Tag: Media/Entertainment

U.S. regulators probing whether Facebook violated a 2019 settlement over privacy concerns

WASHINGTON—Federal Trade Commission staffers have begun looking into disclosures that Facebook Inc.’s  FB, -3.92%  internal company research had identified ill effects from its products, according to people familiar with the matter. Officials are looking into whether Facebook research documents indicate that it might have violated a 2019 settlement with the agency over privacy concerns, for which the […]

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Internal documents show politics play big role in Facebook’s decisions

In June 2020, when America was rocked by protests over the death of George Floyd at the hands of a Minneapolis police officer, a Facebook employee posted a message on the company’s racial-justice chat board: “Get Breitbart out of News Tab.” News Tab is a feature that aggregates and promotes articles from various publishers, chosen by Facebook […]

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Facebook plans to hire 10,000 in EU to help build its ‘metaverse’

Facebook Inc. plans to create 10,000 jobs in the European Union over the next five years to help build its new “metaverse” platform. “Facebook is at the start of a journey to help build the next computing platform,” the company said in a blog post Sunday, “a new phase of interconnected virtual experiences using technologies […]

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Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product

Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Mark DeCambre, managing editor of markets and I’ll walk you through the latest and greatest in digital assets this week so far. There […]

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Amazon, Walmart and others offer free college degrees to lure talent. But read the fine print first

Hello and welcome back to MarketWatch’s Extra Credit column, a weekly look at the news through the lens of debt. In this week’s column we’re taking a closer look at corporate initiatives designed to help potential students avoid debt — programs offered by employers that cover tuition for their workers. Though these programs often sound […]

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Facebook restricts employee access to some internal discussion groups

Facebook Inc. has told employees it is tightening controls over some internal discussion groups, a move that comes after Frances Haugen, a former employee, gathered documents that formed the foundation of The Wall Street Journal’s Facebook Files series showing the company’s platforms are riddled with flaws that can cause harm. Facebook FB, +0.24% provides staff online discussion groups on an internal message system called […]

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5 reasons ‘Squid Game’ is dominating memes, streams and Halloween

Note: While this piece avoids specific “Squid Game” plot spoilers, it does give a general overview of the story and its themes that could still be considered spoilers.  The Korean survival drama that’s poised to become Netflix’s most watched series of all time has spread its tentacles into sneaker and tracksuit sales, WallStreetBets meme culture, […]

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