The Federal Trade Commission has reportedly approved a $5 billion settlement with Facebook over privacy violations. The deal was widely criticized as a slap on the wrist and the company’s stock price rose after the announcement. But it’s still by far the largest privacy fine ever and roughly twice the maximum 4% of revenue allowed under GDPR.
Adobe has announced that Microsoft-Accenture joint venture Avanade will build a practice to connect Adobe Experience Manager and Campaign with Microsoft Dynamics 365 and Azure. The deal illustrates the importance of such integration and how hard it is. Adobe, Microsoft and Accenture are all partners in the Open Database Initiative but apparently have decided that direct Adobe-Microsoft integrations can’t wait for ODI to be ready.
NewsCred helps companies plan, execute, and measure content marketing programs. Not as sexy as privacy (who ever thought they’d be reading that?) but still important. They’ve just taken $20 million in new funding, bringing their total to about $109 million.
The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.