Former Twitter (TWTR) security chief Peiter “Mudge” Zatko will appear before the Senate Judiciary Committee on Tuesday to testify about what he says are widespread security failures at the social media company. The hearing, scheduled to begin at 10 a.m. E.T., will focus on the allegations Zatko made in a whistleblower complaint filed in July with the Securities and Exchange Commission, Department of Justice, and Federal Trade Commission, which alleges that Twitter’s overall… Source link
Read More »Whistleblower Frances Haugen: I believe in crypto
Whistleblower Frances Haugen, a former product manager who left her position at Meta (FB) last year and leaked thousands of internal company documents, told Yahoo Finance that she supports cryptocurrency for the same reason she disclosed the corporate secrets: Transparency. In a new interview, taped on Feb. 9, Haugen voiced enthusiasm for cryptocurrency and praised decentralized financial networks as a new type of system that emphasizes democratic governance and increased disclosure. “I do… Source link
Read More »Jan. 6 was ‘a colossal failure’ in tracking online extremism: former Homeland Security whistleblower
As a senior official at the Department of Homeland Security during the Trump administration, Brian Murphy got a close look at the failures ahead of the insurrection at the Capitol. His 26-year career at DHS and at the FBI focused on violent extremism and he watched, he said Thursday in a Yahoo Finance Live interview, as those departments failed in 2020 as an early warning system to the emerging threat from then-President Trump’s radicalized supporters. Officials, he says, “were intimidated… Source link
Read More »Facebook, Google, Apple, and others face a growing whistleblower movement
Facebook whistleblower Frances Haugen created an international media blitz earlier this year when she leaked tens of thousands of damning internal company documents to the Wall Street Journal and US government. Her disclosures so far have prompted public outrage and government investigations — and they’ve directed a spotlight at an increasingly powerful movement of tech workers who have been organizing to hold their companies accountable over ethical concerns ranging from workplace… Source link
Read More »Tesla ‘knew about the problem well before 2017,’ whistleblower says of alleged solar panel risk
A former Tesla (TSLA) quality engineer turned whistleblower says the electric car maker has known for at least four years that some of its solar panels could catch fire but failed to disclose or fix the problem. On Monday, Reuters revealed that complaints over the alleged hazards filed by the whistleblower are the subject of an ongoing investigation by the U.S. Securities and Exchange Commission. The agency confirmed the investigation in a Sept. 24 letter to the former engineer, Steven… Source link
Read More »Investors eye fallout from whistleblower, Apple privacy changes
Facebook will report its third quarter earnings after the bell on Monday, as the company grapples with a new avalanche of stories resulting from a whistleblower’s account of how it targets users, and the ripple effect of Apple changing its user data policies. Here’s what analysts are expecting from the company’s Q3 report, as compiled by Bloomberg: Revenue: $29.45 billion expected versus $21.47 billion in Q3 2020 Earnings per share: $3.17 expected versus $2.71 in Q3 2020 Family daily… Source link
Read More »Facebook stock faces ‘serious problems’ from whistleblower: Analyst
Following Facebook (FB) whistleblower Frances Haugen’s testimony before the Senate Commerce Subcommittee on Consumer Protection and an outage that prevented users from accessing services, the company’s shares began trading around 3% lower from the previous week on Wednesday. According to Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald, however, Facebook stock might not be as resilient as it has been amid other controversies. “[Fitz-Gerald Group is] very keen to invest in… Source link
Read More »Scared of Facebook whistleblower fallout? Take a look at these other tech stocks, analyst says
Facebook’s stock has hung in there amid the latest public controversy on how it operates. But if you are a Facebook (FB) investor and are getting concerned Zuck & Co. can’t stay teflon forever in the eyes of market goers, there are other ways to play the generally healthy tech space. “You play this by owning IAS [Integral Ad Science Holding]. They effectively do ad verification. So they ensure when an ad is shown it’s shown in the proper way. These ad insurance stories like IAS will… Source link
Read More »Institutional Investors Are Pressuring Boards To Focus On Whistleblower Protections. Could That Spur Change At Google?
A shareholder resolution calls for a third-party audit of Google’s whistleblower policies. SOPA Images/LightRocket via Getty Images A year after Alphabet’s board voted against a measure to review its whistleblower protections, one of its shareholders is pushing the measure again in the hope that institutional investors will bolster support for the effort in light of high profile firings at its subsidiary, Google and complaints of illegally spying on employees. Brought by Trillium… 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
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