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☆ Hackers really, really like trying to take over your food delivery apps
▼ + stars: | 2024-05-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewYour DoorDash or other food delivery apps are a prime target for hackers. One reason: food delivery apps use two-factor authentication — like those codes texted to you before you can log in — less often than other kinds, Sift found. Just 3.5% of log-ins on food delivery apps asked for that kind of verification, making it easier for hackers to get in. Related storiesHackers also target food delivery accounts since many customers only use them periodically — meaning they're less likely to notice if someone takes control. AdvertisementDo you work for DoorDash, Instacart, Uber Eats, or another gig delivery service and have a story idea to share?

Persons: —, Brittany Allen, Allen, fraudsters, Uber Organizations: Service, Business, Facebook, Walmart Locations: cryptocurrency

☆ A major headwind for TikTok could be the ultimate tailwind for Meta's Facebook and Instagram
▼ + stars: | 2024-04-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

META mountain 2022-11-03 Meta's stock performance since Nov. 3, 2022, which marked its lowest close during its dramatic sell-off that year. In a recent Wedbush consumer survey, 60% of TikTok users who responded said either Facebook or Instagram were their top alternatives if TikTok were to be banned. That was followed by 19% of TikTok users who said they would go to YouTube. Meanwhile, Deutsche Bank said Meta's stock could see more upside in light of a potential TikTok ban. After initially being a drag on revenue, Meta has said Reels is now a positive contributor across its apps.

Persons: Jim, Joe Biden, ByteDance, Shou Zi Chew, TikTok, –, FactSet, monetization, Philipp Schindler, We'll, Jim Cramer's, Jim Cramer, Avishek Das Organizations: Facebook, Chinese Communist Party, CNBC, Street, Meta, YouTube, Google, Wedbush Securities, Deutsche Bank, Getty Locations: U.S, Washington, Ukraine, Israel, Taiwan, China

☆ The investment case for Meta Platforms gets stronger — and our price target is changing, too
▼ + stars: | 2024-04-04 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

"In fact, we now estimate that in 2024 Meta's ad business could outgrow Amazon's for the first time since 2015," the firm added. META 1Y mountain Shares of Meta Platforms over the past 12 months. Jefferies' bullish outlook goes straight to the heart of our investment case, which Jim Cramer reiterated last week during the March Monthly Meeting. All of this also jives with our view on Meta, as Jim laid out during the Monthly Meeting. Put it all together, and we're aligned with Jefferies on where Meta's stock can go from here.

Persons: Jefferies, outgrow Amazon's, Jim Cramer, that's, Jim, Meta, —, TikTok, Mark Zuckerberg, there's, Zuckerberg, Jim Cramer's, David Paul Morris Organizations: Google, Meta, Facebook, Jefferies, CNBC, Bloomberg, Getty Locations: U.S, Menlo Park , California

☆ Trump says a TikTok ban would empower Meta, slams Facebook as 'enemy of the people'
▼ + stars: | 2024-03-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Presumptive Republican presidential nominee Donald Trump on Monday raised concerns about efforts to ban Chinese-owned social media app TikTok in the U.S., saying it would only serve to empower Meta's Facebook platform. "Without TikTok, you can make Facebook bigger, and I consider Facebook to be an enemy of the people," Trump, who was formerly U.S. president between 2017 and 2021, said in a CNBC TV interview on Monday. Acknowledging his concerns around national security and data privacy over TikTok, Trump said "there's a lot of good and there's a lot of bad" with the platform. China's National Intelligence Law of 2017 requires organizations and citizens to "support, assist and cooperate with the state intelligence work." In 2020, the Trump administration unsuccessfully tried to have TikTok removed from app stores in the U.S. due to these concerns.

