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☆ Snap offers as much as $500,000 in base salary to top Snapchat talent. Here's pay data on US jobs in engineering, sales, and more.
▼ + stars: | 2024-04-13 | by ( Ashley Rodriguez | Shriya Bhattacharya | ) www.businessinsider.com time to read: +27 min

Despite laying off full-time staff earlier this year, Snap has open roles in areas including engineering, sales, and marketing. On April 12, Snap had globally listed 142 open positions on its jobs board, including 88 openings in US cities. Related storiesMany of Snap's applications included annual salary ranges rather than a single salary for a given role. For example, Snap included a pay rate of $97,760 and $140,000 a year for one software engineer position. In cases where Snap submitted multiple applications for a particular job, such as a level III software engineer, we included the lowest and highest salary for the role as well as the median range.

Persons: Dan Whateley Organizations: Stars, Advertising Research Center, Business, US, of Foreign Labor, Department of Labor, Inc, Santa, Research, Data, Analytics, CRM Technology, Finance Technology, IT Corp Services, Learning, Partner, Engineering, Security Engineering, Software, Software Engineering, Oracle Systems, Assurance, iOS, Wireless Network, Global, Lens, Advisory Partners, Corporate, Corporate Finance, Strategic Locations: Santa Monica, Seattle, View, Palo Alto , New York, San Francisco

☆ Native teens are nearly 4 times as likely to commit suicide. Tribes suing Meta, Google, TikTok, and Snapchat say social media addiction fuels the problem.
▼ + stars: | 2024-04-11 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Read previewTwo tribes are suing social media giants, accusing them of contributing to the high suicide rates among Native teenagers by purposely getting kids hooked on their platforms. The lawsuits name Facebook, Instagram, Snapchat, TikTok, YouTube, and their parent companies, including Meta and Google as defendants. In collaboration with youth, mental health, and parenting experts, we built services and policies to provide young people with age-appropriate experiences and parents with robust controls. Other lawsuits have been brought over social media addiction, including by dozens of state attorneys general who sued Meta last year. However, these are the first lawsuits over social media addiction brought by federally recognized tribes, according to Robins Kaplan, the firm that filed the suits.

Persons: —, Lonna Jackson, Gena Kakkak, José Castaneda, Snapchat, Robins Kaplan, Tim Purdon, Meta Organizations: Service, Superior Court, Facebook, YouTube, Meta, Google, Business, Street, Spirit, Center for Native American, Tribal Nations, American Indian Law, Policy, New, Inc, Associated Press Locations: Los Angeles, Lake, North Dakota, Menominee, Wisconsin, Country, Spirit Lake, New York City

☆ Why a rare ‘golden’ tiger photographed in India is worrying conservationists
▼ + stars: | 2024-02-15 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

But golden tigers — also known as golden tabby tigers or strawberry tigers — are not a subspecies: they’re the result of a genetic mutation that changes the color of their fur. Ramnarayanan spotted the golden tiger, which came within 100 meters of the group, while guiding a safari in the wildlife reserve. The big cat is one of four "golden" tigers in Kaziranga, according to the park's official social media. If Kaziranga’s tiger population becomes more isolated, issues like inbreeding will threaten the population, said Sharma in his post on X. For photographer Ramnarayanan, Kaziranga’s golden tiger was his first sighting of these unusually colored big cats.

Persons: Gaurav Ramnarayanan, Ramnarayanan, “ I’ve, —, Uma Ramakrishnan, There’s, ”, that’s, Gaurav, Mayuresh Hendre, Rabindra Sharma, Sharma, Kota Ullas Organizations: CNN, UNESCO, Heritage, National Center for Biological Sciences, Centre for Wildlife Studies Locations: India’s, Assam, Kaziranga, Mumbai, ”, India

New York City, its schools and public hospital system announced a lawsuit Wednesday against the tech giants that run Facebook, Instagram, TikTok, Snapchat and YouTube, blaming their “addictive and dangerous” social media platforms for fueling a childhood mental health crisis that is disrupting learning and draining resources. The city spends more than $100 million on youth mental health programs and services each year, Mayor Eric Adams' office said. “Over the past decade, we have seen just how addictive and overwhelming the online world can be, exposing our children to a non-stop stream of harmful content and fueling our national youth mental health crisis,” Adams said. "The allegations in this complaint are simply not true,” said José Castañeda, a spokesman for YouTube parent Google, who said by email that the company has collaborated with youth, mental health and parenting experts. Virtually all U.S. teenagers use social media, and roughly one in six teens describe their use of YouTube and TikTok as “almost constant,” according to the Pew Research Center.

