13 09, 2019

Tech companies won’t wait for U.S. to act on social media laws, Microsoft’s president says

September 13th, 2019|Tags: , , , , |

Two red light trails at night

Microsoft Corp President and Chief Legal Officer Brad Smith said on Friday that technology companies are likely to change how they moderate online platforms in response to new laws from foreign governments, regardless of whether U.S. lawmakers act to change a U.S. law that has allowed social media platforms

Original article

6 09, 2019

WSJ News Exclusive | States to Launch Google, Facebook Antitrust Probes

September 6th, 2019|Tags: , , , , , , , , , , , , , , , , , , , , , , |

State attorneys general are formally launching separate antitrust probes into Facebook and Google starting next week, putting added pressure on tech giants already under federal scrutiny.

Original article

30 08, 2019

Facebook Said It Aced Brazil Elections. Internally, There Were Doubts.

August 30th, 2019|Tags: , , , , , , , , , , , , , , |

Sometimes privacy is just around the corner.

An internal analysis showed that Facebook fell short in its battle against suspicious behavior and misinformation on its site in the run-up to Brazil’s presidential election last year.

Original article

22 08, 2019

Facebook’s Libra Bets It Can Bank the Unbanked

August 22nd, 2019|Tags: , , , , , , , , , |

Facebook has an ambitious goal for its proposed cryptocurrency, Libra: to bring financial services to the hundreds of millions of people world-wide who don’t use banks or other traditional institutions. The cryptocurrency sector has for years tried to do the same and failed.

Original article

17 08, 2019

Harvard University Sold Apple and Facebook Stock — and Bought Alphabet

August 17th, 2019|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Harvard University’s endowment made some bold stock trades in the calendar second quarter.

Original article

12 08, 2019

EU Nears Decisions in Facebook Privacy Cases

August 12th, 2019|Tags: , , , , , , , , , , , , , , , |

The EU could begin to hit Facebook with decisions under the bloc’s new privacy law by the end of the year, raising the specter of billions of euros in fines and orders to change business practices.

Original article

10 08, 2019

Why Fund Managers Still Like Facebook Stock

August 10th, 2019|Tags: , , , , , , , , , , , , , , , , , , , , , , |

Facebook has seen a raft of problems, but its stock is up 45% this year. Some fund managers weigh in on why they like this controversial company. Hint: It’s partly about Libra, its cryptocurrency.

Original article