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EU threatens TikTok Lite with ban over reward-to-watch feature
App feature could be suspended unless child safety concerns addressed, in first use of sweeping new digital powers The EU has said it will ban a new service launched by TikTok in Europe that it believes could be “as addictive as cigarettes” unless the company offers “compelling” fresh evidence that children are safeguarded. If the…
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EU threatens TikTok Lite with ban over reward-to-watch feature
App feature could be suspended unless child safety concerns addressed, in first use of sweeping new digital powers The EU has said it will ban a new service launched by TikTok in Europe that it believes could be “as addictive as cigarettes” unless the company offers “compelling” fresh evidence that children are safeguarded. If the…
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Truist to invest in tech for cost savings
Truist Bank expects to continue investing in technology to save money as it restructures. “We continue to see improvements in productivity due to investments in technology,” Chief Executive William Rogers said today during Truist’s first-quarter earnings call. In the short and medium term, the bank expects higher productivity through tech investments and, in the longer…
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EU threatens to ban TikTok Lite over reward-to-watch feature
App could be suspended unless child safety concerns addressed, in first use of sweeping new digital powers The EU has said it will ban a new service launched by TikTok in Europe that it believes could be “as addictive as cigarettes” unless the company offers “compelling” fresh evidence that children are safeguarded. If the ban…
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‘Send now, pay later’ startup Pomelo lands $35M Series A from secretive Vy Capital, Founders Fund
Pomelo, a startup that combines international money transfer with credit, has raised $35 million in a Series A round led by Dubai venture firm Vy Capital, TechCrunch has exclusively learned. Additionally, the company is announcing a $75 million expansion of its warehouse facility. Founders Fund and A* Capital also participated in the financing, along with…
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Muting people on social media is fast and free and will change your life
Experts say setting boundaries online creates a healthier digital environment and helps preserve your mental wellbeing I don’t generally believe in life hacks. As much as I’d love to imagine that one easy tweak could resurface my life like it’s a cracked tennis court, time and experience have shown me that positive change usually comes…
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Muting people on social media is fast and free and will change your life
Experts say setting boundaries online creates a healthier digital environment and helps preserve your mental wellbeing I don’t generally believe in life hacks. As much as I’d love to imagine that one easy tweak could resurface my life like it’s a cracked tennis court, time and experience have shown me that positive change usually comes…
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France being ‘pounded’ by Russian disinformation, says minister
Jean-Noël Barrot says propaganda via social media and fake websites may distort EU election results France is being “pounded” by Russian disinformation that could distort the result of the upcoming EU parliamentary elections, France’s minister for Europe has said. Jean-Noël Barrot said in an interview with Ouest-France that Russian propaganda was being disseminated across social…
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SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy
After a tumultuous year, banking-as-a-service (BaaS) startup Synapse has filed for Chapter 11 bankruptcy and its assets will be acquired by TabaPay, according to the two companies. The deal is pending bankruptcy court approval. Founded in 2017, Mountain View-based TabaPay is an instant money movement platform that Softbank backed in a 2022 round of an…
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France being ‘pounded’ by Russian disinformation, says minister
Jean-Noël Barrot says propaganda via social media and fake websites may distort EU election results France is being “pounded” by Russian disinformation that could distort the result of the upcoming EU parliamentary elections, France’s minister for Europe has said. Jean-Noël Barrot said in an interview with Ouest-France that Russian propaganda was being disseminated across social…