Techs 5 biggest players now worth $3 trillion

July 20, 2017

Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: Salesforce marches steadily toward $10B run rate goal Equity podcast: Ubers losses, Clouderas IPO and the biggest e-commerce acquisition ever Techs most valuable players today crossed the $3 trillion aggregate market cap mark according to Google Finance data. Its a feat that marks a new threshold for tech amidst the current…

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Facebook is dangerous for Democracyhere’s why

July 18, 2017

Image: AP/REX/Shutterstock Digital technology has revolutionized the modern world but as tech becomes more intelligent, its dangers on society become more transparent. From Trumps tweet depicting himself wrestling CNN to the ground to the detailed Facebook targeting used to win the Brexit vote, social media is proving to have a profound effect on humanityand lets not fool ourselves, this is dangerous. Global leaders are taking advantage of social platforms to…

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Facebook addresses Silicon Valley’s affordable housing crisis

July 10, 2017

The social networking business which has been criticised for exacerbating the housing crisis in Menlo Park is to build 1,500 apartments Facebook is to build its own village of 1,500 homes for workers struggling to pay soaring rents as the housing crisis in Silicon Valley deepens. The social networking company has submitted plans to the local council to create a new neighbourhood of homes, shops and a public plaza across…

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This country is taking the fight against Facebook to the next level

July 4, 2017

It's Germany vs Facebook. Facebook beware Germany is finally getting serious on fighting hate speech, and that has wider consequences. SEE ALSO: This country is waging a war against Facebook For some time, the European country flagged the possibility it could impose a heavy fine on Facebook, Twitter and other social networks for allowing fake news and hate messages to proliferate. On Friday, German lawmakers passed the Network Enforcement Act,…

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Palmer Luckey backs development of VR tool that lets HTC Vive users play Oculus exclusives

June 30, 2017

The rift between Oculus co-founder Palmer Luckey and the company he left earlier this year appears to be growing wider. Luckey is putting some of the money he made from Facebook buying his VR company to ensure that users of a different VR headset can play the exclusive titles that Facebook is funding. On Wednesday, the Oculus founder pledged to donate $2,000 per month to the developer of the software…

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Free choice must be free

June 30, 2017

Yafit Lev-Aretz is a Research Fellow at the Information Law Institute, New York University Law School. More posts by this contributor: If it talks like a government and acts like a government, it must be a tech giant Facebook recently came under fire for allegedly targeting at-risk youth in Australia. A 23-page leaked document details the power of the companys algorithms to approximate the emotional state of users as young as…

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Facebook, Microsoft, YouTube and Twitter form Global Internet Forum to Counter Terrorism

June 27, 2017

Today Facebook, Microsoft, YouTube and Twitter collectively announced a new partnership aimed at reducing the accessibility of internet services to gunmen. The newGlobal Internet Forum to Counter Terrorismadds arrangement to prevailing endeavours by the companies to target and be obtained from major network pulpits recruiting textiles for horror groups. Together, the four tech chairwomen say they will collaborate on engineering solutions to the problem, sharing content grouping proficiencies and effective…

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Facebook expands its hate-fighting counterspeech initiative in Europe

June 25, 2017

Facebook has launched a third counterspeech initiative in Europe, partnering with the not-for-profit Institute for Strategic Dialoguefor the launch of theOnline Civil Courage Initiative (OCCI), which is aimed at tackling online extremism and hate speech. COO Sheryl Sandberg launched the initiative in London this morning along with Sasha Havlicek, CEO of the Institute for Strategic Dialogue, and with the UK founding partners for the initiative who are: Brendan Cox, Jo…

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Square released its first-ever diversity report, and we’re impressed

June 21, 2017

Image: square Silicon Valley is known for being grey and male. Square isn’t different. It is, however, different in how it’s talking about addressing that issue. The payments corporation, led by Twitter cofounder Jack Dorsey, released its first-ever diversification report Tuesday that vindicated the same-old narrative, with numbers. Overall, 63.3 percentage of the corporation is male and 57.3 percent is white. The company isn’t letting that get or vindicating the…

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