Persons: Donald Trump, Trump, ByteDance Organizations: Facebook, CNBC, Meta, National Intelligence, TikTok, Microsoft, TikTok's Locations: U.S, Beijing

☆ Meta's Facebook Messenger hit with layoffs amid ongoing 'efficiency' push
▼ + stars: | 2024-03-06 | by ( Kali Hays | Hugh Langley | ) www.businessinsider.com time to read: +1 min

Meta's ongoing efficiency drive has resulted in another round of layoffs. Messenger, the popular Facebook app, was hit this week with cuts. Messenger, the popular direct messaging app within Facebook, was hit with a round of layoffs this week, according to two people familiar with the company. The cuts at Messenger come after a similar layoff affected some employees working at Instagram, as Business Insider reported. This story is available exclusively to Business Insider subscribers.

Persons: —, Instagram, Messenger Organizations: Service, Meta, Facebook, Business, BI Locations: Instagram, Meta

☆ Meta, X, TikTok, Snap and Discord face growing appetite in Congress for tighter social media regulation
▼ + stars: | 2024-01-31 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

(L-R) Shou Zi Chew, CEO of TikTok, Linda Yaccarino, CEO of X, and Mark Zuckerberg, CEO of Meta testify before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Tillis and other lawmakers accused the tech executives of failing to protect children from sexual exploitation on their respective social media platforms. Growing appetite for regulationTo be sure, both Republican and Democratic senators were united in their conviction that social media firms are failing the American public and directly harming young people. Still, it takes time for bills to get passed, and all of these social media firms are still getting slammed for child-safety related issues, which could keep the topic fresh in the minds of politicians. Watch: Meta CEO Mark Zuckerberg apologizes to parents at online child safety Senate hearing.

Persons: Shou Zi Chew, Linda Yaccarino, Mark Zuckerberg, Meta, Alex Wong, Sen, Thom Tillis, Tillis, Josh Hawley, Zuckerberg, Tom Cotton, Chew Organizations: Dirksen, Facebook, Republican, Democratic, Meta, New, Apple, Lawmakers, Chinese Communist Party Locations: Washington , DC, Cambridge, China

☆ Meta is begging the government for new rules on age verification. But is it really trying to stick it to TikTok?
▼ + stars: | 2023-11-17 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Meta published a blog inviting legislation that would require parental approval to download apps. But preventing teens from getting apps would likely hurt TikTok more than it would Meta. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . For starters, making it harder for 13-to-16 year olds to download social apps would probably hurt TikTok far more than it would Meta. Although Meta's apps are somewhat rebounding, the chokehold TikTok has on younger kids compared to Meta is stark.

Persons: Meta, —, Mark Zuckerberg's, Antigone Davis, TikTok, Meta's, Mark Zuckerberg, it's, We've, Faith Eischen, we're, Danny Weiss, Weiss Organizations: Meta, Service, Facebook, Google, Apple, Media Locations: China, New York, California, Massachusetts

The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing RightsSTOCKHOLM/BRUSSELS, Nov 15 (Reuters) - Meta (META.O) on Wednesday appealed against "gatekeeper" designations for its Messenger and Marketplace platforms, the first Big Tech company to challenge new European Union rules setting out dos and don'ts for the online services. Meta's Facebook, Instagram, Marketplace, and WhatsApp qualified as gatekeepers under the DMA, which was designed to level the playing field between Big Tech companies and smaller competitors. "This appeal seeks clarification on specific points of law regarding the designations of Messenger and Marketplace under the DMA," a spokesman said. Microsoft and Google have said they will not challenge DMA designations, while sources expect TikTok to file a challenge.

