Between the FAANG quintet and China’s rivaling BAT companies, gains in the world’s top technology shares are nearing a whopping $1.7 trillion in market value this year. That’s more than Canada’s entire economy, and exceeds the worth of Germany’s biggest 30 companies put together. The eight tech giants — Facebook Inc., Amazon Inc., Apple Inc., […]
How Facebook Made Money Dividing the U.S. Into Adversarial Political Subgroups…
Earlier this month Facebook Chief Security Officer Alex Stamos threw a twittertantrum over accusations that Facebook’s algorithms promoted fake news in its users’ feeds: “I am seeing a ton of coverage of our recent issues driven by stereotypes of our employees and attacks against fantasy, strawman tech cos,” he wrote. “Nobody of substance…
Islamic State Is Apparently Selling Stolen Artifacts on eBay, Amazon, Facebook, WhatsApp…
An increased amount of looted antiquities from the Middle East are being sold on Amazon, eBay, Facebook and WhatsApp, The Wall Street Journal reported today. Some of these antiquities are believed to be sold by Islamic State. Several art collectors told The Wall Street Journal that they received Facebook messages from strangers offering…
Sen. Richard Burr Says Media Botched Russian-Social Media Story…
The Russian operatives who ran Facebook ads surrounding last year’s election ran four times as many ads in Maryland — a deep-blue state — than they did on the critical swing state of Wisconsin, the chairman of the Senate intelligence committee said Wednesday. Sen. Richard Burr, North Carolina Republican, also said of the 55 ads […]
Oversimplified Senate Intel Investigation…
Spinoff: Whatever the Reports About Russian Trolls Buying Ads Is Initially, It’s Way, Way Worse…
Here Are Two of the Russian-Bought Facebook Ads That ‘Helped Sway the Election’…
Democratic Sen. Christopher Coons of Delaware shared two Russian-bought Facebook ads Tuesday during a congressional hearing on the foreign adversary’s attempts to influence the 2016 U.S. presidential election. One post, published by a page called “Being Patriotic,” promoted an apparently phony event in Pennsylvania for “Miners for Trump” and advocated for coal-mining jobs. Another alleged […]
On Russia, Tech Doesn’t Know What It Doesn’t Know…
While the Senate has spent the better part of a year making sense of Russia’s actions to influence the 2016 election, tech made quick work of its own analysis — or so it thinks. The glacial pace of Congress is often criticized, particularly contrasted to the tech industry, which still moves fast and breaks things, […]
Forcing Internet Platforms To Police Content Will Never Work
For many years now, we’ve pointed out that whenever people — generally legacy content companies and politicians — started pushing for internet platforms like Google, Facebook and Twitter to “police” content, that no matter what those platforms did, it was never going to be enough. For example, after years of resisting, Google finally caved to […]
Another Ridiculous Lawsuit Hopes to Hold Social Media Companies Responsible for Terrorist Attacks…
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