Bezos, Zuckerberg over $6 billion richer since appearing before Congress 3 days ago

August 1, 2020 By Brett Wilkins At Wednesday’s House Judiciary Subcommittee on Antitrust hearing, tech CEOs Jeff Bezos of Amazon, Mark Zuckerberg of Facebook, Tim Cook of Apple and Sundar Pichai of Alphabet (Google’s parent company) took a beating from lawmakers who grilled them on everything from monopolistic business practices Read more…

Facebook bans Farrakhan, Jones and other ‘dangerous individuals’ for hate speech

The world’s largest social media network has banned what it called “dangerous individuals” who are known to disseminate hate speech. Facebook announced on Thursday that individuals including Nation of Islam leader Louis Farrakhan, far-right conspiracy theorist Alex Jones, white nationalist Milo Yiannopoulos, and organizations and media outlets including Jones’ Infowars Read more…

Facebook Fine, Ethics In Tech,

Facebook expects up to $5 billion FTC fine for privacy violation

Facebook said on Wednesday that it is setting aside $3 billion during the first quarter to pay down an expected Federal Trade Commission fine resulting from an investigation of the company’s privacy practices. The announcement came as the Menlo Park, California-based social media giant released better-than-expected first quarter financial results, Read more…

Elizabeth Warren, Break Up Big Tech

Elizabeth Warren wants to ‘break up Big Tech’. So do we.

Massachusetts senator and Democratic presidential hopeful Elizabeth Warren published a Medium post on Friday calling for the breakup of big technology companies in service of “protecting the future of the Internet” by encouraging competition and innovation. “Today’s big tech companies have too much power — too much power over our economy, our Read more…

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