US technology stocks exploded, helping the Nasdaq become the only rising stock index among the three major US stock indexes. The US’ large technology stock portfolio FAANG (Facebook, Apple, Amazon, Netflix, Google) collectively rose intraday to a market value of total new 940.68 Yi dollars.
Tag: Facebook
DOJ Hits Google with Antitrust Suit
According to reports, the US Department of Justice filed its long-awaited antitrust lawsuit against Google, and it could take a judge to spin the market-value of the search and advertisement giant worth $1 trillion. The big economies worldwide seem to be starting to take steps against Google, and the United States alone is not the problem.
The Democratic Party’s Drastic Role Reversal Regarding Their Policy and Constituents
Many Democrats, not only believe their party has moved too far left, but it has become the party of big business and the extremely wealthy. Although President Trump is a billionaire, he is able to identify with average working Americans. The hypocritical, biased media has worked hard to continue this myth. All of the corrupt biased media companies are run by Trump hating Democratic millionaires:
Bernie Sanders Warns About Trump Plot to Delegitimize Elections
Vermont Senator Bernie Sanders has warned that US President Donald Trump will most likely use a slew of schemes to hold on to power if he loses in the November elections. Speaking during a phone interview with the New York Times earlier this week, he stressed that voters and lawmakers alike have to be vigilant.
India to Investigate Pro-BJP Bias on Facebook
Parliament’s standing committee on information and technology will investigate allegations of bias by Facebook on accounts linked to BJP. Chairman of the committee, Congress MP Shashi Tharoor has said that this topic is within the scope of the committee’s work and Facebook will definitely be asked for an answer in this regard.
Facebook & Twitter Remove Trump Post for False Information
Facebook and Twitter removed posts by US President Donald Trump and his campaign Wednesday in which they declared that children were “almost immune” to the coronavirus. Facebook removed the post containing a video clip from an interview Mr. Trump gave to Fox News.
Australian Bill Would Force Tech to Pay for News
The Australian Government has proposed a bill which would require Facebook and Google to pay for news. Federal Treasurer Josh Frydenberg said the code would “create a level playing field” between the two.” Many news outlets have been shut down this year due to declining revenues.
The Inquisition
The headlines read loud and clear, “Trump says he’ll ‘bring fairness’ to Big Tech via an executive order if Congress doesn’t take action.” But can an Executive Order really bring a sudden change? Can it deter people from browsing Google, from buying Apple products, from ordering groceries, books etc from Amazon, or stop using Facebook, Whatsup or Instagram?
Why There Can’t Be Slavery Reparations – History Lesson on Slavery
Over the past few years Americans have been hearing about possibly having to pay for slavery reparations to the descendants of slaves that have long since passed. Recently to the tune of 6.2 quadrillion dollars. This article will show why said reparations will be widely voted against.
European Court Strikes Down EU-US Privacy Agreement
On Thursday, the European Court of Justice in Luxembourg struck down the EU-US “Privacy Shield” agreement. The ECJ ruled Thursday that Standard Contractual Clauses, used by companies operating in Europe, were a valid way to transfer data, but invalidated the use of the Privacy Shield framework.
Microsoft, Zoom Won’t Comply with Hong Kong Law
After the entry into force of the controversial National Security Act, the leading US technology company, Microsoft, and the recently popular video software, Zoom, joined the ranks of other technology companies in refusing to cooperate with Hong Kong. Specifically, they would temporarily not comply with the government’s requests for personal data.
UAE Launches New Media Academy
UAE social media influencers have welcomed the launch of New Media Academy stressing that it will help build a new generation of professionals equipped with digital media skills and content creation capabilities.
Dr Sultan Ahmed Al Jaber, Minister of State and the Chairman of UAE National Media Council (NMC), said the New Media Academy represents a qualitative addition to the media sector that contributes to enhancing the skills of young cadres and empowering them with knowledge and expertise. “The initiative enhances the opportunities associated with the new media industry, by creating a new generation of influencers who will highlight the country’s achievements and promote the spread of UAE messages in accordance with the best global practices,” he said.
