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    Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021.Michael Nagle | Bloomberg | Getty Images An earnings avalanche is coming in the week ahead that could put the stock market's recent gains to the test. Apple, Microsoft, Alphabet, Facebook and Amazon — the biggest of big cap tech — are...
    Frances Haugen, the leftist Facebook “whistleblower” who worked for the team that censored the Hunter Biden laptop story, and who told a Senate committee that the platform needs more censorship, not less, is backed by leftist billionaire Pierre Omidyar. Numerous whistleblowers have come forward from Facebook in recent years, including content moderators who blew the whistle on anti-conservative censorship, but...
    NSA whistleblower Edward Snowden speaks live from Russia during the Web Summit technology conference in Lisbon, Portugal on November 4, 2019.Pedro Fiúza | NurPhoto | Getty Images LONDON — Undermining encryption systems to give governments access to people's personal messages would be a "colossal mistake" with fatal consequences, former U.S. whistleblower Edward Snowden has warned. "Privacy is power," said Snowden,...
    NEW YORK -- Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he's launching a new media company with its own social media platform.Trump says his goal in launching the Trump Media & Technology Group and its "Truth Social" app is to create a rival...
    Facebook whistleblower Frances Haugen is receiving assistance and financial backing from eBay founder and tech billionaire Pierre Omidyar, according to a report by Politico. Omidyar, who founded online marketplace eBay in 1995, serves as the chair of philanthropic organization Luminate. Luminate is managing Haugen’s government and media relations in Europe, Politico reported, and donated $150,000 to Whistleblower Aid, the non-profit...
    FACEBOOK has been fined a staggering £50.5million for breaking UK rules when buying Giphy. The Californian tech giant has been publicly reprimanded by the Competition & Markets Authority. According to the CMA, Facebook breached an order imposed by the CMA. This order prevents companies from quietly merging while an acquisition is being reviewed. An Initial Enforcement Order was placed on...
    MANCHESTER CITY stars were pelted by plastic cups of BEER as they celebrated Joao Cancelo’s opener against Club Brugge. MORE TO FOLLOW Foden ➡️ CanceloA beautiful pass from Phil Foden is finished off by a strikers touch and finish from their Portuguese full-back ????#UCL pic.twitter.com/tNFUhi123P— Football on BT Sport (@btsportfootball) October 19, 2021 Most read in Premier League FOOTIE NEWS...
    Since revelations about Facebook’s content recommendation algorithms surfaced in early September, lawmakers have vowed to hold social media platforms accountable, floating potential legislative solutions — yet it’s unclear what, if anything, will stick. Legal experts say that laws looking to curb Facebook’s harms by removing liability protections would do little to affect how Facebook boosts content, as the First...
    London (CNN Business)Facebook (FB) plans to hire up to 10,000 workers in Europe to build a "metaverse" that will combine virtual and augmented reality technologies in a new online realm.The US tech giant announced the recruitment drive on Sunday, saying it would take place over five years. Facebook said the investment was a "vote of confidence" in Europe's tech industry...
    House Democrats announced a bill Thursday that would hold online platforms liable for content that harms users. The Justice Against Malicious Algorithms Act, proposed by Democratic leaders of the House Energy and Commerce Committee and set to be introduced Friday, aims to reform Section 230 of the Communications Decency Act to strip liability protections from platforms that recommend “personalized” content...
    MARK Zuckerberg has been pictured wearing an experiment pair of Facebook goggles that "teleport you to his virtual world". The Facebook boss has thousands of staff working on augmented reality and VR. 3Zuckerberg seen here frolicking in his virtual world – where we may all eventually liveCredit: Facebook 3A zoomed-in and brightened version of the image reveals the headset in...
    Top Democrats on the House Energy and Commerce Committee Thursday announced legislation aimed at holding online platforms accountable for content promoted by their algorithms. The Justice Against Malicious Algorithms Act would amend Section 230 of the Communications Decency Act, which provides platforms with immunity from content posted by third parties and allows good faith moderation, to make platforms liable for...
    With recent revelations about the role that Facebook’s algorithm may have played in a range of social ills, the Biden administration has been quietly exploring ways to increase oversight without relying on an act of Congress, according to White House and administration officials and allies on Capitol Hill. The primary target: Section 230, a provision in the U.S. Communications Decency...
