A flaw in Facebook’s Messenger Kids app meant children could have come into contact with people not approved by their parents, the social network has confirmed.
Advocates and opponents of breaking up big technology firms are falling prey to some serious misconceptions
Regulators will need to “step up” to contain any dangers emanating from Facebook’s planned libra token, but shouldn’t attempt to crush the initiative, according to International Monetary Fund acting MD David Lipton.
US technology giants are headed for their biggest antitrust showdown with congress in 20 years as lawmakers and regulators demand to know whether companies such as Google and Facebook use their dominance to squelch innovation.
The US congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for libra was likely a public relations effort gone bad.
Peter Thiel, one of US President Donald Trump’s top Silicon Valley supporters and donors, took aim at Google and the hi-tech industry over the companies’ focus on global markets while brushing aside US interests.
The US Federal Trade Commission has voted to approve a fine of about US$5-billion for Facebook over privacy violations, the Wall Street Journal has reported.
Internet services such as search engines and social media platforms have increasingly been provided by a small number of very large tech firms. The blockchain could help consumers wrest control of their privacy away from them.