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, 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
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
© 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
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 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 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 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
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 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