Facebook reported first-quarter earnings of $0.85 a share vs estimate of $1.65. Bad news right? Apparently not bad enough to bring the stock down, was up over 10% after market, and currently sits up over 7%. FB set aside $3 billion for legal expenses related to the ongoing U.S. Federal Trade Commission investigation of it's … Continue reading Facebook, Microsoft Report
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Britain Talks of Regulating Big Tech
UK prime minister Theresa May. Reuters The British government proposal will regulate social media, search, messaging and various other platforms for content that causes "online harm." Such content includes terrorism, serious violence, hate crimes, harassment, disinformation, encouragement of self-harm and suicide, abuse of public figures, interference with legal proceedings, cyber-bullying, and children accessing inappropriate content. … Continue reading Britain Talks of Regulating Big Tech