Monday, December 23

Tag: Market Research/Public Relations

Big Tech Braces for Wave of Antitrust Rulings in 2024 
1Jan By adminNo Comments
Technology

Big Tech Braces for Wave of Antitrust Rulings in 2024 

U.S. antitrust cases against tech giants Google and Meta Platforms are expected to come to a head in 2024, likely producing long-awaited rulings that could shape the legacies of top Biden administration regulators.Silicon Valley and its critics have seen their patience tested on some of these cases. A U.S. antitrust case brought against Alphabet’s Google unit in 2020 went to trial in 2023 and now heads to closing arguments in May.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Facebook and Instagram Steer Predators to Children, New Mexico Attorney General Alleges in Lawsuit
11Dec By adminNo Comments
Technology

Facebook and Instagram Steer Predators to Children, New Mexico Attorney General Alleges in Lawsuit

Updated Dec. 6, 2023 12:51 pm ETFacebook and Instagram recommend sexual content to underage users and promote minors’ accounts to apparent child predators, the state of New Mexico alleges in a lawsuit against parent company Meta Platforms and its CEO.The civil lawsuit, filed Tuesday in New Mexico state court, alleges that “Meta has allowed Facebook and Instagram to become a marketplace for predators in search of children upon whom to prey.” It also claims that Meta has failed to implement protections against usage by children below the age of 13 and has targeted the age-related vulnerabilities of children in the interest of increasing its advertising revenue. The suit says Chief Executive Mark Zuckerberg is personally responsible for product decisions that aggravated risks to children on ...
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Vice Media CMO Steps Down to Lead Public Affairs and Marketing Firm
11Dec By adminNo Comments
World

Vice Media CMO Steps Down to Lead Public Affairs and Marketing Firm

Updated Dec. 11, 2023 10:39 am ETVice Media Group Chief Marketing Officer Nadja Bellan-White will leave the company in mid-December to accept a role as chief executive of SS+K, a marketing and public affairs firm based in New York.Bellan-White will be the first person to hold the CEO title at SS+K, whose clients have included social-media company Meta Platforms, the Democratic National Committee and President Biden’s inaugural committee, according to the agency. She will report to co-founders and partners Lenny Stern and Rob Shepardson, with all senior managers reporting to Bellan-White.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Meta Starts Fully Encrypting Messages on Facebook and Messenger App
9Dec By adminNo Comments
Technology

Meta Starts Fully Encrypting Messages on Facebook and Messenger App

Updated Dec. 6, 2023 10:42 pm ETMeta Platforms said it has started fully encrypting messages on Facebook by default, moving ahead with a privacy measure that government officials and others have warned could hide illegal activity by child predators and other criminals.The social-media giant starting this week is automatically shifting Facebook users to so-called end-to-end encryption for their messages on that platform and its connected Messenger app, it said in a blog post Wednesday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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X Is Working to Lure Smaller Advertisers as Elon Musk Keeps Alienating Big Brands
8Dec By adminNo Comments
Technology

X Is Working to Lure Smaller Advertisers as Elon Musk Keeps Alienating Big Brands

X wants Facebook’s secret weapon: small businesses.The social-media site formerly known as Twitter largely relies on advertising revenue from the world’s largest brands. But since owner Elon Musk alienated some of the biggest spenders, finding a new customer base has become critical.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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McKinsey Shrinks New Partner Class by Roughly 35%
7Dec By adminNo Comments
World

McKinsey Shrinks New Partner Class by Roughly 35%

Updated Dec. 6, 2023 6:51 pm ETIt got a lot harder to make it to the top of McKinsey & Co.The closely held firm named its new class of partners, and the group is roughly a third smaller than last year, according to people familiar with the matter, in the latest sign that economic conditions have dented demand for high-price consultants.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Pro-Trump Electors in Wisconsin Acknowledge There Was an Effort to ‘Improperly Overturn’ 2020 Vote
6Dec By adminNo Comments
World

Pro-Trump Electors in Wisconsin Acknowledge There Was an Effort to ‘Improperly Overturn’ 2020 Vote

As part of an unusual legal settlement, a group of 10 Wisconsin Republicans who tried to reverse the outcome of the 2020 presidential election by creating a false slate of electors pledged to Donald Trump have withdrawn the paperwork they sent to Congress and acknowledged that President Biden won the election.The civil settlement, announced Wednesday by legal advocacy groups representing the plaintiffs, marks a milestone in continuing litigation around the country against pro-Trump operatives, sometimes referred to as fake electors, in battleground states including Wisconsin, Georgia and Michigan. In the settlement, a group of pro-Trump electors have for the first time formally withdrawn certificates purporting that the former president won Electoral College votes.Copyright ©2023 Dow Jone...
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Treasury Yields Fall to Lowest Levels Since Summer
6Dec By adminNo Comments
Money

Treasury Yields Fall to Lowest Levels Since Summer

Updated Dec. 5, 2023 5:38 pm ETThe bond rally resumed Tuesday, driving yields on benchmark 10-year U.S. notes to their lowest level since summer and lifting technology shares on an otherwise downbeat day for stocks. The technology-heavy Nasdaq Composite added 0.3%. In the S&P 500, technology and consumer-discretionary shares failed to offset declines in utilities, energy, materials and real-estate stocks, and the broad index shed less than 0.1%. The Dow Jones Industrial Average fell 0.2%, or about 80 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?
5Dec By adminNo Comments
Money

How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?

As in the eponymous 1960s Western, the so-called “Magnificent Seven” stocks keep on winning. This also means investors are betting the farm on just a handful of bullets hitting their targets.The S&P 500 is in a bull market, fueled by soft inflation data in the U.S. and Europe and the widespread belief that interest rates will start coming down early next year. Yet the stock market has become so top-heavy that speaking of a “bull market” carries less meaning than before. Without Apple, Microsoft, Alphabet, Amazon.com, Nvidia, Tesla and Meta Platforms—the high-growth, technology-related companies that analysts have dubbed the “Magnificent Seven”—the S&P 500 would only be up 9% this year, rather than 19%. Some 44% of stocks in the index are down this year.Copyright ©2023 Dow Jones &a...
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