon Musk’s X has been warned by the EU it potentially faces large fines after regulators said its blue-tick system for users is deceptive and in breach of its landmark social media rules. Announcing preliminary findings from an investigation,…
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JPMorgan reduces loan processing errors, delays with STP
JPMorganChase has achieved straight-through processing to share loan data and improve efficiencies, reduce errors and delays in loan processing. Straight-through processing (STP) allows JPMorgan to digitize all information flowed on Versana, a syndicated loan platform, ranging from emails to faxes. This gives stakeholders access to the information, reduces human error and saves resources, Joseph Ferraiolo, head…
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EU warns X it may face fines for ‘deceptive’ blue-tick system
Preliminary findings suggest platform breached Digital Services Act and could be fined 6% of global turnover Elon Musk’s X has been warned by the EU it potentially faces large fines after regulators said its blue-tick system for users is deceptive and in breach of its landmark social media rules. Announcing preliminary findings from an investigation,…
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Citi stays course on tech modernization, simplification
Citigroup’s multiyear modernization strategy saw progress in the second quarter as the bank’s tech investments proved more necessary after the Federal Reserve Board penalized the bank this week. “We have made meaningful progress in executing our transformation and simplifying our multiyear undertaking,” Chief Executive Jane Fraser said during the $2.4 trillion bank’s earnings call…