INSIDER
With Musk's X banned in Brazil, its users carve out new digital homes
Read full article: With Musk's X banned in Brazil, its users carve out new digital homesAs billionaire Elon Muskโs clash with a Brazilian Supreme Court justice came to a head last week, there were legal twists, insults, ultimatums, defiance and then, finally, capitulation.
Bluesky, a social network championed by Jack Dorsey, opens for anyone to sign up
Read full article: Bluesky, a social network championed by Jack Dorsey, opens for anyone to sign upThe Twitter-like social network championed by Twitter co-founder Jack Dorsey has emerged from its cocoon and is now allowing anyone to create an account and join the service.
Quick grants from tech billionaires aim to speed up science research. But not all scientists approve
Read full article: Quick grants from tech billionaires aim to speed up science research. But not all scientists approvePatrick Collison, the now 34-year-old billionaire CEO of the online payments company Stripe, and economist Tyler Cowen worried scientific progress seemed to be slowing down.
Judge nixes Block shareholder suit over online music deal
Read full article: Judge nixes Block shareholder suit over online music dealA Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in a music streaming service partly owned by rapper Jay-Z.
Ex-Twitter execs to testify on block of Hunter Biden story
Read full article: Ex-Twitter execs to testify on block of Hunter Biden storyThe House Oversight Committee is set to hear testimony from former Twitter employees involved in the social media platformโs handling of reporting on President Joe Bidenโs son Hunter.
A timeline of billionaire Elon Musk's bid to control Twitter
Read full article: A timeline of billionaire Elon Musk's bid to control TwitterReports say Elon Musk is proposing to go through with his $44 billion takeover of Twitter, a move that would end a legal fight between the billionaire and the social media company.
Musk and Twitter CEO Agrawal were briefly pals, texts show
Read full article: Musk and Twitter CEO Agrawal were briefly pals, texts showNewly disclosed text messages between Elon Musk and Twitter CEO Parag Agrawal showed that the two men briefly bonded in April over their love of engineering โ at least until Musk tweeted this message early on Aug. 9: โIs Twitter dying.
Whistleblower: China, India had agents working for Twitter
Read full article: Whistleblower: China, India had agents working for TwitterTwitterโs former security chief told Congress Tuesday there was โat least one agentโ from Chinaโs intelligence service on Twitterโs payroll โ and that the company knowingly allowed India to add agents to the company roster as well.
Twitter whistleblower bringing security warnings to Congress
Read full article: Twitter whistleblower bringing security warnings to CongressPeiter โMudge" Zatko, the Twitter whistleblower who is warning of security flaws, privacy threats and lax controls at the social platform, will take his case to Congress on Tuesday.
Congress wants to hear what Twitter whistleblower has to say
Read full article: Congress wants to hear what Twitter whistleblower has to sayU.S. lawmakers are anxious to hear from Twitterโs former security chief, who has alarmed Washington with allegations that the influential social network misled regulators about its cyber defenses and efforts to control fake accounts.
How tiny, volunteer nonprofit raised $57 million for Ukraine
Read full article: How tiny, volunteer nonprofit raised $57 million for UkraineFor most of its eight-year history, Razom for Ukraine, a U.S.-based charity run by Ukrainian and Ukrainian American volunteers, has raised about $150,000 a year to help promote a free and prosperous Ukraine.
Musk subpoenas former Twitter CEO and friend Jack Dorsey
Read full article: Musk subpoenas former Twitter CEO and friend Jack DorseyTesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found.
Elon Musk revises Twitter financing plan; shares jump
Read full article: Elon Musk revises Twitter financing plan; shares jumpElon Musk on Wednesday revised the financing plan for his proposed $44 billion purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk's own unpredictable fixation with the number of fake accounts on Twitter.
Wall Street, tech investors back Musk Twitter bid with $7B
Read full article: Wall Street, tech investors back Musk Twitter bid with $7BElon Musk has strengthened the equity stake in his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Oracle co-founder and Tesla board member Larry Ellison.
EXPLAINER: What Elon Musk at Twitter might mean for users
Read full article: EXPLAINER: What Elon Musk at Twitter might mean for usersTesla CEO Elon Musk now has a 9% stake in Twitter and a seat on its corporate board of directors, raising questions about how the billionaire business magnate could reshape the social media platform.
Twitter says it's testing an 'edit' button
Read full article: Twitter says it's testing an 'edit' buttonTwitter tweeted Tuesday that it is indeed working on a way for users to edit their 280-character messages, although it says the project has nothing to do with the fact that edit-function fan Elon Musk was just revealed as the companyโs largest shareholder and now sits on its board.
Gates, French Gates top list of biggest U.S. charity donors
Read full article: Gates, French Gates top list of biggest U.S. charity donorsA handful of Americans donated at least $1 billion to charity last year, according to theโฏChronicle of Philanthropyโs annual ranking of the 50 Americans who gave the most to charity in 2021.
