All Facebook articles – Page 6
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ArticleFTC looks worryingly timid in staying silent on Facebook
The FTC, by dragging its feet and keeping silent on a massive Facebook fine, raises concerns about its potential role as top cop on the data privacy beat.
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ArticleAfter another arrogant move, Facebook needs to be put in check
The social media company is hardly quiet about its crypto initiative, but nevertheless failed to see the materiality of creating a global payments system.
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ArticleFed Chair urges caution with Facebook virtual currency venture
Count Federal Reserve Chairman Jerome Powell and several members of Congress as concerned observers of Facebook’s planned foray into the world of virtual currency.
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ArticleU.K.'s CMA mulls new regulator to tackle Big Tech
The CMA, U.K.’s competition watchdog, explores whether a separate regulator is needed to oversee leading digital firms that have become “data monopolies” that stifle competition.
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ArticleVote: Would you give up social media use for lifetime data privacy?
Would you give up social media for life in order to guarantee a lifetime of data privacy? According to a study by global cyber-security company Kaspersky, nearly 4 in 10 (38 percent) consumers would.
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Despite critics, Facebook plunges into virtual currency
Amid growing antitrust scrutiny and data privacy complaints, Facebook is nevertheless expanding into the cryptocurrency space.
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ArticleBreaking up is dumb to do
Is splitting up big tech companies a cure for their outsized influence? Probably not.
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ArticleAntitrust argument the latest attempt to regulate Big Tech
Congress and presidential candidates alike are escalating their efforts to thwart the dominance of the tech giants.
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ArticlePrivacy groups launch GDPR complaints
European privacy rights groups have launched a campaign to stop social media platforms and internet search engines from “spying” on users through online advertising by filing GDPR complaints with nine EU data regulators.
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Google probe a sign U.S. getting serious about breaking up Big Tech?
The DOJ has reportedly been laying the groundwork for a Google-focused antitrust investigation in what seems to be the latest signal regulators have the tech giants in their crosshairs.
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Senators chide slow-acting FTC over Facebook fine
With reports that the FTC is still negotiating penalties for Facebook’s breach of a privacy-related consent order, Senators Josh Hawley and Richard Blumenthal urged the agency to “act swiftly to conclude its investigation.”
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ArticleFacebook appoints new general counsel
Facebook has appointed both a new general counsel and a vice president of communications as the social media giant faces mounting regulatory and public scrutiny—mostly around its privacy practices.
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ArticleU.K. gets tough on social media firms
Social media companies should beware new U.K. rules that say they’ll be subject to a new statutory duty of care making them responsiblie for their users’ safety.
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Facebook’s Zuckerberg supports U.S. version of GDPR
On his own company blog, Facebook CEO Mark Zuckerberg voiced his support for implementing a U.S. version of the European Union’s General Data Protection Regulation.
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HUD charges Facebook with facilitating housing discrimination
The Department of Housing and Urban Development is charging Facebook with violating the Fair Housing Act by “encouraging, enabling, and causing housing discrimination through the company’s advertising platform.”
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ArticleFacebook settles housing discrimination suit, ends ad ‘exclusions’
Facebook will pay $5 million and implement a series of anti-discrimination policies to settle a lawsuit brought against it by national fair-housing advocates.
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Presidential hopeful Warren pitches Big Tech breakups
Sen. Elizabeth Warren (D-Mass.), among the ever-growing field of Democrats running for President, might not see much support from Silicon Valley. She is proposing a breakup of Big Tech firms she feels are stifling competition.
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ArticleFacebook: Can a data privacy dog really learn new tricks?
Mark Zuckerberg, founder and CEO of Facebook, wrote a long, detailed blog post on Wednesday to announce new data security and privacy initiatives. Has he seen the light, or is this yet another false promise from the social media giant?
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Facebook facing probes in Ireland
Facebook is the subject of 10 investigations by Ireland’s privacy regulator into whether the company and its subsidiaries have violated European Union privacy law—part of 15 probes the regulator has opened up against major tech firms headquartered in the country.
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BlogFTC launches tech competition task force
Already under fire for data privacy lapses, Facebook, Google, and their fellow tech giants now need to worry about the prospect of retroactive merger reviews. The FTC announced the creation of a task force focused on investigating anticompetitive conduct in the tech sector.