Fertility tracking app Flo closes $50M Series B

Flo, a fertility focused period-tracking app, has closed a $50 million Series B funding round which it says values the company at $800M — underlining how much value investors are now attaching to women’s health tech. The 2016-founded startup raised a $1M seed in its first year and has gone on to raise a total […]

Today’s real story: The Facebook monopoly

Daniel Liss Contributor Daniel Liss is the founder and CEO of Dispo, the digital disposable camera social network. Facebook is a monopoly. Right? Mark Zuckerberg appeared on national TV today to make a “special announcement.” The timing could not be more curious: Today is the day Lina Khan’s FTC refiled its case to dismantle Facebook’s monopoly. […]

How the law got it wrong with Apple Card

Liz O’Sullivan Contributor Liz O’Sullivan is CEO of Parity, a platform that automates model risk and algorithmic governance for the enterprise. She also advises the Surveillance Technology Oversight Project and the Campaign to Stop Killer Robots on all things artificial intelligence. More posts by this contributor Here are a few ways GPT-3 can go wrong […]

Senators press Facebook for answers about why it cut off misinformation researchers

Facebook’s decision to close accounts connected to a misinformation research project last week prompted a broad outcry from the company’s critics — and now Congress is getting involved. A handful of lawmakers criticized the decision at the time, slamming Facebook for being hostile toward efforts to make the platform’s opaque algorithms and ad targeting methods […]

Facebook cuts off NYU researcher access, prompting rebuke from lawmakers

Facebook shut down accounts belonging to two academic researchers late Tuesday, cutting off their ability to study political ads and misinformation on the world’s biggest social network. The company accused the academics of engaging in “unauthorized scraping” and compromising user privacy on the platform, claims that Facebook’s many critics are slamming as a thin pretense […]

Biden’s sweeping executive order takes on Big Tech’s ‘bad mergers,’ ISPs and more

The Biden administration just introduced a sweeping, ambitious plan to forcibly inject competition into some consolidated sectors of the American economy — the tech sector prominent among them — through executive action. “Today President Biden is taking decisive action to reduce the trend of corporate consolidation, increase competition, and deliver concrete benefits to America’s consumers, […]

Perspectives on tackling Big Tech’s market power

The need for markets-focused competition watchdogs and consumer-centric privacy regulators to think outside their respective ‘legal silos’ and find creative ways to work together to tackle the challenge of big tech market power was the impetus for a couple of fascinating panel discussions organized by the Centre for Economic Policy Research (CEPR), which were livestreamed […]

Facebook’s tardy disclosure of breach timing raises GDPR compliance questions

The question of whether Facebook will face any regulatory sanction over the latest massive historical platform privacy fail to come to light remains unclear. But the timeline of the incident looks increasingly awkward for the tech giant. While it initially sought to play down the data breach revelations published by Business Insider at the weekend by […]

Decrypted: With more SolarWinds fallout, Biden picks his cybersecurity team

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Facebook’s photo porting tool adds support for Dropbox and Koofr

Facebook’s photo and video portability tool has added support for two more third party services for users to send data via encrypted transfer — namely: cloud storage providers Dropbox and (EU-based) Koofr. The tech giant debuted the photo porting tool in December last year, initially offering users in its EU HQ location of Ireland the […]