Persons: Yves Herman, WhatsApp, Microsoft's Bing, Supantha Mukherjee, Yun Chee, Emelia Sithole Organizations: REUTERS, Rights, Big Tech, Union, Digital Markets, Facebook, European Commission, Microsoft, Apple, Google, Meta, Thomson Locations: Brussels, Belgium, Rights STOCKHOLM, BRUSSELS, Stockholm

☆ Microsoft is fine avoiding China as U.S. considers national security implications, CEO Satya Nadella says
▼ + stars: | 2023-11-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft is not focused on China as a domestic market, though the company has notable Chinese customers with operations outside the world's second most-populous country, CEO Satya Nadella said on Wednesday. "A lot of the Chinese multinationals operating outside of China are our bigger AI customers, perhaps." Microsoft provides artificial intelligence services to electric vehicle maker Li Auto and consumer electronics company Xiaomi, among others. Still, Nadella acknowledged on Wednesday that the U.S. government has important restrictions to follow when it comes to doing business in China. The U.S government uses Microsoft Azure cloud services and Microsoft 365 productivity apps.

Persons: Satya Nadella, Nadella, CNBC's Jon Fortt, Li, Nadella's, Joe Biden, Xi Jinping, Meta's, Bing, Deepwater's Gene Munster Organizations: Microsoft, Microsoft's Ignite, Li Auto, U.S, . Commerce Department, Meta's Facebook, Baidu, USG, LinkedIn Locations: China, Seattle, San Francisco, Bing, Beijing, United States, U.S, Europe, Asia

[1/2] A sign is pictured outside a Google office near the company's headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo Acquire Licensing RightsBRUSSELS/STOCKHOLM, Nov 14 (Reuters) - Microsoft and Google will not challenge an EU law requiring them to make it easier for users to move between competing services such as social media platforms and internet browsers. As part of its latest crackdown on Big Tech, the European Union in September picked 22 "gatekeeper" services, run by six of the world's biggest tech companies, to face new rules . The Digital Markets Act (DMA) requires these gatekeepers to inter-operate their messaging apps with competitors and allow users to decide which apps they pre-install on their devices. The DMA will apply to services from Alphabet (GOOGL.O), Amazon (AMZN.O), Apple (AAPL.O), Meta (META.O), Microsoft (MSFT.O) and TikTok owner ByteDance.

Persons: Paresh Dave, ByteDance, Meta, WhatsApp, TikTok, Foo Yun Chee, Supantha Mukherjee, Sharon Singleton, Alexander Smith Organizations: REUTERS, Microsoft, Google, Big Tech, European Union, Markets, Apple, Amazon, Digital Services, European Commission, Digital Markets, Windows, LinkedIn, Industry, Reuters, Facebook, Bloomberg, Thomson Locations: Mountain View , California, U.S, BRUSSELS, STOCKHOLM, Luxembourg, Brussels, Stockholm

☆ The allure of Tennessee: Why Floridians are trading their sandy beaches for a quieter life
▼ + stars: | 2023-10-31 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

Floridians, Texans, and Californians in particular are relocating there for a slower pace of life. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementLindsey Moore, a mom of three and a dental technician who posts about her life on TikTok @lindseyswagmom , recently extolled the virtues of her new home state: Tennessee. She said many Floridians are packing up for places like Knoxville, Tennessee; Greenville, South Carolina; and Huntsville, Alabama, which she collectively calls "the Villes." "People are moving to simpler places because the places that they're leaving are becoming very, very complicated."

Persons: —, Lindsey Moore, TikTok @lindseyswagmom, Moore, didn't, Texas —, Rachael Wedekind, Jamie Foreman, Holly Meyer Lucas, Meyer Lucas, they're, Michael Tyler Organizations: Texans, Service, Volunteer, Memphis, . Software, Oracle, Facebook, Sunshine, Golden State, Knoxville Locations: Tennessee, Floridians, Knoxville, Nashville, Memphis, Florida, California, Texas, New York, Pennsylvania, Smoky, Relocators, Miami, Orlando, Tampa, Knoxville , Tennessee, Greenville , South Carolina, Huntsville , Alabama, Sacramento, Jonesborough

