Facebook has suspended ‘tens of thousands’ of apps suspected of hoarding data

Facebook has suspended “tens of thousands” of apps connected to its platform which it suspects may be collecting large amounts of user profile data. That’s a sharp rise from the 400 apps flagged a year ago by the company’s investigation in the wake of Cambridge Analytica, a scandal that saw tens of millions of Facebook […]

Facebook’s new policy Supreme Court could override Zuckerberg

A real check to Facebook CEO Mark Zuckerberg’s control is finally coming in the form of an 11 to 40-member Oversight Board that will review appeals to its policy decisions, like content takedowns, and make recommendations for changes. Today Facebook released the charter establishing the theoretically independent Oversight Board, with Zuckerberg explaining that when it […]

Macron announces €5 billion late-stage investment pledge from institutional investors

President Emmanuel Macron announced in a speech ahead of France Digitale Day that the French government has convinced institutional investors to invest more heavily in late-stage VC funds and asset managers in one way or another. Institutional investors have committed to investing $5.5 billion (€5 billion). “We’ll have €2 billion that will go in so-called […]

Despite Brexit, UK startups can compete with Silicon Valley to win tech talent

Mehul Patel Contributor Mehul Patel is the CEO of Hired , the marketplace that matches tech talent with the world’s most innovative companies. Brexit has taken over discourse in the UK and beyond. In the UK alone, it is mentioned over 500 million times a day, in 92 million conversations — and for good reason. […]

Facebook tightens policies around self-harm and suicide

Timed with World Suicide Prevention Day, Facebook is tightening its policies around some difficult topics including self-harm, suicide, and eating disorder content after consulting with a series of experts on these topics. It’s also hiring a new Safety Policy Manager to advise on these areas going forward. This person will be specifically tasked with analyzing […]

Europe’s antitrust chief, Margrethe Vestager, set for expanded role in next Commission

As the antitrust investigations stack up on US tech giants’ home turf there’s no sign of pressure letting up across the pond. European Commission president-elect Ursula von der Leyen today unveiled her picks for the next team of commissioners who will take up their mandates on November 1 — giving an expanded role to competition […]

Forty-nine states and the District of Columbia are pushing an antitrust investigation against Google

Fifty attorneys general are pushing forward with an antitrust investigation against Google, led by the Texas state attorney general, Ken Paxton. In an announcement on the steps of the U.S. Supreme Court building, Paxton and a gathering of attorneys general said that the focus of the investigation would be on Google’s advertising practices, but that […]

After Epstein, it’s time for the Valley to find a moral view on capital

Is capital moral or amoral? In the predominant view held in Silicon Valley today, capital is amoral — cash is cash, and regardless of where it comes from, once it leaves the hand of its investor or donor, it no longer has that individual’s taint. That money might have previously been spent on acquiring access […]

NY attorney general will lead antitrust investigation into Facebook

New York Attorney General Letitia James announced this morning that she’s leading an investigation into Facebook over antitrust issues — in other words, whether Facebook used its social media dominance to engage in anti-competitive behavior. In a statement, James said: Even the largest social media platform in the world must follow the law and respect […]

India liberalizes foreign investment rules in a win for Apple

India has further liberalized its foreign direct investment (FDI) rules for many sectors, opening new avenues for global investors and giants such as Apple as Asia’s third-largest economy attempts to jump-start its years-low economic growth. New Delhi said Wednesday evening that it is easing sourcing norms for single-brand retailers like Apple. As part of the […]