SoftBank’s Q1 profit grows 49 percent as it monetizes investments

(Reuters) — Japan’s SoftBank Group on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale of its stake in Indian e-commerce firm Flipkart – the first public divestment by its Vision Fund. The sale of the stakes are early signs that SoftBank is able to monetize its investments – a […]

‘Sex doll brothel monetizes the rape of women' – French feminists

Communist and feminist groups are pressuring the Council of Paris to close a controversial, clandestine sex doll brothel in the heart of the city. So far, however, there have been no complaints and no actual crimes committed. “Xdolls is not a sex shop. It’s a place that generates money where you rape a woman,” said […]

Germany: Facebook abuses dominance in the way it harvests and monetizes user data

(Reuters) — Germany’s cartel office has found that Facebook abused its dominant market position, in a ruling that questioned the U.S. social network’s model of monetizing the personal data of its 2 billion users through targeted advertising. Presenting preliminary findings of its 20-month-old probe, the Federal Cartel Office said Facebook held a dominant position among […]