Platform Executive

The full version of this article, along with thousands like it, can be found here: Facebook owner Meta will block access to Russia’s RT, Sputnik in EU Meta Platforms Inc, parent company of Facebook, will restrict access to Russian state media outlets RT and Sputnik on its platforms across the European Union, the company's head of global affairs has said. The controversial former Deputy Prime Minister of the UK, Sir Nick Clegg said in a Twitter post that the social media company received requests from a number of governments and the EU to take steps in relation to Russian state-controlled media on its platforms. Clegg said Meta would continue to work closely with governments on the issue. The European Union said on Sunday it would ban Russian state-owned television network RT and news agency Sputnik . Canadian telecoms operators have also stopped offering the RT channel. Russian state-run media's activity on social media platforms has emerged as a contentious issue for big...

The full version of this article, along with thousands like it, can be found here: Netflix will not add state-run channels to Russian service Netflix Inc has said that in the current circumstances it has no plans to add state-run channels to its Russian service, despite a regulation that would require the streaming service to distribute state-backed channels. "Given the current situation, we have no plans to add these channels to our service," said a Netflix spokesman in a statement, referring to Russia's invasion of Ukraine. Politico first reported that Netflix, which launched its service in Russia in October 2020, would fall under the new Russian regulations requiring compliance on March the 1st. The regulations, overseen by Russia's communications regulator, Roskomnadzor, require audiovisual services with more than 100,000 subscribers in that country to distribute 20 free-to-air news, sports and entertainment channels. The Netflix spokesman declined to comme...

The full version of this article, along with thousands like it, can be found here: Payments companies Wise, Remitly suspend money transfer businesses in Russia Cross-border payments company Wise and remittance processor Remitly have suspended their money transfer services in Russia, following new sanctions over the weekend against the country in response to its invasion of Ukraine. A spokesperson for London-based Wise said it will continue to monitor the situation and “keep these measures under constant review.” Wise, a financial technology company previously known as TransferWise, holds balances in countries on popular currency routes to sidestep high fees traditionally associated with international money transfers. Last week, Wise limited daily transfers to Russia to 200 British pounds (approximately $268.34). A company spokesperson had said that the limits were put in place at the time “to make sure we can offer our service to as many people as possible.” On Saturday, the Un...

The full version of this article, along with thousands like it, can be found here: Russia tells TikTok not to recommend military content to minors Russia's communications regulator has demanded TikTok stop including military-related content in recommended posts for minors, in an announcement shared in its official Telegram channel. The regulator Roskomnadzor said it had identified content on the video-sharing app related to Russia's "special military operation" in Ukraine and that a lot of it was anti-Russian in character. TikTok is popular with younger users and also has a version aimed towards children under 13. It was not clear exactly what was meant in saying TikTok was recommending content specifically to minors. The company has recently said it is testing age-rated content restrictions. The app, which was originally known for lip-syncing videos and viral dance trends, has been widely used to document events and share news in the run-up to and during Russia...

The full version of this article, along with thousands like it, can be found here: Meta says Ukraine’s military, politicians targeted in hacking campaign Meta has said a hacking group used Facebook to target a handful of public figures in Ukraine, including prominent military officials, politicians and a journalist, amid Russia's ongoing invasion of the country. Meta Platforms said in the last 48 hours it had also separately removed a network of about 40 fake accounts, groups and pages across Facebook and Instagram that operated from Russia and Ukraine targeting people in Ukraine, for violating its rules against coordinated inauthentic behaviour. A Twitter spokesperson said it had also suspended more than a dozen accounts and blocked the sharing of several links for violating its rules against platform manipulation and spam. It said its ongoing investigation indicated the accounts originated in Russia and were attempting to disrupt the public conversation around the conflic...

The full version of this article, along with thousands like it, can be found here: Buy now, pay later firm Zip to buy US rival Sezzle in $352 million deal Buy now pay later (BNPL) firm Zip Co Ltd has said it would buy US-based Sezzle Inc in a A$491 million (approximately $352.59 million) deal, as it looks to further expand its reach in the United States and take on rivals such as Afterpay. Sezzle shareholders would receive 0.98 Zip ordinary shares for each Sezzle stock, the Australian payments firm said, adding that it will own about 78% of the combined group. The company also expects the deal to be EBTDA and cash-flow positive during financial year 2024. After seeing a meteoric rise during the COVID-19 pandemic when online shoppers preferred alternate sources of credit for purchases, the BNPL sector has consolidated rapidly, with Jack Dorsey-backed Block Inc's $29 billion buyout of Afterpay in August 2021 being among the sector's biggest deals. Zip also announced on M...

The full version of this article, along with thousands like it, can be found here: Huawei commits to consumer markets with ‘Smart Office’ launch China's Huawei launched seven new "Smart Office" products, including a top-end laptop and its first printer and e-ink tablet, on Sunday, underlining its commitment to consumers after US trade restrictions severely hit its mobile business. Consumer Business Group CEO Richard Yu, speaking in a video presentation ahead of the Mobile World Congress, said the products were a "bold statement" of its Smart Office concept. President of Huawei's Western Europe Consumer Business Group William Tian said they would appeal to people who were increasingly working from home. "These are not standalone devices," he said in an interview. "We can connect and collaborate much easier with our Super Device concept." Super Device is a technology that allows Huawei's products to connect and share capabilit...