Genocide lawsuit: Meta defends itself as Rohingya people sue for £150bn December 7, 2021 Meta, the parent company of Facebook, has defended the actions it took to prevent hate speech against Rohingya muslims during the Myanmar genocide. Rohingya muslims are claiming £150bn in compensation from Facebook over its failure to crack down on groups inciting violence against the religious minority and algorithms which amplified and promoted hate speech. Yesterday, [...]
Post-Brexit rules for big tech give almost boundless power to the competition watchdog August 7, 2023 Post-Brexit rules for big tech were designed to allow more competition, but they effectively hand the reins to the Competition and Markets Authority without enough checks and balances, writes Liza Lovdahl Gormsen.
Twitter dodges Wall Street tech tumble despite missing analyst expectations February 10, 2022 Twitter appears to have avoided the wrath of Wall Street despite reporting a weaker-than-expected quarterly ad revenue and user growth this afternoon. The social media giant said it had made “meaningful progress” toward its goal of reaching 315 million users and $7.5bn (£5.5bn) in annual revenue by the end of 2023. Although ad revenue for [...]
Google’s Russian bank account seized as Big Tech crack down continues May 18, 2022 Russian authorities have seized Google's Russian bank account, making it impossible for its Russian office to function, the tech giant revealed today.
The importance of building a brand in the metaverse September 6, 2022 Charles Stanton, CMO of Forj, sets out the case for why you need to get involved in the metaverse before it's too late.
Ancient culture leapfrogging to first nation people’s self-sovereign identity February 9, 2022 Dr Jane Thomason discusses how first nations people have been quietly working to use blockchain to create a self-sovereign digital identity
Australia’s richest man files lawsuit against Facebook over scam ads February 3, 2022 Facebook is in hot water once again after an Australian billionaire launched legal proceedings against parent company Meta. Iron ore magnate Andrew Forrest today confirmed the launch of criminal proceedings against Meta in an Australian court, alleging that it breached anti-money laundering laws and let its platform be used to scam Australians. The Fortescue metals [...]
TikTok ups its child ad protections as the threat of EU sanctions looms June 21, 2022 TikTok has agreed to better protect children that use its platform in order to dodge the threat of possible sanctions from Brussels. The European Consumer Organisation (BEUC) filed a complaint to the European Commission in 2021, which said that the Bytedance-owned company failed to protect children from hidden advertising and inappropriate content. Following over a [...]
Crypto spot trading volumes drop as PayPal and Deutsche Bank bolster crypto offerings September 18, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) moved steadily up throughout the week.
The metaverse – a peep into the virtual world March 30, 2022 Crypto AM's Jonny Fry takes us by the hand and gently guides us through the mind-boggling world of the metaverse.