Global internet companies Facebook, Google and Twitter and others have banded together and threatened to leave Pakistan after the South Asian nation granted blanket powers to local regulators to censor digital content. Earlier this week, Pakistan Prime Minister Imran Khan granted the Pakistan Telecommunication Authority the power to remove and block digital content that pose “harms, intimidates or excites disaffection” toward the government or in other ways… Source link
Read More »Hawley presses Zuckerberg on whistleblower complaint alleging Facebook coordination with Twitter, Google
Mark Zuckerberg, Jack Dorsey answer questions during the Senate Judiciary Committee hearing. Edward Lawrence with more. Sen. Josh Hawley, R-Mo., on Tuesday pressed Facebook CEO Mark Zuckerberg on a newly revealed whistleblower complaint alleging that Facebook employees coordinate with Twitter and Google employees to make certain content moderation decisions. Hawley said a former Facebook employee “with direct knowledge of the company’s content moderation practices” contacted his… Source link
Read More »Facebook and Google Extend Bans on Political Ads
Facebook Inc. and Alphabet Inc.’s Google plan to continue banning political ads on their platforms for the next several weeks to prevent confusion about election results, according to people familiar with the matter and an email reviewed by The Wall Street Journal. Facebook told advertisers in an email on Wednesday it plans to continue its postelection ban on political ads for “another month.” Google representatives have told some advertisers it is unlikely… Source link
Read More »Apple, Amazon, Facebook and Google all produce record sales amid Big Tech backlash
Federal antitrust charges against Alphabet Inc.’s Google; advertiser and user boycotts of Facebook Inc.; increasing scrutiny of Apple Inc. and Amazon.com Inc. by the news media and government regulators — all in the middle of a pandemic. Yet, when Big Tech reported earnings en masse Thursday, most of the effects felt by those companies appeared to be positive: Amazon AMZN, +1.52%, Apple AAPL, +3.70%, Facebook FB,
Read More »Cantwell report warns that Google and Facebook are killing local journalism as CEOs testify at Senate
Sen. Maria Cantwell discusses net neutrality at a 2017 town hall in Seattle. (GeekWire Photo / Monica Nickelsburg) The technology industry is pushing local journalism over the edge, according to a new report from the office of Sen. Maria Cantwell, a Democrat from Washington state. The report released Tuesday predicts that by the end of 2020, newspaper revenue will be down 70% compared to 20 years ago and broadcast revenues will dip more than 40%. The losses have created… Source link
Read More »Facebook, Twitter and Google face questions from US senators – BBC News
“[It] allows digital businesses to let users post things but then not be responsible for the consequences, even when they’re amplifying or dampening that speech,” Prof Fiona Scott Morton, of Yale University, .css-yidnqd-InlineLink:link{color:#3F3F42;}.css-yidnqd-InlineLink:visited{color:#696969;}.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{font-weight:bolder;border-bottom:1px solid… Source link
Read More »Better Buy: Facebook vs. Google
Two components of the FAANG group of stocks are Facebook and Alphabet, parent of Google. Both tech giants report third-quarter earnings on Thursday. Over the long term, both companies have been extremely strong outperformers with long growth runways, high margins, and huge returns on capital. However, both… Source link
Read More »Section 230 senate hearing with Facebook, Google, Twitter
The hearing comes less than a week before the US election and as social media companies have been bracing for an onslaught of misinformation and disinformation. In recent days, Facebook and Twitter have both taken action to slow the spread of some content, bringing about allegations of bias, censorship and even election interference. In a video released ahead of the hearing, the Senate Commerce Committee highlighted what it says are examples of social platforms’ actions against conservative… Source link
Read More »Twitter, Google, Facebook CEOs To Face Grilling From Republican Senators – CBS San Francisco
WASHINGTON (AP) — Less than a week before Election Day, the CEOs of Twitter, Facebook and Google are set to be grilled by Republican senators making unfounded allegations that the tech giants show anti-conservative bias. Democrats want to expand the discussion to include issues such as the companies’ impact on local news. The Senate Commerce Committee has summoned Twitter CEO Jack Dorsey, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai to testify for a hearing Wednesday. The… Source link
Read More »Lawmakers want to protect local newspapers from Google, Facebook
Sen. Ted Cruz, R-Texas, on breaking up big tech, the Bidens’ alleged corruption and confirming Judge Amy Coney Barrett for the Supreme Court. Some Senate Democrats are seeking to empower regulators to protect local news outlets, accusing tech giants such as Google and Facebook of “unfair business practices,” according to a new report by members of a key committee that will hear from the top industry executives this week. Released on the eve of the Senate Commerce Committee’s hearing… Source link
Read More »