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“#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…
“#Lana Del Rey Says She Is Quitting Social Media: ‘I’m Going To Just Keep My Circle A Little Bit Closer’ ” Lana Del Rey is signing off social media for good. In a black-and-white video posted to Instagram on Saturday night, the 36-year-old singer announced that she’s deactivating all of her accounts at some point….
“# Novi-FT? Facebook’s NFT support may not drive crypto adoption ” Nonfungible tokens (NFT) have enjoyed quick adoption across the entertainment, media and sports space as the biggest brands, companies and individuals look to gain first-mover advantage in creating their own digital collectibles. These have come in myriad forms, and much like blockchain technology was…
“# Diem struggling to win over officials in Washington despite rebranding efforts ” Facebook’s ambitious digital currency payment project Diem is yet to get off the ground despite concerted attempts to win over financial regulators. According to The Washington Post on Friday, Diem is facing difficulties smoothening regulatory wrinkles with senior policymakers in the Biden…
“#Facebook ripped for ‘sexist job ads’ catering to men” Facebook has been accused of enabling sexist job advertising and breaking equality law. Campaign group Global Witness claims the tech giant has a biased algorithm that determines who will see a job ad and that it’s failing to crack down on discrimination. The group conducted an…
“#Facebook mum on staffer who may have broken law amid Cuomo harass claims” Facebook is staying mum about one of its employees who advised former Gov. Andrew Cuomo on how to handle sexual misconduct claims even as legal experts tell The Post the company could be on the wrong side of state lobbying laws. Facebook…
“#Facebook reads and shares WhatsApp private messages: report” Facebook’s encrypted messaging service WhatsApp isn’t as private as it claims, according to a new report. The popular chat app, which touts its privacy features, says parent Facebook can’t read messages sent between users. But an extensive report by ProPublica on Tuesday claims that Facebook is paying…