Persons: Eric Adams, ” Adams, ”, José Castañeda, “ TikTok, ’, We’ve, “ Organizations: Facebook, YouTube, of Education, New York, New York City Health, Hospitals Corp, Google, Pew Research Center, Meta, Inc Locations: York City, Court, California, New York, New York City

☆ Snap shares drop 30% after company's revenue miss and weak guidance
▼ + stars: | 2024-02-07 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Snap shares tanked 30% in Wednesday morning trading, a day after the company missed revenue estimates and issued light guidance in its fiscal fourth-quarter earnings report. Snap reported revenue of $1.36 billion for the quarter, slightly below the $1.38 billion expected by analysts, according to LSEG, formerly known as Refinitiv. They noted that strong ad improvements and impression growth at Meta and Amazon could represent another headwind for Snap's ad revenue. "Stepping back, 4Q was a mixed bag, but the acceleration in 1Q gives us confidence that things are getting back on track," the analysts wrote.

Persons: Evan Spiegel, Morgan Stanley, — CNBC's Michael Bloom, Jonathan Vanian Organizations: Snap Inc, Barker, Meta, Barclays, 4Q, SNAP, JPMorgan, CNBC PRO Locations: Santa Monica , California

☆ Meta is trouncing Snap in Digital ads — here's why
▼ + stars: | 2024-02-06 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +2 min

In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. The online ad market is bouncing back. Snap reported an increase of just 5% year-over-year, its sixth straight quarter of single-digit growth or a decline in sales. For the first quarter, Snap projected revenue of $1.095 billion to $1.135 billion, which would equal growth of between about 11% and 15%. Broadly, the digital ad market is recovering from a brutal 2022, when soaring inflation and rising interest rates led brands to reel in spending.

Persons: Evan Spiegel, Meta, Jasmine Enberg Organizations: Snap Inc, Facebook, Google, Microsoft, Insider Intelligence Locations: Los Angeles, Paris

☆ Snap plunges 30% on revenue miss and light guidance, as Middle East conflict creates 'headwind'
▼ + stars: | 2024-02-06 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

Revenue : $1.36 billion vs. $1.38 billion expected, according to LSEG. : $1.36 billion vs. $1.38 billion expected, according to LSEG. Global Daily Active Users : 414 million vs. 412 million expected, according to StreetAccount. : 414 million vs. 412 million expected, according to StreetAccount. Daily active users for the first quarter will be 420 million, Snap said, slightly topping analyst estimates of 419.3 million.

Persons: Evan Spiegel, Porte, Debra Aho Williamson, Mark Zuckerberg, Linda Yaccarino, Shou Zi Chew, Jason Citron, Pinterest Organizations: Inc, Viva Technology, Porte de, CNBC, Meta Locations: Paris, Israel

☆ Snap to lay off 10% of staff, cutting approximately 500 jobs
▼ + stars: | 2024-02-05 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +1 min

Snap disclosed the latest layoffs in a regulatory filing on Monday, saying the cuts will impact approximately 10% of its global full time employees. Mass layoffs have roiled the tech sector since 2022, and the job cuts emanating from Silicon Valley have continued to trickle in this year. The latest job cuts at Snap come after the company said in August 2022 that it was cutting some 20% of its global employees, equating to roughly 1,200 jobs at the time. The company also cut approximately 3% of its staff last year, after it announced it was shuttering its AR Enterprise business, per a regulatory filing. Shares for Snap dipped approximately 1.5% early Monday.

