The video game industry’s most powerful ratings group is in a vastly different spot with parents and politicians than it was two decades ago, its boss, Patricia Vance, tells Axios.
Why it matters: The Entertainment Software Ratings Board serves as an industry-funded, self-regulatory shield. It took hard hits early in Vance’s run, which reaches an impressive 20 years next month.
The Federal Trade Commission said Monday it plans to take individual actions against James Cory Rellas, the CEO of alcohol-delivery company Drizly, for mishandling a data breach that exposed the personal data belonging to 2.5 million consumers.
Why it matters: It's rare for the FTC to target an individual executive in data security and privacy cases.
Twitter is the only social media stock that hasn’t completely cratered this year, despite the fact that all signs point to 2022 being particularly brutal for the tech giant.
Why it matters: The company's dramatic deal with Elon Musk has overshadowed its business challenges. But when you peel back the curtain, it's clear that Musk could not have picked a worse time to overpay for Twitter.
