U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in the U.K. “U.S. tech firms increasingly shape the news stories that people in the U.K. see and read […] leading...
The $755 billion online travel industry is a honeypot for bad actors looking to use stolen payment credentials to purchase vacation packages and resell them for profit. But combating fraud often comes at a cost, as onerous security protocols may alienate legitimate customers. In this...
Facebook is using purchase data from retailers to gather information about what people buy in physical stores, Business Insider reported on Monday (Dec. 16). Retail companies are sending Facebook its customers’ names, contact information and details about purchased items, so the social media giant can...
Big Tech has gotten, is getting and will get its share of regulatory scrutiny. For Apple, there seems to be an increasing interest in its digital wallet, and how the firm is competing in the payments realm. At the end of last week, as reported...
June 14, 2019
An AI-driven model offers users great power when it comes to handling data, making sense of seemingly far-flung information. But there also is great responsibility on the part of those who build and use those models. Visa's Melissa McSherry, global head of credit and data products, tells Karen Webster about the most vital considerations of AI practitioners. First, do no harm.
March 21, 2017
Every day the average American consumer comes into contact with hundreds — if not thousands — of algorithmically powered experiences. The ads one sees on Facebook or Google were served courtesy of...
February 01, 2017
Math, as it turns out, is doing more than making millions of teenagers unhappy over hard homework right now — it’s also making the world less democratic and egalitarian. In...
September 19, 2023
The Consumer Financial Protection Bureau (CFPB) has released guidance for lenders who utilize artificial intelligence (AI) and complex models in their credit decision-making processes. The guidance emphasizes the need for lenders to provide specific and accurate explanations when making credit denials, the regulator said in a Tuesday (Sept. 19) press release. With the growing use of advanced algorithms and personal […]
November 16, 2022
U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in the U.K. “U.S. tech firms...
December 16, 2019
Facebook is using purchase data from retailers to gather information about what people buy in physical stores, Business Insider reported on Monday (Dec. 16). Retail companies are sending Facebook its...
October 31, 2019
Proposed bipartisan legislation wants to make sure that search engines disclose the algorithms they use to determine what content to share, as well as enable consumers to opt for unfiltered...