Facebook, Twitter Remove Video Posted by Trump
Both Facebook and Twitter have removed a clip posted by US President Donald Trump on his social media accounts. The clip posted features two kids of different races running on a sidewalk and embracing. The video had one segment doctored to seem like the black kid was running away from his white friend.
Facebook, Vietnam Cooperate to Promote Tourism
Facebook has just announced cooperation with Vietnam’s Ministry of Planning and Investment, as well as Vietnamese businesses, to launch a tourism promotion program. The goal of “Proud Vietnam” will be to promote the recovery of the industry after the COVID-19 epidemic.
Billionaires Back Biden, Trump Tangles with Twitter
Democratic presidential candidate Joe Biden is about to get some serious backing from some of Silicon Valley’s top tech billionaires. The list includes Steve Jobs’ widower Laurene Powell Jobs, LinkedIn CEO Reid Hoffman, Facebook co-founder Dustin Moskovitz, and former Google CEO Eric Schmidt.
Germany Warns Against Using WhatsApp in Wake of European Parliament Data Leak
The German Government warned federal employees against using the WhatsApp messenger. The information became available on May 17 via Handelsblatt, a leading German-language business newspaper published in Düsseldorf by Verlagsgruppe Handelsblatt. It was founded in the 1946. The newspaper claims the source of this announcement is a letter from the German Government Commissioner for Data Protection Ulrich Wolfgang Kelber. He sent the letter to all the ministries with a warning.
Facebook To Install Underwater Cable Around Africa – Is it Possible Security Threat to the West?
Facebook is planning to start a project dubbed “2 Africa.” Interestingly, Facebook is going to work with China mobile, MTN from South Africa, French Orange and Vodafone. It also plans to engage local African providers. Alcatel Submarine Networks will provide the underwater cable system. Alcatel Submarine Networks is a part of the Nokia group.
Shopify Joins Libra Crypto Project
Shopify, a major online shopping platform, has just joined the Libra organization. Joining the consortium will give the program greater credence while allowing the company to increase its payment modes. Libra has experienced some major exits in the past year. Companies such as EBay, Stripe, PayPal, and Mercado Pago, a Latin online payments firm, revoked their membership just a short while after joining.
Bitcoin Exceeds $10k Barrier, Highest Rate Since October
The Bitcoin cryptocurrency crossed the $10,000 barrier, its highest rate since last October. News sources reported that Bitcoin recorded a rise of 2.6 percent yesterday to reach $10,000, achieving an increase of about 40 percent so far this year. Bitcoin has recorded a rise of 1.2% since 5:00 PM on Friday (EST), to reach $9,863 at 12:00 in New York, according to the cryptocurrency trading platform (Bitstamp), based in Luxembourg.
Twitter Announces New Rule against Deepfakes and Manipulated Content
Twitter has announced that it will now combat deepfakes more aggressively, especially those that look deceptively real and are created for manipulation purposes. The social media company stated on Tuesday that such videos are particularly explosive during election campaign times, and will in the future be either specially tagged or removed from the platform.
Which Social Advertising Platforms Should You Invest In?
Trying to promote your business, brand, or product is much easier now than a decade ago, but it still requires l hard work. People use social media platforms daily, so advertising on these platforms is essential. What is social media advertising? Let’s explore some social media advertising examples to find the best app or site for your business.
Fight for Worldwide Digital Tax in Crucial Phase
At a conference of the Organization for Economic Co-operation and Development (OECD) in Paris, more than 130 countries reached an important agreement, to develop, by the end of 2020, new tax rules for Internet companies, the so-called “digital tax.” This is considered one of the main problems in the modern economy, because American Internet companies receive multibillion-dollar revenues in the European market, paying almost nothing to the local treasury.
Jeff Bezos Fortune Raises Nearly $8 Billion in One Day
At a time when US stock markets were making a sharp loss last Friday while the S&P 500 index falling at its worst since October last year, American businessman Jeff Bezos was making a fortune. By the end of last week, Bezos ‘fortune amounted to $124.2 billion, up $7.9 billion from Thursday. Amazon’s shares rose by 7.4% after quarterly results in the fourth quarter of last year that exceeded analysts’ expectations.