New Twitter CEO steps from behind the scenes to high profile
Read full article: New Twitter CEO steps from behind the scenes to high profileNewly named Twitter CEO Parag Agrawal (PUH-rag AH-gur-wahl) has emerged from behind the scenes to take over one of Silicon Valleyโs highest-profile and politically volatile jobs.
Collins Dictionary picks NFT as word of the year 2021
Read full article: Collins Dictionary picks NFT as word of the year 2021Collins Dictionary has chosen the term NFT as its word of the year after surging interest in the digital tokens that can sell for millions of dollars brought it into the mainstream.
Prince Harry says he warned Twitter CEO of U.S. Capitol riot
Read full article: Prince Harry says he warned Twitter CEO of U.S. Capitol riotBritainโs Prince Harry has sharply attacked the failure of social media companies to challenge hate online, revealing that he warned the chief executive of Twitter ahead of the Jan. 6 Capitol riots that the site was being used to stage political unrest.
Foundations, new donors build $48M fund to support workers
Read full article: Foundations, new donors build $48M fund to support workersA fund created by a group of social-justice-minded foundations including Ford and Rockefeller and donors like Jack Dorsey and MacKenzie Scott shortly after COVID hit has more than quadrupled in size to $48 million and is now pouring money into activities and advocacy to strengthen the social safety net and increase worker pay.
Trump asks US judge to force Twitter to restore his account
Read full article: Trump asks US judge to force Twitter to restore his accountFormer President Donald Trump wants a federal judge in Florida to force Twitter to restore his account, which the company suspended in January following the deadly storming of the U.S. Capitol.
Square to buy installment payment firm Afterpay in $29B deal
Read full article: Square to buy installment payment firm Afterpay in $29B dealDigital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a โbuy now, pay laterโโ option for merchants, in an all-stock deal valued at about $29 billion.
Free money for all? Mayors hope local tests bring big change
Read full article: Free money for all? Mayors hope local tests bring big changeDozens of cities and counties and the state of California are experimenting with giving some low-income residents a guaranteed income of $500 to $1,000 each month to do with as they please, and tracking what happens.
EXPLAINER: Why has the price of Bitcoin been falling?
Read full article: EXPLAINER: Why has the price of Bitcoin been falling?The price of the famously volatile digital currency Bitcoin fell nearly 30% at one point Wednesday after the China Banking Association warned member banks of the risks associated with digital currencies.
The Latest: Twitter grilled about blocking a NY Post article
Read full article: The Latest: Twitter grilled about blocking a NY Post articleScott Applewhite)WASHINGTON โ The latest news from a House committee questioning the CEOs of Facebook, Google and Twitter. ___2:30 p.m.Rep. Steve Scalise, a Louisiana Republican, raised the long-running conservative talking point that Twitter, Facebook and Google are biased against conservative viewpoints and censor material based on political or religious viewpoints. Scalise highlighted Twitterโs blocking of a New York Post article on Hunter Biden, which CEO Jack Dorsey said was a mistake that the company corrected within 24 hours. AdThis would include product vice presidents of integrity, trust and safety and vice presidents of platform policy โ at Facebook, Twitter, YouTube (rather than Google, which owns YouTube) and perhaps an upstart like TikTok. Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey and Sundar Pichai, CEO of YouTube parent Google, are facing questioning at a hearing by the House Energy and Commerce Committee.
Lawmakers press Big Tech CEOs on speech responsibility
Read full article: Lawmakers press Big Tech CEOs on speech responsibilityRepublicans raised long-running conservative grievances, unproven, that the platforms are biased against conservative viewpoints and censor material based on political or religious viewpoints. There is increasing support in Congress for legislation to rein in Big Tech companies. The tech CEOs defended the legal shield under Section 230, saying it has helped make the internet the forum of free expression that it is today. Trump enjoyed special treatment on Facebook and Twitter until January, despite spreading misinformation, pushing false claims of voting fraud, and promulgating hate. The tech blog Gizmodo eventually revealed the device was a โBlockClockโ that shows the latest prices of cryptocurrencies like bitcoin and ethereum.
Report: Extremist groups thrive on Facebook despite bans
Read full article: Report: Extremist groups thrive on Facebook despite bansMore than two-thirds of the groups and pages had names that aligned with several domestic extremist movements, the report found. Facebook acknowledged that its policy enforcement โisn't perfect,โ but said the report distorts its work against violent extremism and misinformation. In October, it banned QAnon groups across its platform. It has also banned extremist and militia movements and boogaloo groups with varying degrees of success. ___This story has been corrected to show that the groups were still active on the platform as of Feb. 24, not March 18.
Stripe raises $600M, company valued at $95B
Read full article: Stripe raises $600M, company valued at $95B(AP Photo/David J. Phillip)The online payment company Stripe continues to attract investors, raising $600 million in funding to reach a whopping company valuation of $95 billion. Stripe is by far the most valuable private fintech company in the world. Companies that enable online payments have thrived in the pandemic. Stripe's valuation has almost tripled in a year. Stripe said Sunday that the latest round of funding includes investments from Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital, and Irelandโs National Treasury Management Agency.
