Search results for "X"

Meta uncovers global disinformation battle; Congress talks 230 reforms

As governmental entities abuse social media platforms’ influence on a universal scale, Facebook released on Wednesday a report highlighting its takedown on global disinformation networks promoting false information to manipulate the public’s opinion. One thing the January 6 Capitol riot uncovered is that social media platforms, especially Facebook, have an influential effect on shaping the […]

'Buy now, pay later' catches on just in time for holidays

As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot Silicon Valley startups as well as a push by the big credit card companies, “buy now, pay later” is now available for purchasing […]

Haugen urges lawmakers to avert impasse on social media laws

Ex-Facebook employee and whistleblower Frances Haugen implored lawmakers Wednesday to avert the usual congressional stalemates as they weigh proposals to curb abuses on social media platforms by limiting the companies’ free-speech protections against legal liability. Still, Haugen urged caution in making changes to the 1996 law that provides legal protection both for content the platforms […]

Facebook: Fake scientist used to spread anti-US propaganda

A disinformation network with ties to China used hundreds of fake social media accounts — including one belonging to a fictitious Swiss biologist — to spread an unfounded claim that the U.S. pressured scientists to blame China for the coronavirus, Facebook said Wednesday. The company based in Menlo Park, California, did not directly attribute the […]

Semiconductor crisis to last till early 2023, Deloitte reports

Consulting firm, Deloitte, released on Wednesday its latest report addressing the ongoing global semiconductor crisis, with predictions of the crunch to last till early 2023. Deloitte’s research stated that even though the chip shortage crisis’ intensity will be far less severe than it is now, chances are customers will wait around 10 to 20 weeks for a […]

Meta’s co-founder of Diem Project, David Marcus to depart company

Top cryptocurrency executive at Meta Platforms Inc., David Marcus, publicized on Tuesday his departure from Meta’s Diem Project after seven years of service to pursue different entrepreneurial projects. Marcus joined Facebook’s team in 2014 to supervise the networking platform’s Messenger division. Then, in December 2017, he was reshuffled to take charge of the giant’s cryptocurrency […]

Money20/20 Successfully Re-Unites Global Fintech Community

Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies. This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more […]

Millennial Money: Sustain generosity beyond the holidays

2020 asked a lot from us. We faced new challenges and reckoned with old ones, and often the world’s problems collided with our own individual needs. Help — whether in donations or even just attention — might’ve been hard to give when you required some yourself. If your finances are in better shape this giving […]

Biden tries to reassure on COVID as he sells spending plan

President Joe Biden on Tuesday went to Minnesota to pitch his completed infrastructure deal and a giant social spending bill that he’s still trying to get passed, but also found himself reassuring the nation he would fight the evolving COVID-19 threat without resorting to “shutdowns and lockdowns.” Biden met with students at Dakota County Technical […]

Congress to hold a hearing to amend Section 230

Facebook whistleblower France Haugen is once again asked to testify to Congress on December 1, as a subcommittee will uphold a hearing to address future “targeted reforms” and to amend Section 230 of The Communications Decency Act. The leading directive force of the hearings will be the House Energy and Commerce subcommittee on communications and […]