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U.S. lawmaker says Facebook cannot be trusted to regulate itself

Democratic U.S. Representative David Cicilline, expected to become the next chairman of House Judiciary Committee's antitrust panel, said on Wednesday that Facebook cannot be trusted to regulate itself and Congress should take action......»»

Category: topSource: reutersNov 14th, 2018

Congress grilled Facebook"s Mark Zuckerberg for nearly 10 hours. What"s next?

Three hours into Mark Zuckerberg's second day of hearings on Capitol Hill, a Republican lawmaker offered "a little bit of advice" to the Facebook CEO: Be careful, or we might just have to regulate you......»»

Category: topSource: moneyApr 12th, 2018

Zuckerberg is about to face Congress — but Facebook scandal may be out of his control, lawmaker says

"I don't want to hurt Facebook. I don't want to regulate them half to death. But we have a problem,” Sen. John Neely Kennedy (R-La.) said Sunday on “Face the Nation.".....»»

Category: topSource: washpostApr 8th, 2018

"You"re not bystanders": Lawmaker spars with Mark Zuckerberg and Sundar Pichai as the CEOs evade questions about how Facebook and Google profit off misinformation

"What happens online doesn't stay online - it has real-world consequences," Rep. Frank Pallon.....»»

Category: topSource: businessinsiderMar 25th, 2021

Facebook "supercharged" the Stop the Steal campaign that led to the Capitol insurrection, US lawmaker says

Twitter .....»»

Category: topSource: businessinsiderMar 25th, 2021

Column: The drive to regulate social media is about partisan politics — and it won"t work

Politicians say they're concerned about misinformation on Twitter and Facebook, but they're blowing smoke. Politicians say they're concerned about misinformation on Twitter and Facebook, but they're blowing smoke......»»

Category: topSource: latimesJan 22nd, 2021

: Europe greets Biden’s inauguration with relief and muted hopes

The EU and the U.S. may not agree on how to deal with and regulate the power and influence of big U.S. tech companies such as Facebook or Google......»»

Category: topSource: marketwatchJan 20th, 2021

US Lawmaker Calls Libra’s Revamp Insufficient

Rep. Sylvia Garcia's comments suggest Libra's roots as a Facebook initiative remain a political liability despite the consortium's steps to sate critics......»»

Category: forexSource: coindeskApr 17th, 2020

Companies burned by Big Tech plead for Congress to regulate Apple, Amazon, Facebook and Google

Tech giants took a public lashing at a congressional hearing Friday, where some of their smaller rivals, including Sonos and Tile, pleaded with federal lawmakers to take swift action against them......»»

Category: topSource: washpostJan 20th, 2020

Searching for information on Iran"s missile strike? Google, YouTube lean on trusted sources; Facebook doesn"t

While Google and YouTube mostly turned to networks we know, Facebook pointed users to unknown sources after .....»»

Category: topSource: usatodayJan 8th, 2020

Nasdaq set to beat NYSE in IPOs for first time since Facebook debacle

New York's fast-growing is getting a boost from a new law allowing the state to regulate the growth and sale of cannabis-derived extracts such as , which is soaring in popularity as a wellness... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 15th, 2019

U.S. senators threaten Facebook, Apple with encryption regulation

U.S. senators grilled Apple Inc and Facebook Inc executives over their encryption practices on Tuesday and threatened to regulate the technology unless the companies make encrypted user data accessible to law enforcement......»»

Category: topSource: reutersDec 10th, 2019

Singapore tells Facebook to correct user"s post in test of "fake news" laws

Singapore instructed Facebook on Friday to publish a correction notice on a user's social media post under a new 'fake news' law, raising fresh questions about how the firm will adhere to government requests to regulate content......»»

Category: topSource: reutersNov 29th, 2019

Key antitrust lawmaker frustrated with Google"s Fitbit deal

Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet's Google , Facebook , Amazon and Apple on Wednesday, with the chair of a House subcommittee expressing frustration over the companies' continued acquisitions......»»

Category: topSource: reutersNov 13th, 2019

Move fast and capitalize things: Facebook unveils new logo

Facebook says its new branding communicates “clarity” and “optimism.” Typography experts say it’s also about convincing users it can be trusted......»»

Category: topSource: washpostNov 5th, 2019

Facebook unveils new logo in visible attempt to distinguish social network from eponymous corporation

Facebook says its new branding communicates “clarity” and “optimism.” Typography experts say it’s also about convincing users it can be trusted......»»

Category: topSource: washpostNov 5th, 2019

Facebook"s Zuckerberg Fails To Ease Lawmaker Concerns With Congressional Testimony

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg spoke in front of the U.S. House Financial Services Committee on Wednesday to better explain his Libra cryptocurrency ambitions. read more.....»»

Category: blogSource: benzingaOct 24th, 2019

Iraq War protests inspired Facebook, Zuckerberg says. A lawmaker who was there says that’s false.

Rep. Ruben Gallego blasted Zuckerberg’s recollection as an attempt to redraw the company’s image as altruistic in the face of growing scrutiny......»»

Category: topSource: washpostOct 23rd, 2019

US Lawmaker Introduces Bill Classifying Stablecoins as Securities

A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933......»»

Category: forexSource: coindeskOct 22nd, 2019

Spooked by Libra, EU pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday to propose new rules to regulate virtual currencies, in a reaction to Facebook's plans to introduce Libra, which the EU considers a risk to financial stability......»»

Category: topSource: reutersOct 8th, 2019

EU finance commissioner pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday, if he is reappointed, to propose new rules to regulate virtual currencies such as Libra, the currency Facebook plans to launch......»»

Category: topSource: reutersOct 8th, 2019