Square, Inc. to buy majority of Tidal and put Jay-Z on board
Read full article: Square, Inc. to buy majority of Tidal and put Jay-Z on boardFILE - In this July 23, 2019, file photo, Jay-Z makes an announcement of the launch of Dream Chasers record label in joint venture with Roc Nation, at the Roc Nation headquarters in New York.Financial technology company Square, Inc. says it has reached an agreement to acquire majority ownership of Tidal, the music streaming service partly owned by Jay-Z. (Photo by Greg Allen/Invision/AP, File)SAN FRANCISCO โ Financial technology company Square, Inc. said Thursday that it has reached an agreement to acquire majority ownership of Tidal, the music streaming service partly owned by Jay-Z. Under the deal, Square will pay $297 million in cash and stock for Tidal, Jay-Z will be named to Square's board of directors, and he and other artists who currently own shares in Tidal will remain stakeholders. Tidal has presented itself as the artist-friendly alternative to other music streamers, and Square says it will take that phenomenon further for musicians just as it has for businesses with its financial systems. AdJay-Z said in the statement that the โpartnership will be a game-changer for many.โ I look forward to all this new chapter has to offer!"
English soccer at breaking point over abuse on social media
Read full article: English soccer at breaking point over abuse on social mediaRacist abuse. And social media accounts allowed to stay active even after spreading bile. English football has reached breaking point with players, coaches, referees and officials aghast at the ongoing proliferation of hate aimed at them on Instagram and Twitter. The police appear more determined to intervene and prosecute offenders who have used social media to hurl hatred. The government is also introducing legislation โ the online safety bill โ that could see social media companies fined for failing to protect their users.
English soccer heads ask Zuckerberg, Dorsey to act on racism
Read full article: English soccer heads ask Zuckerberg, Dorsey to act on racismThe leaders of English soccer have asked the heads of Facebook and Instagram to show basic human decency by taking more robust action to eradicate racism and for users identities to be verified. There has been growing outrage that players from the Premier League to the Womens Super League have been targeted with abuse on Twitter and Facebook-owned Instagram. โThe language used is debasing, often threatening and illegal,โ the eight English soccer leaders, including from the Football Association and Premier League, wrote to Twitter CEO Jack Dorsey and Facebook chairman Mark Zuckerberg. The letter was signed by the CEOs of the English Football Association (Mark Bullingham), Premier League (Richard Masters), English Football League (Trevor Birch), Professional Footballersโ Association (Gordon Taylor) and League Managersโ Association (Richard Bevan). Threats of violence on social media have also alarmed English soccer this week.
EXPLAINER: What is Clubhouse, the buzzy new audio chat app?
Read full article: EXPLAINER: What is Clubhouse, the buzzy new audio chat app?The icon for the social media app Clubhouse is seen on a smartphone screen in Beijing, Tuesday, Feb. 9, 2021. You can also download the app and get on a waiting list to be let into Clubhouse. Although Clubhouse hasn't divulged how many people are using its service, its app has been downloaded 5.3 million times, according to analytics firm App Annie. Thousands of Chinese users have flocked to the app in recent months, lured by the unfettered discussions it allowed with people abroad โ particularly about democracy, Taiwan and other sensitive topics. Users still could download it if they had access to an Apple app store abroad.
Twitter posts strong Q4 results as user base, revenue jumps
Read full article: Twitter posts strong Q4 results as user base, revenue jumpsFILE - This July 9, 2019, file photo shows a sign outside of the Twitter office building in San Francisco. Twitter posted solid results for the last three months of 2020, capping what CEO Jack Dorsey called an extraordinary year for the platform. Analysts, on average, were expecting earnings of 29 cents per share and revenue of $1.18 billion, according to a poll by FactSet. Twitter had 192 million daily users, on average, in the quarter, up 27% year-over-year. By comparison, Facebook had 1.84 billion daily users on average in December 2020, an increase of 11% year-over-year.
Bezos and Bloomberg among top 50 US charity donors for 2020
Read full article: Bezos and Bloomberg among top 50 US charity donors for 2020Bezos is one of the 50 Americans who gave the most to charity in 2020, according to the Chronicle of Philanthropys annual rankings. โThere has been change building among private donors.โAll told, the 50 biggest donors contributed $24.7 billion in 2020, compared with $15.8 billion in 2019. The $1 billion-plus of giving by each of the top five on the Philanthropy 50 matches last yearโs record. No more than three donors gave $1 billion or more in any of the previous years. Colleges and universities received $2.2 billion from Philanthropy 50 donors in 2020.