Persons: Layoffs.fyi Organizations: CNN, Inc, Enterprise Locations: Silicon

☆ Snap to lay off 10% of global workforce, around 500 employees
▼ + stars: | 2024-02-05 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: 1 min

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. Social media company Snap said Monday that it will lay off 10% of its global workforce, or around 500 employees, in part to "promote in-person collaboration." The company has executed multiple rounds of layoffs since 2022, most recently in November, when it trimmed a small number of product employees. Snap expects it will incur charges ranging from $55 million to $75 million, according to a regulatory filing. The company's last major round of cuts was in August 2022, when it laid off 20% of staff and restructured its business lines.

Persons: Evan Spiegel Organizations: Snap Inc, U.S . Capitol, Social Locations: Washington , U.S

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, on January 31. In prepared testimony reviewed by CNN, Spiegel will say that on average, most Snapchat users connect directly with their friends. "We designed Snapchat to open into the camera, instead of a content feed, to encourage creativity instead of passive consumption," Spiegel will testify. "When people share their Story with friends on Snapchat there are no public likes or comments." A California judge recently ruled that Snap must face a lawsuit over children's fentanyl purchases linked to the app.

Persons: Evan Spiegel, Nathan Howard, Spiegel, Connecticut Democratic Sen, Richard Blumenthal, Tennessee Republican Sen, Marsha Blackburn Organizations: Snap Inc, U.S . Capitol, Reuters, CNN, Connecticut Democratic, Tennessee Republican Locations: Washington, California

A trio of lawsuits filed in state court in Las Vegas seek unspecified damages from TikTok, Snapchat and Meta Platforms, the owner of Instagram, Facebook and Messenger, on claims including deceptive trade practices and negligence. The lawsuits were filed just ahead of testimony in Congress on Wednesday by top executives of Meta, TikTok, Snap Inc. and other platforms. John Sadler, a spokesperson for Ford, declined to say whether the Nevada lawsuits were timed to coincide with the congressional hearing. But Sadler acknowledged the decision to file the cases in state court instead of joining other states in federal court follows a path the state took in opioid damages claims. “Social media platforms are a bottomless pit where users can spend an infinite amount of their time,” Nevada said in the Snapchat complaint.

Persons: Aaron Ford, Michael Hughes, “, Ashley Adams, ”, Meta, Mark Zuckerberg, Republican Sen, Josh Hawley's, ” Zuckerberg, John Sadler, Sadler, Snapchat, Mike Brooks Organizations: LAS VEGAS, —, Facebook, Meta, Inc, Republican, Ford, Democrat, Little, “ Locations: Las Vegas, TikTok, Nevada, California, Las Vegas , Dallas, Little Rock , Arkansas, ” Nevada

☆ Helicopter rides, turmeric facial scrubs, and French lessons: A look at Snap CEO Evan Spiegel's weekly routine
▼ + stars: | 2024-01-17 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +6 min

He then checks Snap, checks his email, and drinks a double espresso, Snap told Business Insider. Snap told BI that he still uses it. Lately, however, he has been spending more time with the monetization team, Snap told BI, as the company focuses on increasing revenue. Before he leaves work, Spiegel tries to check in with the monetization, engineering, and product teams on their progress, Snap told BI. Although he already has his commercial helicopter license, he's currently completing his fixed-wing (airplane) commercial license, Snap told BI.

Persons: —, Evan Spiegel, Spiegel, Miranda Kerr's, Evan Time, he's, Entrepreneur's, — Kerr, Kerr, Orlando Bloom, Snap's monetization, Snapchat's, Joe Scarnici, Stringer, Getty, that's, Miranda Kerr, Stefanie Keenan, Inc Spiegel, Harry Potter, Tesla Organizations: Service, Business, Forbes, New, Wall Street, Financial Times, Inc Locations: unwind, West Coast, California

While the Dow rose to 35,725.11 points, crossing its intraday high of 35,679.13 points hit in August, all three main indexes were on course for their strongest November since 2020. The S&P 500 (.SPX) and the tech-heavy Nasdaq (.IXIC) were also poised for their biggest monthly percentage gain since July 2022, on signs of cooling price pressures. The personal consumption expenditure (PCE) index - the Fed's preferred inflation gauge - showed inflation remained unchanged in October on a monthly basis, against economists' projections of a 0.1% increase. Core inflation, which excludes volatile food and energy prices, rose 0.2% on a monthly basis, in line with estimates. But most megacap stocks edged lower, with Tesla (TSLA.O) down 1.4% and leading declines, keeping the S&P 500 (.SPX) and Nasdaq (.SPX) under pressure.

