Facebook Opens New Command Post Ahead of EU Election

As part of a range of efforts to show that it has taken regulator and governmental concerns seriously, Facebook has set up an operations center in its European headquarters in Dublin, Ireland ahead of the upcoming European Union’s parliamentary election, which is scheduled for May 23-26 across 28 countries. Employees will monitor and clear Facebook of misinformation, fake accounts, and any signs of foreign meddling aimed at swaying election results. Facebook recently set up a similar post in Singapore for elections in India.

Continue reading Facebook Opens New Command Post Ahead of EU Election

Microsoft Continues Plan to Democratize Machine Learning

Ranging from no-code tools to hosted notebooks, Microsoft released new machine learning products and announced updates to existing products ahead of its Build developer conference. At the core of these releases and updates is Microsoft’s goal to democratize access to artificial intelligence amidst competition with other big players like Google and Amazon Web Services, as well as a number of highly specialized startups. In general, companies are looking for increasingly powerful tools to be more productive and build models quicker.

Continue reading Microsoft Continues Plan to Democratize Machine Learning

Facebook Is Developing Cryptocurrency Payments System

Facebook is currently recruiting financial firms and online merchants to launch a “cryptocurrency-based payments system on the back of its gigantic social network,” reports The Wall Street Journal. At its center is a digital coin that users would be able to send to one another and use to make purchases on Facebook and on the broader Internet. This has the potential to significantly disrupt, or even up-end, “the traditional, lucrative plumbing of e-commerce and would likely be the most mainstream application yet of cryptocurrency.”

Continue reading Facebook Is Developing Cryptocurrency Payments System

Facebook Pushes Core Principles at Developer Conference

With an emphasis on privacy, Facebook made a series of compelling announcements at its annual F8 developer conference this week. Chief executive Mark Zuckerberg detailed six core principles that will be embedded across the company’s services: private interactions, improved data encryption, interoperability, general safety, reducing permanence and secure data storage. The principles arrive following a difficult period for the social giant, as it continues to face criticism regarding privacy-related scandals while contending with increased scrutiny from global regulators. Continue reading Facebook Pushes Core Principles at Developer Conference

Apple Facing Criticism for Restricting Parental Control Apps

“Can you really trust that Apple wants people to spend less time on their phones?” asked Fred Stutzman, founder and chief executive of Freedom, an app designed to limit screen time. Freedom had 770,000 downloads before Apple removed it from the App Store in August, and other app makers have similar stories. According to analysis from The New York Times and app-data firm Sensor Tower, Apple removed or restricted at least 11 of the 17 most downloaded screen time and parental-control apps as well as clamping down on similar but lesser known apps.

Continue reading Apple Facing Criticism for Restricting Parental Control Apps

Global Regulators Looking Into Facebook Privacy Practices

Regulators have reached a tipping point with Facebook after years of half-measures regarding the social media giant’s security-related missteps. Now, regulators across four continents are attempting to reign in Facebook’s behavior. In the United States, the Federal Trade Commission hasn’t come to a decisive conclusion regarding what constraints to implement, but the agency is looking to address a wide range of issues, including violations reported almost monthly, according to a source close to the investigation.

Continue reading Global Regulators Looking Into Facebook Privacy Practices

Canada, New York Rebuke Facebook For Privacy Violations

In Canada, privacy commissioners stated that Facebook’s “superficial and ineffective safeguards and consent mechanisms” violated local and national laws in allowing third parties to access users’ personal data — and that the company has refused to fix the problems. The New York State attorney general plans to investigate Facebook’s “unauthorized collection” of 1.5+ million users’ email address books. Facebook just banned “personality quiz” apps similar to the one behind the Cambridge Analytica scandal, to improve security. Continue reading Canada, New York Rebuke Facebook For Privacy Violations

New Reports Reveal Unsettling Facts About Voice Assistants

Microsoft reports that 41 percent of those using voice assistants are concerned about “trust, privacy and passive listening.” Amazon, Apple, Google and Microsoft, the major voice assistant providers, rely on humans to review collected voice data — although most people are unaware of this. Bloomberg also delved into Amazon’s Alexa team following a report that the company reviews audio clips from commands. Five employees familiar with the program revealed they can “in some cases easily find a customer’s home address.” Continue reading New Reports Reveal Unsettling Facts About Voice Assistants