At 26.9% CAGR, Chatbot Market Size to Surpass $2306.3 Million by 2025
The global Chatbot market is valued at $435.2 Million in 2018 and expected to reach $2306.3 Million by 2025 with the CAGR of 26.9% over the forecast period. Growing popularity of online messaging applications is the key factor contributing to the growth of the global Chatbot market.
Facebook Attempts to Restore its Tarnished Image with Two Announcements
Facebook is trying to tackle the issue of contentious content and has now announced the establishment of an independent “Supreme Court.” Moreover, the company is now giving users the ability to erase their personal data collected from external websites to target them with advertisements. Facebook, which has approximately two billion users worldwide, is often criticized for its data management policies.
Facebook Users increase, New Data Privacy Feature Unveiled
Facebook continues to attract a huge number of users and revenues despite the mélange of controversies surrounding the company. It currently faces a list of criticisms, from its poor private user data management policies to its handling of political advertisements. Despite this, the social media giant has ironically seen the number of monthly active users increase during the fourth quarter by 8 percent. It subsequently reached the 2.5 billion user milestone by the end of 2019.
Facebook Defends Political Campaigns Advertising Policy
It has been proven that misinformation on social media networks had a significant impact on the 2016 U.S. presidential elections. Some social networks responded by banning potentially misleading political advertisements. Facebook has, however, changed its censorship strategy, and is no longer looking to filter such promotions.
The Rise and Fall of Social Media Influence Against Totalitarian Regimes
Social media has become part of our daily lives, from reading breaking news, to communication for business and personal purposes. It is an important tool for many in their daily lives, no matter how one uses it. It is also a dangerous tool, where one can have their life ruined. People have lost jobs over their posts, as well as being targeted and bullied on social media platforms. Some take it upon themselves to label other people online with the false narrative of being trolls (even though the profiles are legit!), just to cause turmoil.
Bot Platform Services Market to Grow Significantly
According to Market Research Future Analysis, the global bot service market is anticipated to grow at a significant rate over the forecast period, 2018-2023. The global bot service market has been segmented into service, type, deployment, end user, and region.
Rush is on to Get Pseudo Satellites into Space
Japanese company HAPSMobile successfully completed the second HAWK30 Solar HAPS test flight on October 23 from a NASA facility. The first flight was in the September. HAPSMobile plans to move the HAWK30 to the Hawaiian island of Lanai and is accelerating preparations to perform stratospheric test flights there by March 31, 2020 per their press release.
HAPSMobile is a subsidiary of SoftBank Corp. (TOKYO: 9434) and minority-owned by AeroVironment, Inc. (NASDAQ: AVAV), who is also an aircraft development partner for “HAWK30,” a solar-powered unmanned aircraft designed for stratospheric telecommunications platform systems that flies approximately 20kms into the stratosphere. The wing span of the HAWK30 is 78 meters.
Facebook Libra Project Losing Its Grandeur?
MasterCard, Visa, eBay, Mercado Pago, and Stripe have pulled out of the Libra Association. The news comes barely a week after PayPal announced that it would forgo participation. The Libra panel was initially made up of 28 companies, each set to control a network node.
Increased regulatory scrutiny has dogged the Libra project since its inception and so the future of the project seems bleak at the moment. U.S. regulators, in particular, fear that Facebook will become too powerful if allowed to handle user funds across the world. There is also trepidation among major economies such as India which are looking to ban cryptocurrencies altogether. At the heart of Libra woes lie major data privacy concerns.
EU Court Rules Facebook Must Remove “Offensive” Content Worldwide
The European Union’s highest court has ordered Facebook to remove offensive remarks. The EU court has tightened its rules for internet service providers, including Facebook. According to EU regulations, social media groups are not responsible for what users publish unless they are aware that the content of the post is illegal. The same rules say that social media groups as a whole have no responsibility for monitoring the content of stored information and are not required to search for it.
