On Tuesday, Facebook announced a new policy banning ads promoting cryptocurrency, as a means of preventing what the company called “financial products and services frequently associated with misleading or deceptive promotional practices.” This means that advertisers – including companies that operate fully legal businesses – will be banned from the promotion of cryptocurrencies, including bitcoin, […]
Facebook Set for NSA Privacy Grilling as EU Court Greenlights Max Schrems Lawsuit…
The European Court of Justice (ECJ) has ruled Austrian activist Max Schrems can bring a case against Facebook over privacy violations, but that he can’t bring a class action suit against the social media giant. “@EUCourtPress decides: I can finally sue Facebook in Vienna over Privacy violations!” Schrems wrote on Twitter. “However, it limits consumer […]
How a Half-Educated Tech Elite Delivered Us Into Chaos…
One of the biggest puzzles about our current predicament with fake news and the weaponisation of social media is why the folks who built this technology are so taken aback by what has happened. Exhibit A is the founder of Facebook, Mark Zuckerberg, whose political education I recently chronicled. But he’s not alone. In fact […]
Hillary Clinton’s Lawyer Helped Facebook Avoid Political Ad Disclosures…
The top lawyer for Hillary Clinton’s failed presidential campaign helped Facebook avoid political advertisement disclosures years prior to acting as her general counsel, according to a new report. Facebook’s ad disclosure has become a major focus of the media in recent weeks after it was revealed that Russians had bought $100,000 worth of advertisements leading […]
Make Zuckerberg Testify…
Last week, after what must have been a series of extremely grim meetings in Menlo Park, Facebook admitted publicly that part of its revenue includes what appears to be politically motivated fraud undertaken by a shady Russian company. The social network, perhaps motivated by a Washington Post scoop on the matter…
Microsoft Discloses DREAMer Employees in Plea for DACA Continuance…
In a plea to President Donald Trump asking him to keep an Obama-era amnesty program for young illegal aliens, Microsoft revealed that it had an invested business interest in the program continuing. While lobbying the Trump Administration to continue adding young illegal aliens to the Deferred Action for Childhood…
Months After Calling the Prospect ‘Crazy,’ Facebook Brags About Its Ability to Swing Elections…
Facebook, whose founder Mark Zuckerberg called arguments that the tech giant helped swing the presidential election toward Donald Trump “crazy” and “extremely unlikely,” is now boasting of its ability to influence elections for pay…
Facebook Ordered to Pay $500M in Damages over VR Suit…
Facebook’s Oculus lost a case against game maker ZeniMax, leaving the tech company on the hook for $500 million. A jury ordered Facebook to pay $500 million in damages to ZeniMax due to theft of intellectual property on Wednesday. Facebook’s Sheryl Sandberg told CNBC’s Julia Boorstin that she was “disappointed in certain elements of the […]
Protesters Still Planning to March Along Zuck’s Wall…
Zuckerberg Drops Suits Over Estate Land Claims…
In an op-ed in the Garden Island newspaper, Zuckerberg said he and his wife, Priscilla Chan, have spoken with community leaders about the cultural and historical significance of the land and want to work together on a new approach. “Upon reflection, I regret that I did not take the time to fully understand the quiet […]