Facebook's oversight board to rule on Trump ban
Read full article: Facebook's oversight board to rule on Trump banFacebooks quasi-independent oversight board will decide whether the companys decision to ban Trump indefinitely from its platform for inciting his supporters to storm the Capitol was the right one. ,(AP Photo/Luis M. Alvarez)OAKLAND, Calif. โ Facebook is passing the buck for its indefinite suspension of former president Donald Trump to a quasi-independent oversight board, setting up a major test of the recently established panel. But it said it's referring the matter to the oversight board for what it called an โindependent judgmentโ on upholding the decision. The first four board members were directly chosen by Facebook. CEO Jack Dorsey defended his companyโs Trump ban in a philosophical Twitter thread last week, saying that resulting risk to public safety created an โextraordinary and untenable circumstanceโ for the company.
Trump to leave Washington on morning of Biden's inauguration
Read full article: Trump to leave Washington on morning of Biden's inaugurationFILE - In this Tuesday, Jan. 12, 2021, file photo, President Donald Trump arrives on the South Lawn of the White House, in Washington, after returning from Texas. (AP Photo/Gerald Herbert, File)WASHINGTON โ President Donald Trump will leave Washington next Wednesday morning just before President-elect Joe Bidenโs inauguration to begin his post-presidential life in Florida. He has not invited the Bidens to the White House for the traditional bread-breaking, nor has he spoken with Biden by phone. Stewart D. McLaurin, the president of the White House Historical Association, said he had reached out to the White House chief usher, who manages the building's artifacts with the White House curator, because of questions raised by the images. That includes White House press secretary Kayleigh McEnany.
Twitter CEO defends Trump ban, warns of dangerous precedent
Read full article: Twitter CEO defends Trump ban, warns of dangerous precedentDorsey broke his silence to defend his companys ban of President Donald Trump as the right decision, but warned that it could set a dangerous precedent. The ban, he said, revealed Twitters failure to create an open and healthy space for what Dorsey calls the global public conversation. (Michael Reynolds/Pool Photo via AP, File)SAN FRANCISCO โ Twitter CEO Jack Dorsey defended his companyโs ban of President Donald Trump in a philosophical Twitter thread that is his first public statement on the subject. โI do not celebrate or feel pride in our having to ban @realDonaldTrump from Twitter,โ Dorsey wrote. The Twitter co-founder, however, had little specific to say about how his platform or other Big Tech companies could avoid such choices in the future.
Twitter bans Trump, citing risk of violent incitement
Read full article: Twitter bans Trump, citing risk of violent incitementThis Friday, Jan. 8, 2021 image shows the suspended Twitter account of President Donald Trump. On Friday, the social media company permanently suspended Trump from its platform, citing "risk of further incitement of violence." (AP Photo/Tali Arbel)Twitter banned President Donald Trump's account Friday, citing โthe risk of further incitement of violence" following the deadly insurrection at the U.S. Capitol on Wednesday. On Thursday, Facebook suspended Trump's account through Jan. 20 and possibly indefinitely. Twitter merely suspended Trump's account for 12 hours after he posted a video that repeated false claims about election fraud and praised the rioters who stormed the Capitol.
Timeline: After years of slow steps, Facebook muzzles Trump
Read full article: Timeline: After years of slow steps, Facebook muzzles TrumpNov. 10, 2016: Days after Trump's election, Facebook CEO Mark Zuckerberg calls the idea that โfake newsโ on Facebook had influenced the election โa pretty crazy idea." Jan. 4, 2018: Zuckerberg declares his 2018 resolution is to โfixโ Facebook. October-November 2018: Ahead of the 2018 U.S. midterm election, Facebook removes hundreds of accounts, pages and groups for suspected links to foreign election interference. May-June 2020: Facebook declines to remove Trump posts that suggest protesters in Minneapolis could be shot. Facebook also declines to take action on two Trump posts spreading misinformation about voting by mail.
Amazon's Bezos tops list of richest charitable gifts in 2020
Read full article: Amazon's Bezos tops list of richest charitable gifts in 2020โ The world's richest person made the single-largest charitable contribution in 2020, according to The Chronicle of Philanthropy's annual list of top donations, a $10 billion gift that is intended to help fight climate change. Amazon's founder and CEO, Jeff Bezos, whose โreal-timeโ worth Forbes magazine estimates at roughly $188 billion, used the contribution to launch his Bezos Earth Fund. According to the left-leaning Americans for Tax Fairness and the Institute for Policy Studies, from March 18 through Dec. 7, 2020, Bezos' wealth surged by 63%, from $113 billion to $184 billion. Bezos and the Zuckerbergs made up the next spots on last year's top 10 list, with $100 million donations โ Bezos for Feeding America to aid food banks across the country and the Zuckerbergs to the same election security group. In February, the Chronicle will publish its list of the 50 biggest donors, which counts cumulative donations, not individual gifts.
