Friday, August 27, 2021

China plans to implement rules to control the recommendation algorithms tech companies use, forbidding practices that "encourage addiction or high consumption" (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
China plans to implement rules to control the recommendation algorithms tech companies use, forbidding practices that “encourage addiction or high consumption”  —  - Cyberspace administration makes 30-point proposal for changes  — Companies affected could include ByteDance, Apple, Alibaba



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...