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AP News | Equities.com |

The U.S. will ban the downloads of the Chinese apps TikTok and WeChat on Sunday, with a total ban on the use of the latter, citing national security and data privacy concerns.

A total ban on the use of TikTok will follow on Nov. 12, but Commerce Secretary Wilbur Ross said early Friday on Fox Business Network that access to that app may be possible if certain safeguards are put into place.

“At the President’s direction, we have ...


Reuters | Equities.com |

Facebook Inc on Thursday said it would update its internal discussion policies to impose restrictions on employees’ ability to debate social and political issues.

A company spokesman said Chief Executive Mark Zuckerberg outlined his plans for the curbs to employees on Thursday, with details of the new rules to be announced next week.

“What we’ve heard from our employees is that they want the option to join debates on social and pol...


Wendy Glavin — Glavin's Tech Talk | Equities.com |

How often do you receive spam calls? Do you worry that your smart devices and cell phones are listening to your conversations? Is your inbox inundated with ads? Are you concerned about the use of facial recognition technology and geolocation targeting?

While many agree that our personal data shouldn’t be used to track our activities or sold to advertisers without our knowledge, people feel data privacy is too scary to think about, too complex or just too overwhelming that there’s no...


AP News | Equities.com |

Facebook is pushing back on new Apple privacy rules for its mobile devices — and putting app developers in the middle.

Apple will soon require apps to ask users for permission to collect data on what devices they are using and to let ads follow them around on the internet. The social network said Wednesday that those rules could reduce what apps can earn by advertising through Facebook’s audience network.

Facebook said it e...


Reuters | Equities.com |

China’s Tencent said on Wednesday it did not believe a U.S. move to ban transactions on its international messaging to payments WeChat app would apply to its domestic Weixin platform, potentially limiting fallout from the move.

Tencent is the latest Chinese tech giant caught in the crosshairs of an escalated Sino-U.S. cyber war after President Trump said last week the United States would ban WeChat-related transactions in the country.


Reuters | Equities.com |

ViacomCBS Inc’s quarterly results demonstrated a level of resilience, buoyed by demand for streaming, even as the coronavirus pandemic ravaged media businesses globally, sending shares up 5% at the open.

Although it logged a 12% drop in revenue, dragged down by a steep decline in advertising, the fall was less than expected and ViacomCBS Chief Executive Bob Bakish told analysts the second quarter was the bottom for ad declines. ...


Reuters | Equities.com |

(Reuters) - Google parent Alphabet Inc’s quarterly sales fell for the first time in its 16 years as a public company, but the decline was less than expected as many advertisers stuck with the most popular online search engine during the pandemic.

Shares of Alphabet rose 1.2% to $1,557.81 after it released second-quarter results. The stock had rebounded early Thursday to this year’s pre-pandemic high of about $1,525.

With its mostly free tools for web browsing, video watchi...


Reuters | Equities.com |

Facebook Inc beat analysts’ estimates for quarterly revenue on Thursday, as businesses used its digital advertising tools to tap a surge in online traffic during the coronavirus pandemic even as they slashed marketing budgets elsewhere.

Shares of the world’s biggest social network jumped more than 8% in extended trading.

Revenue growth was its slowest ever as a public company, reported at 11%, although it beat analysts’ expecta...


Equities Staff | Equities.com |

UK-based Sky Media, a unit of Comcast, announced it will partner with TV measurement firm TVSquared to enable advertisers to track whether or not ads lead to sales and website visits.

Determining quickly if an ad actually increases product sales has been a Holy Grail endeavor for media companies. Companies typically have to wait weeks for reports on ad effectiveness.

The problem has been even more acute during the pandemic. According to a June 2020 report by MAGNA, a media intelli...


Reuters | Equities.com |

Australia’s competition regulator has launched court proceedings against Alphabet’s Google for allegedly misleading consumers about the expanded use of personal data for targeted advertising.

The case by the Australian Competition and Consumer Commission (ACCC) in Federal Court said Google did not explicitly get consent nor properly inform consumers about a 2016 move to combine personal information in Google accounts with activities on non-Google websites that use its ...