May 29 - Top Business and Tach News
Meta to limit how it uses ad data to boost Facebook Marketplace in UK.
Ford EVs will have Tesla DNA and Waymo's robotaxis are coming to Uber.
Turkish lira hits new record low after Erdogan election victory.
Streaming services are removing tons of movies and shows.
Meta to limit how it uses ad data to boost Facebook Marketplace in UK
Meta has agreed to limit how it uses ad data to boost its Facebook Marketplace service in the UK, in a move that could have implications for other countries. The move comes after the UK's Competition and Markets Authority (CMA) launched an investigation into Meta's use of data for its Marketplace service.
Under the agreement, Meta will no longer be able to use data from Facebook users' browsing history to target them with ads on Marketplace. Meta will also have to give users more control over how their data is used for advertising.
The CMA said the agreement was "a significant step forward" in its investigation into Meta's use of data. The CMA said it will continue to monitor Meta's compliance with the agreement.
Ford EVs will have Tesla DNA and Waymo's robotaxis are coming to Uber
Ford and Waymo have announced a partnership to develop self-driving electric vehicles for Uber. The vehicles will be based on Ford's F-150 Lightning pickup truck and will use Waymo's self-driving technology. The vehicles are expected to be available to Uber drivers in 2024.
The partnership is a major step forward for both Ford and Waymo. For Ford, it is a way to get into the self-driving car market without having to develop its own technology. For Waymo, it is a way to get its self-driving technology into more cars.
The partnership is also a major win for Uber. Uber has been struggling to make its self-driving car program profitable. The partnership with Ford and Waymo gives Uber access to the technology and resources it needs to make its self-driving car program a success.
Turkish lira hits new record low after Erdogan election victory
The Turkish lira hit a new record low against the US dollar on Monday, after President Recep Tayyip Erdogan won a landslide victory in Sunday's elections. The lira has lost more than 40% of its value against the dollar in the past year, as investors have lost confidence in Erdogan's economic policies.
Erdogan has been criticized for his unorthodox economic policies, such as his decision to cut interest rates despite high inflation. Investors believe that Erdogan's policies are unsustainable and that the Turkish economy is headed for a crisis.
The depreciation of the Turkish lira is having a negative impact on the Turkish economy. Inflation is rising, businesses are struggling, and consumers are feeling the pinch. The lira's depreciation is also making it more expensive for Turkey to import goods and services.
Streaming services are removing tons of movies and shows — it's not personal, it's strictly business
As streaming services compete for subscribers, they are increasingly removing movies and shows from their libraries. This can be frustrating for viewers, who may have grown to love a particular show or movie only to find that it is no longer available. However, there are a number of reasons why streaming services are removing content, including licensing agreements, rights issues, and the need to make room for new content.
Licensing agreements are one of the biggest reasons why streaming services remove content. When a streaming service licenses a movie or show, it typically only has the rights to stream the content for a certain period of time. Once that period of time expires, the streaming service must either renew the license or remove the content from its library.
Rights issues can also lead to the removal of content from streaming services. For example, a streaming service may not have the rights to stream a movie or show in a particular country. In this case, the streaming service would have to remove the content from its library in that country.
Finally, streaming services sometimes remove content to make room for new content. With so many new movies and shows being released every year, streaming services have to be selective about what they add to their libraries. If a streaming service doesn't think a particular movie or show will be popular with its subscribers, it may remove the content to make room for something else.
While it can be frustrating to see your favorite movies and shows removed from streaming services, it's important to understand that there are a number of reasons why this happens. Streaming services are businesses, and they have to make decisions that are in the best interests of their business. If you're looking to watch a particular movie or show, it's always a good idea to check to see if it's available on multiple streaming services before you subscribe to one.