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The Latest Breaking News from Facebook

Crypto trading: politicians who say it should be treated like gambling are completely wrong

Cryptocurrency trading should be regulated in the same way as gambling, according to the UK parliamentary select committee in charge of scrutinising finance. The committee published a report arguing that this was necessary because digital assets such as bitcoin have “no intrinsic value, huge price volatility and no discernible social…

The Conversation

Facebook To Launch A New Platform That Competes With Twitter

Project Barcelona Is expected to mull in new users that are hostile toward's Musk's take-over of Twitter

Zenger

Fake AI photo of Pentagon blast spooks market

NEW YORK: A faked photograph of an explosion near the Pentagon spread widely on social media on Monday, briefly sending US stocks lower in possibly the first instance of an AI-generated image moving the market.

Bangkok Post

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Is a four-day workweek as good as it sounds? California employees share what it’s really like

OAKLAND, California — It’s after noon on a recent Wednesday, and the kitchen and patio at ThredUp’s Oakland headquarters are packed.

Los Angeles Times

Facebook owner Meta sells Giphy at a loss of more than $260m

Stock image service Shutterstock buys gif search engine after Meta’s acquisition blocked by regulators

The Guardian - UK

TechScape: Warnings of a ‘splinternet’ were greatly exaggerated – until now

In this week’s newsletter: Facebook has been hit with a €1.2bn fine by EU regulators, and the cracks in the fault lines of data regulations are showing. Could that be a good thing?

The Guardian - UK

Axios Harris Poll 100: Year of the tarnished titans

Our annual survey of brand reputation shows just how far some of the mighty have fallen.

Axios

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WhatsApp to allow users to edit messages but there's a time limit

People have been calling for the rollout of the new feature for some time

Irish Mirror

Commentary: Laid off from Silicon Valley? Try public service

The last few months have not been good for tech workers. Groupon laid off 500 employees, Spotify axed 600, Yahoo nixed 1,600, Paypal cut 2,000, Salesforce let go of 7,000, Microsoft fired 10,000, and Alphabet — Google’s parent company — parted ways with 12,000. Meta, the company behind Facebook, Instagram,…

Tribune News Service

The cyber gulag: How Russia tracks, censors and controls its citizens

It's becoming increasingly difficult for Russians to escape government scrutiny

The Independent UK

UFC Fight Night 224 reactions: Winning and losing fighters on social media

UFC Fight Night 224 winners and losers react on social media outlets such as Twitter, Instagram and Facebook.

USA Today Sports Media Group

Prosecutors: Chicago’s ‘Goonie’ gang shattered lives, terrorized South Side with 10 slayings, 6 attempted murders over two-year span

CHICAGO — The Loomis Food Mart in Chicago’s Englewood neighborhood was bustling on a Wednesday night eight years ago when Krystal Jackson and her friends pulled into the parking lot to pick up a few items.

Chicago Tribune

Q&A: Is Meta data-transfer fine enough to allay privacy concerns?

Estelle Masse, senior policy analyst at Access Now, speaks to Al Jazeera about record penalty imposed on tech giant.

Al Jazeera

WhatsApp to allow users to edit messages … but only for 15 minutes

Messaging app’s new feature will enable altering of messages after sending

The Guardian - UK

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Fortune

Is Meta history in Europe?

There are only four options for how Meta's future in Europe could play out.

iMore

Meta breached your privacy for the sake of adverts — and has been fined $1.3bn as a result

Meta was sending data where it shouldn't, landing it in hot water – and now it has to pay the very, very high price.

Tribune News Service

Meta fined record amount in EU over US data transfers

Facebook owner Meta Platforms Inc. was hit by a record 1.2 billion euros ($1.3 billion) European Union privacy fine and given a deadline to stop shipping users’ data to the US after regulators said it failed to protect personal information from the American security services.

Daily Record

Aldi shoppers discover McDonald's fries 'dupe' that costs just £1.49

Foodies went wild for the latest 'dupe' after it was shared on Facebook recently.

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The New Daily

EU privacy regulator hits Meta with record $2 billion fine for data transfers

Meta has been hit with a record 1.2 billion euro fine by its lead European Union privacy regulator over its handling of user information.

Al Jazeera

Meta fined $1.3bn over transfer of EU user data to the US

Facebook, Instagram owner says ruling ‘flawed, unjustified, sets a dangerous precedent for countless other companies’.

Wales Online

Facebook owner Meta fined £1billion for breach in user data rules

The record fine was levied after a three-year probe

Dublin Live

Meta slapped with fine of €1.2 billion over data breach concerns

Concerns have been raised over how data was harvested from Europe to the US through the Facebook platform

TechRadar

Meta hit with record $1.3bn fine for its handling of EU user data

As predicted, Meta’s fine is the largest under the EU’s stringent data privacy policy, putting European access to Meta services under threat.

Irish Mirror

Ireland's data watchdog hits Facebook owner Meta with €1.2 billion fine

The record fine was levied by Ireland's Data Protection Commission (DPC) after a three-year probe into the social media giant

Fortune

Meta hit with $1.3 billion privacy fine and told to stop sending Europeans' data to U.S.

The company could have to pull Facebook and Instagram out of Europe.

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