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Consumer groups call for a moratorium on Libra until ‘profound questions’ are answered

July 16th, 2019 at 12:06 pm » Comments Off

Some 33 consumer and public-policy groups sent a letter Tuesday to five Congressional committees and federal regulators asking for a moratorium on the Facebook Inc.-backed Libra cryptocurrency. “We call on Congress and regulators to impose a moratorium on Facebook’s Libra and related plans until the profound questions raised by the proposal are addressed,” says the […]



Mark Zuckerberg is about to become the head of a Swiss Bank. 3 reasons it should make you think

July 1st, 2019 at 11:31 am » Comments Off

  Mark Zuckerberg is about to become the head of a very big bank based in Switzerland. Libra is Facebooks’ new cryptocurrency. Imagine sitting in a room thinking about what else you can sell to your 2.4bn people (including some bots) backed by a $1bn in guarantees from companies as wide as Paypal, Mastercard and […]



Facebook’s Calibra is a secret weapon for monetizing its new cryptocurrency

June 30th, 2019 at 10:43 am » Comments Off

  The newly formed subsidiary will build Facebook’s digital wallet Facebook’s announcement this morning of a new cryptocurrency, Libra, and the nonprofit association that will oversee it raises questions about the future of global banking and Facebook’s role in it. But behind Facebook’s ambitions to create a quasi-nation state ruled by mostly corporate interests is […]



‘Deepfakes’ called new election threat, with no easy fix

June 26th, 2019 at 11:15 am » Comments Off

WASHINGTON (AP) — “Deepfake” videos pose a clear and growing threat to America’s national security, lawmakers and experts say. The question is what to do about it, and that’s not easily answered. A House Intelligence Committee hearing Thursday served up a public warning about the deceptive powers of artificial intelligence software and offered a sobering […]



Facebook plans to launch its cryptocurrency in 2020

June 14th, 2019 at 8:13 am » Comments Off

Share of Global Consumers Who Would Switch to a Big Tech Provider for Banking Services, by Segment  Facebook is in the process of finalizing plans to launch its crypto in 2020, reports the BBC. The social media giant will roll out the digital currency in around a dozen countries by the first quarter of next […]



The Dark Forest Theory of the Internet

June 1st, 2019 at 4:05 pm » Comments Off

This is also what the internet is becoming: a dark forest In his sci-fi trilogy The Three Body Problem, author Liu Cixin presents the dark forest theory of the universe. When we look out into space, the theory goes, we’re struck by its silence. It seems like we’re the only ones here. After all, if […]



Influencers are flocking to a surprising new kind of social media

April 14th, 2019 at 1:53 pm » Comments Off

Influencers are flocking to a surprising new kind of social media 350+ influencers with a collective audience of 3.5 billion people are flocking to a platform called Escapex, which gives them their own apps. It’s part of the next wave of social media focused on smaller, more private groups. Last week, actor Jeremy Renner posted […]



Mark Zuckerberg: The Internet needs new rules. Let’s start in these four areas.

April 12th, 2019 at 12:51 pm » Comments Off

Mark Zuckerberg is founder and chief executive of Facebook. Technology is a major part of our lives, and companies such as Facebook have immense responsibilities. Every day, we make decisions about what speech is harmful, what constitutes political advertising, and how to prevent sophisticated cyberattacks. These are important for keeping our community safe. But if […]



The automatic weapons of social media

April 7th, 2019 at 12:49 am » Comments Off

  It’s time for the platforms to admit their response is flawed, and work together to protect our civil discourse. This is not an easy essay to write, because I have believed that technology companies are a force for good for more than 30 years. And for the past ten years, I’ve been an unabashed […]



Facebook can make VR Avatars look – and move – exactly like you

March 18th, 2019 at 10:20 am » Comments Off

Research assistant Autumn Trimble sits inside “Mugsy,” one of the capture facilities Pittsburgh’s Facebook Reality Lab uses to create “codec avatars.” “There’s this big, ugly sucker at the door,” the young woman says, her eyes twinkling, “and he said, ‘Who do you think you are, Lena Horne?’ I said no but that I knew Miss […]



Alternatives to Facebook

March 11th, 2019 at 11:09 am » Comments Off

Facebook has been under relentless attack since the Cambridge Analytica scandal in early 2018. Broadcasters and news publishers have declared open season on Mark Zuckerberg, Sheryl Sandberg, and other senior executives at the company. And while not quite ubiquitous, #deletefacebook pops up every time there’s a story about data privacy. The EU has fined them, […]



Pew: 74% of users don’t know Facebook records their ad preferences

January 24th, 2019 at 12:38 pm » Comments Off

Facebook has been in the news quite a bit for its ad targeting over the past year, most notably with reports that the now-defunct Cambridge Analytica used improperly obtained data to develop “personality” profiles on U.S. voters and target ads toward them during the 2016 U.S. presidential election. But many users are still unaware what […]



10 Unanswerable questions that neither science nor religion can answer