Facebook founder Mark Zuckerberg has called on the European Commission (EC) to boost the development and implementation of a framework for the regulation of online platforms to promote Western sets of values and leave the Chinese model behind.
Since October 2019, Facebook and it’s subsidiary WhatsApp have been fighting in court with an Israeli spyware firm NSO Group, claiming that the firm used WhatsApp to facilitate spyware distribution. Although the conclusion is yet to be reached, the case brought up interesting notions about NSO Group and the situation with users’ privacy. But nevermind […]
In order to pinpoint vulnerabilities and exploits, Facebook launches a software simulation of its own network populated exclusively by bots. The project was dubbed Web-Enabled Simulation (WES). Its white paper was published on the Facebook research site.
Web 1.0, the world wide web of the 90s, was more like a vast multimedia library. The point of using Web 2.0 websites, on the other hand, slowly shifted toward user-generated content as much as interacting with it and with other creators. One could argue that while Web 1.0 offered one-way access to information, Web […]
Sometimes cultural revolutions can be sparked by a hashtag. Time has come to introduce another hashtag we shall wield in the war for the reclamation of the Web, our digital homeland. The blockchain community launches the #fExit campaign, aimed at diversifying people’s experience in the sphere of social networks.
Ubiquitous and private corporate money. Isn’t it a scary concept, no matter where you lean on the political spectrum? The very phenomenon of Libra is somewhat underrated in the media, but it is possible that the ramifications of Libra going live will exceed our expectations.
Libra made a lot of news over the last year. Surely, an arguably promising project developed and promoted by none other than Facebook was guaranteed to draw attention. Apparently, it was also a serious threat to the existing monetary system, so the project faced fierce opposition from regulators around the world.
In retrospect, Libra was the hype of 2019. Facebook, global payment processing, cryptocurrency all mushed together in a reptilian power fantasy. “What could have gone wrong?” we ask ourselves as we watch Vodaphone coyly quit the Libra Association, becoming the eighth company to pull out of the project.
Facebook is seeking support from venture capital firms to invest in its crypto-related project, targeting to raise as much as $1 billion. The news was revealed by NY Times reporter Nathaniel Popper in a series of twits on Monday, April 8.
Facebook blockchain head David Marcus is quitting the board of directors at cryptocurrency exchange Coinbase with his departure most likely being a signal that the social networking giant’s secretive blockchain efforts are progressing.
Facebook is reversing its ban on cryptocurrency advertisements and will now allow some preapproved advertisers to promote crypto businesses and services.
Google’s decision to ban all Bitcoin and cryptocurrency adverts on its platforms is ill-thought-out and potentially even unethical, according to industry experts, The Independent reported on Sunday, June 3.