Swedish ‘neobank’ P.F.C. picks up €5M backing from Nordic banking giant Nordea

P.F.C. (Personal Finance Co.), a so-called “neobank” founded in Sweden, has raised €5 million in funding. Backing the young company is Nordea, the largest bank in the Nordics region. In other words, chalk this up as another example of an incumbent bank placing financial and […]

Samsung is getting sued in Australia for ‘misleading’ Galaxy phone ads

The Australian Competition and Consumer Commission (ACCC) is taking South Korean electronics giant Samsung to court, alleging the smartphone maker has misled consumers about the water resistance of Galaxy handsets. According to the ACCC, “Samsung has widely advertised on social media, online, TV, billboards, brochures […]

Milano, la morsa della ‘ndrangheta sull’aeroporto di Malpensa: 34 custodie cautelari

‘Ndrangheta, politica e gestione di attività commerciali attorno all’aeroporto di Malpensa. Sono gli elementi dell’indagine coordinata dalla Direzione distrettuale antimafia di Milano e condotta dai carabinieri del comando provinciale del capoluogo lombardo, che dalle prime luci dell’alba stanno eseguendo un’ordinanza di custodia cautelare nei confronti […]

Facebook’s New Content Moderation Tools Put Posts in Context

Facebook has begun pilot tests of new content moderation tools and policies after an external audit raised numerous issues with the company’s current approach to tackling hate speech. In a report published by Facebook on Sunday, auditors criticized Facebook’s intense focus on “achieving consistency in […]