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Apple’s Tim Cook Calls for More Regulations on Data Privacy

Cook speaks at Beijing forum following Facebook controversy Situation is so dire well-crafted regulation is needed: Cook Forum in Beijing on Saturday. His comments will ramp up pressure on Facebook Inc. and other technology companies that rely on the huge reams of data gathered from billions of people to power their products, services and sales. Facebook co-founder Mark Zuckerberg belatedly apologized for failing to better control its customers’ data following reports that it let Cambridge Analytica amass information on 50 million users. The social network’s shares have tumbled 14 percent following the…

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Musk Takes Down the Tesla and SpaceX Facebook Pages

Musk and Zuckerberg have traded barbs on AI, rockets before Facebook is facing criticism after Trump-tied firm took data Zuckerberg said last August. “It’s really negative and in some ways I actually think it is pretty irresponsible.” Musk responded, writing on Twitter: “I’ve talked to Mark about this. His understanding of the subject is limited.” In 2016, a SpaceX rocket carrying a Facebook satellite tweeted. Read more: http://www.bloomberg.com/news/articles/2018-03-23/tesla-spacex-pages-vanish-as-musk-joins-deletefacebook-crusade

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YouTube Bans Firearms Demo Videos, Entering the Gun Control Debate

Google’s new policy prohibits promotion of guns, bump stocks At least one video gun blogger ditched YouTube for PornHub greater restrictions on content several times in the past year, responding to a series of issues with inappropriate and offensive videos. Most of those changes involved pulling ads from categories of videos. Google is more reluctant to remove entire videos from YouTube, but has been willing to do so with terrorism-related content. The National Shooting Sports Foundation, a gun industry lobbying group, called YouTube’s new policy “worrisome.” “We suspect it will…

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Silicon Valley Has Failed to Protect Our Data. Heres How to Fix It

Twitter, LinkedIn, Cambridge Analytica used that data to target likely Trump voters. Facebook responded that, no, this was not a “Featured in , March 26, 2018. Illustration: 731 For years we’ve been talking and thinking about social networks as interesting tools to model and understand human dynamics. But it’s no longer academic—Facebook has reached a scale where it’s not a model of society as much as an engine of culture. A researcher gained legitimate access to the platform and then just … kept going, and Cambridge Analytica ended up with those 50 million profiles.…

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Bitcoin Whipsaws Investors as Bubble Shows Signs of Bursting

Bitcoin whipsawed investors, falling below $8,000 for the first time since November before recovering most of Friday’s losses, as a miserable 2018 continued for cryptocurrencies. Since reaching a record high of $19,511 on Dec. 18 shortly after the introduction of regulated futures contracts in the U.S., Bitcoin has wiped out more than half its value amid waves of negative news. Setbacks included escalating regulatory threats from authorities around the world including India, raided Coincheck’s offices Friday morning, a week after the robbery, hauling out documents and computers as evidence. The…

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Meredith to Buy Time Inc. With Koch Backing

Meredith Corp. agreed to acquire Time Inc. for $2.8 billion including debt, swallowing the once-mighty home of Fortune and Sports Illustrated after the internet age wreaked havoc on even the most prestigious magazine titles. The $18.50-a-share offer is an all-cash one, Meredith said in a statement Sunday. The deal gives Meredith, publisher of Better Homes & Gardens, a larger audience at a time when publishers need to get bigger to compete with Facebook and Google in advertising. The acquisition also gives the billionaire Read more about print media’s enduring appeal…

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Facebook to Show Users Which Russian Propaganda They Followed

request from Congress to address manipulation and meddling during the 2016 presidential election. The tool will appear by the end of the year in Facebook’s online support center, the company said in a blog post Wednesday. It will answer the user question, “How can I see if I’ve liked or followed a Facebook page or Instagram account created by the Internet Research Agency?” That’s the Russian firm that created thousands of incendiary posts from fake accounts posing as U.S. citizens. People will see a list of the accounts they followed,…

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Malcolm Young, AC/DC Founder Who Rocked to the Top, Dies at 64

Malcolm Young, the AC/DC founder whose driving guitar rhythms and musical direction helped the Scottish-Australian band earn a place among the most successful in rock history with albums such as “Back in Black” and “Highway to Hell,” has died. He was 64. Young died in Sydney after suffering from dementia for several years, his family said in a statement. “It is with deepest sorrow that we inform you of the death of Malcolm Young, beloved husband, father, grandfather and brother,” his family said. For more than four decades, Young provided…

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Snap Is Looking a Lot Like Twitter After Another Earnings Miss

Snap Inc. went to great disappointing revenue and user growth, in its third-quarter results. Chief Executive Officer Evan Spiegel even highlighted that Snapchat isn’t easy enough for many to use, echoing similar complaints about Twitter. Snap’s surprise disclosure Wednesday morning that Tencent Holdings, China’s biggest instant messaging company, had analysts cut their ratings. Snap has now fallen 25 percent since its March IPO, bringing its market capitalization to within $900 million of Twitter’s. Of course, Snap’s valuation is still richer. Twitter is projected to have about three times the revenue…

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Razer CEO to Become a Billionaire With Li Ka-shing Backing

After raising funds from Asia’s biggest investors, including Hong Kong tycoon Razer Inc. is turning to the market for an initial public offering that will make its co-founder Bloomberg Billionaires Index. Razer’s plan to list shares comes amid robust growth in the global gaming market, which is expected to reach $160 billion by 2021, a 52 percent jump from last year, according to data from Euromonitor. The company said in its

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