Technology firms are “robot vacuum cleaners” sucking up valuable data in a way that can undermine competition, European Union antitrust chief Margrethe Vestager said in a speech on Tuesday.
Browsing: Facebook
Donald Trump and Emmanuel Macron’s governments have struck a deal to end a feud over France’s tax on some tech giants, the French president said.
Current and former central bankers in Jackson Hole, Wyoming, weren’t sure if Mark Carney’s idea for a virtual reserve currency is the answer, but they agree that the dollar’s dominance is a problem.
Mark Carney has laid out a radical proposal for an overhaul of the global financial system that would eventually replace the dollar as a reserve currency with a libra-like virtual one.
European Union antitrust regulators are already probing Facebook s two-month-old libra digital currency project.
Facebook is to allow users to clear data which has been linked to their account based on their activity on other websites.
The relationship between Donald Trump and the largest US technology companies has often been frosty but a common opponent – France’s plan to tax US tech giants – will bring the two sides together, at least temporarily.
Not content with monitoring almost everything you do online, Facebook now wants to read your mind as well.
Facebook said that the only people who were affected were those who agreed to have their audio messages transcribed. That makes it sound like users agreed to have their chats read by third parties. Not so.
Instagram is to test a new tool which will allow users to report content they believe is misinformation. The Facebook-owned social media platform said it would launch the new trial feature at the end of August.