A bipartisan collective of House lawmakers introduced a bill on Tuesday that would require Big Tech providers like Facebook and Google to allow users to opt-out of content selected by algorithms, providing additional transparency regarding content. The bill, dubbed the Filter Bubble Transparency Act in the House (pdf), would make platforms with more than one…
Facebook Could Be Forced to Offer Algorithm-Free Option Under New Bipartisan Bill
Facebook Might Be Forced to Offer Algorithm-Free Option Under New Bipartisan Bill
November 10, 2021
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A bipartisan collective of House lawmakers introduced legislation on Nov. 9 that would require Big Tech providers such as Facebook and Google to allow users to opt-out of content selected by algorithms, providing additional transparency regarding content. The measure, dubbed the Filter Bubble Transparency Act in the House (pdf), would make platforms with more than…
NT COVID-19 Source Furious after ‘Sex Worker’ Facebook Slur
A Cairns woman who sparked the Northern Territory COVID-19 outbreak has said she was “livid” at the Facebook post made by the Northern Territory’s Chief Minister Michael Gunner, which labelled her a sex worker. The since-deleted post, which detailed her recent movements in the community while infectious, read: “She is a sex worker, she should…
LIVE: Facebook Whistleblower Haugen Testifies at an EU Parliament Committee Hearing
Facebook whistleblower Frances Haugen to brief EU lawmakers, who are now reviewing proposed tough EU tech rules, on the negative impact of big tech companies’ products on users.
Facebook Targets Apple’s 30 Percent Commission With Latest Move
Facebook Inc, rebranded as Meta Platforms Inc, announced its plans to sneak around Apple Inc’s infamous platform fees in an ongoing war between significant software companies and the iOS creator. Facebook would give eligible creators on its platform new custom links that allow them to accept payments directly, circumventing Apple’s 30 percent cut. Creators who…
Facebook to Form New Zealand Fund to Support Local Publishers
Facebook parent Meta Platforms Inc. said on Thursday it would invest in New Zealand to promote up-and-coming news publishers and boost their digital capabilities, a month after the social media giant landed in hot water with Australian media outlets over content licensing. The company, which did not disclose its investment amount, said its program would…
Apple and Facebook Clashing Could Be a Major Tech Story of 2022, Says Expert
Facebook Inc., or Meta Platforms’, foray into smartwatches, wearables, and mixed reality headsets is setting up the stage for a major clash with Apple Inc., as per Mark Gurman, an expert on the Tim Cook-led company. What Happened In the latest edition of his newsletter, the award-winning journalist pointed to a number of upcoming products…
Cathie Wood Snaps Up $63.8 Million in Facebook as Social Media Giant Sets Metaverse Ambitions
Cathie Wood’s money managing firm Ark Invest on Friday raised its exposure in Facebook Inc., a day after the Mark Zuckerberg-led social media company said it has changed its name to Meta to reflect its ambition beyond social media. The popular money managing firm bought 197,259 shares—estimated to be worth $63.83 million—in the Meta stock….
NTD Business Full Broadcast (Nov. 2)
President Joe Biden on Tuesday unveiled a new plan to slash methane emissions in the United States. What’s his goal and who will it impact? Facebook is removing most facial recognition technology from its platform. What’s the reason? And what does it mean for your account? Yahoo is completely quitting the Chinese market as the…
Facebook to Shut Down Facial Recognition System, Delete Data of 1 Billion Users
November 2, 2021
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Facebook Inc. on Tuesday announced it is shutting down its facial recognition system that identifies users in videos and photos, while claiming it will delete “facial recognition templates” of more than 1 billion people. “Regulators are still in the process of providing a clear set of rules governing its use,” Jerome Pesenti, vice president of…
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