In 2017, Facebook announced that it wanted to create a headband that would let people type at a speed of 100 words per minute, just by thinking. Now, a little over two years later, the social-media giant is revealing that it has been financing extensive university research on human volunteers. Today, some of that research […]
Facebook’s $5B Fine Blasted by Politicians and Consumer Advocates…
Politicians in both parties, technologists and even a former Facebook executive blasted the Federal Trade Commission on Wednesday for its $5 billion settlement with the social media giant. Critics took aim at the size of the fine, the lack of personal accountability leveled at any Facebook executives, the decision to offer immunity to past privacy […]
Amazon, Facebook Smash Lobbying Records…
DOJ Opens Broad, New Antitrust Review of Big Tech Companies…
The U.S. Department of Justice has announced a new and broad review of on-line tech companies to investigate if their activity is violating antitrust laws. The DOJ announcement explains: “Review Focuses on Practices that Create or Maintain Structural Impediments to Greater Competition and User Benefits.” According to the Wall Street Journal, “The new antitrust inquiry […]
Former Facebook Security Chief: ‘Completely Reasonable’ to Believe Foreign Governments Have ‘Subverted’ Big Tech…
Former Facebook security chief Alex Stamos recently backed billionaire investor and Trump supporter Peter Thiel on claims that foreign governments could have infiltrated the Masters of the Universe. Former Facebook security chief Alex Stamos recently backed up Paypal co-founder and Facebook board member Peter Thiel on his comments relating to the influence of foreign governments […]
How Social Media Is Making Us Dumb, Angry and Addicted…
A few years ago, I noticed that I really enjoyed reading on airplanes and wondered why. After a bit of reflection, I realized that it was because I wasn’t distracted by the temptation to check a device every now and then, allowing reading to be the kind of immersive experience I once took for granted. […]
Welcome to Social Government…
How is it that Facebook, who refuses to dox any of the violent Antifa terrorists that use its platform, are happy to give up the personal details of the Facebook user who anonymously uploaded a slowed video of Nancy Pelosi, within minutes, to some rando journalist on the phone? (How do you even call Facebook?) […]
U.S. Has ‘very serious concerns’ that Facebook’s Cryptocurrency Libra Could Be Misused by Terrorists…
Treasury Secretary Steven Mnuchin has concerns about Facebook’s proposed cryptocurrency and its potential illicit use. In a press conference Monday, Mnuchin said Facebook’s planned digital currency “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.” “Cryptocurrencies such as bitcoin have been exploited to support billions of dollars […]
Facebooks FTC Fine Will Be $5B — Or One Month’s Worth of Revenue…
The Federal Trade Commission and Facebook have reportedly agreed on a $5 billion fine that would settle the FTC’s privacy investigation into the social network. With Facebook having reported $15 billion in revenue last quarter, the $5 billion fine would amount to one month’s worth of revenue. The FTC voted 3-2 to approve the settlement […]
FTC Approves $5B Facebook Settlement Over Data Privacy Probe…
The Federal Trade Commission voted this week to approve a $5 billion settlement with Facebook to resolve a lengthy probe into the social media giant’s data privacy practices, according to a report on Friday. FTC commissioners approved the settlement by a 3-2 vote along party lines, the Wall Street Journal reported, citing sources familiar with […]
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