1)
Amazon requested Apple to ban a app that spots fake reviews (And Apple agreed)
Apple has banned Fakespot, a well known app that is known for detecting fake product reviews. This after amazon complained to Apple that the app was providing inaccurate information to users and posed security threat. However, Fakespot is still available for downloads on Google play store. Fakespot’s CEO Saoud khalifah has accused that Apple did not notify him before taking the action.
2
Biden accuses Facebook: “They’re killing People”
US President Joe Biden has made serious accusations against Facebook. Biden has accused that platforms like Facebook are literally killing people with their mis-information on vaccination. The aggressive statement is seen as a part of Whitehouse’s ongoing campaign to pressurize Facebook and other platforms to act against vaccine mis-information.
3
Paypal is increasing the amount of ‘cryptos’ that users can purchase on its platform
Paypal users can now buy $100,000 worth of Bitcoin per week on the platform. This is five times more than the previous limit of $20,000. The payment giant is also undoing its annual purchase limit of $50,000. PayPal’s latest decision will be certainly welcomed by the crypto industry as it continues to face regulatory crackdown across the world.
4
Google’s top executive forced to resign after his anti-Jewish comment
According to reports, Google was forced to ask one of its top executives in Google Cloud unit to resign following his controversial comments on Jewish community. Amr Awadallah, who is originally from Egypt, recently wrote a lengthy post on his LinkedIn account on the on-going Israel- Palestine conflict. In this post, Awadallah mentioned that there was a time when he had a strong disliking for the Jewish community. A comment that apparently didn’t go down too well with many employees including the Jewish employees.
5
Paytm all set for an IPO listing
One of India’s high profile startups, Paytm, has sought regulatory approval for listing its stock on India’s stock market. What is more interesting is that Paytm’s IPO will be India’s biggest IPO listing ever.