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“#FTC investigating privacy and data collection at top tech giants” The Federal Trade Commission said Monday it is launching a sweeping inquiry into the privacy and data collection practices of top tech firms such as Amazon, Twitter, Facebook and Google’s YouTube. The agency is asking the above tech giants, as well as Facebook subsidiary WhatsApp,…
“# US FTC digs into Big Tech’s centralized reservoirs of user data ” The United States Federal Trade Commission is making the giants of social media account for their user data practices. On December 11, the FTC published orders for special reports from unnamed social media companies. The commission’s stated aim for the reports is:…
“# China has no plan to replace USD with digital yuan, former PBoC head says ” The Chinese government is not seeking to replace existing fiat currencies with its own digital currency, according to a former governor of the People’s Bank of China, or PBoC. Zhou Xiaochuan, the president of the Chinese Finance Association and…
“#FTC faces shoestring budget in antitrust case against Facebook” Facebook is amassing big legal guns in a looming battle with the US government over antitrust allegations — but the feds are working on a shoestring budget. Mark Zuckerberg’s giant social network — which on Wednesday got sued by the Federal Trade Commission for allegedly using…
“# FTC sues Facebook in antitrust lawsuit as regulators mount offensive ” The United States Federal Trade Commission has filed a lawsuit against Facebook, Inc., where it alleges that the corporation has been engaging in anti-competitive practices ever since acquiring a dominant global position at the turn of the 2010s. According to public case files…
“#FTC announces lawsuit against Facebook for ‘illegal monopolization’” The US Federal Trade Commission (FTC) today announced its lawsuit against Facebook alleging the company has formed an illegal monopoly based on anticompetitive practices. According to a notice from the FTC, the suit involves the company’s Instagram, Messenger, and WhatsApp services as well as Facebook‘s alleged imposition…
“#Olivia Jade Gets Support From Sofia Richie, Candace Cameron Bure, & BF Jackson Guthy Post-Red Table Talk ” Olivia Jade may not have won everyone over with that appearance on Red Table Talk, but her support system kicked in to show some love. The would-be influencer shared some clips from the show on her Instagram,…
“#Olivia Jade Tries To Sell Her Redemption Arc On Red Table Talk — Watch! ” Olivia Jade has finally checked her privilege, and it only took a nationwide college admissions scandal for her to do so! The breakout star of Operation Varsity Blues sat down for her first interview since the news of the controversy…
“# Facebook hopes to launch its crypto and wallet in 2021, top exec says ” Global regulators should grant Facebook-backed cryptocurrency Diem “the benefit of the doubt” to greenlight its launch in 2021, a top executive at Facebook Financial said. David Marcus, the head of Facebook Financial, or F2, said that both cryptocurrency Diem and…
“# Carpe ‘Diem’: Lawsuit threatened over Facebook’s Libra rebrand plan ” Facebook has been hit with threats of legal action over its plan to rebrand the Libra stablecoin project to ‘Diem’ from a finance application of the same name. Facebook announced its plan to rebrand Libra on Dec. 1, with the firm claiming the new…