Biden, Trump and Ukraine’s Troll Farm
Journalist Judd Legum tweeted a link pertaining to a Ukranian troll operation on Facebook. Legum was previously in charge of ThinkProgress.org, which ceased to exist earlier this month. Additionally, he was Hilary Clinton’s campaign manager from 2007-2008.
Report: China Used Twitter, Facebook to Sow Disinformation on Hong Kong Protests
The Australian Strategic Policy Institute released a new report on Tuesday, based on Twitter’s data released last month, about China’s intention to influence Hong Kong’s anti-extradition (or “reverse delivery”) campaign. Among the findings, the Chinese government has spent the past two years intending to spread fake news targeting specific people across several social media platforms.
Twitter and Facebook Block Nearly 1,000 Chinese Official “Fake News” Accounts
Social media Twitter and Facebook announced on Monday that they blocked a large number of accounts on their platforms. The two social media giants said that these accounts spread false information about Hong Kong demonstrations and they were dominated by Chinese officials.
Donald Trump Threatens to Impose Tariffs on French Exports
US President Donald Trump accused his French counterpart Emmanuel Macron over the digital service tax, hinting that he would impose a tax on French wine in the United States in return. Trump expressed displeasure from his Twitter account Friday over French plans to tax multinational technology companies such as Google. The French authorities have justified this tax because such companies pay little or no taxes at all in the countries where they operate.
Big Trouble for Big Tech as DOJ announces Antitrust Review
After a good deal of anticipation, the U.S. Department of Justice announced Tuesday it was opening a broad and sweeping antitrust review of some of Big Tech’s biggest firms. While the department didn’t mention any names, the Wall Street Journal reported it was acting on “new Washington threats” from Amazon, Apple, Facebook, and Google. It is the boldest action yet against the Silicon Valley giants, and comes off the heels of a rocky week on Capitol Hill. The announcement is sure to attract praise from the likes of both Sens. Ted Cruz (R-TX) and Elizabeth Warren (D-MA)— for different reasons.
Recent Changes in Facebook and How it Affects Content Creators
What does it mean for content creators after the recent changes in Facebook Algorithms and the platforms itself? Considering the diverse changes Facebook is developing to the platform and the algorithm supporting organic content and Facebook Ads, the company continues to maintain dominacne to guarantee that your business can maximize its marketing campaigns.
France Approves Digital Tax on Google and Facebook
France’s parliament approved legislation to impose a three-percent tax on Internet and technology companies like Google and Facebook to re-establishing financial justice, says Justice Minister Bruno Le Mayer. The 3% tax will be levied on the sales of multinational companies in France. The French Senate passed a new tax on Thursday, one week after the National Assembly approved it.
Want More Reach? How to Increase Your Revenue Using Facebook Marketing
Understanding Facebook reach is important because if you are posting a lot in Facebook but you don’t have a very solid reach, nobody is noticing your content. So if you invest a lot of time and effort to make a post, you want your target audience to see it. Let’s discuss how you can properly execute that.
Amplify your user engagement with your posts. Facebook algorithm looks at this when they identify where to show your post in different people’s feeds is engagement.
Journalist to Trump: Media Censoring, Here’s Proof, I’m Starving, I Quit
The question begs: Is it really happening?
Are media giants like Facebook and Twitter censoring rhe right, smaller news companies and the public? Are they censoring Christians? Are they censoring the left equally? With algorithms now controlling everything said, we now also have machines controlling our conversations, our very lives.
Libra Cryptocurrency Could Be the Ultimate Winner – Bitcoin and Ethereum Have Deffects
Blockchain backed by Facebook and other big companies wants to be more reliable and mainstream than established cryptocurrencies. From technical points to governance, here is what Libra cryptocurrency proposes:
Libra cryptocurrency marks a milestone in the history of cryptocurrency: never before has such a currency been designed and supported, not by one, but by 28 companies, many of which are world-renowned. In a world fraught with frauds, bugs, and cyber fraud, some could see Libra as the first final “frequentable” cryptocurrency. It is true that it is built around stability as a mantra, even if it means sacrificing this decentralization that made the eyes of blockchain activists shine.