    Facebook whistleblower Frances Haugen testified before Congress on Oct. 5, urging lawmakers to regulate the tech giant and offering potential policy solutions to the platform’s myriad controversies — many of which echo proposals made by Facebook itself. “There is a reason we have seen Facebook call on new regulations for internet companies,” Jeffrey Westling, Technology and Innovation fellow at...
    Sen. Elizabeth Warren, D-Mass., sounded the alarm Wednesday over the potential for Republicans to gain majorities in the House and Senate in the 2022 midterm elections, arguing Democrats needed to take action on breaking up Facebook and passing voting rights legislation before the GOP takes over. "We also have to do breaking up Facebook now, now, now, before we are...
    Sen. Maria CantwellMaria Elaine CantwellBiden says he has directed DOJ to focus on violence from unruly airline passengers Looking to the past to secure America's clean energy future Democrats demand more action from feds on unruly airline passengers MORE (D-Wash.) is calling on Facebook to preserve documents related to the congressional testimonies from a company whistleblower and the tech giant’s...
    Facebook whistleblower Frances Haugen will meet with the tech giant's oversight board in the coming weeks. The invitation comes after Haugen , who served as product manager at Facebook from June 2019 until May, leaked documents to the Wall Street Journal regarding internal research on the negative effects of Instagram, which Facebook owns. The research showed negative effects on...
    Facebook whistleblower Frances Haugen has agreed to a meeting with the tech giant's Oversight Board after it admitted she'd exposed 'internal issues' at the social media firm.    The Oversight Board — which was created to help the company answer difficult questions around freedom of expression online by using an independent panel of experts — announced the meeting with Haugen in a press...
    An Australian industry association backed by Facebook, Google, and Twitter said Monday that it is creating a new independent oversight committee to help address complaints about misinformation, just a day after the Australian government threatened to pass tougher laws over false and misleading content online. Social media posts deemed to be dangerous have become an important issue between the Big...
    Former Google, Facebook and Pinterest employee Ifeoma Ozoma launched a free resource guide and a new California law in the same week.Ifeoma Ozoma Whistleblowers are getting louder in Silicon Valley. Most notable is ex-Facebook employee Frances Haugen, who testified in front of Congress this week after revealing documents that showed the company is aware of the harm its products cause....
    Facebook has only itself to blame for what threatens to become the worst tech industry scandal since the infamous 2018 Cambridge Analytica disgrace. Frances Haugen’s release of internal Facebook documents and appearance before a Senate subcommittee would have never happened if the social media giant regulated itself and was more transparent about its inner workings. It’s a sad day in...
    Tom Williams/Pool via REUTERSWith a combination of antitrust and privacy law reform, Sen. Amy Klobuchar hopes that she’ll soon see a turning point in Congress’ approach to the monopolization of Big Tech.In a hearing Tuesday, former Facebook product manager Frances Haugen gave testimony before the Senate Committee on Commerce, Science and Transportation that showed the sometimes disastrous effects Instagram had...
    The White House on Wednesday endorsed further regulations on social media tech platforms, in response to testimony from far-left Facebook “whistleblower” Frances Haugen on Capitol Hill. “The President has long said, as you referenced, that tech platforms must be held accountable for the harms that they cause,” White House press secretary Jen Psaki said during the daily press briefing in...
    MENLO PARK (KPIX 5) – For the average person, it’s extremely difficult to know how and to what extent your data collected online is being used by various companies. The renewed focus on Facebook, amid testimony to Congress from a whistleblower this week, is bringing more attention to what needs to happen next. Bay Area real estate mogul Alastair Mactaggart...
    Sen. Richard Blumenthal of Connecticut on Wednesday demanded Facebook head Mark Zuckerberg appear before Congress to address accusations by a company whistleblower who accused the company of knowingly harming children with its products.  Blumenthal accused the platform of 'amplifying and weaponizing hate speech,' and blasted the exec for spending Monday sailing a day before a powerful Commerce subcommittee aired allegations...
