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Facebook "battles" regulators with tech advocacy group, Washington Post says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Facebook quietly helping start advocacy group, escalating Silicon Valley’s war with Washington
The social media giant is working behind the scenes to help launch a new political advocacy group that would combat U.S. lawmakers and regulators trying to rein in the tech industry......»»
Facebook is quietly helping to set up a new pro-tech advocacy group to battle Washington
Facebook is working behind the scenes to help launch a new political advocacy group that would combat U.S. lawmakers and regulators trying to rein in the tech industry, escalating Silicon Valley’s war with Washington......»»
U.S. appeals court asks why Facebook encryption order should stay sealed
Federal appeals court judges asked prosecutors on Tuesday why a lower court could seal a ruling that absolved Facebook from having to wiretap a criminal suspect using one of the company’s encrypted services......»»
Securities group asks SEC to intervene for brokers in audit-trail database fight
U.S. brokers should not be forced to sign an agreement that could make them liable for breaches of a massive new industry trading database that they have no control over, a leading financial industry trade group told regulators on Wednesday......»»
Against backdrop of shelter-in-place, Peninsula biotech asks FDA to approve prostate cancer drug
Filing thousands of pages of data electronically from remote locations as employees sheltered in place against Covid-19, Myovant Sciences asked regulators Tuesday to quickly approve its once-a-day pill against prostate cancer. The Brisbane company a.....»»
Facebook Revamps Proposed Cryptocurrency Libra
Facebook, Inc. (NASDAQ: FB)'s proposed cryptocurrency Libra is revamping its platform to make it more acceptable to financial regulators. read more.....»»
Libra Scales Back Global Currency Ambitions in Concession to Regulators
The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies......»»
Trump lashes out at a CBS News reporter after she asks him to clarify what the White House was doing in February to respond to the coronavirus
Reuters President Donald Trump lashed out at a reporter during the coronavirus briefing on April 13, after the reporter aske.....»»
Facebook asks users about coronavirus symptoms, releases friendship data to researchers
On April 2, the day that coronavirus infections around the globe hit 1 million, managers inside JPMorgan Chase & Co. were emailing their latest plans for staffing New York-area trading floors amid... To view the full story, click the title link......»»
Snapchat was "an existential threat" to Facebook — until an 18-year-old developer convinced Mark Zuckerberg to invest in Instagram Stories
Michael Kovac/Getty Images; Francois Mori/AP Alex Kantrowitz is a senior technology reporter at BuzzFeed News; his work has .....»»
Facebook reportedly failed to investigate misinformation tactics from the right-wing Daily Wire over fears of conservative backlash
Reuters/.....»»
Blackstone asks its companies hurt by virus to tap credit lines: BBG
Private equity firm Blackstone Group Inc is asking companies it controls to draw down their credit lines to avoid liquidity crunch, a Bloomberg reporter tweeted on Wednesday, citing people familiar with the matter......»»
Congress, Justice Department take aim at tech, hoping to halt spread of child sexual exploitation online
U.S. regulators are preparing to take fresh aim at Facebook, Google and other tech giants this week, unveiling new efforts to combat online content that harms or abuses children — and hold Silicon Valley responsible for its spread......»»
Facebook cancels F8 developer conference in San Jose due to coronavirus concerns
Facebook Inc. has canceled F8, its large annual developer conference at the San Jose McEnery Convention Center, because of concerns about COVID-19, the novel coronavirus that has killed at least 2,800 people worldwide, the company announced Thursday mor.....»»
Facebook cancels F8 developer conference in Bay Area due to coronavirus concerns
Facebook Inc. has canceled F8, its large annual developer conference at the San Jose McEnery Convention Center, because of concerns about COVID-19, the novel coronavirus that has killed at least 2,800 people worldwide, the company announced Thursday mor.....»»
Three U.S. Senate Democrats propose sweeping reforms after Boeing 737 MAX crashes
Three Democratic U.S. senators on Tuesday introduced sweeping legislation to reform how new airplanes are certified and overseen by U.S. regulators after two fatal Boeing 737 MAX crashes killed 346 people......»»
Should Facebook, Google be liable for user posts? asks U.S. Attorney General Barr
U.S. Attorney General William Barr on Wednesday questioned whether Facebook, Google and other major online platforms still need the immunity from legal liability that has prevented them from being sued over material their users post......»»
Barclays CEO probed over Epstein ties
Britain's financial regulators are probing historic links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges. Ciara Lee reports......»»
Barclays chief Staley probed over Epstein ties
Britain's financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said on Thursday......»»