Persons: Caitlin Ochs, Salesforce, Dow Jones, Dow, Anthony Saglimbene, Mary Daly, John Williams, Jefferies, Shristi Achar, Shinjini Organizations: New York Stock Exchange, REUTERS, Companies, Dow, Nasdaq, Reserve, U.S, Treasury, Fed, San Francisco Fed, Bank of New York, Dow Jones, Inc, NYSE, Thomson Locations: New York City, U.S, Troy , Michigan, Bengaluru

All eyes are now on the personal consumption expenditure (PCE) index- the Fed's preferred inflation gauge- for October, due at 8:30 a.m. ET, which is expected to show inflation eased in the previous month. The PCE index is expected to rise 0.1% on a monthly basis in October, moderating from a 0.4% increase in September. Data cloud company Snowflake (SNOW.N) added 8.2% after it forecast fourth-quarter product revenue above Street estimates on artificial intelligence driven demand. Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Caitlin Ochs, Russ Mould, AJ Bell, Jefferies, Shristi Achar, Shinjini Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Wall, Federal Reserve, Dow e, Ford Motor, Inc, Thomson Locations: New York City, U.S, Chicago, Bengaluru

☆ The creepy AI-driven surveillance that may be infiltrating your workplace
▼ + stars: | 2023-11-20 | by ( Clem De Pressigny | ) www.businessinsider.com time to read: +15 min

For companies, EAI may be a gold mine. But that isn't stopping companies from using EAI to spy on their employees, determine how they feel, and identify who should be hired and who should be fired. HireVue, a Utah recruitment platform, began using EAI facial analysis in 2014 as part of its candidate interview process. EAI companies disagree. And if it can't, then companies using EAI to make decisions about hiring or firing someone could be entirely misguided.

Persons: EAI, Gabi Zijderveld, Smith, Zijderveld, Dow Jones, Sarah Myers West, Samu Hällfors, Framery, Hällfors, West, it's, Kat Roemmich, Roemmich, Paul Ekman's, Clem De Pressigny Organizations: Companies, Smart, CBS, Disney, Ikea, Dow, Oracle, Washington Post, Electronic Privacy, Center, LinkedIn, Nvidia, Looksery, Snap Inc, University of Michigan School of Information, Smart Eye Locations: Utah, Munich, Helsinki, Europe, American

☆ Snap shares jump on deal with Amazon that lets users buy products without changing apps
▼ + stars: | 2023-11-14 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

Snap shares rose 8% on Tuesday after the company confirmed a deal with Amazon that lets users buy products from the online retailer without leaving the app. The agreement follows a similar deal between Meta and Amazon and is designed to make purchasing easier for Snap users. "Customers in the U.S. will see real-time pricing, Prime eligibility, delivery estimates, and product details on select Amazon product ads in Snapchat as part of the new experience," an Amazon spokesperson said in a statement. "In-app shopping with Amazon is available for select products advertised on Snapchat and sold by Amazon or by independent sellers in Amazon's store." Last week, Meta debuted a new feature as part of a deal with Amazon that lets Facebook and Instagram users link their accounts so they can more easily purchase goods they see in Amazon ads without leaving the Meta apps.

Persons: Evan Spiegel, Meta, Maurice Rahmey, they've Organizations: Inc, Amazon, Meta, Facebook, CNBC, Bank of America Locations: New York, U.S, Snapchat

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. "This is what the Fed was looking for, slowing inflation, slowing labor market and the economy's holding up at the same time." Following the data, traders erased bets the Fed will raise borrowing costs any further and piled into bets on rate cuts starting by May. U.S. Treasury yields dropped, with the two-year yield , which best reflects short-term interest rate expectations, sliding to two-week lows. Advancing issues outnumbered decliners by a 13.89-to-1 ratio on the NYSE and by a 5.44-to-1 ratio on the Nasdaq.

