Snapchat hits 218M users but big Q4 losses sink share price
Snapchat still isn’t profitable nearly two years after its IPO. In Q4 2019, Snap lost $241 million on 560.8 million in revenue that’s up 44% year-over-year and an EPS of…
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Facebook sues OnlineNIC for domain name fraud associated with malicious activity
Facebook today announced it has filed suit in California against domain registrar OnlineNIC and its proxy service ID Shield for registering domain names that pretend to be associated with Facebook,…
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EU-US Privacy Shield passes third Commission ‘health check’ — but litigation looms
The third annual review of the EU-US Privacy Shield data transfer mechanism has once again been nodded through by Europe’s executive. This despite the EU parliament calling last year for…
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$35B face data lawsuit against Facebook will proceed
Facebook just lost a battle in its war to stop a $35 billion class action lawsuit regarding alleged misuse of facial recognition data in Illinois. Today it was denied its…
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Lawyers for former Tinder execs file to dismiss ‘retaliatory’ defamation lawsuit
Last week, former Tinder CEO Greg Blatt filed a defamation lawsuit against Sean Rad and Rosette Pambakian, who are part of a group of Tinder founders and former executives who…
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Europe’s top court sets new line on policing illegal speech online
Europe’s top court has set a new line for the policing of illegal speech online. The ruling has implications for how speech is regulated on online platforms — and is…
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