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
5 Oct 2021
Website monitoring group Downdetector said Monday's outage was the largest such failure it had ever seen. While services maybe reconnected, Facebook still has to contend with damaging revelations from an ex-employee.
5 Oct 2021
Shares in Facebook slumped by almost five percent on Wall Street on Monday after its services – including Instagram and WhatsApp – were knocked offline for several hours by a technical problem. Technology shares in general saw a selloff too, including Facebook's rivals like Twitter. Around $6 billion was wiped off the personal fortune of CEO Mark Zuckerberg. Also today, oil prices have jumped after the latest decision by OPEC and its allies not to increase supplies at a faster pace.
5 Oct 2021
Facebook faced a large-scale outage of its dominant social network for seven hours. An IT security expert says "it didn't appear that Facebook thought through this kind of a situation."
5 Oct 2021
We take a look at the jabs, jokes and frenzy over Facebook's seven-hour outage. But first, the French press is widely covering a damning report about paedophilia in the French Catholic church. We also find out about the uncertain, perilous fate of a tanker off the coast of Yemen.
5 Oct 2021
The former Facebook data analyst is testifying before the US Senate following her explosive revelations about the tech giant's knowledge and negligence of its own harmful effects.
5 Oct 2021
Without access to social media, many users felt lost. Their explanations for the technical glitch ranged from wild conspiracy theories to the not-too-far-fetched concern that governments could be blocking the platforms.
9 Oct 2021
In Madagascar, some of the country's highest authorities are accused of bankrolling teams to create fake profiles on Facebook which then share biased or false information for political gain. These fake Facebook accounts stir up controversy, sing the praises of President Andry Rajoelina and criticise journalists and opposition politicians. The communications minister, accused of playing a key role, denies any wrongdoing. Our correspondents report.
6 Oct 2021
What did the planet learn from six hours without Facebook, WhatsApp and Instagram? The glitch triggered by an update on servers went on long enough to remind us how much we put our lives in the hands of a single social media behemoth. It was a chance to realise that we depend on Facebook for everything from private messages to real-time business communications and even payments. Livelihoods depend on it.
8 Oct 2021
In recent days, two former African presidents have been the targets of fake news. In DR Congo, a photo of Joseph Kabila has been circulating with the claim he stood alongside the former head of the rebel group ADF, which has links with the Islamic State group. Another video, meanwhile, purports to show a crowd of supporters of Alpha Condé gathering in Paris... although the man they are shouting in support of is not the ousted Guinean president and it wasn't filmed in Paris at all.
7 Oct 2021
Following revelations by whistleblower Frances Haugen and a global outage, the US company faces renewed scrutiny. It could mark a tipping point and prompt lawmakers to get tough on the tech giant.
10 Oct 2021
Users have been facing issues accessing the social media giant's apps and services for the second time in a week. The company said a configuration change was behind the outage, which is under control.
11 Oct 2021
Facebook is facing a historic crisis. Revelations by former data scientist-turned-whistleblower Frances Haugen have shed light inside the notoriously secretive tech giant. She says Facebook harms children, sparks division and undermines democracy in pursuit of astronomical profits. Her allegations are backed by the leak of tens of thousands of internal documents.
Latest
4 hours ago
A renounced Al Jazeera journalist was killed last week during an Israeli raid in the West Bank. Shireen Abu Akhleh was wearing a flak jacket with the word "press" clearly marked. Israelis and Palestinians have traded blame over who fired the fatal shot, while Israel has opened an investigation into heavy-handed police tactics used during Abu Akleh's funeral procession, which almost caused her coffin to fall to the ground. We get analysis with Sherif Mansour, Middle East and North Africa Program Coordinator at the Committee to Protect Journalists.
4 hours ago
In a UN Security Council briefing, Jeanine Hennis-Plasschaert said the streets in Iraq could "boil over" if political leaders were unable to end a political stalemate that has gripped the country for over seven months.
6 hours ago
As the 75th Cannes Film Festival gets underway, FRANCE 24's Olivia Salazar-Winspear brings us a glimpse of what its opening ceremony will involve, including a Palme d’Honneur for Forest Whitaker. We also take a look at the composition of this year’s jury, with French actor Vincent Lindon shepherding an artistic team who'll assess the features competing for the Palme d’Or. Plus we get a preview of the opening film "Final Cut", in which director Michel Hazanavicius declares his love for genre movies in a lighthearted French parody of a zombie horror slasher.
6 hours ago
Argentina is struggling to deal with spiraling food inflation, driven by soaring commodity prices worldwide, the war in Ukraine and the lingering effects of the pandemic. Millions in Argentina are relying on food aid.
8 hours ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
8 hours ago
Tiger Woods says he is feeling “stronger” than he did at the Masters ahead of the PGA Championship. Woods is still recovering from injuries he sustained to his foot and leg in a car crash last February. Woods made his return at the Masters in April but found the hilly terrain of Augusta tough, and he faded after two rounds.