Persons: Brendan McDermid, Thomas Hayes, Russell, Jerome Powell, Michael Barr, Loretta Mester, Austan Goolsbee, Mike Johnson, Sruthi Shankar, Amruta, Ankika Biswas, Shinjini Organizations: New York Stock Exchange, REUTERS, Companies, Dow, Nasdaq, Federal, Reuters, May, U.S, Treasury, Nvidia, Banking Committee, Cleveland Fed, Chicago Fed, U.S . House, Dow Jones, Inc, NYSE, Thomson Locations: New York City, U.S, New York, United States, Bengaluru

☆ Snap conducts a small round of layoffs to its product team
▼ + stars: | 2023-11-08 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +1 min

Snap has conducted a round of layoffs as part of a reorganization intended to streamline the social-messaging company. Nearly 20 employees who held product management titles were laid off, Snap said in a statement on Wednesday. The layoffs were not centered on any specific product and were part of the company's plans to increase decision-making speed and reduce overhead, the company said. The layoffs come after Snap recently reported third-quarter earnings in which its overall sales grew 5% year-over-year to $1.19 billion, beating analyst expectations. As a result, Snap said it would not provide official guidance "due to the unpredictable nature of war."

Persons: Evan Spiegel, Porte, Susan Li, Sen, Blumenthal, Blackburn Organizations: Snap Inc, Viva Technology, Porte de, Technology, Meta Locations: Paris, France, Israel

☆ Snap stock rises as sales grow 5% from last year
▼ + stars: | 2023-10-24 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +3 min

Revenue : $1.19 billion vs. $1.11 billion expected, according to LSEG. : $1.19 billion vs. $1.11 billion expected, according to LSEG. Global Daily Active Users (DAUs) : 406 million vs. 405.7 million expected, according to StreetAccount. : 406 million vs. 405.7 million expected, according to StreetAccount. Average revenue per user: $2.93 vs. $2.74 expected, according to StreetAccount.

Persons: Evan Spiegel, Snap, Spiegel, Jerry Hunter Organizations: Inc, New Locations: , California, U.S

☆ Snap shares jump as leaked 2024 user target exceed Wall St expectations
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, in New York City, New York, U.S. on March 2, 2017. REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsOct 16 (Reuters) - Snap (SNAP.N) shares jumped 11% on Monday after a media report said the social media company is expected to have more than 475 million daily active users (DAUs) in 2024, above Wall Street expectations. Snap also expects advertising revenue to grow more than 20% in 2024 as part of its "stretch goals", the report said, putting it above Wall Street estimates of 14% growth. Snap was the first ad-reliant social media firm to flag a demand downturn last year as brands cut budgets amid red-hot inflation and high interest rates. Macroeconomic woes coupled with rising competition from social media platforms like Tiktok, saw Snap lose 80% of its valuation last year.

Persons: Lucas Jackson, Evan Speigel, Bernstein, Mark Schilsky, Chavi Mehta, Tasim Zahid Organizations: Inc, New York Stock Exchange, REUTERS, Thomson Locations: New York City , New York, U.S, Bengaluru

☆ Snap rises nearly 12% after CEO shares strong 2024 goals with employees
▼ + stars: | 2023-10-16 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

Snap shares rose nearly 12% on Monday following reports of an internal CEO memo indicating that the social messaging company could post better-than-expected results for 2024. Snap confirmed the numbers cited in the memo with CNBC but characterized them as "stretch, internal goals only." "I know this was an internal memo, but management must have known it was going to leak." Snap shares sank more than 17% in July after it gave guidance for its current quarter that missed analysts' expectations. Correction: An earlier version of this story misstated the nature of the numbers cited in the memo — they were goals, not projections.