☆ Views on Hamas' military Telegram channel have increased tenfold since the war with Israel began
▼ + stars: | 2023-10-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Hamas' social media following has surged since its attacks on Israel began this month. AdvertisementAdvertisementIn the small digital enclave they have left, the engagement on official Hamas social media accounts is booming, with followers skyrocketing and video views through the roof. AdvertisementAdvertisement"Earlier this week, Hamas used Telegram to warn civilians in Ashkelon to leave the area ahead of their missile strikes. Off Telegram, pro-Hamas posts surgeEven on platforms where Hamas doesn't have official accounts, posts that encourage or sympathize with the militant group have risen sharply after Israel declared war on Hamas following Hamas' attacks on October 7. The DSA includes YouTube, Instagram, and Facebook — but not Telegram — among the very large social platforms it subjects to additional security obligations.

Persons: —, skyrocketing, Elon Musk's, Pavel Durov, Durov, doesn't, Israel, Meta, Linda Yaccarino Organizations: Service, Facebook, Elon, European Union, Hamas, CNN, Atlantic, Forensic Research, Telegram, Meta, YouTube, Twitter, Representatives, Digital Services, DSA Locations: Israel, United States, Ashkelon, Algerian, Europe, Gaza

☆ Indonesia to ban goods transactions on social media - deputy minister
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +2 min

JAKARTA, Sept 12 (Reuters) - Indonesia is planning to ban goods transactions on social media under new trade regulations, the deputy trade minister told a parliamentary hearing on Tuesday. Ministers have repeatedly said that e-commerce sellers using predatory pricing on social media platforms were threatening offline markets in Southeast Asia's biggest economy. Current trade regulations do not specifically cover direct transactions on social media. "Social media and social commerce cannot be combined," Jerry Sambuaga, deputy minister of trade, told the parliament, using the example of sellers using "live" features on the short video platform TikTok to sell goods. "Revisions to the trade regulations that are currently under way will firmly and explicitly ban this," Sambuaga said.

Persons: Jerry Sambuaga, Sambuaga, TikTok, Indonesia's, Dewi Kurniawati, Stefanno Sulaiman, Alex Richardson Organizations: Reuters, Facebook, Momentum, Google, Temasek Holdings, Bain & Company, Thomson Locations: JAKARTA, Indonesia, Asia's, TikTok

☆ Google will soon require disclosures for AI-generated election ads
▼ + stars: | 2023-09-07 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

Election ads running on Google and YouTube that are created with artificial intelligence will soon have to carry a clear disclosure, according to new rules created by the company. The policy will take effect in mid-November and will require election advertisers to disclose that ads containing AI-generated elements have been computer-generated or do not show real events. Election ads that have been digitally created or altered must include a disclosure such as, "This audio was computer-generated," or "This image does not depict real events." Google and other digital ad platforms such as Meta's Facebook and Instagram already have some policies around election ads and digitally altered posts. In 2018, for example, Google began requiring an identity verification process to run election ads on its platforms.

Persons: Google's Bard, — it'll Organizations: Google, YouTube, Facebook, Meta, CNBC Locations: coders, India

☆ Chinese social media campaigns are successfully impersonating U.S. voters, Microsoft warns
▼ + stars: | 2023-09-07 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Chinese state-aligned influence and disinformation campaigns are impersonating U.S. voters and targeting political candidates on multiple social media platforms with improved sophistication, Microsoft said in a threat analysis report Thursday. Chinese influence campaigns have historically struggled to gain traction with intended targets, who in this case are U.S. voters and residents. Policymakers and industry experts have expressed concern about foreign influence campaigns on social media platforms, especially on X, formerly known as Twitter. Microsoft found content from Chinese influence campaigns on multiple apps, including Meta's Facebook and Instagram, Microsoft-owned LinkedIn, and X. In August, Facebook parent Meta announced it had disrupted the largest ever identified disinformation campaign and linked it to China state-affiliated actors.

