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State AGs launch investigation into TikTok''s effect on children

08:23pm, Wednesday, 02'nd Mar 2022 MarketWatch
A coalition of eight state attorneys general on Wednesday said it has started an investigation into video-sharing platform TikTok and its potential harm to children, according to a Wall Street Journal report. The action builds on an investigation by the same group of AGs into Facebook parent Meta Platforms Inc.''s Instagram that focuses on similar concerns. The investigation is being led by AGs from California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee and Vermont, the group said. TikTok is owned by ByteDance Ltd. in Beijing. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
President Joe Biden hosted his first State of the Union Address Tuesday in front of members of Congress. In the speech, Biden discussed several items that he has already helped pass along with more future initiatives. Here is a look at stocks to watch after the State of the Union address. Pharmaceutical Companies : In 2016, then- Vice President Biden launched the Cancer Moonshot program the help boost spending on medical research to take on various types of cancer. In 2022, Biden announced plans to boost spending and reduce the death rate from cancer by 50% over the next 25 years. The Partnership for Accelerating Cancer Therapies includes 11 companies working to boost treatments for various types of cancers. The companies are AbbVie Inc (NYSE: ABBV ), Amgen Inc (NASDAQ: AMGN ), Boehringer-Ingelheim Pharma , Bristol-Myers Squibb Co (NYSE: BMY ), Celgene (owned by Bristol-Myers Squibb), Genetech (owned by Roche ), Gilead Sciences (NASDAQ: GILD ), GlaxoSmithKline (NYSE: GSK ), Janssen Research (owned by Johnson & Johnson (NYSE: JNJ )), Novartis (NYSE: NVS ), Sanofi SA (NASDAQ: SNY ) and Pfizer Inc (NYSE: PFE ).
Democrat first lady Jill Biden invited far-left former Facebook employee and fake ‘whistleblower’ Frances Haugen to attend the SOTU event.
Facebook parent Meta Platforms Inc (NASDAQ: FB ) will not realize its "metaverse" ambitions without drastic improvements in current telecoms networks, CNBC reports . Meta''s Oculus virtual reality headsets hailed as a gateway to some of these new metaverse experiences require low latency and higher upload and download speeds. "We need to develop a common language around the performance of networks," Meta … Full story available on Benzinga.com
UKRAINIANS living in Ireland staged a protest outside Facebook and Google’s Dublin headquarters urging the tech giants to remove all Russian state-backed propaganda from their platforms. Demonstrators were joined by equality group Uplift and called on employees of the global firms to consider their role in the crisis. The small group carried signs and had […]
Meta Platforms Inc (NASDAQ: FB ), which aimed to help people connect online, has discovered through internal research that its products can just as quickly have an isolating effect, Bloomberg reports . According to its internal research, photo memories can spark feelings of connection for some and sadness for others. A study from September 2018 based on whistleblower Frances Haugen''s documents found that ~36% of Facebook users reported feeling lonely … Full story available on Benzinga.com
In the latest trading session, 7.46 million Meta Platforms Inc. (NASDAQ:FB) shares changed hands as the company’s beta touched 1.42. With the company’s most recent per share price at $203.04 changed hands at -$0.45 or -0.22% at last look, the market valuation stands at $546.31B. FB’s current price is a discount, trading about -89.29% off … Meta Platforms Inc. (NASDAQ: FB): This Is The Year For Success Over The Next Few Months Read More »
Meta said late Tuesday that it is now globally demoting content from the Facebook pages and Instagram accounts of Russian state-controlled media outlets, making them harder to find across its platforms. Facebook posts containing links to Russian state-controlled media websites are also being demoted, and Meta said it will begin labeling those links and providing…

Lisa Smith lawyers claim Facebook in ''wholesale breach of privacy rights''

06:18pm, Wednesday, 02'nd Mar 2022 Independent Ireland
Lawyers for Lisa Smith, who denies membership of Islamic State, have told the Special Criminal Court that Facebook is involved in a "wholesale breach" of privacy rights by indefinitely storing users'' personal messages.
Facebook attempted a return to its roots as a college-focused social network with the fall 2020 launch of Campus, a private section within Facebook that was only open to those with an @.edu email address. However, the initiative didn’t succeed, as Facebook is now alerting users that Campus will fully shut down on March 10. […]
Facebook attempted a return to its roots as a college-focused social network with the fall 2020 launch of Campus, a private section within Facebook that was only open to those with an @.edu email address. However, the initiative didn’t succeed, as Facebook is now alerting users that Campus will fully shut down on March 10. […]
The legal team are objecting to the admissibility of messages sent using Facebook between Smith and known Islamist terrorists in Australia and Syria.
Counsel for accused says gardaí should not be allowed to benefit from ‘unlawfully’ stored messages
Editors at the Russian version of Wikipedia say the country''s communications regulator has threatened to block the site. They shared a notice from Roskomnadzor, which claimed a page about the Ukraine invasion includes "illegally distributed information," such as the number of Russian military casualties and those of Ukrainian civilians and children, according to Reuters . The regulator demanded that editors remove that information from the article, which is called " Russian invasion of Ukraine (2022) ." Roskomnadzor said that if editors don''t comply, it will block all of Wikipedia in Russia. Currently, new and unregistered users aren''t able to edit the article in order to protect it from vandalism. The article includes casualty estimates from both the Ukrainian and Russian governments, as Motherboard notes. As of Tuesday, it included claims from Ukraine that 352 civilians and more than 110 Ukrainian soldiers had been killed, while 1,684 civilians had been wounded. The country said Russia had sustained 5,710 Russian military casualties.
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