Olesya Dmitracova

Olesya Dmitracova is a seasoned journalist with over two decades of experience reporting on economics, politics and banking for reputable organizations such as Reuters, BBC World Service and Risk. She currently serves as the Europe Editor for CNN Business where she leads a team covering business and economics in Europe for CNN's digital platform. Previously, Dmitracova held senior positions at The Independent in London and was the Economics and Business Editor there. She is a graduate of Cambridge University and holds the International Programme Diploma from Sciences Po in Paris.

81%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

86%

Examples:

  • The author selectively reports on Meta's pay-or-consent approach while ignoring other practices that may be in violation of the DMA.
  • The author uses emotional manipulation by stating that violations of the new law can lead to stiff penalties without providing any information on what these penalties are or how they would affect users.
  • The author uses sensationalist language such as 'heavy fines' and 'lack of full compliance' without providing any context or explanation for what these terms mean.

Conflicts of Interest

90%

Examples:

  • The author does not disclose any conflicts of interest.

Contradictions

84%

Examples:

  • Apple and Google's parent Alphabet are being investigated for not complying with the Digital Markets Act (DMA) in their app stores. Meta is under investigation for its pay-or-consent model for ad targeting.
  • Fisker filed for bankruptcy on Tuesday. Around 10,000 Ocean SUVs were made last year but only about half had been delivered to customers.
  • Users pay a monthly fee for an ad-free version of Facebook or Instagram that does not use their personal data for advertising purposes.

Deceptions

65%

Examples:

  • The article claims that Meta is failing to comply with the Digital Markets Act (DMA) but provides no evidence to support this claim.
  • The author uses sensationalist language such as 'heavy fines' and 'lack of full compliance' without providing any context or explanation for what these terms mean.

Recent Articles

Meta Faces EU Antitrust Probe Over Alleged Breach of Advertising Model and Data Consent Rules

Meta Faces EU Antitrust Probe Over Alleged Breach of Advertising Model and Data Consent Rules

Broke On: Monday, 01 July 2024 The European Commission is investigating Meta, the parent company of Facebook and Instagram, for allegedly breaching antitrust rules over its advertising model. The EC argues that users should be entitled to access an equivalent service with less personalized ads, but Meta offers only a binary choice between ad-free versions or personalized ads that require consent to data collection. If the investigation confirms these findings, Meta could face a fine of up to 10% of its global annual revenue under the Digital Markets Act.
Fisker Files for Bankruptcy Amidst Quality Issues with Ocean Electric SUV

Fisker Files for Bankruptcy Amidst Quality Issues with Ocean Electric SUV

Broke On: Tuesday, 18 June 2024 In June 2024, Fisker, a US-based electric vehicle startup, filed for bankruptcy due to financial struggles and quality issues with their Ocean electric SUV caused by software from various suppliers. (51 words)
FTX Recovers $14.5-$16.3 Billion: Most Creditors to Receive 118% of Claims Amidst Bitcoin's 270% Price Surge

FTX Recovers $14.5-$16.3 Billion: Most Creditors to Receive 118% of Claims Amidst Bitcoin's 270% Price Surge

Broke On: Wednesday, 08 May 2024 FTX, the bankrupt crypto exchange, recovered an estimated $14.5-$16.3 billion in assets and plans to pay back most creditors in full despite owing around $11.2 billion prior to bankruptcy filing. Ex-CEO Sam Bankman-Fried was sentenced to 25 years for fraud and conspiracy, forcing FTX to sell assets like venture capital projects and Alameda Research investments for additional funds.
EU Launches Non-Compliance Investigations into Apple, Google and Meta's Compliance with Digital Markets Act Antitrust Rules

EU Launches Non-Compliance Investigations into Apple, Google and Meta's Compliance with Digital Markets Act Antitrust Rules

Broke On: Monday, 25 March 2024 The European Union has launched five non-compliance investigations into Apple, Google and Meta's adherence to its new Digital Markets Act antitrust rules. The EU suspects that the companies' proposed solutions do not fully comply with the DMA. Specifically, it plans to investigate Google and Apple's anti-steering rules in their app stores and whether Google is guilty of self-preferencing within its search engine.
H&M CEO Resigns Amid Missed Earnings Expectations and Sales Drop

H&M CEO Resigns Amid Missed Earnings Expectations and Sales Drop

Broke On: Wednesday, 31 January 2024 H&M CEO Helena Helmersson resigns after four years in office, and the company's stock plunges following missed earnings expectations. The operating profit margin falls to 7.2% from 7.8%, with sales dropping by 4% during a key holiday shopping period compared with a year earlier.