Persons: Evan Spiegel, Porte, Bernstein, Mark Schilsky, Schilsky Organizations: Snap Inc, Viva Technology, Porte de, Tech Specialists, CNBC, Meta, SNAP Locations: Paris, France, Russia, Ukraine

☆ Snapchat's AI chatbot may pose privacy risk to children, says UK watchdog
▼ + stars: | 2023-10-06 | by ( Sachin Ravikumar | Thomson Reuters | Sachin Ravikumar Is A Correspondent For Reuters In London Covering General News Across The Uk. Over Nine Years At Reuters | ) www.reuters.com time to read: +2 min

The Information Commissioner's Office (ICO) said if the U.S. company fails to adequately address the regulator's concerns, "My AI", launched in April, could be banned in the UK. "The provisional findings of our investigation suggest a worrying failure by Snap to adequately identify and assess the privacy risks to children and other users before launching 'My AI'", Information Commissioner John Edwards said. "My AI went through a robust legal and privacy review process before being made publicly available," a Snap spokesperson said. The ICO is investigating how "My AI" processes the personal data of Snapchat's roughly 21 million UK users, including children aged 13-17. Social media platforms, including Snapchat, require users to be 13 or over, but have had mixed success in keeping children off their platforms.

Persons: Lucas Jackson, John Edwards, OpenAI's ChatGPT, Snapchat, Farouq Suleiman, Sachin Ravikumar, William James, Sarah Young, Louise Heavens Organizations: Inc, New York Stock Exchange, REUTERS, Commissioner's, ICO, Reuters, Thomson Locations: New York City , New York, U.S

☆ Snap to close AR division for enterprises months after launch
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

Traders gather at the post where Snap Inc. is traded, just before the opening bell on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2017. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 27 (Reuters) - Snap Inc (SNAP.N) is shutting its division focused on making augmented reality (AR) services for businesses within months of its launch, as the ad-dependent social media company struggles in a tough economy. Snap, the maker of photo messaging app Snapchat, started AR Enterprise Services (ARES) in March, looking to diversify its revenue beyond digital advertising that makes up the vast majority of its revenue. CEO Spiegel said rising adoption of generative artificial intelligence made it hard for Snap to differentiate its offering that allowed customers to use its AR tech on their sites as companies created their own experiences. Reporting by Chavi Mehta in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Evan Spiegel, Spiegel, Chavi Mehta, Shinjini Organizations: New York Stock Exchange, REUTERS, Enterprise Services, Thomson Locations: New York, U.S, Bengaluru

The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo Acquire Licensing RightsBRUSSELS, Aug 24 (Reuters) - Google will provide more information on targeted advertisements and give researchers more access to data on how its products work, to comply with landmark European Union online content rules, the Alphabet (GOOGL.O) unit said on Thursday. "We will increase data access for researchers looking to understand more about how Google Search, YouTube, Google Maps, Google Play and Shopping work in practice, and conducting research related to understanding systemic content risks in the EU," she said. It will roll out a new Transparency Center for people to access information about its policies on a product-by-product basis. Reporting by Foo Yun Chee; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Charles Platiau, Laurie Richardson, Foo Yun Chee, Devika Organizations: Google, Viva Tech, REUTERS, Rights, European Union, Digital Services, Microsoft, Twitter, HK, DSA, Center, Thomson Locations: Paris, France, U.S

European Commissioner for Internal Market Thierry Breton attends a news conference following an informal video conference of internal market and industry ministers in Brussels, Belgium February 25, 2021. These very large online platforms and very large online search engines have until Friday to provide their first annual risk assessment to the European Commission. "Complying with the DSA is not a punishment – it is an opportunity for these online platforms to reinforce their brand value and reputation as a trustworthy site," Breton said in a statement. "My services and I will thoroughly enforce the DSA, and fully use our new powers to investigate and sanction platforms where warranted," he said. Reporting by Foo Yun Chee; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Thierry Breton, Olivier Hoslet, Breton, Foo Yun Chee, Chizu Organizations: Internal, Rights, Google, Microsoft, Twitter, Digital Services, DSA, HK, European Commission, Thomson Locations: Brussels, Belgium, Europe

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