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Facebook Targeted in Scathing Report by British Parliament

New government regulation of Silicon Valley is needed, a parliamentary committee concluded after an 18-month investigation.
Tags: News, Privacy, Social Media, Silicon Valley, Collins, Zuckerberg, Great Britain, British Parliament, Facebook Inc, Computers and the Internet, Regulation and Deregulation of Industry, Mark E, Rumors and Misinformation, Damian (1974-, Facebook Targeted


Facebook Settlement With F.T.C. Could Run Into the Billions

The social media company is in discussions with regulators over claims that it violated a 2011 consent decree regarding user privacy.
Tags: Facebook, News, Consumer Protection, Federal Trade Commission, Facebook Inc, Workplace Environment, Fines (Penalties


Big hedge funds dumped China stocks, Apple as market tumbled

Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley giants like Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according to securities filings released on Thursday.
Tags: Apple, Money, China, businessNews, Silicon Valley, Apple Inc, Facebook Inc


India Proposes Chinese-Style Internet Censorship

The Modi government’s plan, which would require tech companies to automatically block a vast array of content, stifles free speech, critics said.
Tags: Twitter, News, Privacy, India, Censorship, Social Media, Instant Messaging, Modi, Google Inc, Facebook Inc, Computers and the Internet, Politics And Government, WhatsApp Inc


Google, Facebook Forced to Pay Creators Under New EU Rules

The new rules mean music producers and publishers could come gunning for more money from Alphabet Inc.’s Google and Facebook Inc. to compensate for the display of their songs, video and news articles. If artists and music producers refuse to grant platforms licenses, tech firms will be required to remove or block uploads.
Tags: Google, Science, Facebook Inc, Alphabet Inc, Google Facebook Forced


These Are the Wealthiest Towns in the U.S.

Its residents made an average of $450,696 in 2017, a $7,293 increase from the prior year, according to the annual Bloomberg Richest Places index. Billionaires who have called Atherton home include Google’s Eric Schmidt and Facebook’s Sheryl Sandberg. Both Google and Facebook Inc. have headquarters within 10 miles of Atherton, which is nestled inside the nation’s tech hub dubbed "Silicon Valley".
Tags: Google, Science, Eric Schmidt, Facebook Inc, Atherton, Bloomberg Richest Places, Facebook 's Sheryl Sandberg Both Google


Should Californians get a digital dividend from tech companies? Gov. Newsom says yes

California Gov. Gavin Newsom proposed a “digital dividend” that would let consumers share in the billions of dollars made by technology companies in the most-populous U.S. state. In his “State of the State” speech on Tuesday, Newsom said California is proud to be home to tech firms. But he said companies that make billions of dollars “collecting, curating and monetizing our personal data have a duty to protect it. Consumers have a right to know and control how their data is being used.” He went ...
Tags: Google, Facebook, Business, Technology, News, California, Government, San Francisco, Sport, Soccer, Gavin Newsom, Facebook Inc, Alphabet Inc, Newsom, California politics, Kartikay Mehrotra


Facebook Group of French Journalists Harassed Women for Years

The private Facebook group, called the Ligue du LOL, was behind waves of online mockery of women in journalism, often those who were feminists.
Tags: Facebook, News, France, Social Media, Sexual Harassment, Facebook Group, Facebook Inc, Cyberharassment, News and News Media, MeToo Movement, Ligue du LOL


India Seeks Access to Private Messages in WhatsApp Crackdown

Now U.S. social media pioneers Facebook and Twitter are in danger of suffering similar setbacks in what is perhaps the world’s most important emerging technology market. In the latest skirmish, the government is targeting Facebook Inc.’s WhatsApp, the popular messaging service increasingly important to its parent’s bottom line. Frustrated that the service has been used to incite violence and spread pornography, the government is pressing WhatsApp to allow more official oversight of online disc...
Tags: Facebook, Science, India, Facebook Inc