Persons: Elon Musk, Microsoft's Organizations: U.S, Microsoft, Communist Party, Twitter, Democratic House, Facebook, Meta, CCP, Embassy, Washington , D.C, Justice Department, China's Ministry of Public Security Locations: East Asia, China, U.S, Washington ,

STOCKHOLM, Sept 6 (Reuters) - The EU Commission on Wednesday designated 22 services of six major tech companies as "gatekeepers" of online services providing messaging to video sharing in its latest crackdown on Big Tech. Alphabet's Google had the highest number of services, including Android operating system, Maps and Search, which would face tougher rules. "It's D-Day for #DMA!," EU industry chief Thierry Breton said on X, formerly known as Twitter. "The most impactful online companies will now have to play by our EU rules." A Microsoft spokesperson said it accepts its gatekeeper designation, while Meta, Google and Amazon spokespersons said they were reviewing the designations.

Persons: WhatsApp, Thierry Breton, TikTok, Stavroula Vryna, Clifford Chance, Supantha Mukherjee, Foo Yun Chee, Martin Coulter, Jason Neely, David Evans Organizations: EU, Big Tech, Apple, Microsoft, ByteDance, Google, Android, Facebook, Justice, Digital Services, Meta, Gmail, Edge, Thomson Locations: STOCKHOLM, Luxembourg, iMessage, Stockholm, Brussels, London

☆ US antitrust regulator names Henry Liu to head competition unit
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +2 min

Federal Trade Commission seal is seen at a news conference in Washington, U.S., July 24, 2019. REUTERS/Yuri Gripas/File Photo Acquire Licensing RightsAug 22 (Reuters) - The U.S. Federal Trade Commission (FTC) said on Tuesday that Henry Liu, a partner at law firm Covington Burling, would be the new director of the commission's Bureau of Competition. "I'm excited to have Henry at the helm of the Bureau of Competition," Chair Lina Khan said in a statement. At Covington & Burling, where he worked for 14 years, Liu rose to be a partner in litigation and antitrust practices, according to the statement. Liu went to Yale Law School, graduating in 2007, according to his LinkedIn page.

Persons: Yuri Gripas, Henry Liu, Covington, Liu, Henry, Lina Khan, R, Guy Cole Jr, Bill Clinton, Diane Bartz, Ismail Shakil, Rami Ayyub, Cynthia Osterman Organizations: Federal Trade Commission, REUTERS, U.S . Federal Trade Commission, Competition, Meta's Facebook, Amazon.com, FTC, Big Tech, Justice Department, Albertsons, Covington &, Yale Law School, U.S ., Appeals, Sixth Circuit, Thomson Locations: Washington , U.S, commission's, Covington, Covington & Burling, Washington, Ottawa

REUTERS/Gonzalo Fuentes/File PhotoWASHINGTON, Aug 7 (Reuters) - Amazon.com (AMZN.O) is set to meet next week with the U.S. Federal Trade Commission (FTC) ahead of a potential long-awaited antitrust lawsuit against the retailer, according to a source familiar with the matter. The FTC began probing Amazon during former President Donald Trump's administration when the government decided to investigate Amazon, Google, Faceboook and Apple for allegedly breaking antitrust law. The company has been criticized for allegedly favoring its own products and disfavoring outside sellers on its platform, among other allegations. Amazon is expected to argue at the meetings with the commissioners that the FTC should not file an antitrust suit against the company, a separate source said. The Justice Department has sued Google twice, once regarding its search business and a second time on advertising technology.

