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UK class action lodged against Meta seeks $3.1Bn for breach of competition law
12:01am, Friday, 14'th Jan 2022 TechCrunch
A competition legal expert, backed by a powerful litigation fund, is to mount a multi-billion class action for breach of competition law against Facebook/Meta on the basis that it abused its dominance of social networking in the UK for several years. If successful, the action would see Facebook having to pay out $3.1 billion (£2.3 []
January 6th committee subpoenas records from Twitter, Facebook, YouTube and Reddit
09:19pm, Thursday, 13'th Jan 2022 The Independent
The House select committee investigating the 6 January insurrection has issued subpoenas to Twitter, Reddit, and the parent companies of YouTube and Facebook for information relating to the spread of misinformation, efforts to overturn the 2020 election, domestic violent extremism, and foreign influence in the 2020 election after the companies spurned prior voluntary requests.
Meta shuts down its experimental video speed-dating service, Sparked
08:24pm, Thursday, 13'th Jan 2022 TechCrunch
Meta is shutting down a video speed-dating service it had tested over a good part of last year, the company informed the services users via a recent email. Last April, the company formerly known as Facebook confirmed it was testing a new dating service called Sparked, which was developed by its in-house incubator, the NPE []
Meta shuts down its experimental video speed-dating service, Sparked TechCrunch
08:24pm, Thursday, 13'th Jan 2022 TechCrunch
Meta is shutting down a video speed-dating service it had tested over a good part of last year, the company informed the services users via a recent email. Last April, the company formerly known as Facebook confirmed it was testing a new dating service called Sparked, which was developed by its in-house incubator, the NPE []
White House hosts tech summit to discuss open-source security after Log4j
03:36pm, Thursday, 13'th Jan 2022 The Verge
Tech companies including Google, Amazon, Facebook, IBM, and Microsoft will meet at the White House to discuss open-source software security in the wake of the major Log4j vulnerability.
270 Angry Scientists Cite MSM ''Fact Checks'' In Open Letter Urging Spotify To Censor Joe Rogan
03:27pm, Thursday, 13'th Jan 2022 Zero Hedge
270 Angry Scientists Cite MSM ''Fact Checks'' In Open Letter Urging Spotify To Censor Joe Rogan You knew it was coming Two weeks after Joe Rogan interviewed mRNA inventor Dr. Robert Malone on his podcast - which boasts 11 million viewers on average - an angry letter brigade of 270 doctors and scientists have written an open letter to Spotify to demand they censor Rogan and implement a Covid-19 "misinformation policy," so that people, even highly trained virologist-immunologists such as Malone, can''t contradict ''the science.'' Getting down to their core argument: In episode #1757, Rogan hosted Dr. Robert Malone, who was suspended from Twitter for spreading misinformation about COVID-19. Dr. Malone used the JRE platform to further promote numerous baseless claims, including several falsehoods about COVID-19 vaccines and an unfounded theory that societal leaders have hypnotized the public. Many of these statements have already been discredited . The links go to an instagram slideshow and three MSM ''fact checks'' - one of which doesn''t even discuss Malone, and say his actions are not only "objectionable and offensive, but also medically and culturally dangerous." And of course, just three of the signatories are immunologists , roughly 10% are nurses or nurse practitioners , and 33 are some type of ''assistant'' (professor, nurse, lab, etc.).
Phemex Aims to Lead the Blockchain Industry Into the Metaverse
12:19pm, Thursday, 13'th Jan 2022 Benzinga
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Technology has a reputation for being wildly unpredictable, yet there are always some who are able to forecast its path decades in advance. The Internet has been a part of our lives for over a decade, but the notion has been around for much longer. Even while streaming services have just begun taking hold in recent years, the first film was streamed over the Internet 30 years ago. Humans are intelligent creatures, continually inventing answers to possible future issues. However, they are mostly just sketches for solutions that predicate on years of technological improvements. That being said, this hasn''t prevented individuals from imagining the requirements of the future. The Metaverse is a futuristic vision that blurs the distinction between real and virtual worlds. It''s a spiritual successor to the Internet with the ability to transform both digital and physical infrastructures.
