The indictment of 13 Russians for interfering with the Presidential election has intensified the pressure put on Facebook, which uncovered about three-thousand Russian-linked ads on its platforms before and after November 2016. Cheddar Senior Reporter, Alex Heath, breaks down the the latest developments.
Facebook's Vice President for ads, Rob Goldman, tweeted about Russia's disinformation effort. President Trump then cited him. Facebook did not intend for Goldman’s tweets to be quoted by Trump. They thought the tweets would only be seen by a contextually-aware audience of techies and media types who follow Goldman.
Heath believes that the tweeting from Goldman and other execs is part of a carefully orchestrated PR campaign by Facebook to make itself appear more transparent and relate-able through engaged spokespeople on Twitter.
The search giant has partnered with Citi and Stanford Federal Credit Union, who will handle the heavy lifting in the backend and compliance, and is seeking to position those brands more front-and-center to customers than its own.
In addition to being a payment method for Facebook Marketplace, Facebook Pay will also compete with person-to-person payment apps like PayPal-owned Venmo, Apple Pay, Google Wallet, and Square Cash App.
Consulting and research firm Magid found people are willing to spend about $42 a month on streaming services, an increase from $36 last year. But they only want four subscriptions on average, down from six in 2018.
The Apple credit card issued by Goldman Sachs stands accused of gender bias after reports from couples showing a major disparity between credit limits issued to women versus men despite shared assets or better credit scores.
These are the headlines you Need 2 Know for Friday, November 8, 2019.
CFO Steve Louden told Cheddar he is confident the company is positioned for success amid the ongoing streaming wars.
The ordinance, which passed with roughly 70 percent of votes, puts limitations on the number of short-term rental units in residential buildings and mandates safety inspections and an array of other compliance measures.
Rohit Prasad, head scientist for Amazon's Alexa unit, said developments in machine learning have led to leaps in Alexa's ability to recognize speech and provide useful answers in four main categories.
Trivago Chief Financial Officer Axel Hefer will replace co-founder and CEO Rolf Schrömgens at the end of the year.
As the world's population swells to 9.2 billion people and developing nations meet demands for electrification, global demand for energy will soar by 25 percent by 2040, according to the 2019 World Oil Outlook published by OPEC.