Facebook Planning to Face FTC Fine in Excess of $3 Billion

In its first quarter earnings report yesterday, Facebook revealed that it is putting aside $3 billion (about 6 percent of its cash and marketable securities) in anticipation of an upcoming fine from the Federal Trade Commission regarding privacy violations. The penalty, which could become the highest of its kind against a tech company by U.S. regulators and the biggest privacy-related fine in the FTC’s history, is expected to run from $3 billion to $5 billion. The social media giant posted more than $15 billion in revenue, a 26 percent increase over the year-earlier period. Continue reading Facebook Planning to Face FTC Fine in Excess of $3 Billion

FAA Approves Commercial Delivery For Alphabet’s Drones

Wing Aviation, a unit of Alphabet, received the Federal Aviation Administration’s first authorization to deliver consumer goods via drone. Being first is a coup for Google’s parent company and a harbinger that many other companies — Amazon among them — will soon launch drone delivery services. Not long ago, officials predicted that the FAA wouldn’t implement the first rules for unmanned aircraft delivery until 2020 or 2021. The current FAA permit for Wing Aviation only includes a rural area around Blacksburg, Virginia. Continue reading FAA Approves Commercial Delivery For Alphabet’s Drones

Huawei Inks 40 Contracts to Build and Operate 5G Networks

Huawei Technologies has inked 40 commercial contracts for 5G technology, leading its Q1 revenue to leap 39 percent to 179.7 billion yuan ($26.8 billion). The Chinese company also stated that it has shipped about 70,000 5G base stations, making it a leading supplier of 5G gear. Huawei’s net-profit margin rose a bit to 8 percent. The company also introduced what it calls the world’s first 5G-communication hardware for the auto industry. Its MH5000 module is built on its newly launched Balong 5000 5G chip. Continue reading Huawei Inks 40 Contracts to Build and Operate 5G Networks

Vimeo Acquires Magisto, Makes Move Toward Social Video

IAC-owned video platform Vimeo, which largely serves small businesses and individual creators, has acquired short-form video specialist Magisto for $200 million. The deal, Vimeo’s fifth in the field, is expected to help the platform grow its presence in social video, and will move Magisto’s employees based in Israel and California to Vimeo’s office in New York. “Magisto’s proprietary technology enables cutting edge mobile apps and AI-powered editing tools which, combined with Vimeo’s scale and unmatched creator community, will empower more people to tell compelling stories through video,” said Vimeo CEO Anjali Sud. Continue reading Vimeo Acquires Magisto, Makes Move Toward Social Video

EU Parliament Passes Laws That Impact Online Companies

The European Parliament voted to fine Internet platforms such as Facebook, Google and Twitter up to 4 percent of their annual global turnover if they do not remove extremist content within one hour of authorities’ request to do so. The vote was 308 to 204, with 70 abstentions. The European Parliament also approved a platform-to-business (P2B) law proposed by the European Commission in April 2018. The P2B law forces Amazon and Google to reveal how they rank products and Facebook and others to be more transparent. Continue reading EU Parliament Passes Laws That Impact Online Companies

U.S. Tries Softer Tack to Limit Huawei at Prague 5G Confab

According to sources, on May 2-3 when officials from 30+ countries meet in Prague to discuss security principles for 5G networks, the U.S. will propose measures to prevent China’s Huawei from gaining dominance. The U.S. has long believed that the Chinese government can use Huawei’s gear to spy via Internet-connected products from AR to self-driving cars. Huawei has denied the accusations. The U.S. strategy at the upcoming meeting, said a U.S. official, is “softer” than its previous efforts to limit Huawei’s influence. Continue reading U.S. Tries Softer Tack to Limit Huawei at Prague 5G Confab

Magic Leap Turning to Blockchain Ecosystem for User Data

Magic Leap has posted job listings for a senior blockchain architect tasked with “overarching responsibility for planning and execution of a portfolio of blockchain, smart contracts and Ricardian contract technologies,” as well as helping to “develop an overall blockchain ecosystem engagement strategy.” The company also advertised positions for several blockchain engineers. The job listings stated that Magic Leap plans to use blockchain for its “Lifestream business function,” referring to its planned archive of user data. Continue reading Magic Leap Turning to Blockchain Ecosystem for User Data

Page 2 of 4112345678910...203040...»