Persons: Gonzalo Fuentes, Donald Trump's, Lina Khan, David Shepardson, Diane Bartz, Chris Reese, Mark Potter, David Gregorio Our Organizations: Viva Technology, Porte de, REUTERS, U.S . Federal Trade Commission, FTC, Google, Apple, Amazon, Yale, Trump Justice Department, Facebook, Meta's Facebook, Thomson Locations: Porte, Paris, France

☆ Google and Meta got customer data from tax prep firms, and lawmakers want a probe
▼ + stars: | 2023-07-12 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

A group of lawmakers led by Massachusetts Democratic Sen. Elizabeth Warren are calling on the Biden administration to investigate how tax prep software companies may have illegally shared customer data with tech platforms Google and Meta . Some statements the tax prep companies provided to the publications at the time seemed to indicate the data sharing was done accidentally. Our system is designed to filter out potentially sensitive data it is able to detect." Among their findings released Wednesday, the lawmakers said that millions of taxpayers' information had been shared with Big Tech firms through the tax prep software and that both the tax prep companies and tech firms were "reckless" in how they handled sensitive information. Although Meta and Google both said they have filters to catch sensitive data that's inadvertently collected, they seemed to be "ineffective," the lawmakers wrote.

Persons: Sen, Elizabeth Warren, Massachusetts Democratic Sen, Biden, General Merrick Garland, Lina Khan, Daniel Werfel, J, Russell George, TaxAct, Block, Ron Wyden, Richard Blumenthal, Conn, Tammy Duckworth, Bernie Sanders, Sheldon Whitehouse, Katie Porter, Warren, Meta Organizations: Capitol, Massachusetts Democratic, Google, Federal Trade, Tax, Facebook, Meta, CNBC, Big Tech, YouTube, Apple Locations: Washington ,, Sens, D

SYDNEY, July 11 (Reuters) - Social media giant Meta Platforms (META.O), owner of Facebook and Instagram, plans to label government-affiliated accounts on its new Twitter-like platform Threads, an executive told an Australian inquiry on foreign interference on Tuesday. The disclosure comes less than a week after Meta launched Threads, which is widely seen as similar to the microblogging site Twitter. Twitter has removed tags from government-affiliated accounts since billionaire Elon Musk took it private in 2022, bringing complaints about degrading users' media literacy. Asked if Russian state-affiliated broadcaster RT or Chinese government-affiliated publisher Xinhua News Agency would be tagged accordingly on Threads, Machin said, "that's our aspiration". "To the effect that any state-affiliated media are violating our policies, we would remove them," he told the inquiry.

Persons: Josh Machin, Meta's, Elon Musk, Machin, James Paterson, Meta, Meta's Machin, Byron Kaye, Lewis Jackson, Jamie Freed Organizations: SYDNEY, Facebook, Meta, Twitter, RT, Xinhua, Agency, Reuters, Australian Communications, Media Authority, Thomson Locations: Australia, Russia, China, Lincoln

☆ Meta's Facebook, Instagram, Whatsapp down for thousands of users - Downdetector.com
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: 1 min

[1/2] Facebook, Whatsapp and Instagram logos are displayed in this illustration taken October 4, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoJuly 10 (Reuters) - Thousands of U.S. users across Meta Platforms' (META.O) social media offerings Instagram and Facebook, and messaging app WhatsApp reported outages on Monday, according to Downdetector.com. As many as 13,000 users reported issues with accessing Instagram, while around 5,400 and 1,870 users faced outages on Facebook and WhatsApp, respectively. Downdetector tracks outages by collating status reports from a number of sources including user-submitted errors on its platform. The outage could have affected a larger number of users.

Persons: Dado Ruvic, Meta, Savyata Mishra, Vinay Dwivedi Organizations: REUTERS, Facebook, Thomson Locations: Bengaluru

☆ MLB All-Star Game, baseball cards, are first big test of Fanatics livestream shopping experience
▼ + stars: | 2023-07-10 | by ( Ian Thomas | ) www.cnbc.com time to read: +5 min

(Photo by Justin Berl/Getty Images)Fanatics' first livestream shopping event will feature collectors opening baseball trading card packs on the field during this week's Major League Baseball All-Star Game events in Seattle. The sports platform's new business division, which is called Fanatics Live, is centered around live shopping experiences during which users will be able to buy trading cards and other collectibles on the Fanatics Live app while watching streams of hosts and other collector sellers. "Our intention is to have Fanatics Live be the leader in the live commerce space," Bell said. Livestream shopping, which got its start in China and across Asia, has grown into a $512 billion market, according to Coresight Research. Bell acknowledged the challenges for livestream shopping in the U.S. but said he sees them as an opportunity.