    Frances Haugen, Facebook whistle-blower, speaks during a Senate Commerce, Science and Transportation Subcommittee hearing in Washington, D.C., U.S., on Tuesday, Oct. 5, 2021.Stefani Reynolds | Bloomberg | Getty Images You may have heard this one before: lawmakers are outraged at a tech company, calling for its CEO to testify and promising, finally, to rein in Big Tech. That's the scene...
    The timing couldn't have been more dramatic when Facebook and its other popular products, including WhatsApp and Instagram, went down for over five hours on Monday. The worldwide outage happened between Sunday's dramatic unveiling of whistleblower Frances Haugen on "60 Minutes" and Haugen's scheduled Senate testimony on Tuesday. The hearing is looking at the negative social impacts of Facebook and...
    FACEBOOK whistle blower Frances Haugen, 37, revealed her identity on 60 minutes with CBS' Scott Pelley, which aired on October 3. Haugen delivered congressional testimony against Facebook on Tuesday, October 5 before the Senate, accusing the tech giant for putting profit before public safety. 1Facebook whistle blower Frances Haugen reveals her identity Who is Haugen? Haugen, 37, is a data scientist...
    Establishment media-backed Facebook whistleblower Frances Haugen testified before the Senate Commerce Committee today, telling lawmakers that they should set up a new regulatory agency to protect against the “harms” of Big Tech (including so-called disinformation and hate speech), and that people like her should get to run it. According to Haugen, the only possible way to fix the evils of...
    Facebook’s whistleblower is a Harvard Business School grad whose technical wizardry helped revolutionize some of the world’s biggest apps. Frances Haugen outed herself on primetime television Sunday as the tipster who quietly leaked thousands of pages of company documents to journalists, lawyers, and lawmakers. She more quietly built her career in Silicon Valley while working for tech giants such as...
    Alexandria Ocasio-Cortez has seized on Facebook's seven-hour outage to renew her call for the 'monopolistic' and 'destructive' company to be broken up. The Democratic congresswoman took aim at the social media giant on rival network Twitter Monday as Facebook was in the grips of a massive blackout that sent Facebook, Instagram, WhatsApp and Messenger offline and lost the company an estimated $100 million...
    FACEBOOK suffered a major outage this week, losing millions in the process and plunging the business into chaos for a number of hours. But behind the scenes things have been fractured at the social media giant for some time, with accusations that it stifles competition and fails to crack down on disinformation. 3Mark Zuckerberg faces accusations Facebook stifles...
    New York (CNN Business)After a roller coaster 24 hours for Facebook — in which a whistleblower lodged damning claims at at the site, its stock fell 5% and the company suffered a more than five-hour outage across its most popular apps — the spotlight has shifted to Congress and what, if anything, lawmakers are willing to do to rein in...
    A FACEBOOK whistleblower today said the firm's content harms kids and its executives refuse to make changes because they boost profits. Former data scientist Frances Haugen, 37, testified to Congress accusing the tech giant of being aware of apparent harm to some teens from Instagram. 3Frances Haugen claims Facebook knows its content is harmful to children 3Mark Zuckerberg's company denies...
    A Facebook whistleblower, Frances Haugen, is set to appear before the Senate Commerce Committee tomorrow. She’s far from the first Big Tech whistleblower to expose Silicon Valley’s inner workings — but she is one of the first to call for more censorship, not less. That’s probably why the establishment media has embraced her with open arms. It’s also probably why...
                      by Ailan Evans  Platforms owned by Facebook all experienced outages at the same time late Monday morning, and could not be accessed. Facebook, Instagram, and WhatsApp all went down Monday morning, according to outage tracking site Downdetector. Facebook was first reported down around 11:15 a.m., with reports peaking around 12 p.m....
                      by Ailan Evans  Sen. Josh Hawley introduced a bill Thursday removing liability protections from tech platforms that harm children. The bill would amend Section 230 of the Communications Decency Act to strip liability protections from social media services that are found to have caused “bodily injury or harm to mental health” to...
    Facebook executives are preparing for a whistleblower to accuse the network of contributing to the Capitol riot by turning online safeguards off too soon after the presidential election.   The whistleblower, whose identity has not been publicly revealed, is expected to make the fresh allegations and reveal her identity in a bombshell interview on CBS's 60 Minutes Sunday.  Facebook went into...
