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  1. The tech giants have funded a bevy of political groups, including those producing positive polling, and engaged in other fingerprint-free tactics designed to deter regulators. David Espinoza appeared unhappy when Arizona joined scores of states investigating Google last year. The Phoenix-based owner of a shoe-and-leather store wrote in a local newspaper he was “amazed and a little dumbfounded” by regulators’ campaign to “change how digital platforms operate.” “The current system is working for small business
  2. TikTok, meanwhile, is joining the EU's code of conduct. The European Union wants tech giants to do more than they have to counter fake news for users on the continent. EU foreign policy lead Josep Borrell and European Commission values and transparency VP Vera Jourova have said Facebook, Google and Twitter should produce monthly reports on their efforts to stamp out disinformation campaigns. The officials are not only concerned about attempts by Russia and China to influence European politics, but the direct damage to people from COVID-19 misinformati
  3. Facebook and the Folly of Self-Regulation The company's new review board is designed to move slowly and keep things intact. Photo-Illustration: Sam Whitney; Getty Images My late colleague, Neil Postman, used to ask about any new proposal or technology, “What problem does it propose to solve?” When it comes to Facebook, that problem was maintaining relationships over vast time and space. And the company has solved it, s
  4. Facebook to let employees work remotely through the end of 2020 The social media giant doesn’t expect to have offices reopened before July Illustration by James Bareham / The Verge Facebook will allow most of its employees to continue working from home through the end of 2020, and the company doesn’t expect to reopen most offices before July 6th, a Facebook spokesperson confirmed to The Verge. CNBC first reported the news and said CEO Mark Zuckerberg would be making a formal announcement today.
  5. SAN FRANCISCO (Reuters) - Facebook Inc fired an employee who had criticized Chief Executive Mark Zuckerberg’s decision not to take action against inflammatory posts by U.S. President Donald Trump this month, citing his tweet challenging a colleague’s silence on the issue. FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020 Brandon Dail, a user interface engineer in Seattle, wrote on Twitter that he was dismissed for publicly scolding a colleague who had refused to include a statement of support for the Black
  6. MENLO PARK, Calif. (Reuters) - Facebook Inc (FB.O) will ban false information about voting requirements and fact-check fake reports of violence or long lines at polling stations ahead of next month’s U.S. midterm elections, company executives told Reuters, the latest effort to reduce voter manipulation on its service. The world’s largest online social network, with 1.5 billion daily users, has stopped short of banning all false or misleading posts, something that Facebook has shied away from as it would likely increase its expenses and leave it open to charges of censo
  7. Sources say the departure comes after the cancellation of the Rift 2 headset The big picture: Facebook has lost at least half a dozen high-profile executives in the last year that came aboard as a result of acquisitions. While it's not unsurprising that founders may not agree with a new owners' vision, the fact that so many people have departed in such a short period is telling. Oculus co-founder Brendan Iribe is the latest executive to leave Facebook. Iribe, who joined the social network when it acquired Oculus in 2014, announced his departure o
  8. In response to mounting criticism from consumers, citizens, and lawmakers, Facebook is pursuing a public relations blitz. The media giant wants to change people’s perceptions about how it is handling the scourge of misinformation and concomitant threat to elections presented by its websites and apps. Enter the “war room.” Facebook invited journalists from a number of publications—Fortune included—to visit a cramped conference room on the company’s Menlo Park campus inside which a squad of 20-or-so employees is tasked with valiantly defending democracy around the globe—f
  9. Members of Parliament from Great Britain and Canada are pushing to have Facebook CEO Mark Zuckerberg testify before them and answer questions about his company’s data privacy practices and disinformation being spread on the social media platform. “Given your self-declared objective to “fix” Facebook, and to prevent the platform’s malign use in world affairs and democratic process, we would like to give you the chance to appear at this hearing,” Damian Collins, chairman of Great Britain's Commons Digital Culture Committee, and Bob Zimmer, chairman of the Canadian parliam
  10. Facebook fell flat. The company failed to meet expectations for daily active users for the second consecutive quarter, legitimizing investor concerns of a weakened core user base for the social media giant. Facebook reported 1.49 billion daily active users globally in the third quarter, missing expectations of 1.5 billion. The company had seen 1.47 billion daily active users in June for the second quarter, also missing expectations for the period. The Menlo Park, California-based company delivered earnings of $1.76 per share on revenue of $13.73 billion. This beat consensus esti
  11. Vice News got Facebook to approve its purchases of ads under the names of all 100 U.S. senators, including Senate Minority Leader Chuck Schumer (D-NY) and Senate Majority Leader Mitch McConnell (R-KY), per a new report. Why it matters: Facebook's efforts at transparency in political advertising won't be effective if the platform does not verify the information users provide. Flashback: Vice also performed a similar test earlier this month, that saw ads approved in the names of Vice President Mike Pence, Democratic National Committee Chairman Tom Perez, and
  12. With the look of someone betrayed, Facebook’s CEO has fired back at co-founder Chris Hughes and his brutal NYT op-ed calling for regulators to split up Facebook, Instagram, and WhatsApp. “When I read what he wrote, my main reaction was that what he’s proposing that we do isn’t going to do anything to help solve those issues. So I think that if what you care about is democracy and elections, then you want a company like us to be able to invest billions of dollars per year like we are in building up really advanced tools to fight election interference” Zuckerberg told France Info while in Paris
  13. And so the threats begin... Twenty-four hours after Facebook and Twitter cut down a massive disinformation campaign operated by the Chinese state against pro-democracy campaigners in Hong Kong, the first report has emerged from Asia of "repercussions" as China looks to get even. The social media platforms are banned in China—what's at stake are the billions in ad revenue generated from Chinese companies targeting audiences overseas. The report in Wednesday's South China Morning Post, an outlet that is not state-controlled but has strong PRC insights, cited analysts claiming "
