Popular dating sites and apps widely collect information from their users for match-making are also deploying that info for advertising. Axios Technology Reporter David McCabe explains what this means for data security and protection.
"The implications are wide-ranging," says McCabe. "The kind of data they could collect is very valuable."
According to a recent poll by SurveyMonkey and Axios, 37 percent of users are comfortable providing personal info to dating sites, compared to 20 percent who are not comfortable at all.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
