UK Regulators May Fine Facebook Over Cambridge Analytica | WIRED

The Information Commissioner’s Office in the UK has announced its intention to fine Facebook more than $600,000 for its “lack of transparency and security issues” related to third party data harvesting. The ICO is also taking steps toward bringing criminal action against SCL Elections, the now-defunct parent company of the political consulting firm Cambridge Analytica,…

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The regulatory mistakes that let Facebook and Google buy ad dominance – Axios

Several major acquisitions have helped Google and Facebook on their way to unprecedented dominance over the advertising supply chain, antitrust analysts argued at the Open Markets Institute forum in Washington last week. Why it matters: Many blame these two companies for absorbing the majority of ad revenue that would’ve gone to traditional media.   Show…

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Leaked Documents Show Facebook’s Post-Charlottesville Reckoning with American Nazis – Motherboard

“James Fields did nothing wrong,” the post on Facebook read, referring to the man who drove a car through a crowd protesting against white supremacy in Charlottesville in August 2017, killing one. The post accompanied an article from Squawker.org, a conservative website. In training materials given to its army of moderators, Facebook says the post…

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Exclusive: Facebook to put 1.5 billion users out of reach of new EU privacy law | Article [AMP] | Reuters

  SAN FRANCISCO (Reuters) – If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook Inc users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller. Facebook members outside…

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How to Pay For Real News

Our nation’s present uproar over the deleterious effects of social media on society and fretting about the decline of trusted news outlets is nothing new. What’s new is the fact that the straightforward ways to prop up the Real Journalism industry have never been more obvious. For two decades, professional thinkers—most of them employed in…

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