Billionaires Elon Musk and Jack Dorsey dismissed the so-called Web3 and criticized the involvement of venture capital firms such as Andreessen Horowitz in building out what some have called the next phase of the Internet. Web3, a vague term for a utopian version of the Internet that is decentralized, is based on digital record-keeping technology…
Addictive ‘Brain Hijacking’ Methods of Social Media Platforms Harmful to Users, Especially Children: Insider
December 21, 2021
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Big Tech, Censorship, and SocialismBrain HijackingCrossroadsEpochTVFacebookFeatured TopicsGoogleinstagrammetaSocial IssuesSocial MediaTechUSUS News
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Addictive “brain hijacking” methods used by social media giants to keep users on their platforms have harmful effects, particularly on children, according to industry insider Rex Lee, who says the companies may be violating child protection laws and consumer protection laws by employing such techniques. Lee, who has over 35 years of experience in the tech…
If You Invested $1,000 in Taiwan Semiconductor Stock One Year Ago, Here’s How Much You’d Have Now
Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust total return over the last 12 months is 26.2 percent. But there is no question some big-name stocks performed better than others along the way. Taiwan Semiconductor’s Bumpy Ride One company that…
Russian Man Charged in $82 Million Hacking, Insider Trading Scheme
BOSTON—One of five Russian nationals who authorities allege made tens of millions of dollars in illegal profits by trading shares of companies using information stolen during hacks of U.S. computer networks has been extradited to the U.S. to answer to the charges, federal prosecutors in Boston announced Monday. Vladislav Klyushin, 41, whose last name is…
Social Media App Parler Plans to Expand Into NFTs
Social media platform Parler said on Monday it will expand its business into non-fungible tokens (NFT), in a move that underpins the rapid growth of the digital asset in recent months. An NFT, which is a digital asset usually bought with cryptocurrencies or in dollars, encompasses everything from images, videos, to text. The ownership record…
YouTube TV Reaches Deal to Restore Access to Disney Channels
Alphabet Inc.’s YouTube began restoring access to Walt Disney Co. channels on its platform on Sunday, after the companies reached a distribution agreement to end a two-day blackout. YouTube wrote on Twitter that “we’ve reached a deal with Disney and have already started to restore access to channels like ESPN and FX.” Neither company disclosed…
Apple Delays Office Return Indefinitely
Apple Inc. has once again delayed its return to in-person work, this time pushing back from a previous office-return date of Feb. 1 to “a date yet to be confirmed,” as attested to by an internal company memo from CEO Tim Cook. This delay occurs just weeks after November’s announcement of the Feb. 1 date,…
Man Bypasses Facial Recognition on Sleeping Ex-girlfriend’s Phone by Lifting Her Eyelids, Steals Money
A Chinese man used his ex-girlfriend’s phone while she was asleep and bypassed facial recognition by lifting up her eyelids, successfully stealing money from her Alipay account. The identity theft case has stunned Chinese people and topped search charts of Weibo, China’s Twitter, on Dec. 12 with 490 million views. The Paper on Dec. 12…
YouTube TV Cuts Fees After Losing ESPN, Other Disney-Owned Channels In Failed Negotiations
Google’s YouTube TV has lost over a dozen Disney-owned channels, including ABC and ESPN after the two companies failed to strike a deal in last-minute contract renewal negotiations. The two companies said in separate statements Friday that the negotiations fell through and the Disney-owned channels would be dropped from the YouTube TV streaming service starting…
Survey Calls Facebook ‘Worst Company of 2021’
December 17, 2021
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesFacebookFeatured TopicsMedia & Big TechmetaverseSocial MediaTechUS
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Meta Platforms, formerly known as Facebook, was declared “the worst company of 2021” in the results of an audience survey conducted by Yahoo Finance. The poll, which surveyed 1,541 readers, saw Facebook receive 8 percent of the total votes for the ignominious distinction. Respondents were polarized in their assessments of the tech company and expressed…
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