The Age Of Intolerance: Cancel Culture''s War On Free Speech
04:40am, Thursday, 13'th Jan 2022 Zero Hedge
The Age Of Intolerance: Cancel Culture''s War On Free Speech Authored by John W. Whitehead & Nisha Whitehead via The Rutherford Institute, Political correctness is fascism pretending to be manners. - George Carlin Cancel culture - political correctness amped up on steroids, the self-righteousness of a narcissistic age, and a mass-marketed pseudo-morality that is little more than fascism disguised as tolerance - has shifted us into an Age of Intolerance, policed by techno-censors, social media bullies, and government watchdogs. Everything is now fair game for censorship if it can be construed as hateful, hurtful, bigoted or offensive provided that it runs counter to the established viewpoint. In this way, the most controversial issues of our dayrace, religion, sex, sexuality, politics, science, health, government corruption, police brutality, etc.have become battlegrounds for those who claim to believe in freedom of speech but only when it favors the views and positions they support.
US stock market Elliott Wave analysis [Video]
02:52am, Thursday, 13'th Jan 2022 FXStreet
ELLIOTT WAVE ANALYSIS Tesla (TSLA) Amazon (AMZN) Apple (AAPL) Alphabet (GOOGL) Facebook (FB) Meta Platforms (META) Microsoft (MSFT) Technical Analysis
Facebook and Twitter failing to tackle fake review factories, says Which?
12:01am, Thursday, 13'th Jan 2022 Yahoo Finance UK
The fake review industry uses Facebook and Twitter to find people to give five-star ratings to mediocre products sold on Amazon.
The Antitrust Case Against Facebook Draws Blood
09:45pm, Wednesday, 12'th Jan 2022 WIRED
The latest ruling by a federal judge is a milestone for the effort to regulate Big Tech.
FTC Wants Facebook To Sell Instagram, WhatsApp, Federal Judge Gives Approval
08:43pm, Wednesday, 12'th Jan 2022 IBTimes
The FTC is pushing for Facebook to sell WhatsApp and Instagram, asserting that the company bought up its opponents to eliminate opposition
Meta Falls 36 Places On Glassdoors Annual Best Places To Work List
06:50pm, Wednesday, 12'th Jan 2022 ValueWalk
Meta Platforms Inc (NASDAQ:FB) fell from 11th to 47th on Glassdoors annual Best Places To Work ranking in the U.S., after enduring a controversy-ridden year. Major crises like the whistleblowers and the 7-hour outage were some of the hardest PR moments the company had to face. Q4 2021 hedge fund letters, conferences and more Glassdoor []
Metas real antitrust problems are only beginning
02:17pm, Wednesday, 12'th Jan 2022 The Verge
Photo by Amelia Holowaty Krales / The Verge Just over 13 months ago, the Trump-era Federal Trade Commission sought to break up Facebook . The lawsuit was a long time in coming it sought to unwind acquisitions that were made in 2012 (Instagram) and 2014 (WhatsApp) and, in its initial form, was laughed out of court . The FTC had not plausibly demonstrated that Facebook had a monopoly, Judge James E. Boasberg ruled at the time, and thus could not proceed. Still, Boasberg offered the FTC a second chance: re-file the case with more evidence to support its central claim, and perhaps it could go to trial. In the intervening months, President Trump had been dislodged from office, and antitrust crusader Lina Khan took the reins at the FTC. To no ones surprise, she took Boasberg up on Continue reading
Facebook could LOSE Instagram and WhatsApp in mega lawsuit how apps could change
12:50pm, Wednesday, 12'th Jan 2022 The Irish Sun
A FEDERAL anti-trust case against Meta, the firm formerly known as Facebook, has been given the go-ahead. Should the case succeed, the US tech titan could be forced to break up its alleged illegal monopoly by selling off its suite of social media apps. Change of face Under new ownership, the likes of Instagram, WhatsApp []
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