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PayPal debuts US dollar-backed stablecoin for payments
PayPal debuts US dollar-backed stablecoin for payments
PayPal on Monday launched a stablecoin digital currency backed by US dollars to be used for transactions at its...
2023-08-08 06:56
German Finance Chief Sees Budget Ruling as “Turning Point”
German Finance Chief Sees Budget Ruling as “Turning Point”
Finance Minister Christian Lindner said Wednesday’s ruling by Germany’s top court curbing the use of off-budget special funds
2023-11-16 23:50
Cisco forecasts annual revenue below estimates
Cisco forecasts annual revenue below estimates
(Reuters) -Cisco Systems projected annual revenue below market estimates on Wednesday, in a sign that an uncertain economic outlook was
2023-08-17 04:54
Meta launches paid-for version of Instagram and Facebook
Meta launches paid-for version of Instagram and Facebook
Meta will launch a paid-for, subscription-based version of Facebook and Instagram. The company will allow people to pay up to €13 to have no ads appear on those apps. The change has been made to comply with European Union regulations, it said. As such, it will only be available to people in the EU, the European Economic Area and Switzerland. The monthly subscription plans for users in the EU, European Economic Area and Switzerland, will cost 9.99 euros ($10.58) for web users, while iOS and Android users will have to shell out 12.99 euros a month. The difference is to account for the fees taken by Apple and Google for payments on its platforms, Meta said – a move that follows a similar price difference for Twitter’s premium offering. The EU regulations threaten to curb Meta’s ability to personalize ads for users without their consent and hurt its major revenue source. Users across the world will continue to be able to use the site for free, and will see no change to their experience as a result, Meta said. But offering the paid-for subscription version allows Meta to comply with “the requirements of European regulators”, the company said, after a recent ruling. Having the option of paying for a version of Facebook and Instagram with no ads means that people will have more clearly consented to having their data used for marketing, Meta suggested it in its announcement. That in turn means it will better comply with European regulations, it said. The world’s most popular social media network has been under antitrust pressure in the EU. In July, it lost its fight against a German data curb order as Europe’s top court backed the German antitrust watchdog’s power to also investigate privacy breaches. Offering a choice between a free, ad-supported plan and an ad-free paid subscription might lead to users opting for the former, helping Meta to comply with the regulations without affecting its ad business. Meta was fined 390 million euros earlier this year by Ireland’s Data Privacy Commissioner, and was told it cannot use the so-called “contract” as a legal basis to send users ads based on their online activity. The company later said it intended to ask users in the EU for their consent before allowing businesses to target ads in order to address evolving regulatory requirements in the region. Additional reporting by agencies Read More Threads is not dying, Mark Zuckerberg insists Letitia James and 32 other attorneys general sue Meta for ‘harming youth’ People’s Instagram posts are showing where they are not expected
2023-10-30 23:54
Irish university A-level criteria 'disadvantaging NI applicants'
Irish university A-level criteria 'disadvantaging NI applicants'
A new study suggests the treatment of A-levels makes it harder for NI students to get in.
2023-09-18 14:19
Microsoft's bid to buy Activision Blizzard clears a key hurdle. But the $69B deal is still at risk
Microsoft's bid to buy Activision Blizzard clears a key hurdle. But the $69B deal is still at risk
The European Union has approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard
2023-05-16 01:18
Where to Purchase a Ship in Starfield
Where to Purchase a Ship in Starfield
Players need ships to explore the Settled Systems in Starfield. Visit these places to buy one.
2023-09-08 00:54
Is Matt Roloff OK? 'Little People, Big World' star hospitalized after routine upper endoscopy
Is Matt Roloff OK? 'Little People, Big World' star hospitalized after routine upper endoscopy
Matt Roloff went for a regular esophagus checkup when doctors revealed he has a stomach complication
2023-05-23 12:46
Adin Ross warns HasanAbi of legal battle amid ongoing feud: 'I'll see you in court'
Adin Ross warns HasanAbi of legal battle amid ongoing feud: 'I'll see you in court'
Here's the latest update regarding the ongoing feud between Adin Ross and HasanAbi
2023-05-12 18:21
Zoosk review: Easy to sign up, but that's where its usefulness starts and ends
Zoosk review: Easy to sign up, but that's where its usefulness starts and ends
Dating sites and apps are a great way to meet people, but with so many
2023-09-01 17:52
Here's why Pokimane donated $10K to budding streamers
Here's why Pokimane donated $10K to budding streamers
Pokimane who celebrated her 27th birthday on Sunday, May 14, uploaded a heartwarming video where she shared a giveaway with her fellow streamers
2023-05-16 12:18
Hacker Deepfakes Employee's Voice in Phone Call to Breach IT Company
Hacker Deepfakes Employee's Voice in Phone Call to Breach IT Company
A hacker used AI to deepfake an employee’s voice and break into an IT company.
2023-09-16 05:15