The Securities and Exchange Commission has launched an investigation into Activision Blizzard examining how the gaming company handled information related to workplace discrimination and sexual misconduct. Senior executives including CEO Bobby Kotick have been subpoenaed along with former and current employees. The SEC asked for Kotick’s internal communications and minutes from Activision board meetings dating from 2019. The publisher of “Call of Duty,” “World of Warcraft” and “Candy Crush” must also provide the agency with personnel files and 2021 separation agreements. Continue reading SEC Is Investigating Workplace Conduct at Activision Blizzard

Twitter has agreed to pay $809.5 million to settle a class-action lawsuit that accused the social media giant of inflating stock value and misrepresenting user data for the benefit of insiders. In an SEC filing this week, Twitter stipulated the final settlement agreement will not “constitute an admission” or finding of liability or wrongdoing. The settlement agreement still needs approval from U.S. District Court for the Northern District of California. The suit originated with a shareholder complaint filed in Q3 2016 and was later consolidated. Continue reading Twitter Will Pay $809.5 Million to Settle Class Action Lawsuit

Global firms such as Amazon, IKEA, Mercedes-Benz and Walmart are cutting out traditional financial institutions in favor of financial technology, or “fintech” — startups offering everything from banking and credit to insurance. Embedded finance, a term for companies integrating software to offer services like “buy now pay later” at check out, are poised to disrupt the status quo, according to Reuters, which reports that while “banks are still behind most of the transactions,” analysts are warning that as they “get pushed further away from the front end of the finance chain” they’ll be frozen out of lucrative consumer data mining. Continue reading Embedded Finance Becomes More Popular Across Industries

Apple and Google are introducing privacy protections to thwart marketers from gaining access to consumer data when displaying ads, a change that is expected to seriously impact the online advertising schema that is the bedrock of ‘free’ apps and websites like Facebook and TikTok. In April, Apple iPhones debuted a pop-up window that asks people for permission to be tracked by apps. Google has outlined plans to disable a tracking capability in its Chrome web browser. And Facebook announced last month that is working on a new type of ad display that will not rely on personal data. Continue reading Consumer Privacy Concerns May Affect Future of Digital Ads

Advertising sales and data company Ampersand is stepping up to promote its Total TV Measurement solution at a time when the go-to industry ratings firm, Nielsen, is under fire. Total TV is designed to help advertisers strategize and purchase multi-screen marketing campaigns. Ampersand is owned by Comcast, Charter Communications and Cox Communications, and sells network, spot and addressable advertising that targets viewers based on viewing data from 40 million set-top box households. Ampersand reaches 85 million households across more than 150 networks. Continue reading Ampersand Rolls Out ‘Total TV’ to Measure Multi-Screen Data

Intuit is acquiring global newsletter and email marketing platform Mailchimp in a cash and stock deal valued at $12 billion. Intuit, which makes software products including TurboTax, says it plans to integrate Mailchimp with its QuickBooks accounting software to help small and medium-sized businesses acquire and retain customers, Intuit CEO Sasan Goodarzi said in a statement. Mailchimp has “a lot of customer data. We have all the purchase data,” Goodarzi told investors last week. The deal follows Intuit’s 2020 purchase of Credit Karma for $7.1 billion. Continue reading Intuit Purchasing Email Marketer Mailchimp in $12 Billion Deal

Canon has set a November release and price of $6,000 for its highly anticipated EOS R3 mirrorless camera. The pro-series device features a 24.1-megapixel back-illuminated stacked CMOS sensor, combined with Canon’s DIGIC X processor allowing 14-bit RAW files at an impressive 30 frames per second, video capability of up to 6K 60p RAW (4K 120p 10-bit) and ISO range of 100-102400 (expandable to 204800) for still images. Machine learning for eye- and body detection are among the features prompting Canon to call the EOS R3 a “monumental evolution” in digital imaging. Continue reading Canon Ultra-Fast Mirrorless EOS R3 Hits Stores in November

