Tag Archives: Facebook

The vessel used to lay one of Google’s other subsea cables. Google Facebook and Google are planning to lay two huge subsea cables that will link the U.S. West Coast to Singapore and Indonesia, Southeast Asia’s biggest economy and home to a growing number of smartphone users.  The Echo and Bifrost trans-Pacific cables will increase the data capacity between the regions by 70% and improve internet reliability, Facebook said Monday. While Facebook is investing in both cables, Google is only… Source link

Facebook Inc (NASDAQ: FB) is planning two undersea cables, along with Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG), which will connect Southeast Asia with North America, Reuters reported Monday.What Happened: The two cables named — Echo and Bifrost — will be the first to go through a new diverse route across the Java Sea and will increase trans-pacific subsea capacity by nearly 70%, according to Kevin Salvadori, Facebook’s vice president of Network Investments. The cables will directly… Source link

By Fanny Potkin, Aradhana Aravindan SINGAPORE (Reuters) – Facebook said on Monday it planned two new undersea cables to connect Singapore, Indonesia and North America in a project with Google and regional telecommunication companies to boost internet connection capacity between the regions. “Named Echo and Bifrost, those will be the first two cables to go through a new diverse route crossing the Java Sea and they will increase overall subsea capacity in the trans-pacific by about 70%,”… Source link

Bloomberg Turkey Says April Rate Cut Shouldn’t Be Taken for Granted (Bloomberg) — Turkish central bank Governor Sahap Kavcioglu said markets shouldn’t take for granted that he’ll cut interest rates as soon as April, when he sets monetary policy for the first time since his surprise appointment.“I do not approve a prejudiced approach to MPC decisions in April or the following months, that a rate cut will be delivered immediately,” Kavcioglu said in a written response to questions… Source link

Things got personal Thursday during a virtual Congressional hearing to elicit testimony about misinformation online from three of the world’s most powerful CEOs, with lawmakers demanding to know what concerns Facebook’s CEO Mark Zuckerberg, and Alphabet’s CEO Sundar Pichai, had about social media’s impact on their own children. The issue of protecting children’s welfare, and particularly mental health, emerged as a major theme at the hearing before the House Energy & Commerce… Source link

Members of the House Energy and Commerce Committee pressed Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai and Twitter CEO Jack Dorsey about their platforms’ efforts to stem baseless election fraud claims and vaccine skepticism. Opaque algorithms that prioritize user engagement and promote misinformation also came under scrutiny. Rep. Mike Doyle, chair of the House subcommittee on Communications and Technology, said his staff easily found anti-vaccine content on Facebook, Facebook’s… Source link

The chief executives of Facebook, Google and Twitter were in the hot seat once again, as lawmakers grilled them Thursday over their companies’ alleged role in the proliferation of disinformation and misinformation online. The Silicon Valley chief executives have already faced questioning on Capitol Hill multiple times over the past few years. The deadly riot on Jan. 6 at the U.S. Capitol — and the apparent role social media played leading up to the event — loomed large over the virtual… Source link

US campaign group SumOfUS has reviewed dozens of social media accounts, pages and groups – and says that the tech platforms’ “policies, algorithms, and tools directly fuelled” violence. Twitter, Facebook and Google “came up massively short in preventing the escalation of violence,” its report concluded. Source link

[The stream is slated to start at Noon ET. Please refresh the page if you do not see a player above at that time.] The CEOs of Facebook, Twitter and Google return to Congress on Thursday to address the spread of misinformation on their platforms. In virtual appearances, the three executives plan to tell members of the House Energy and Commerce Committee about steps they’ve taken to combat the spread of false information on their services, particularly during the 2020 election and Covid-19… Source link

(Bloomberg) — The leaders of the three most popular social media platforms are at odds over the thorniest public policy question they face: who’s responsible for policing the content that appears on their pages. At issue is a decades old law that protects social media companies from liability over content posted by users. The heads of Facebook Inc., Alphabet Inc.’s Google and Twitter Inc. are all slated to appear before a House panel Thursday to testify about the spread of false… Source link