Social media industry

FILE - This April 22, 2005, file photo, shows logos for MasterCard and Visa credit cards at the entrance of a New York coffee shop. Visa and Mastercard are dropping out of Facebook’s Libra project, a potentially fatal blow to the social network’s plan for a worldwide digital currency, Friday, Oct. 11, 2019. (AP Photo/Mark Lennihan, File)
October 12, 2019 - 8:05 am
Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end for the digital currency. On Friday, Visa and MasterCard announced their departures from the Libra project, as did e-commerce giant eBay and payments startup Stripe. Last week,...
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FILE - In this Jan. 29, 2019, file photo, Senate Intelligence Committee Chairman Sen. Richard Burr, R-N.C. speaks during a Senate Intelligence Committee hearing on Capitol Hill in Washington. A bipartisan group of U.S. senators is recommending the Trump administration form an interagency task force to monitor the use of social media platforms by foreign governments for signs of interference. (AP Photo/Jose Luis Magana, File)
October 08, 2019 - 8:44 pm
WASHINGTON (AP) — A bipartisan group of U.S. senators urged President Donald Trump on Tuesday to warn the public about efforts by foreign governments to interfere in U.S. elections, a subject he has largely avoided, and take steps to thwart attempts by hostile nations to use social media to meddle...
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FILE - In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. Zuckerberg will be in Washington Thursday, Sept. 19, 2019, to meet with lawmakers and talk about internet regulation. The company said the meetings are not public and it did not give details on whom Zuckerberg is meeting with and what, exactly, he'll discuss. (AP Photo/Andrew Harnik, File)
September 19, 2019 - 5:58 pm
WASHINGTON (AP) — The Senate's most vocal critic of the tech industry offered a challenge Thursday to Facebook CEO Mark Zuckerberg: Sell your WhatsApp and Instagram properties to prove you're serious about protecting data privacy. It may have been more than Zuckerberg expected from his private...
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From left Monika Bickert, head of global policy management at Facebook, Nick Pickles, public policy director for Twitter, Derek Slater, global director of information policy at Google, and Anti-Defamation League Senior Vice President of Programs George Selim testify before the Senate Commerce, Science and Transportation Committee on how internet and social media companies are prepared to thwart terrorism and extremism, Wednesday, Sept. 18, 2019, on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)
September 18, 2019 - 3:45 pm
WASHINGTON (AP) — Executives of Facebook, Google and Twitter told Congress on Wednesday that they've gotten better and faster at detecting and removing violent extremist content on their social media platforms in the face of mass shootings fueled by hatred. Questioned at a hearing by the Senate...
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FILE - This July 16, 2013, file photo shows a sign at Facebook headquarters in Menlo Park, Calif. Facebook is trying to coax “news deserts” into bloom with the expansion of a tool that provides people with local news and information, but says it still has a lot to learn. The social media giant said Thursday, Sept. 12, 2019, it is expanding its “Today In” service to 6,000 cities and towns across the U.S., up from 400 previously. (AP Photo/Ben Margot, File)
September 12, 2019 - 4:36 pm
SAN FRANCISCO (AP) — Facebook is trying to coax "news deserts" into bloom with the second major expansion of a tool that exposes people to more local news and information. But the social network confesses that it still has a lot to learn. The social media giant said Thursday it is expanding its "...
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FILE - In this May 15, 2019, file photo, founder of Alibaba group Jack Ma arrives for the Tech for Good summit in Paris. Ma is stepping down as chairman at a time when its industry faces rapid change and uncertainty amid a U.S.-Chinese trade war. Ma gave up his post on his 55th birthday as part of a succession announced a year earlier. (AP Photo/Thibault Camus, File)
September 10, 2019 - 2:10 am
BEIJING (AP) — Alibaba Group founder Jack Ma, who helped launch China's online retailing boom, stepped down as chairman of the world's biggest e-commerce company Tuesday at a time when its fast-changing industry faces uncertainty amid a U.S.-Chinese tariff war. Ma, one of China's wealthiest and...
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Britain's Prime Minister Boris Johnson talks to hospital patient Scarlett Gibbons, 5, during a visit to the Royal Cornwall Hospital in Truro, south-west England, Monday Aug. 19, 2019. Johnson is under increasing pressure Monday to recall Parliament after leaked government documents warned of widespread problems if the U.K. leaves the European Union without a Brexit withdrawal agreement. (Peter Nicholls/Pool via AP)
August 19, 2019 - 7:19 pm
LONDON (AP) — Britain's government plans to call a summit of social media companies to discuss what more they can do to fight online misinformation about vaccines following a spike in measles cases. Although plans for such a gathering were still being worked out, Prime Minister Boris Johnson...
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Australian Treasurer Josh Frydenberg speaks to the media during a press conference in Sydney, Friday, July 26, 2019. The Australian government released report that recommends more regulation on the market power of multinational digital platforms including Google and Facebook that would ensure fair deals for other media businesses and more control for individuals over how their data is used. (Bianca De Marchi/AAP Image via AP)
July 26, 2019 - 2:36 am
CANBERRA, Australia (AP) — The Australian government released a report Friday recommending tighter oversight over multinational digital platforms including Google and Facebook, to ensure fairness for other media businesses and give people more control over how their data is used. The Australian...
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FILE - This Friday, March 22, 2019, file photo shows the Department of Justice Building in Washington. The U.S. Department of Justice is opening a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. (AP Photo/Manuel Balce Ceneta, File)
July 24, 2019 - 10:35 am
WASHINGTON (AP) — Like Europe before it, the U.S. government looks ready to try reining in its technology giants. But doing so may be more difficult than it seems. On Tuesday, the U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 6:23 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
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