/
Weekly Roundups

The Week in Tech: Facebook and Google at the Center of Political Tensions

By Andrea Villar | Fri, 11/22/2019 - 11:58

Google is the latest Big Tech firm to set a limit on political advertising. The company will no longer let political advertisers target its users based on their political affiliation. It will also ban "demonstrably false claims," as well as misleading claims. Following its footsteps, Facebook is considering tightening its political advertisement rules. Mark Zuckerberg’s company has considered increasing the minimum number of people who are targeted with political ads from 100 to a few thousands.

In a new chapter of ‘Big Tech Companies Facing Trust Issues,’ Amazon claims it does not use data from individual third-party sellers to come up with its own products. However, it does use "aggregated data" to inform its private label brands, Jeff Bezos’ company said. 

More news below:

  • Yahoo Japan and Line will merge, creating Japan's biggest search engine. Yahoo Japan is owned by Softbank, which would gain control over Line’s Linepay payments service to combine it with its existing PayPay service.
  • WeWork is laying off 2,400 employees (19 percent of its workforce) in an effort to cut costs and right-size the business. In a statement, a WeWork spokesperson said cuts were being made as part of the company's efforts to "create a more efficient organization" and refocus on the core office-sharing business.
  • HP's board of directors rejected a proposal from Xerox to acquire the company. The board voted unanimously against the proposal, saying the price was too low. However, the company is open to explore a deal. Xerox gave HP an ultimatum to reconsider it, threatening to take its case to stakeholders. 
Andrea Villar Andrea Villar Journalist and Industry Analyst