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” Meta fined €265M for allowing scrapers to steal Facebook’s centralized user data “ The Irish Data Protection Commission (DPC) announced on Nov. 28 that it has fined Facebook developer Meta €265m for breach of the European Union’s General Data Protection Regulation (GDPR). Specifically, the commission stated that it had fined Meta for failing to…
“Facebook fined $277M in Europe over data scraping probe” Ireland’s data privacy regulator imposed a $277 million fine on social media giant Facebook on Monday, bringing the total it has fined parent group Meta to about $1.04 billion. The penalty resulted from an investigation, started last year into the discovery of a collated set of personal data…
” Crypto is breaking the Google-Amazon-Apple monopoly on user data “ For decades, banks and insurance firms employed the same mostly static but highly profitable and centralized business models. Also for decades, Big Tech firms such as Facebook, Microsoft, Amazon, Apple and Google have monopolized user data for their profit. However, blockchain projects could significantly…
“Meta stock climbs on ‘false’ report Mark Zuckerberg planned to resign as CEO” Meta shares jumped 1% Tuesday on an apparently false report that top boss Mark Zuckerberg was planning to step down as CEO in 2023. The report — which was quickly denied by Meta — came as Zuckerberg faces mounting pressure from furious…
“Tech’s slow-motion crash is now Mayor Eric Adams’ problem” Not even a week after Facebook laid off 871 New York City employees and not even two after Twitter laid off 418 locals, Mayor Eric Adams announced the city’s deficits over the next 3 ½ years are $1.5 billion worse than he projected in July, for a total $13.4…
“At Least 5 Dead, 18 Injured In Shooting At A Colorado Springs LGBTQ Nightclub “ [Warning: Potentially Triggering Content] This is horrific news… A gunman opened fire at an LGBTQ club in Colorado Springs, Colorado on Saturday night, killing at least five people and injuring 18 others. During a press conference on Sunday, the Colorado…
” FTX names Kroll as claims agent, to update users on bankruptcy developments “ Bankrupt crypto exchange FTX has appointed restructuring administration firm Kroll as its agent to track all claims against FTX and ensure interested parties are notified of developments throughout its Chapter 11 bankruptcy case. Known as the “claims and noticing agent,” Kroll…
“FBI boss Wray can’t ‘be sure’ if Facebook sending agents user info” WASHINGTON — FBI Director Christopher Wray said Thursday he can’t “be sure” whether Facebook is sending the bureau user information without official requests — after a recent report alleged the social media giant is flagging up information with a “partisan” slant. House Judiciary…
” Dogecoin is on the cutting edge of future assets “ Attention is the lifeblood of Dogecoin (DOGE) and other memecoins. Much like earnings drive the price of corporate shares, the size and quality of attention captured by memecoins drive their price action. Successful crypto traders understand that DOGE and its kin are not just…
“Alabama Politician Who Once Allegedly Used N-Word In Public Meeting Arrested After Punching Black Mayor! “ Whoa. This is awful. Councilman John Thomas “Tommy” Bryant, a white politician in Alabama, has been arrested after punching Tarrant Mayor Wayman Newton, who is Black, after a heated conversation! This after another instance of alleged racism, too. SMH….