Twitter launches disappearing tweets that vanish in a day
Read full article: Twitter launches disappearing tweets that vanish in a dayTwitter is launching tweets that disappear in 24 hours called โFleetsโ globally, echoing social media sites like Snapchat, Facebook and Instagram that already have disappearing posts. Twitter tested the feature in Brazil, Italy, India, and South Korea, before rolling it out globally. Fleets are a โlower pressureโ way to communicate โfleeting thoughtsโ as opposed to permanent tweets, Twitter executives Joshua Harris, design director, and Sam Haveson, product manager, said in a blog post. The news comes the same day Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg faced questions from a Senate Judiciary Committee about how they handled disinformation surrounding the presidential election. Such features are increasingly popular with social media users looking for smaller groups and and more private chats.
Twitter, Facebook CEOs vow election action; GOP touts curbs
Read full article: Twitter, Facebook CEOs vow election action; GOP touts curbsRepublican senators, including Committee Chairman Sen. Lindsey Graham, revived complaints of censorship and anti-conservative bias against the social media platforms. The actions that Twitter and Facebook took to quell the spread of disinformation angered Trump and his supporters. They have focused their concern on hate speech and incitement on social media platforms that can spawn violence. Twitter and Facebook have both slapped a misinformation label on some content from Trump, most notably his assertions linking voting by mail to fraud. For days after the election as the vote counting went on, copycat โStop the Stealโ groups were easily found on Facebook.
Facebook, Twitter CEOs to be pressed on election handling
Read full article: Facebook, Twitter CEOs to be pressed on election handlingThe committee summoned the CEOs of Twitter, Facebook and Google to testify during the hearing. (Michael Reynolds/Pool via AP)WASHINGTON โ The CEOs of Facebook and Twitter are being summoned before Congress to defend their handling of disinformation in the 2020 presidential election, even as lawmakers questioning them are deeply divided over the election's integrity and results. Twitter and Facebook have both slapped a misinformation label on some content from Trump, most notably his assertions linking voting by mail to fraud. Facebook insists that it has learned its lesson from the 2016 election and is no longer a conduit for misinformation, voter suppression and election disruption. The organization had pressed Facebook to take down the โStop the Stealโ group.
LIVE STREAM: Mark Zuckerberg, Jack Dorsey testify at Senate hearing
Read full article: LIVE STREAM: Mark Zuckerberg, Jack Dorsey testify at Senate hearingCopyright 2020 by WDIV ClickOnDetroit - All rights reserved. WASHINGTON โ Facebook CEO Mark Zuckerberg and Twitter CEO Jack Dorsey testify at virtual Senate hearing on whether the technology industry enables bad behavior. (Copyright 2019 The Associated Press. All rights reserved)If you need help with the Public File, call (313) 222-0566.
Social media CEOs rebuff bias claims, vow to defend election
Read full article: Social media CEOs rebuff bias claims, vow to defend electionThe committee summoned the CEOs of Twitter, Facebook and Google to testify during the hearing. Dorsey said Twitter was working closely with state election officials. Dorsey told Cruz that he does not believe that Twitter can influence elections because it's only one source of information. GOP senators raised with the executives an array of allegations of other bias on the platforms regarding Iran, China and Holocaust denial. โWe approach our work without political bias, full stop," Pichai said.
Social media CEOs to face grilling from Republican senators
Read full article: Social media CEOs to face grilling from Republican senatorsWASHINGTON โ Less than a week before Election Day, the CEOs of Twitter, Facebook and Google are set to be grilled by Republican senators making unfounded allegations that the tech giants show anti-conservative bias. With the election looming, Republicans led by President Donald Trump have thrown a barrage of grievances at Big Techโs social media platforms, which they accuse without evidence of deliberately suppressing conservative, religious and anti-abortion views. The tech platforms are gateways to news online. It proposes that Congress enact rules preventing tech platforms from taking local news content without fair payment. โFor too long, social media platforms have hidden behind Section 230 protections to censor content that deviates from their beliefs,โ Sen. Roger Wicker, R-Miss., the committee chairman, said recently.
Facebook, Twitter CEOs ordered to testify by GOP senators
Read full article: Facebook, Twitter CEOs ordered to testify by GOP senatorsFILE - This combination of photos shows logos for social media platforms Facebook and Twitter. (AP Photo/File)WASHINGTON โ The GOP push against Facebook and Twitter accelerated Thursday after Republican senators threatened the CEOs of the social media companies with subpoenas to force them to address accusations of censorship in the closing weeks of the presidential campaign. Russia backed President Donald Trump's 2016 campaign through hacking of Democratic emails and a covert social media campaign. It was the first time in recent memory that the two social media platforms enforced rules against misinformation on a story from a mainstream media publication. With Trump leading the way, conservatives have stepped up their claims that Facebook, Twitter and Google, which owns YouTube, are biased, charging without evidence Silicon Valleyโs social media platforms are deliberately suppressing conservative views.
