Interest rates have been negative in Europe for years. But it took the flood of savings unleashed in the pandemic for banks finally to charge depositors in earnest. From a report: Germany’s biggest lenders, Deutsche Bank and Commerzbank, have told new customers since last year to pay a 0.5% annual rate to keep large sums of money with them. The banks…
Tag: backlash
Did Facebook Change Its Rules to Placate the Right?
Former lobbyist/political advisor Joel Kaplan joined Facebook in 2011 to lead its Washington D.C. outreach, reports BuzzFeed news. But some employees said they were very unhappy with decisions made by both Kaplan and Facebook CEO Mark Zuckerberg: In April 2019, Facebook was preparing to ban one of the internet’s most notorious spreaders of misinformation and hate, Infowars founder Alex Jones. Then…
WhatsApp Clarifies It’s Not Giving All Your Data To Facebook
An anonymous reader quotes a report from The Verge: WhatsApp has published a new FAQ page to its website outlining its stances on user privacy in response to widespread backlash over an upcoming privacy policy update. The core issue relates to WhatsApp’s data-sharing procedures with Facebook, with many users concerned an updated privacy policy going into effect on February 8th will…
Amazon and Facebook Staff Warned of Threats To Safety
Amazon and Facebook have warned staff about threats to their safety amid fears of a backlash against “big tech.” From a report: Amazon Web Services (AWS) employees were told to “be vigilant” after the firm removed Parler from its web-hosting service. The app is popular with some supporters of President Donald Trump. Facebook staff were also instructed not to wear company-branded…
New Train Hall Opens at Penn Station, Echoing Building’s Former Glory
The Moynihan Train Hall, with glass skylights and 92-foot-high ceilings, will open Jan. 1 as an area for Amtrak and Long Island Railroad riders. The New York Times: For more than half a century, New Yorkers have trudged through the crammed platforms, dark hallways and oppressively low ceilings of Pennsylvania Station, the busiest and perhaps most miserable train hub in North…
Taiwanese Horror Game Pulled From Sale Again After Backlash in China
An award-winning Taiwanese horror game was removed from storefronts by the beleaguered developer CD Projekt Red amid a backlash from Chinese gamers, hours after it was put on sale. From a report: Devotion, a PC game that chronicles the life of a Taiwanese family in a religious cult in the 1980s, was released to critical acclaim in February 2019. But shortly…
Microsoft Will Remove User Names from ‘Productivity Score’ Feature After Privacy Backlash
Microsoft says it will make changes in its new Productivity Score feature, including removing the ability for companies to see data about individual users, to address concerns from privacy experts that the tech giant had effectively rolled out a new tool for snooping on workers. From a report: “Going forward, the communications, meetings, content collaboration, teamwork, and mobility measures in Productivity…
Charlie Brown Holiday Specials To Air On TV, After All, In PBS Deal
Last month, “It’s the Great Pumpkin, Charlie Brown” wasn’t aired on TV, marking the first time since 1965 that the Peanuts special wasn’t broadcasted. Instead, it was streamed on Apple+. Now, according to The Associated Press, the Charlie Brown Thanksgiving and Christmas specials will return to the air. From the report: On Wednesday, Apple bowed to the backlash, announcing it had…
Face For Sale: Leaks and Lawsuits Blight Russia Facial Recognition
The rise of cloud computing and AI have popularised face recognition technology globally, but at what cost? From a report: When Anna Kuznetsova saw an ad offering access to Moscow’s face recognition cameras, all she had to do was pay 16,000 roubles ($200) and send a photo of the person she wanted spying on. The 20-year-old — who was acting as…
Streaming TV Advertisers Want Better Targeting — Minus the Privacy Backlash
Advertisers entering the burgeoning medium of streaming TV say they want better measurement and targeting capabilities than they are finding there. But a shadow looms over any efforts to give them what they want: the privacy backlash that has recently put other digital media on the defensive. From a report: That means obtaining viewers’ consent to use information on what they…