German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin

posted in: Germany, News

German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As reported by Reuters, on Sept. 17, German Vice-Chancellor and Finance Minister Olaf Scholz said during a … Read More

Google, Facebook, Amazon, Apple face antitrust probe by House

Google, Facebook, Amazon, and Apple face an antitrust investigation by the House judiciary committee. Photo by John Angelillo/UPI | License Photo Sept. 13 (UPI) — House lawmakers requested internal documents from Google, Facebook, Amazon, and Apple as part of an antitrust investigation examining … Read More

Finnish politician under ‘hate crime investigation’ for sharing Bible verse on Facebook

Police are investigating a Christian politician in Finland for an alleged “hate crime” because she shared a Bible verse on Facebook to criticize a national church that participated in LGBT Pride festivities. In the post, congresswoman Päivi Räsänen, a Christian Democrat, criticized the Evangelical Lutheran Church of Finland for participating … Read More

White House to convene social media summit after new Trump attacks

posted in: News, United States

© Greg Nash The White House said on Wednesday that it will hold a social media summit next month amid President Trump’s fresh attacks against internet platforms over allegations of anti-conservative bias. White House spokesman Judd Deere told The Hill in … Read More

Emmanuel Macron, Facebook’s Zuckerberg Will Meet To Clamp Down On HATE SPEECH

posted in: European Union, News

AP Photo / Francois Mori France has formulated draft legislation scheduled to hit Parliament’s agenda in the coming months to compel platforms like Google, Facebook and Twitter to remove hateful content within 24 hours or face heavy fines. Facebook CEO … Read More

Germany seeks to reduce Facebook, Google power

posted in: Germany, News

Germany outlined measures designed to curb the increasing dominance of internet giants, including Google and Facebook, by boosting the powers of its competition regulator. Reuters reported the initiative could see more restrictions placed on the bigger players from acquiring smaller rivals, … Read More

Facebook uncovers new global misinformation operations

Facebook has identified and banned hundreds of accounts, groups and pages engaged in misleading political behavior, a far larger discovery than a “sophisticated” effort it reported three weeks ago with great fanfare. The social network said Tuesday that it had … Read More

Facebook removes pages linked to Iran, Russia influence campaigns

posted in: News, Russia

Facebook announced Tuesday that it had removed more than 650 pages, groups, and accounts for what the social media giant termed “coordinated inauthentic behavior” that originated in Iran. The company also said that, unrelated to the Iran activity, it had … Read More

‘Survival of our democracy’ depends on banning sites like InfoWars, Dem senator says

posted in: News, United States

Sen. Chris Murphy, D-Conn., is calling on other tech companies to ban more sites like InfoWars, and says the survival of American democracy depends on it. “Infowars is the tip of a giant iceberg of hate and lies that uses … Read More

Facebook’s $100 billion-plus rout is the biggest loss in stock market history

Facebook on Thursday posted the largest one-day loss in market value by any company in U.S. stock market history after releasing a disastrous quarterly report. The social media giant’s market capitalization plummeted by $119 billion to $510 billion as its stock … Read More

1 2