Fb must prevent looking to disrupt bills with Libra and concentrate on restore

Regulators usually take a look at firms’ intentions and former compliance after they input extremely regulated fields - which does not bode smartly for Fb.
Regulators typically look at companies’ intentions and previous compliance when they enter highly regulated fields - which doesn't bode well for Facebook.Original article
Author: Thenextweb

TNW is one of the world’s largest online publications that delivers an international perspective on the latest news about Internet technology, business and culture.

Thenextweb has recently written 11 articles on similar topics including :
  1. "Facebook today announced a new feature called Drives. No, thats not a drive in the sense of yet another cloud storage service, but instead in the sense of clothing drive or food drive". (November 24, 2020)
  2. "The leak of 533 million Facebook user records highlights how many of the systems we use arent designed to adequately protect our data from cyber criminals". (April 6, 2021)
  3. "If youre on Twitter, its very hard to escape discussions about Clubhouse the audio-based social network that lets you chat with other people in real-time. Its whipping up such a storm that Facebook has decided to make its own version". (February 11, 2021)
  4. "Facebook today posted a blog post detailing a three-year-old solution to its modern AI problems: an algorithm inspector that only works on some of the companys systems". (March 31, 2021)
  5. "It was only a matter of time: Facebook today launched an experimental Clubhouse competitor called Hotline, looking to capitalize on the increasingly popular social media format. As reported by TechCrunch,Hotline was developed by Facebooks NPE (New Product Experiment) division, which regularly doles out apps with new ideas (or, in this case, not so new)". (April 8, 2021)
  6. "Yann LeCun, Facebooks world-renowned AI guru, had some problems with an article written about his company yesterday. So he did what any of us would do, he went on social media to air his grievances. Only, he didnt take the fight to Facebook as youd expect". (March 12, 2021)
  7. "Facebook is rolling out a new tab in its main app called Facebook Shop. The company had introduced a similar tab on Instagram in July after it announced Facebook Shops its feature to turn pages into stores in May". (August 25, 2020)
  8. "Back in August, Facebook announced it would begin banning posts related to the QAnon conspiracy movement that supported acts of violence. Since then, the company has removed over 1,500 Pages and Groups for QAnoncontaining discussions of potential violence and over 6,500 Pages and Groups tied to more than 300 Militarized Social Movements". (October 6, 2020)
  9. "Facebook has been trying to get a foothold in the news space for many years. Last year, the company launched a dedicated section on its sitecalled Facebook News for users in the US. It also wants to expand this program to other countries such as Brazil, Germany, and India". (December 16, 2020)
  10. "When TikTok was banned in India last June, Instagram jumped on the short video bandwagon very quickly and launched Reels. The company rolled out the feature globally in August 2020. Now, its parent company Facebook is integrating Reels in the blue app". (March 9, 2021)
  11. "Did you know we have a newsletter all about consumer tech? Its called Plugged In and you can subscribe to it right here". (February 11, 2021)
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