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“#FTC can proceed with Facebook lawsuit” The Biden administration was given another chance to pursue legal action against Facebook over claims that the social network is a monopoly. A federal judge rejected parent company Meta Platforms’ attempt to throw out the Federal Trade Commission’s antitrust complaint. The ruling by US District Judge James Boasberg on…
“# eToro rolls out smart portfolios for new metaverse investors ” Brokerage firm eToro introduced MetaverseLife, a new smart portfolio covering stocks and crypto-assets from within the growing metaverse industry, on Tuesday. The company stated that its goal is to offer a diverse range of investments made for long-term exposure. Currently included in the portfolio…
“#Facebook reveals how it really collects and uses your data” Facebook has just revealed a new Privacy Center feature that aims to provide an insight into what the app does with data. Privacy Center is currently only available for a small number of US users but there are plans to roll it out further in the coming…
“# Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs? ” Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover…
“#Heartbroken Friends & Family Of New Parents Who Died By Suicide Speak Out Following Tragedy ” [Warning: Potentially Triggering Content] The relatives of the two young parents who died by suicide days apart in the last week are speaking out about their loss. As we’ve been reporting, 24-year-old Florida law enforcement officer Clayton Osteen attempted suicide…
“#Facebook reinstates conservative Heroes of Liberty account” Facebook has restored access to an advertising account linked to the conservative children’s book publisher Heroes of Liberty — after the lockout sparked an outcry on social media. Heroes of Liberty, which has published biographies of figures such as Supreme Court Justice Amy Coney Barrett and former President…
“#Facebook tried to divide Dems, GOP over whistleblower: report” Mark Zuckerberg urged his employees not to apologize for Facebook’s ills as staffers called lawmakers in Washington, DC, in an effort to discredit whistleblower Frances Haugen, the Wall Street Journal reported Wednesday. In an effort to stop Democrats and Republicans from uniting in opposition to Facebook,…
“#Apple offers employees up to $180K bonus to stop defections to Facebook parent Meta: report” Apple is paying out surprise bonuses of up to $180,000 to software engineers in a bid to stop employees from defecting to other big tech companies including Facebook parent Meta, according to a new report. Select engineers across the company…
“#CES insists tech conference will go on despite big-name cancellations” Organizers of the annual CES tech conference in Las Vegas are putting on a brave face as Omicron spreads, insisting the show will go on — but some big names already are pulling out, On The Money has learned. Graphics chip giant Nvidia, JPMorgan and PepsiCo…
“#Meta investors push for action against ‘harmful content’ aimed at teens” Meta shareholders are pushing the Facebook and Instagram parent company to take a harder line against “harmful content” targeted at teens on its site, as well as coronavirus-related misinformation. A group of shareholders slammed Meta in a letter made public on Monday, criticizing the…