    Max Chavez remembers the moment when he finally found the coding error that was causing his two-dimensional red and yellow ball to defy the laws of physics. He was watching the ball on an old Mac computer on a cafeteria table at East Palo Alto Academy. It was 2016, he was a freshman at the high school and he’d become...
    Sen. Josh Hawley introduced a bill Thursday removing liability protections from tech platforms that harm children. The bill would amend Section 230 of the Communications Decency Act to strip liability protections from social media services that are found to have caused “bodily injury or harm to mental health” to users under the age of 16. This allows for users who suffer...
    Russian authorities Thursday threatened to fine Facebook unless the tech giant removes content deemed illegal by the Russian government, signaling Moscow’s commitment to further crack down on social media. Roskomnadzor, Russia’s technology and telecommunications regulator, told Reuters it would send representatives to Facebook threatening the tech giant with a fine of up to 10% of its Russian annual revenue due...
    Following a series of damning reports from the Wall Street Journal called the “Facebook Files,” members of the tech press are calling on Facebook to fully release the internal documents that the company claims are being taken out of context. The Verge reports that as Facebook attempts to downplay and rebut a series of reports from the Wall Street Journal’s “Facebook Files,”...
    EXCLUSIVE – Republican Alabama Gov. Kay Ivey took a hardline approach to Big Tech this week, blasting Facebook over the temporary removal of her gubernatorial campaign page and accusing it of working alongside President Joe Biden's administration to stop conservatives from speaking out on things like opposition to federal coronavirus vaccine mandates.Speaking with Fox News Digital, Ivey reiterated she strongly...
    Republican Florida Gov. Ron DeSantis ordered Secretary of State Laurel Lee to investigate Facebook on Monday over “alleged election interference” revealed by a The Wall Street Journal’s bombshell report. The WSJ’s Sep. 13 report showed that the tech giant employed a content review system called “XCheck” that allowed certain “whitelisted” high-profile figures and celebrities to bypass its algorithms when sharing...
    Trump supporters attending his Saturday rally in Georgia turned against Facebook CEO Mark Zuckerberg, erupting in a chant of “lock him up," after Trump alleged the tech leader's election-related donations tilted the 2020 election in President Joe Biden's favor. Zuckerberg and his wife Priscilla donated a $400 million grant to the non-profit organization Center for Tech and Civic Life in...
    Florida Gov. Ron DeSantisRon DeSantisAmerica isn't first — it's far behind — and studies point to Republicans Where election review efforts stand across the US Schools without mask mandate 3.5 times more likely to have COVID-19 outbreaks: CDC study MORE (R) has instructed Secretary of State Laurel M. Lee to investigate Facebook for "alleged election interference." The investigation follows The Wall Street...
    TALLAHASSEE (CBSMiami) – Gov. Ron DeSantis has asked Florida’s top elections official to investigate Facebook for election interference. The move comes after a bombshell report that the tech giant put its thumb on the scale of numerous state and local races by exempting elite users from Facebook’s own rules. The governor has asked the secretary of state to use all...
                      by Ailan Evans  An internal memo published by the Federal Trade Commission (FTC) Thursday detailed Chairwoman Lina Khan’s vision for antitrust enforcement, including plans to target several of Big Tech’s business practices. The memo, sent to FTC commissioners and staff, titled “Vision and Priorities for the FTC,” outlined several key antitrust...
    Facebook’s Chief Technology Officer Mike Schroepfer is stepping down from the social media company, taking on a part-time role while longtime executive Andrew Bosworth will replace him next year. Schroepfer, known as “Schrep,” has been at Facebook for 13 years and is a close friend of CEO Mark Zuckerberg. He called his decision difficult “because of how much I...
    Utah Republican Sen. Mike Lee vehemently criticized Facebook for the negative effects its platforms have on users, arguing the tech giant is acting like a monopoly. “This looks like the behavior of a monopolist that’s so sure its customers have nowhere to go that it displays a reckless disregard for its consumers,” Lee told Steve Satterfield, Facebook’s vice president of...