Square Inc., the financial services and digital payments company co-founded and led by former Twitter chief Jack Dorsey, is changing its corporate name to Block Inc., it announced in a statement late Wednesday. The name change comes just days after Dorsey stepped down as CEO Twitter, which he helped found in 2006. Twitter named its chief technology officer, Parag Agrawal,…
Square Changing Name to Block to ‘Acknowledge Company’s Growth’
December 2, 2021
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Australia Govt Launches Inquiry Into ‘Toxic’ Content on Social Media
December 1, 2021
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The Australian Parliament will continue to put pressure on Big Tech companies by launching an inquiry into “toxic material” on social media platforms. The inquiry will follow legislative moves on the weekend that saw the government introduce new laws forcing companies like Twitter or Facebook to reveal the identity of users involved in “trolling.” “Mums…
NBC Producers Signal They Were Trying to Find Homes of Kyle Rittenhouse Trial Jurors
A man who was stopped while following a bus carrying Kyle Rittenhouse trial jurors last month told police officers that he was ordered to do so by his superiors and signaled the goal was to learn where the jurors lived, according to newly released body camera footage and a police report. A Kenosha, Wisconsin police…
Twitter Expands Privacy Policy One Day After Jack Dorsey Steps Down
November 30, 2021
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A day after Twitter co-founder Jack Dorsey stepped down as CEO, the social media firm announced sweeping policy changes targeting the sharing of photos or videos of individuals. “Beginning today,” Twitter said in a statement Tuesday, “we will not allow the sharing of private media, such as images or videos of private individuals without their…
Facebook Told to Sell Giphy by UK Competition Watchdog
Facebook’s parent company Meta has been directed to sell GIF-sharing platform Giphy by a UK watchdog over competition fears. The Competition and Markets Authority (CMA) said the decision was “protecting millions of social media users and promoting competition and innovation in digital advertising.” The independent CMA panel reviewing the merger concluded that the deal had…
CNN Reviewing Documents Showing Chris Cuomo Was Untruthful to Viewers
CNN is reviewing material released Monday that showed host Chris Cuomo was not truthful to viewers when he told them in August that he did not speak to fellow media members about the scandal that engulfed his brother Andrew Cuomo. “The thousands of pages of additional transcripts and exhibits that were released today by the…
Who Is Parag Agrawal, Twitter’s New Under-The-Radar CEO
With Jack Dorsey exiting the chief executive’s role at Twitter, the company’s board of directors unanimously voted to name Parag Agrawal as CEO and a member of the board, effective immediately. But for many people who are not actively following the company, the response to the news might have been “Parag Who?” Major Promotion The…
CNN’s Chris Cuomo Tapped Sources in Scramble to Help Brother During Sexual Misconduct Probe
November 29, 2021
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“I have a lead on the wedding girl,” CNN host Chris Cuomo texted a top official in his brother’s administration on March 4. Four months later, Chris Cuomo told investigators probing Andrew Cuomo, who was New York’s governor at the time, that he tapped sources he developed in his media job after his brother was accused…
Tech Rally Lifts Wall Street From Omicron-Driven Rout
November 29, 2021
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Bargain buying in technology stocks drove Wall Street higher on Monday following a slump related to Omicron, while the Dow Jones lagged its peers as major banks fell and investors awaited more information on the new coronavirus variant. The S&P technology subindex jumped 2.1 percent, indicating that investors were likely favoring pandemic-resistant technology stocks amid…
Italy’s Antitrust Regulator Fines Google, Apple Over Data Use
November 26, 2021
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ROME—Italy’s antitrust regulator has fined Alphabet’s Google and iPhone maker Apple 10 million euros ($11.2 million) each for “aggressive practices” linked to the commercial use of user data. The authority said in statement the two tech groups did not provide “clear and immediate information” on how they collect and use the data of those who…
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