Google said to have hired microchip engineers to expand Bengaluru hub

Google has hired more than a dozen of microchip engineers in Bengaluru, India, in recent months and plans to rapidly add more, according to LinkedIn profiles, job postings, and two industry executives. This move comes in an effort to expand its program to design the chips of its devices internally. The Bengaluru site makes Google the first among the big internet platform companies developing their own chips and to establish a team for those efforts in what has become a leading hub for a semic...
Tags: Google, News, India, Blogging, Rumors, Facebook Inc, Bengaluru India, Intel Amazon com Inc Microsoft Corp Apple Inc, Intel Qualcomm Inc Broadcom Inc, Nvidia Corp Google


The Interpreter: When Facebook Spread Hate, One Cop Tried Something Unusual

With the social media company unresponsive, a police veteran in Germany is using shoe leather detective work to combat online misinformation and hate.
Tags: News, Police, Germany, Social Media, Facebook Inc, Refugees and Displaced Persons, Rumors and Misinformation


U.S. judge keeps documents secret in Facebook encryption case

A U.S. judge on Monday rejected a bid by two civil rights groups that had sought to force the release of documents describing a secret U.S. government effort to compel Facebook Inc to decrypt voice conversations between users on its Messenger app.
Tags: Facebook, Money, businessNews, Facebook Inc


As Indian election looms, Facebook steps up fact-checks

Facebook Inc is expanding its fact-checking network in India to curb the spread of misinformation as the world's largest democracy prepares for a general election that must be held by May, the U.S.-based social media giant said on Monday.
Tags: Facebook, Money, India, businessNews, Facebook Inc


Facebook expanding fact-checking in India before election

Facebook Inc said on Monday it is expanding its fact-checking network in India ahead of the country's general election due by May, taking another step to quell the spread of misinformation in its biggest market by users.
Tags: Facebook, Money, India, businessNews, Facebook Inc


Instagram Bans Graphic Images of Self-Harm After Teenager’s Suicide

Instagram and its parent company, Facebook, will no longer allow images of cutting and will make nongraphic photos of self-harm, such as healed scars, more difficult to find.
Tags: Facebook, News, Instagram, Molly, Social Media, Russell, Facebook Inc, Suicides and Suicide Attempts, Depression (Mental, Instagram Inc


Twitter Falls on Tepid Sales Forecast and Lackluster User Growth

The company also reported a decline in monthly active users, though it began reporting daily active users and showed growth in that metric. Twitter has been ramping up efforts to reduce abuse on its platform and root out fake accounts and election malfeasance, issues that have crimped user growth in a competitive digital-advertising market. The company’s share of the lucrative market is expected to decline this year as rivals like Facebook Inc. and Alphabet Inc.’s Google boost their dominance,...
Tags: Google, Science, Facebook Inc, Alphabet Inc


Social Media Q4 Earnings Roundup: Holiday Ads + Mystery User Numbers

Ad Revenue “It’s every bit as certain as death and taxes.” (Meet Joe Black, 1998) . . . And I’d add “holiday advertising.” Q4 2018 proved yet again that advertisers ramp up their media budgets in Q4 to get consumers to buy those holiday gifts. Facebook, Inc. (inclusive of its family of products: Facebook.com, Instagram, […]
Tags: Ecommerce, Social Networks, Social Media, Social Marketing, Earnings, Social Advertising, Facebook Inc, Meet Joe Black, Facebook com Instagram


Germany Restricts Facebook’s Data Gathering

The competition authority said the company could no longer combine data from different sources without explicit permission from users.
Tags: News, Germany, Social Media, European Union, Facebook Inc, Antitrust Laws and Competition Issues, WhatsApp Inc, Data-Mining and Database Marketing, Instagram Inc, Germany Restricts Facebook


How Facebook’s Tiny China Sales Floor Helps Generate Big Ad Money

In the southern Chinese city of Shenzhen, Facebook, working with a local partner, has found a way to overcome China’s internet blocks to make ad dollars.
Tags: Facebook, News, China, Censorship, Social Media, Online Advertising, Facebook Inc, Computers and the Internet, Politics And Government, Advertising and Marketing, Shenzhen (China, Meet Social, Shenzhen Facebook


How to Stop Facebook’s Dangerous App Integration Ploy

Its plan to combine Instagram, WhatsApp and Facebook Messenger entrenches its monopoly power, and the F.T.C. should step in.
Tags: News, Social Media, Facebook Messenger, Facebook Inc, Computers and the Internet, Antitrust Laws and Competition Issues, Stop Facebook