Nigeria's anti-police brutality protests block major roads
Read full article: Nigeria's anti-police brutality protests block major roadsNigerian protests against police brutality continued Friday for the ninth day, with demonstrators fending off attacks from gangs suspected to be backed by the police, warnings from the Nigerian military, and a government order to stop because of COVID-19. (AP Photo/Sunday Alamba)LAGOS โ Nigerian protests against police brutality continued Friday for the ninth day, with demonstrators fending off attacks from gangs suspected to be backed by the police, warnings from the Nigerian military, and a government order to stop because of COVID-19. In Lagos, Nigeria's largest city, protesters blocked the road to the international airport and the main highway into the city. The Lagos-Ibadan highway, one of Nigeria's busiest, is the main road linking the port city to the rest of Nigeria. The protests erupted last week after a video circulated online showing a man being beaten, apparently by police from the SARS unit.
Twitter CEO says it was wrong to block links to Biden story
Read full article: Twitter CEO says it was wrong to block links to Biden storyTwitter was wrong to block weblinks to an unverified political story, CEO Jack Dorsey said on Friday, as the company responded to criticism over its handling of the story that had prompted cries of censorship from the right. โStraight blocking of URLs was wrong, and we updated our policy and enforcement to fix,โ he tweeted. Dorsey was weighing in after an executive at the social media company announced changes late Thursday to its policy on hacked content following an onslaught of criticism. And instead of blocking links from being shared, tweets will be labeled to provide context, Gadde said. San Francisco-based Twitter initially responded by banning users from sharing links to the article in tweets and direct messages because it violated the companyโs policy prohibiting hacked content.
Why tech giants limited the spread of NY Post story on Biden
Read full article: Why tech giants limited the spread of NY Post story on BidenOAKLAND, Calif. โ When Facebook and Twitter moved quickly this week to limit the spread of an unverified political story published by the conservative-leaning New York Post, it led to predictable cries of censorship from the right. But if social media titans arenโt careful, their attempts to clamp down on a story can amplify it further. For the first time in recent memory, the two social media platforms enforced rules against misinformation on a story from a mainstream media publication. Twitter, meanwhile, blocked users from tweeting out the link to the story and from sending it in private messages. In part because of this, and in part by the mere act of trying to limit the story, the tech platforms soon became the story, especially in conservative circles where purported bias from Big Tech is already a prime talking point.
CEOs of 3 tech giants to testify at Oct. 28 Senate hearing
Read full article: CEOs of 3 tech giants to testify at Oct. 28 Senate hearingWASHINGTON โ The CEOs of technology giants Facebook, Google and Twitter are expected to testify for an Oct. 28 Senate hearing on tech companiesโ control over hate speech and misinformation on their platforms. It marks a new bipartisan initiative against Big Tech companies, which have been under increasing scrutiny in Washington and from state attorneys general over issues of competition, consumer privacy and hate speech. With Trump leading the way, conservative Republicans have kept up a barrage of criticism of Silicon Valleyโs social media platforms, which they accuse without evidence of deliberately suppressing conservative views. The Justice Department has asked Congress to roll back long-held legal protections for online platforms, putting down a legislative marker in Trumpโs drive against the social media giants. Democrats, on the other hand, have focused their criticism of social media mainly on hate speech, misinformation and other content that can incite violence or keep people from voting.
Senate panel moves to compel 3 social media CEOs to testify
Read full article: Senate panel moves to compel 3 social media CEOs to testify(AP Photo/Amr Alfiky, File)WASHINGTON โ A Senate panel voted Thursday to compel testimony from the CEOs of Facebook, Google and Twitter as lawmakers opened a new front in the battle over hate speech, misinformation and perceived political bias on social media a month before the presidential election. With Trump leading the way, conservative Republicans have kept up a barrage of criticism of Silicon Valleyโs social media platforms, which they accuse without evidence of deliberately suppressing conservative views. The Justice Department has asked Congress to roll back long-held legal protections for online platforms, putting down a legislative marker in Trumpโs drive against the social media giants. At a White House event last week, officials said the legislative proposal would protect the open internet and prevent hidden manipulation by social media. The subcommittee, which is expected to issue a report on its findings soon, held a hearing Thursday at which experts discussed proposals to strengthen the antitrust laws and promote competition among Big Tech companies.
Jay-Z, Pharrell to release new song about Black ambition
Read full article: Jay-Z, Pharrell to release new song about Black ambitionNEW YORK Jay-Z and Pharrell Williams have teamed up to release a new song about Black ambition titled Entrepreneur." Black Twitter, whats that? When Jack gets paid, do you? raps Jay-Z, referring to Twitter CEO Jack Dorsey. For every one Gucci, support two FUBUs.On the track, Williams sings: In this position with no choice/The system imprison young Black boys/Distract with white noise." Williams told TIME the song is about how tough it is to be an entrepreneur in our country to begin with."