Dish Network has contracted IBM to help automate its new 5G smart network, which will largely target enterprise clients. The deal supports Dish’s goal of becoming the first cloud-native, OpenRAN-based 5G network in the U.S. IBM will provide “AI-powered automation and network orchestration software and services to bring broad 5G network orchestration to Dish’s business and operations platforms,” the companies jointly announced. Dish has spent the past few years acquiring 5G spectrum as part a transition from satellite TV provider to major player in the broadband wireless services space. Continue reading Dish Adds IBM to Tech Arsenal in 5G Wireless Cloud Buildout

YouTube TV is expanding its Spanish-language programming, adding Univision, UniMás and Galavisión to its base membership. The YouTube TV lineup will now include sports programming like the Campeones Cup championship between the top U.S. and Mexico soccer leagues and the Latin Grammy Awards along with a panoply of telenovelas. Subscribers in top Hispanic markets will also have access to Spanish-language local news and weather. An upgrade package that offers more Spanish-language content is coming soon. In May, Google-owned YouTube TV was reported to have more than 3 million U.S. subscribers. Continue reading YouTube TV Carries Networks for Spanish-Language Market

After being road-tested in Amazon’s retail outlets, the Amazon One biometric palm reader is being made available as an identification and payment option to third-party businesses. Ticketing company AXS this week introduced Amazon One as an option for contactless entry at Colorado’s Red Rocks Amphitheatre. Red Rocks guests can link their AXS Mobile ID with Amazon One at dedicated stations then enter the venue by hovering their hand, touch-free, over a scanner. Once the accounts are linked, Red Rocks ticketholders can quickly enter using a separate line exclusively for Amazon One users.  Continue reading Amazon Offers ‘One Palm’ Biometric Reader to Third Parties

The “zero trust” policy envisioned by President Biden in May when he signed an executive order to improve cybersecurity has begun taking shape with the release last week of a draft blueprint by the White House Office of Management and Budget (OMB). While Biden’s order covers the public and private sectors “and ultimately the American people’s security and privacy,” zero trust focuses on identifying and implementing best practices for the federal government’s digital platforms and processes. Deployment will take years of investment and effort. To help jump-start the initiative, some primers have hit the news feeds. Continue reading Government Pursues ‘Zero Trust’ Approach to Cybersecurity

Facebook apologized to researchers this week for data released years ago but only recently outed as inaccurately representing how U.S. users interact with posts and links. Reaching out via email and on a conference call with 47 people, the social media giant attempted to mitigate the harm caused by academics and analysts who have already spent about two years studying what they now say, and Facebook seems to agree, is flawed data about how misinformation spreads on its platform. The problem was identified as Facebook having underreported by about half the number of U.S. users and their data. Continue reading Facebook Apologizes for Providing Researchers Flawed Data

European Union nations are voicing discontent over delays in enforcement of the General Data Protection Regulation (GDPR) implemented in May 2018. Earlier this month Ireland announced a $266 million fine against WhatsApp, after haggling to boost the original sanction of up to $59 million by the Irish Data Protection Commission (WhatsApp parent Facebook has European headquarters in Ireland). The situation has prompted calls to revise how the 27 EU member countries participate in overlapping cases, with expanded pan-EU rules also under consideration. Continue reading European Union Members Are Concerned Over GDPR Delays

In the midst of troubling press attention as the company faces antitrust claims and ongoing criticism of its App Store business model, Apple unveiled its iPhone 13 and Watch Series 7 during a streaming event yesterday. Apple CEO Tim Cook appeared live on a virtual set rather than the traditional in-person stage as a precaution during COVID-19. Apple’s iPhone 13 Pro features a new camera system that promises a new cinematic mode, improved low-light capabilities and an updated ultra-wide lens. The Apple Watch 7, touting a revamped look, includes new features such as a larger screen, softer corners, more support for e-bikes and fall detection for cycling. Continue reading Apple Unveils iPhone 13 and Watch Series 7 at Annual Event

Apple’s notoriously strict terms of doing business in its App Store appear to be loosening. A federal judge has ordered the company to allow developers to offer customers alternative payment methods after ruling that all payments go through Apple violate California’s unfair competition laws. Apple is ordered to within 90 days begin allowing developers to include in their apps payment links to processors other than the App Store. Developers now see a path to avoid handing Apple commissions of up to 30 percent for handling sales through the $100 billion online market.  Continue reading Judge Loosens Apple Stranglehold on App Developer Profits