Snap user number beats Wall St estimate, shares soar

Snap Inc said the number of people using its Snapchat app would remain at current levels this quarter, easing worries the company would continue to lose users to rival Facebook Inc's Instagram and sending its shares up more than 20 percent.
Tags: Money, Instagram, businessNews, Wall St, Facebook Inc, Snap Inc


Snap user number beats Wall St estimate, shares jump

Snap Inc on Tuesday said the number of people using its Snapchat app was flat, beating Wall Street projections that it would continue to lose users to rival Facebook Inc's Instagram, sending the company's shares up more than 15 percent after hours.
Tags: Money, Instagram, businessNews, Wall St, Facebook Inc, Snap Inc


Snap user number flat, but beats Wall St estimate

Snap Inc on Tuesday said the number of people using its Snapchat app was flat, beating Wall Street projections that the company would continue to lose users to rival Facebook Inc's Instagram.
Tags: Money, businessNews, Facebook Inc, Snap Inc


Google Warns Data Privacy Changes Could Hurt Its Business

The company filed its annual report on Tuesday and added language that suggests it is adjusting to stepped up regulatory scrutiny and evolving consumer attitudes toward data and privacy online. “Changes to our data privacy practices, as well as changes to third-party advertising policies or practices may affect the type of ads and/or manner of advertising that we are able to provide which could have an adverse effect on our business,” the company wrote in the filing. As consumers and politicia...
Tags: Google, Science, Facebook Inc


China’s Online Censorship Stifles Trade, Too

When the Chinese government blocks foreign internet companies for political reasons, the United States should treat the tactic as the anticompetitive economic strategy that it is.
Tags: News, China, E-commerce, United States, Xi Jinping, JD.com, Zuckerberg, Google Inc, Facebook Inc, Computers and the Internet, International Trade and World Market, Mark E


Big Tech Is No Longer Carrying the Stock Market

The largest tech companies aren’t driving the performance of the market, and that shift doesn’t bode well for a march to new highs.
Tags: News, Apple Inc, Netflix Inc, Facebook Inc, Stocks and Bonds, United States Economy, Standard & Poor's 500-Stock Index, Amazon.com Inc, International Trade and World Market


Washington Trust Company Cut Its Facebook (FB) Holding by $421,480; Shares Declined; Csat Investment Advisory LP Position in Whirlpool (WHR) Has Decreased by $342,908 as Stock Declined - The Yomi Blog

   The Yomi Blog Washington Trust Company decreased its stake in Facebook Inc (FB) by 2.25% based on its latest 2018Q3 regulatory filing with the SEC. Washington Trust ...
Tags: Seo, Whirlpool, Facebook Inc, Csat Investment Advisory LP Position, Yomi Blog Washington Trust Company


Bulls Look to Alphabet Results to Keep Tech Rally Going

The search giant’s fourth-quarter revenue is expected to jump 21 percent to $31.3 billion as marketers spent more on Google ads to reach consumers online. Last week, Alphabet shares rose to the highest levels since October after scandal-plagued rival Facebook Inc. beat Wall Street forecasts and soothed investor anxiety about a privacy backlash by consumers and regulators. Shares of the Mountain View, California-based company rose 1.1 percent at 10:25 a.m. in New York on Monday amid a broader r...
Tags: Google, New York, Science, Facebook Inc, Mountain View California, Facebook Netflix Microsoft


The Putin I Knew; the Putin I Know

I met Vladimir Putin and trusted him in the early 1990s, when he was deputy mayor of St. Petersburg. Now that he’s Russia’s president, he’s different. He’s no friend of democracy.
Tags: News, Sweden, Putin, Vladimir Putin, Germany, Russia, St Petersburg, Trump, KGB, Facebook Inc, Whelan, Yeltsin, Sobchak, Vladimir V, Donald J, Relocation of Business


Facebook Turns 15: A Friendship No One Asked For

An honest Facebook friendship anniversary video for Mark Zuckerberg.
Tags: Facebook, News, Privacy, Social Media, Facebook Inc, Facebook Turns, Big Data (Movie