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TikTok Ban Extension Likely the Last: McCourt
Bloomberg Technology· 2025-06-18 18:03
Frank. This is a never ending story, is it not. Well, it just does seem that it's it's taking a long time to get a deal made here.You know, you had the 270 days and then the the 275 day extensions and now another 90 days. So, yeah, it's it's been a while. But, you know, I've learned to be very patient, to hang around the group.A lot of good things get done when that happens. And, you know, my sense is and this is not a you know, this is purely purely my opinion, but I think this is the last extension. I thi ...
X @Investopedia
Investopedia· 2025-06-13 21:01
Regulatory Landscape - Europe's AI law is being implemented between now and 2026 [1] - The law impacts consumer data privacy [1] - It may change American companies' approach to AI transparency [1]
Ronan Farrow on Elon Musk's stake in Americans' data
MSNBC· 2025-06-11 23:45
The point you made that data is the mission is a really important one for all of us to sit with just as citizens concerned about all of our safety and freedom. Silicon Valley has showed us that time and time again they are on a mission to aggregate data about human beings in order to manipulate and monetize human behavior. We are coming to a reckoning about how social media platforms did that. We are still to come to a reckoning about how AI companies will do that.Elon Musk and his stake and role in Doge co ...
The Trade Desk Tanks 47% in Six Months: Should You Avoid TTD Stock?
ZACKS· 2025-06-06 13:40
Core Insights - The Trade Desk (TTD) shares have declined 47.2% over the past six months, indicating company-specific issues despite broader market recovery [1][8] - TTD has underperformed compared to its digital advertising peers, with Alphabet and Amazon shares down 4.1% and 8.4%, respectively, while Magnite gained 4.1% [2][8] - TTD is trading nearly 50% below its 52-week high, placing the stock in a distressed category [5] Market Conditions - Increasing macroeconomic uncertainty and trade tensions are expected to negatively impact TTD, potentially squeezing advertising budgets [6] - The competitive landscape in digital advertising is intense, dominated by major players like Alphabet and Amazon, which pressures TTD's market position [7][15] - Regulatory scrutiny around data privacy and changing consumer data practices pose additional risks to TTD's audience-targeting methods [7] Financial Performance - TTD's reliance on Connected TV (CTV) for revenue growth is concerning, as any adverse effects on this segment could significantly impact overall performance [8] - In Q1 2025, TTD derived 88% of its revenues from North America, indicating a limited international presence that restricts market expansion [9] - Total operating costs surged 21.4% year over year to $561.6 million, driven by investments in platform capabilities, which could pressure profit margins if revenue growth does not keep pace [11] Valuation Concerns - TTD's stock is considered expensive, with a forward 12-month Price/Sales ratio of 11.33X compared to the industry's 5.04X, indicating a stretched valuation [13] - Analysts have revised estimates downward over the past 60 days, reflecting bearish sentiment towards TTD's stock [12][15] - The combination of steep stock decline, high valuation, and reliance on a limited market segment suggests that investors may be better off selling TTD shares [15]
Kinetic Seas Launches KineticMD, a New In-Office AI Assistant for Physicians, and Enters Licensing Agreement with ABBSI for Initial Deployment in Longevity Medicine
Globenewswire· 2025-05-20 12:05
Core Insights - Kinetic Seas Incorporated has launched KineticMD, a secure AI platform for healthcare that operates entirely on-site, ensuring patient data privacy and control [1][3][5] - The platform was co-developed with Dr. Sasoon Moulavi and is initially deployed at the Age – Body – Brain – Stamina Institute, focusing on longevity medicine [2][4] - KineticMD is built on open-source foundations and is optimized for regulatory compliance, making it suitable for various sectors where data control is critical [3][4] Company Overview - Kinetic Seas specializes in secure, on-premise AI solutions and is headquartered in Schaumburg, Illinois [6] - The company aims to deliver high-performance AI tools that safeguard data while driving innovation in healthcare, legal, and enterprise IT [6] Financial Projections - The company anticipates generating approximately $5–10 million in annual revenue from its first contract with ABBSI, indicating strong commercial potential for KineticMD [4]
2025年LSX世界大会的启示(英)2025
PitchBook· 2025-05-19 10:30
Investment Rating - The report indicates a positive outlook for European healthtech, highlighting a resilient venture capital funding environment and the emergence of consumer-focused healthtech unicorns [9][11]. Core Insights - The European healthtech sector is gaining momentum, particularly among consumer-focused companies, with notable unicorns like Cera, Huma, and Flo Health achieving a combined $430 million in venture funding [9]. - The overall venture capital funding in European and UK healthcare companies reached over $12.3 billion in 2024, marking the third-highest figure on record [11]. - The report emphasizes the importance of strategic partnerships between startups and large corporates, focusing on finding the right fit and developing meaningful return on investment metrics [8]. Summary by Sections Key Takeaways - Efficiency is a central theme, with companies aiming to achieve more with less, while large funding rounds may lead to inefficiencies [8]. - There is optimism regarding the potential for European companies to challenge US dominance in healthtech and life sciences, especially in light of shifting US trade policies [11]. Momentum for European Healthtech - The European venture ecosystem is forming the foundation for the next generation of consumer healthtech companies, contrasting with the US market's focus on B2B2C models [10]. - Notable funding rounds include Oura's $200 million round, elevating its valuation to $5.2 billion [9]. Spotlight on Women's Health - The report highlights the growing focus on women's health within the healthtech sector, although specific details are not provided in the extracted content. Appendix - The appendix includes a list of medtech startups showcased at the LSX World Congress, detailing their funding, valuations, and active investors [12][13].
