Facebook owner Meta defended a change in its content policy after Russia mounted a criminal case and blocked Instagram in response to the move. Meta on March 10 announced a temporary change in its content policy that would allow users to express their views against Russia’s attack on Ukraine, allowing posts such as “death to…
Meta Defends Policy on Calls for Violence Against Russia After Country Blocks Instagram
Facebook Called Out For Vaccine Marketing Alliance
A health alliance formed by Facebook in June of 2021 has been funding research into “how best to use behavioral science, social media and digital platforms to build confidence in and access to vaccines.” Called the “Alliance for Advancing Health Online (AAHO),” members of the Facebook-led group include the World Health Organization, pharmaceutical giant Merck,…
Forecasters Weigh in on Tech’s Future as Meta and Other Stocks Tumble
From January 2021 to early 2022, big names in tech took a deep dive, with companies like Facebook/Meta, Netflix, Shopify, PayPal, Zoom, and Square leading the plunge. These companies have lost more than $1.1 trillion in market capitalization from their peaks during 2021, per analysis by A Wealth of Common Sense, a blog written by…
Here’s Why This Analyst Downgraded Facebook Parent Meta
Erste Group analyst Hans Engel downgraded Facebook parent Meta Platforms to Hold from Buy. Facebook invested 21.7 percent of revenue in research and development in the last quarter, and the intended reorientation toward virtual products and services offers new earnings potential in the future. However, the development of the new advertising revenues is associated with high costs, which…
Zuckerberg Promotes UK’s Nick Clegg to More Senior Role at Meta
Former deputy prime minister Sir Nick Clegg has been promoted by Facebook’s Mark Zuckerberg to a new role focused on regulation which puts him at the same level of seniority as the firm’s founder. The 55-year-old was recruited by Facebook in 2018 to be its head of global affairs as Zuckerberg sought to repair the…
Meta CEO Zuckerberg Promotes Nick Clegg to Lead on Policy Issues
Meta Platforms Inc. CEO Mark Zuckerberg said in a Facebook post on Wednesday that he had promoted policy chief Nick Clegg into a larger role to lead on all policy matters, signaling less involvement from Zuckerberg in the area. “We need a senior leader at the level of myself (for our products) and Sheryl (for…
Why Is Facebook Parent Meta’s Stock Trading Lower Today?
Alphabet Inc.’s Google looks to adopt new privacy restrictions to curtail tracking across apps on Android smartphones. Google’s plans for Android could drive an end to more than a decade of advertising practices across smartphones, the Wall Street Journal reports. The move would affect companies, including Meta Platforms Inc.’s Facebook, which has layered their code…
Meta to Pay $90 Million to Settle Facebook Privacy Lawsuit Over Tracking
Meta, Facebook’s parent company, has agreed to a $90 million settlement over a decade-old lawsuit which accused the social media platform of tracking users’ internet activity through browser plug-ins, even after they logged out of their accounts. A judge must now approve the settlement between Meta and the plaintiffs which was filed on Monday night…
Texas Sues Facebook Over Facial Recognition; Heritage: U.S. Economic Freedom Eroding | NTD Business
Texas is suing Facebook parent Meta, accusing it of illegally collecting facial recognition data without consent. The Heritage Foundation says America’s economic freedom is eroding. In the biggest deal ever in the semiconductor industry, chip giant AMD is buying up Xilinx in a $50 billion deal. We visit a New York City chocolate maker for…
Kara Frederick: Big Tech Totalitarianism and America’s Emerging Social Credit System
“It’s not just social media companies or your right to be on Twitter, your right to be on Facebook. It’s everything. Email delivery services, online fundraising platforms … It’s every aspect of your digital life,” says Heritage Foundation research fellow Kara Frederick. From Twitter to GoFundMe, digital platforms have shut down accounts, fundraisers, or online…
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