  14. As the apex inhabitant of the social media world, Facebook has come under considerable scrutiny for the content on its site. Critics have pointed to the bogus "news" items that have proliferated on the site as well as hateful posts deemed to be incitements to violence, and questioned the extent that Facebook's policies can discriminate against certain groups or ideologies. President Trump and congressional Republicans have frequently lashed out at the site with allegations of an anti-conservative bias, contending that its policies and the degree to which they are enforced disproport
  15. The European Commission is investigating the association’s governance and membership. Facebook's Libra cryptocurrency project is being probed again, this time by European Union antitrust regulators. The European Commission said it is "currently investigating potential anti-competitive behavior," related to the Libra Association, Bloomberg reports. In a questionnaire sent out this month, the EU authority expressed concerns that Libra would unfairly shut out rivals. The investigation, still in its early
  16. Facebook to ban users from Live streaming if they violate community rules A new one-strike policy comes after the livestreamed massacre in Christchurch. Facebook's Live streaming feature policy has changed. Picture Alliance Facebook said Tuesday it would ban users from its Live streaming feature for a set period of time if they violate certain community guidelines. The move is in response to the Mosque massacre that occurred in Christchurch, New Zealand, in March, in which a gunman livestreame
  17. On paper, they would seem to have little in common. Tun Khin is a human rights activist who advocates for the persecuted Rohingya Muslims in his home country of Myanmar. Jessikka Aro is a Finnish journalist who exposed the international influence of Russian propagandists at the Internet Research Agency long before the rest of the world had ever heard of them. Lenny Pozner is an American father who lost his 6-year-old son, Noah, in the shooting at Sandy Hook Elementary in 2012. Ethan Lindenberger is almost a kid himself, a high school student who’s become a vaccination proponent despite his par
  18. Breaking up Facebook? Try data literacy, social engineering, personal knowledge graphs, and developer advocacy Yes, Facebook is a data-driven monopoly. But the only real way to break it up is by getting hold of its data and functionality, one piece at a time. It will take a combination of tech, data, and social engineering to get there. And graphs -- personal knowledge graphs. The relationship with Facebook has gone from infatuation to passive-aggressive. People love to hate Facebook, often by sharing angry posts o
  19. It's the fourth time Facebook has removed Myanmar accounts for "coordinated inauthentic behavior." Facebook's fight against sham accounts in Myanmar isn't over. The social network said it pulled down more than 200 accounts, groups and pages from Myanmar for misleading users about their identity and purpose. Facebook has been subject to criticism that it didn't do enough to combat hate speech that fueled a genocide in Myanmar against the the Rohingya, a mainly Muslim group. It's the fourth network of fake accounts in Myanmar that Facebook identified this year. The s
  20. Right-wing politicians accused the platform of political bias — and Facebook quickly caved Conservatives have long contended that social media giants like Facebook harbor an anti-right-wing bias. And even though there’s basically zero evidence to support that, that hasn’t stopped the social platforms from taking these concerns seriously — often, to the detriment of acting on its other stated goals, such as curbing inaccurate or outright dangerous information. That appears to have been what happened in the battle over a video posted by Live Action, an anti-abortion organizatio
  21. WASHINGTON (Reuters) - U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook’s (FB.O) plan to build a digital currency called Libra “cannot go forward” until serious concerns were addressed, piling further pressure on the controversial project. Policymakers globally have already expressed serious concerns about the cryptocurrency, but the strong comments from the United State’s most powerful financial regulator further underscores the growing regulatory hurdles for the project. “Libra raises many serious concerns regarding privacy, mo
  22. Facebucks — There’s a big problem with Facebook’s Libra cryptocurrency "I don't understand how this is possible," an expert said of Facebook's approach. Enlarge Mark Zuckerberg is known for his boundless ambition. He's had a longstanding fascination with Caesar Augustus, the Roman emperor who (in Zuckerberg's words) "established 200 years of world peace." So having conquered social networking, Zuckerberg has his eyes on something bigger: reshaping the global financial system.
  23. LONDON (Reuters) - Bitcoin dipped almost 8% on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook’s Libra cryptocurrency project until concerns ranging from privacy to money-laundering were addressed. The original cryptocurrency initially fell 7.7% to $11,164 in early morning trade, following a 3.8% slide on Wednesday after Powell's testimony on monetary policy before the U.S. House of Representatives Financial Services Committee. It was last down 4.5%. Other major cryptocurrencies including
  24. For a decade, Christopher Reeves, an Uber driver in Seattle, used Facebook for everything: talking with friends, communicating with fellow drivers, meeting singles. But one day in June, as he was uploading photos from a comic book convention and a family trip to Disneyland, he found himself abruptly logged out. When Mr. Reeves, 32, tried to sign back in, the Facebook page said that his account had been disabled. It requested a photo to verify his identity. He took a selfie with his iPhone, but Facebook rejected it, as well as several other self portraits. Eventually he
  25. Following increased regulatory scrutiny, as well as previous Facebook scandals, some of Facebook’s Libra cryptocurrency partners are starting to distance themselves from the social media company, according to a Financial Times (FT) report . Over the past two years, ever since the Cambridge Analytica scandal happened, Facebook has remained under intensive regulatory scrutiny in more than one country. This means that any company directly associated with Facebook could also cross paths with governments around the world if Facebook gets into trouble with regulators. There
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