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“# Facebook announces $50M investment fund tasked with developing its virtual metaverse ” Facebook has announced it will allocate $50 million to a two-year fund tasked with beginning work on realizing the firm’s vision for a virtual metaverse. A Sept. 27 announcement articulates Facebook’s roadmap for building its metaverse, with the funding slated to back…
“#Neo-Nazis are still on Facebook. And they’re making money” BRUSSELS — It’s the premier martial arts group in Europe for right-wing extremists. German authorities have twice banned their signature tournament. But Kampf der Nibelungen, or Battle of the Nibelungs, still thrives on Facebook, where organizers maintain multiple pages, as well as on Instagram and YouTube,…
“#Facebook says Instagram makes teens feel good about themselves” Facebook released another defense of its subsidiary Instagram Sunday, insisting that the popular photo-sharing app makes teen girls feel better about themselves. The company’s rebuttal comes after a damning investigation found that Facebook knew of the platform’s toxic impact on young people — and failed to…
“#Was Brian Laundrie Spotted On Video? ” Backseat investigators are having a field day with Brian Laundrie’s disappearance. As we’ve been reporting, the Laundrie family reported him missing shortly after his girlfriend, Gabby Petito, was reported missing on September 11. Now that Gabby’s body has been found and her death ruled a homicide, suspicions about…
“#How our culture and government gave too much power to Facebook” Capitalism offers an optimal paradigm to organize a virtuous society’s economic affairs. But virtue is a precondition for capitalism, not a product of it, and no modern phenomenon better highlights that distinction than the rise of addictive social-media platforms. This past week, The Wall…
“#YouTube Video Shows Gabby Petito’s Van In Grand Teton National Park Just Days After Last Contact ” Another clue in the disappearance of Gabby Petito has been revealed… On Sunday, a couple on a road trip across the country posted a video on YouTube of what appeared to be the 22-year-old and her fiance Brian…
“#FTC accuses Big Tech of using merger ‘loopholes’ to dodge antitrust scrutiny” Big tech companies have snapped up hundreds of smaller tech firms in recent years — and have improperly used “loopholes” to avoid antitrust scrutiny, according to the Federal Trade Commission. Critics say that acquisitions can be used by big tech firms to shut…
“#Facebook Learned Instagram Was Horribly Toxic For Teen Girls YEARS AGO — And Buried The Report! ” What fresh hell is it this time?? Look, we already knew Facebook had become the internet’s go-to repository for some of the most vile racism, insidious conspiracy theories, and unwanted attention from ex-boyfriends. And over the past few years,…
“#Instagram chief Adam Mosseri ripped for analogy defending social media” Instagram CEO Adam Mosseri is taking heat for for comparing social media to car crashes that kill people — after a report that found his platform is harmful to teen girls. “We know that more people die than would otherwise because of car accidents, but…
“# Law Decoded: The aftermath of El Salvador’s pioneering move, Sept. 6-13 ” Too much is happening in the realm of crypto policy and regulation to leave the biggest developments of each week without a roundup and at least some conceptual reflection. Starting today, we are getting back to decoding crypto law and everything around…