Rising star in Detroit departs suddenly for Silicon Valley
Read full article: Rising star in Detroit departs suddenly for Silicon ValleyThe chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise departure to join Jack Dorsey's startup, Stripe. She has helped the company strengthen our balance sheet, improve our cost structure, focus on cash generation and drive the right investments for our future. Stripe is maintaining a $2 billion balance sheet, more fortress-like than besieged, as so many major companies have become during the COVID-19 crisis. Adding to Stripes client roster this year alone are the companies Caviar, Coupa, Just Eat, Mattel, NBC, and Paid. I really enjoy leading complex, large-scale businesses and I hope to use my skills to help accelerate Stripes already steep growth trajectory.General Motors named John Stapleton, GM North America chief financial officer, as acting global chief financial officer, effective Saturday.
Beyonc drops surprise single 'Black Parade' on Juneteenth
Read full article: Beyonc drops surprise single 'Black Parade' on JuneteenthLOS ANGELES Beyonc did not let Juneteenth pass without dropping one of her signature surprises a new single called Black Parade.Im going back to the South, Im going back where my roots aint watered down," Beyonc sings, opening the track. Black joy is your right, the message said. We got rhythm, we got pride, we birth kings, we birth tribes, Beyonc sings toward the end of the nearly five-minute song. The release of Black Parade is the singers latest philanthropic effort. In 2013, Beyonc released the self-titled album Beyonc, also without any notice.
Donations to fight virus, injustice could sustain charities
Read full article: Donations to fight virus, injustice could sustain charitiesIn this Tuesday, June 16, 2020, photo, a pedestrian walks past the headquarters for United Way of King County, in downtown Seattle. United Way, a nonprofit that relies heavily on middle-class donors, said it has raised $900 million worldwide since mid-March. Were seeing record giving days. United Way, a nonprofit that relies heavily on middle-class donors, said it has raised $900 million worldwide since mid-March, when many states instituted virus restrictions that disrupted daily life. Love said United Way also is developing initiatives to address racial inequity as a part of its coronavirus relief efforts.
Nike, NFL and others to start giving workers Juneteenth off
Read full article: Nike, NFL and others to start giving workers Juneteenth offAlthough slavery was already abolished more than two years earlier by the Emancipation Proclamation, it continued in some areas. Some businesses have professed support for the Black Lives Matter movement or pledged to donate money to organizations. Others have promised to hire more black workers or make other policy changes. This week, Nike CEO John Donahoe told workers they would get Juneteenth off starting this year as a way to celebrate black culture and history. The power of this historical feat in our countrys blemished history is felt each year," Goodell wrote in a memo.
China's companies emerge as global donors in virus pandemic
Read full article: China's companies emerge as global donors in virus pandemicMa's foundation also is giving ventilators, masks and other supplies in Africa, Latin America and Asia. The pandemic marks the debut of China's business elite as global humanitarian donors alongside their American, European and Japanese counterparts. Ma, Alibaba and other Chinese companies and tycoons are donating hundreds of millions of dollars of medical supplies, food and cash in dozens of countries. American companies including Walmart Inc. and Amazon.com Inc. have given medical supplies and money in Africa, India and Latin America. The company provides free online medical and psychological counseling services worldwide.
Twitter and Trump: A feud years in the making finally erupts
Read full article: Twitter and Trump: A feud years in the making finally eruptsOn the other: Twitter, the social media giant, which has grappled for years with how to handle its most prominent and divisive user. We really havent been at a place where social media companies were willing to take on this role.But it also heightens the dangers of polarization. For years, since long before he was president, Trump has used Twitter as a personal megaphone to build his personal brand, appeal to his supporters and attack his rivals of the moment. For the first time, it added fact-check links to two Trump tweets about the supposed risks of voting by mail. Not long afterward, Twitter CEO Jack Dorsey tweeted that Twitter will continue to point out incorrect or disputed information about elections globally."
Twitter gives Trump a pass on unfounded 'murder' allegations
Read full article: Twitter gives Trump a pass on unfounded 'murder' allegationsThe husband of a woman who died accidentally in an office of then-GOP Rep. Joe Scarborough two decades ago is demanding that Twitter remove President Donald Trumps tweets suggesting Scarborough murdered her. Twitter, which has tried to devise penalties for such situations, has so far done nothing about Trump's tweets. My request is simple: Please delete these tweets, Timothy J. Klausutis wrote to Twitter CEO Jack Dorsey. At Tuesdays White House briefing, press secretary Kayleigh McEnany repeatedly refused to say why Trump was pressing the unfounded allegations or whether he would stop tweeting about them. Trump, however tweeted this month: When will they open a Cold Case on the Psycho Joe Scarborough matter in Florida.
Tech giants are embracing remote work. Others may follow
Read full article: Tech giants are embracing remote work. Others may followHis other company, Square, which like Twitter is based in San Francisco, is doing the same. It's too early to know whether remote work options will mean an exodus of highly-paid tech workers from San Francisco and Silicon Valley, where they've contributed to skyrocketing rents and housing prices. For companies that have built their empires on letting people communicate with far-flung friends and colleagues, moving toward remote work is not too hard of a sell. At Facebook, the CEO said employees will have to meet certain criteria to be considered for permanent remote work. This includes a level of seniority, strong performance and, naturally, being part of a team that supports remote work.