Persons: Justin Berl, Nick Bell, Bell, — Bell, —, Chris Lamontagne, Scott Rogowski, Michael Rubin, – Bell Organizations: Pittsburgh Pirates, Milwaukee Brewers, PNC Park, Major League Baseball, Google, Mobile, Research, eBay, Facebook, QVC, U.S, Meta, CNBC Disruptor Locations: Pittsburgh , Pennsylvania, Seattle, U.S, China, Asia

☆ Vietnam tells foreign social media to use AI to detect 'toxic' content
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +2 min

HANOI, June 30 (Reuters) - Vietnam has told cross-border social platforms to use artificial intelligence (AI) models that can detect and remove "toxic" content automatically, the latest requirement in its stringent regime for social media firms, state media reported on Friday. Vietnam has repeatedly asked companies like Meta's Facebook (META.O), Google's YouTube (GOOGL.O) and TikTok to coordinate with authorities to stamp out content deemed "toxic", such as offensive, false and anti-state content. YouTube removed 6,101 videos while TikTok took down 415 links, the info ministry said in a statement. Vietnam in recent years has issued several regulations together with a cybersecurity law that target foreign social media platforms in a bid to battle disinformation in news and force foreign tech firms to establish representative offices in Vietnam and store data in the country. VTV reported the info ministry saying at Friday's event that U.S streaming giant Netflix (NFLX.O) had submitted documents needed to open a local office in Vietnam.

Persons: TikTok, VTV, Phuong Nguyen, Mark Potter Organizations: Facebook, YouTube, Vietnam Television, Reuters, Netflix, Thomson Locations: HANOI, Vietnam

☆ Cambodia PM ditches Facebook as Meta mulls case over alleged threats
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +2 min

June 29 (Reuters) - Cambodian Prime Minister Hun Sen has stopped using Facebook to communicate with the public in favour of Telegram, switching to what he called a "better" application amid an ongoing case over whether he violated Meta Platforms' (META.O) rules. Meta's independent oversight board took on a case in March centred on allegations that Hun Sen violated Meta's community standards on violence and incitement. Hun Sen has a following of 14 million on Facebook, a figure close to the size of Cambodia's population. "It is better compared to Facebook," he said of Telegram in a post on Wednesday. Hun Sen has made no comment on the Meta case.

Persons: Hun Sen, Phay Siphan, Hun Sen's, Martin Petty, Kanupriya Kapoor Organizations: Cambodian, Facebook, Cambodian People's Party, Reuters Staff, Thomson Locations: Cambodia

☆ Meta's Oversight Board asks Facebook owner to evaluate election integrity efforts
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +2 min

The board said on Thursday that Meta's original decision to leave up the Facebook video, which featured a Brazilian general calling people to "hit the streets," raised concerns about the effectiveness of the company's election integrity efforts. "In this case, the speaker's intent, the content of the speech and its reach, as well as the likelihood of imminent harm ... all justified removing the post," said the Oversight Board, whose recommendations are not binding on Meta. The company's election preparedness efforts are in focus as the United States prepares for the presidential elections next year. The company was also among the social media platforms that suspended Trump in 2021 after the deadly Jan. 6 Capitol Hill riot, determining he had incited violence. Meta, in a response to the board, said that it does not currently have metrics for measuring the success of its election integrity efforts generally.

Persons: Meta, Republican Donald Trump, Yuvraj Malik, Varun Organizations: Facebook, Meta, United States, Republican, Trump, Thomson Locations: United, Bengaluru

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