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
Read More »Takeaways from House hearing on disinformation with Facebook, Google and Twitter CEOs
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
Read More »Microsoft, Google trade barbs amid congressional hearing on news industry
Microsoft President Brad Smith tied Google’s success to the news industry’s destruction. Pixaby … Source link
Read More »Google trying to put Microsoft on the spot at SolarWinds hearing
The hearing: The Tuesday afternoon hearing — the first public congressional inquiry into the SolarWinds breach — will focus on the role that private companies have played in discovering, analyzing and sharing information about the breaches, as well as in fixing any underlying issues in their own products. The list: On Monday, Google offered up a list to lawmakers of more than a dozen questions that one Senate aide said were aimed at scrutinizing the security of Microsoft products, such… Source link
Read More »A guide to the ‘GameStop’ hearing
On Thursday the House Financial Services Committee will heat up the grill for five players in l’affaire GameStop (GME), late January’s stock market spectacle that saw the stock of the video game retailer skyrocket from the teens to well over $300 — and back down again to the mid-$40s. There has been a lot of confusion, conspiracy theories, complex market dynamics, loss, gain, and drama, and Congress hopes to clear up some of these things. Expect questions about conflicts of interest,… Source link
Read More »What the GameStop Congressional hearing will reveal to retail investors
One month after GameStop (GME) shares surged to record levels due to Reddit-fueled trading, Wall Street, online brokerage Robinhood and Reddit are facing probes by the Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC) and both chambers of Congress. During GameStop’s two-week meteoric rise, the S&P 500 dropped a whopping 5% from peak to trough. Wall Street felt the full brunt of the chaos. Hedge funds endured a gut-wrenching de-risking event comparable to the global… Source link
Read More »Cal Ripken Jr.’s head cameos at wife’s confirmation hearing
The Guardian Wilson to the Raiders? Watson to the Jets? NFL quarterback trade possibilities The coming months could involve a flurry of trades for some of the biggest names in pro football. Here’s a rundown of some of the most intriguing deals Deshaun Watson and Sam Darnold could both be on the move this off-season. Photograph: Steven Ryan/Getty Images Carson Wentz, Philadelphia Eagles Age: 28. Career touchdowns: 113. Career interceptions: 50. Career passer rating: 89.2 Why the Eagles could… Source link
Read More »EU lawmakers want Amazon, Apple, Facebook, Google CEOs at Feb. 1 hearing
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo. BRUSSELS (Reuters) – EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a Feb. 1 hearing in Brussels as they try to crack down on the powers of U.S. tech giants. The European Parliament will in the coming months provide input into proposals by the European Commission to force the companies to play fairly with rivals and to do more to tackle online fake news and harmful… Source link
Read More »EU lawmakers want Amazon, Apple, Facebook, Google CEOs at Feb. 1 hearing
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo. BRUSSELS (Reuters) – EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a Feb. 1 hearing in Brussels as they try to crack down on the powers of U.S. tech giants. The European Parliament will in the coming months provide input into proposals by the European Commission to force the companies to play fairly with rivals and to do more to tackle online fake news and harmful… Source link
Read More »Stocks, Treasury Yields Rise Before Yellen Hearing: Markets Wrap
The Canadian Press The Latest: Swiss hunt down virus variant in St. Moritz BERLIN — Swiss authorities have started mass testing residents and visitors in St. Moritz after a new variant of the coronavirus was detected in the upscale skiing resort. People were asked to register online and come in for free tests to a local gym and a beverage store on Tuesday, after two luxury hotels were put under quarantine Monday. All schools, kindergartens and skiing schools were closed. Officials said at… Source link
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