U.S. government has ‘unbelievable case against Facebook,’ says Zell
By Bloomberg
20 March 2018 |
3:36 pm
Equity Group Investments Founder and Chairman Sam Zell and Bloomberg's Luke Kawa discuss regulating technology companies.
Related
18 Oct 2021
Facebook has announced that it will expand in the European Union to build a new computing platform. It comes as the tech giant contends with concerns over its practices.
25 Oct 2021
An investigation suggests that Facebook has selectively chosen what hate speech it wants to shut down in India. Whistleblower Frances Haugen's disclosures come as she is set to appear before British lawmakers.
26 Oct 2021
Facebook reported an annual 17 per cent jump in third-quarter net profit, driven by an increase in daily active users and strong advertising sales despite the platform facing multiple controversies that have led to calls for tighter regulation.
27 Oct 2021
European Competition Commissioner Margrethe Vestager told DW in an interview that legal action against the tech giant could be endless, but regulation now could limit its damage.
28 Oct 2021
Facebook began this week by announcing more than $9 billion in quarterly profits, an increase of about 17 percent. The social media giant also announced that it now has close to three billion users. But all is not well on the Facebook front as Mark Zuckerberg’s platform has been facing a deluge of scathing reports.
29 Oct 2021
Facebook has changed its name to "Meta" in a shift away from social media and towards developing "the metaverse," a digital world that could be the next generation of the internet. Here's what they have planned.
2 Nov 2021
Frances Haugen said her former boss, Mark Zuckerberg, should step down and allow change instead of devoting resources to build the so-called "metaverse."
13 Nov 2021
Frances Haugen called on lawmakers in Brussels to seize the opportunity to create a "global gold standard" as they draft oversight regulation for tech giants.
17 Nov 2021
Facebook became Meta Platforms on October 28 and subsequently announced its grand plans for bringing the virtual and physical worlds together in the metaverse. Since then, tech and entertainment giants have been jumping on the bandwagon and staking their own claims as builders of a new reality. But what exactly is the metaverse and what are the risks associated with it? Peter O'Brien takes a closer look in this week's Tech 24, the first in a new live format.
17 Dec 2021
Many Facebook groups based in Mali and Nigeria began sharing a video of a helicopter on December 9, claiming it showed an aircraft delivering weapons to terrorists. In Mali, the posts often accused the French government of operating the helicopter, while posts coming from Nigeria laid the blame on the Nigerian government. In reality, the video is from neither one of these countries – it was filmed in the Central African Republic during a routine supply drop.
3 Feb 2022
For the first time since inception in 2004, Facebook lost about 5 lakh users on a daily basis during Oct-Dec 2021. That saw the shares of its parent company, Meta, plunge 20 percent on the exchanges, wiping off $200 bn in market capitalisation.
22 Feb 2022
Here are a few reasons to pick up a copy of The Guardian on Wednesday.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Friday.
1 day ago
The French-speaking province has become the latest wildfires hotspot in the country. Smoke from the fires has traveled as far away as New York, significantly hindering visibility and prompting air quality alerts.
1 day ago
The European Commission hopes that pushing ahead long-brewing trade deals with Latin American governments can boost the EU.
1 day ago
Feminists and human rights activists in Lebanon are speaking out against attempts to impose increasing restrictions on their lives in the name of "conservative values". This follows an attack on a woman at a beach in the southern city of Sidon, when an Islamic cleric and his followers told Mayssa Hanouni she didn't have the right to wear a bathing suit there before getting violent.
1 day ago
EU interior ministers are set to debate plans for stricter asylum rules. Will Germany throw a spanner in the works?
1 day ago
We look at reactions and videos after the devastating Kakhovka dam collapse that marks a new turning point in the war in Ukraine. The world of golf is rocked by a merger between rival Saudi-backed LIV and PGA leagues which is heavily criticised by the Western press. And: scientists have unearthed evolutionary links to human masturbation!