Political ads on social media: What you need to know
Read full article: Political ads on social media: What you need to knowSocial media giants Twitter and Facebook have outlined starkly different policies in regards to political advertising on their platforms. Twitter CEO Jack Dorsey announced on Wednesday that his platform would no longer take any political ads. Elizabeth Warrens campaign this month bought a political ad on the social media site that purposefully included false claims about Facebook CEO Mark Zuckerberg, to goad the company to remove misinformation. And paying to increase the reach of political speech has significant ramifications that todays democratic infrastructure may not be prepared to handle,Like at Facebook, political ad spending on Twitter accounts for a small portion of the business. Political ad spending on Twitter in the 2018 midterms was less than $3 million, according to Twitters CFOPoliticians respond
'A bold step': Democrats laud Twitter for political ad ban
Read full article: 'A bold step': Democrats laud Twitter for political ad ban"Under their current policies, Facebook is allowing blatant lies in political ads and now Twitter isn't allowing political ads at all, creating a patchwork of solutions across various platforms that isn't going to work," she said in a statement. Political ad archives on both platforms show that the 2020 candidates spent far more money on Facebook spots than Twitter, meanwhile. Trump's reelection campaign spent $21.2-plus million on Facebook ads between May 2018 and this past weekend, compared to $269,000 on Twitter spots. Warren spent nearly $4.7 million on Facebook ads and about $900,000 on Twitter ads, some of which came as she sought reelection to the Senate last year. Her spending outpaced that of Biden, who paid nearly $2.8 million for Facebook ads, compared to around $617,000 on Twitter spots.
Twitter pulls back on political ads, but pitfalls await
Read full article: Twitter pulls back on political ads, but pitfalls awaitThe move drew a sharp contrast between Twitter and its much larger rival Facebook, which has come under fire in recent months for its policy of not fact-checking political ads. Google did not have an immediate comment on Twitter's policy change. The company does not break out specific figures each quarter, but said political ad spending for the 2018 midterm election was less than $3 million. Zuckerberg said he has also considered banning political ads, but remains wary of the move's impact. Ryan Schleeter, a spokesman for the environmental group Greenpeace, said a lot will depend on how Twitter defines "political."
Twitter used phone numbers gathered for account security to sell ads
Read full article: Twitter used phone numbers gathered for account security to sell adsGwen Sung/CNNMoney(CNN) - Twitter "inadvertently" used phone numbers and email addresses its users provided for account security purposes to target ads, the company said Tuesday. In July, the Federal Trade Commission (FTC) said Facebook had broken the law when it engaged in a similar practice. The FTC fined Facebook $5 billion for that and a litany of other instances where it mishandled user data. Twitter users are asked to provide information like their phone number to help secure their account through services such as two-factor authentication. Phone numbers provided to Twitter for the purpose of two-factor authentication were recently exposed as a hacking vulnerability as well.
Twitter temporarily suspends ability to tweet via text message
Read full article: Twitter temporarily suspends ability to tweet via text messageSAN FRANCISCO, Calif. - Twitter is temporarily suspending the ability to tweet via text messages, days after CEO Jack Dorsey's account was hacked due to an apparent vulnerability tied to this feature. "We're taking this step because of vulnerabilities that need to be addressed by mobile carriers," Twitter said in one of a series of tweets about the decision on Wednesday. On Friday, Dorsey's account tweeted a series of racist and otherwise offensive tweets for about 20 minutes. "The phone number associated with the account was compromised due to a security oversight by the mobile provider," Twitter said in a statement Friday. "This allowed an unauthorized person to compose and send tweets via text message from the phone number.
Twitter's CEO was hacked. Here's how to safeguard your account
Read full article: Twitter's CEO was hacked. Here's how to safeguard your accountAnd it raised a serious question as to how you can keep your account safe from the same thing. Thanks to a feature left over from Twitter's early days, if a hacker gets control of the phone number associated with your Twitter account, they can text any tweets they want to Twitter's number, 40404, and they'll be immediately published to your account. The hacker wouldn't need any other verification not even your account password. I tried multiple times to keep two-factor enabled on my own Twitter account while deleting my phone number from it. It's not a perfect solution, Krebs said, as your Google account could also get hacked via SIM swapping if you're set to receive text messages for two factor authentication for that account.
Twitter CEO's Twitter account hacked
Read full article: Twitter CEO's Twitter account hacked(CNN) - Twitter CEO Jack Dorsey's account on the social network was hacked Friday afternoon. A series of racist and otherwise offensive tweets went out from his account. The company's communications team confirmed in tweets of their own that Dorsey's account had been compromised. Twitter did not immediately respond to a request for comment. This is a developing story and will be updated...The-CNN-Wire & 2019 Cable News Network, Inc., a Time Warner Company.