The Best Platforms for Digital Marketing with Heavy Traffic
The internet has so many platforms that can sometimes lead you to into confusion on what to use. Of course there are some advantages and disadvantages in each platform so we are going to talk about you as an entrepreneur on how to utilize the best platform in the internet.
If you are starting your business and you are planning to get into Digital Marketing, you may ask yourself, is it much easier than it was 10 to 15 years ago? and why do you ask this? because as an entrepreneur, you are your own media company. Doesn’t matter what business you are in, you need to think like a media in this generation.
Huawei – The World’s Fastest Growing Smartphone Maker Just Crashed
Founder Ren Zhengfei claimed Huawei’s revenue will be $30 billion less than they had forecast over the next two years. His quote compared the largest Chinese telecom giant to a “badly damaged plane” as a result of US government sanctions, bans and actions against them. For instance, just recently Facebook banned Huawei from preloading its apps.
Facebook Removes Ban on Crypto and Blockchain Ads
After one year of placing restrictions, Facebook decided to remove the ban on cryptocurrency and blockchain based ads.
In January, 2018 the social media firm Facebook decided that the ads involving blockchain technology, Educational information, industry news and event that are related to cryptocurrency must have prior written approval before displaying ads.
Is Facebook Too Powerful?
It was another wild week for Facebook. Dueling editorials in The New York Times debated the social network’s very existence. The right is still in an uproar over Facebook’s censorship of conservative viewpoints, users and scientific issues. Meanwhile, on the left, the website— or is it a utility?— has become a campaign issue on its own. Differing Democrats have begun to split on whether stringent regulation of the tech giant will be sufficient, or whether Facebook has become too big to allow to survive.
On Thursday, Chris Hughes tore in to his co-creation, and co-founder, Mark Zuckerberg, in The Times. “Mark alone can decide how to configure Facebook’s algorithms to determine what people see in their News Feeds, what privacy settings they can use and even which messages get delivered,” he said. This, Hughes argues, gives Zuckerberg “unilateral control over speech.
It’s Complicated: Facebook’s Relationship With Civil Society
Facebook made headlines Thursday, banning several media personalities from their social media platforms, calling them “dangerous.” That is, multiple media outlets reported the bans before they actually took place. Laura Loomer, Milo Yiannopoulos, Paul Nehlen, Louis Farrakhan, Paul Joseph Watson, and Infowars creator Alex Jones still had control of their Facebook and Instagram accounts several hours after their bans were reported by the press.
Infowars’ status as a proscribed entity seems particularly unique. In a move usually reserved for terrorist organizations, all official and unofficial pages and content has been removed. Infowars content posted by ordinary users will be removed. Repeat violators of this policy will themselves be banned.
So Many Facebook Ethical Violations: Insiders Now Say “F*ck Ethics,” When Will They Learn!
- Facebook Employee Quoted: “We are paid a ton. Looking forward to my yearly bonus of $100k. F*ck ethics. Money is everything…The constant negative media attention is annoying, but I make 5x what I did at Oracle 8 years ago.”
- UK Parliament Report: “Companies like Facebook should not be allowed to behave like ‘digital gangsters’ in the online world, considering themselves to be ahead of and beyond the law.” Their report came after an 18-month investigation into disinformation and fake news and accused Facebook of obstructing its inquiry.
Dark Fiber Networks Market Expanding by Double Digits
The global dark fiber networks market is set to expand with a double digit CAGR reaching $11 billion by 2026, according to a new market research report published by Credence Research “Dark Fiber Networks Market.
Apple’s Quarterly Businesses Breakdown
- iPhone installed base is now over 900 million, adding almost 75 million over the past year. Predictions were that the iPhone installed base would hit one billion by the end of 2018, for instance. Apple may have missed that estimate, but it did grow the iPhone installed base by 9% over the past year.
- Apple Subscription – Over the last four quarters, its sales of apps, movies, games, Apple Music, AppleCare, iCloud subscriptions, and Apple Pay fees have generated roughly $39.6 billion for the company, with a 62% margin in the most recent quarter.
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