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A profile of Binance CEO Richard Teng, who faces the tough task of transforming the company's culture amid spiraling compliance costs and an ongoing SEC lawsuit (Reuters) 26-11-2023

Reuters: A profile of Binance CEO Richard Teng, who faces the tough task of transforming the company’s culture amid spiraling compliance costs and an ongoing SEC lawsuit  —  Spiralling compliance costs, ongoing legal headaches and a shrinking share of the market: Binance’s new chief Richard Teng faces … Lees verder op Tech Meme

Unsealed docs in a lawsuit by 30+ state AGs: Meta received 1.1M+ reports of under-13s on Instagram since early 2019 yet it “disabled only a fraction” of those (Natasha Singer/New York Times) 25-11-2023

Natasha Singer / New York Times: Unsealed docs in a lawsuit by 30+ state AGs: Meta received 1.1M+ reports of under-13s on Instagram since early 2019 yet it “disabled only a fraction” of those  —  Meta “routinely documented” children under 13 on Instagram and “unlawfully” collected their data, according to a newly unsealed complaint. Lees verder op Tech Meme

Adobe: US online Black Friday sales hit $9.8B, up 7.5% YoY; Salesforce, which uses different metrics, says online sales hit $16.4B in the US and $70.9B globally (Ingrid Lunden/TechCrunch) 25-11-2023

Ingrid Lunden / TechCrunch: Adobe: US online Black Friday sales hit $9.8B, up 7.5% YoY; Salesforce, which uses different metrics, says online sales hit $16.4B in the US and $70.9B globally  —  A rush of deep discounts and the growth of flexible payment options were the drivers behind $9.8 billion in online sales … Lees verder op Tech Meme