Partisia and Trust Stamp partner to make digital IDs safer and more private by securely linking them to unique biometrics
Globenewswire· 2025-05-15 10:55
Core Viewpoint - Trust Stamp and Partisia have formed a strategic partnership to enhance digital security and privacy through a new biometric holder binding solution, aiming to provide a reliable method for identity verification across various digital platforms [1][2][5]. Company Overview - Trust Stamp is a global provider of AI-powered services across multiple sectors, including banking, finance, regulatory compliance, government, healthcare, and real estate, focusing on reducing fraud and enhancing data security [7]. - Partisia specializes in Multi-Party Computation technology, aiming to create a future where data privacy drives progress without compromising security [6]. Partnership Details - The collaboration combines Trust Stamp's biometric technology with Partisia's privacy-preserving data solutions, creating a simplified and privacy-centric method for linking digital credentials to biometric data [2][3]. - The joint solution ensures that biometric data remains under user control, eliminating the need for centralized databases and traditional templates, thus enhancing user privacy [3]. Technological Innovations - The partnership leverages the Global Omnichain Data Service (GODS) Network, facilitating trustworthy data representation across various ecosystems, including finance and Web3 platforms [4]. - The solution aims to streamline onboarding processes and reduce the exposure of personal data by allowing verified identities to be reused across multiple platforms [4]. Industry Impact - The collaboration addresses the need for modernized identity systems in sectors like banking and healthcare, focusing on advanced biometric authentication and decentralized technology to mitigate fraud risks and ensure compliance [5]. - The partnership emphasizes the importance of establishing trust in digital identity while maintaining robust privacy standards and user-friendly experiences [5].
Meta faces row over plan to use European data for AI
TechXplore· 2025-05-14 14:20
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain A Vienna-based privacy campaign group said Wednesday it has sent a cease-and-desist letter to Meta, after the tech giant announced plans to train its artificial intelligence models with European users' personal data. The move comes after Meta said last month it would push ahead with plans to u ...
Google will pay Texas $1.4B to settle claims the company collected users' data without permission
TechXplore· 2025-05-10 08:49
Core Points - Google will pay $1.4 billion to Texas to settle claims regarding unauthorized collection of user data, including geolocation and biometric data [3][5] - Texas Attorney General Ken Paxton emphasized that the settlement serves as a warning to tech companies about accountability for data privacy violations [3][5] - The settlement is the largest amount any state has won from Google for data privacy violations [5] Group 1: Settlement Details - The settlement addresses multiple claims made by Texas against Google in 2022, including issues related to incognito searches and biometric data collection [3][5] - Google spokesperson stated that the agreement resolves "old claims" and that the company has already made changes to its product policies [4] - The settlement does not require Google to implement new product changes [4] Group 2: Context and Comparisons - Texas has previously reached two other significant settlements with Google, including a $700 million agreement in December 2023 related to competition stifling in the Android app store [5] - Meta has also agreed to a $1.4 billion settlement with Texas over similar privacy allegations concerning the use of biometric data [6]
Google agrees to pay $1.4 billion data privacy settlement to Texas
CNBC· 2025-05-09 23:01
Core Points - Google has agreed to pay nearly $1.4 billion to Texas to settle allegations of violating data privacy rights [1][2] - The settlement amount is significantly larger than previous settlements by other states with Google for similar violations [2] - Texas Attorney General Ken Paxton emphasized that this settlement represents a victory for Texans' privacy and serves as a warning to companies about the consequences of abusing user trust [3] Company Response - A Google spokesperson stated that the settlement addresses a series of old claims, many of which have already been resolved elsewhere, and highlighted that product policies have since changed [3] - The spokesperson expressed satisfaction in moving past these issues and reaffirmed the company's commitment to enhancing privacy controls in its services [3]