[Editor Charlie sez: Looking more like a publisher every day! Buhbye 230! Buhbye DMCA!]
Facebook has said repeatedly that it isn’t in the journalism business, but a team of human editors responsible for an upcoming news initiative by the company will exercise significant control over the presentation of top stories, including judging them over their use of anonymous sources, according to internal guidelines seen by The Information.
While Facebook’s plans to hire human editors for an upcoming news tab have been previously reported, the guidelines, which Facebook recently shared with employees in an internal memo, offer the first insight into how the team will make decisions that could affect the news stories millions of people see. One person who has seen a version of the tab being tested by Facebook employees said it featured stories from The Wall Street Journal, ABC News, CBS News, National Geographic, BBC, The Huffington Post, and The Hill, though some of those publishers don’t appear to have officially struck agreements with Facebook yet.
Read the post on The Information (subscription required and well worth it)
European Union’s (EU) anti-trust regulatory activities have been dealing a severe blow to U.S. technology companies. The flurry of investigations related to data privacy, anti-competition practices and tax avoidance have been taking a toll on these companies since quite some time now.
Notably, Alphabet’s GOOGL Google and Facebook FB are hurt by the implementation of General Data Protection Regulation (GDPR) in the EU.
Google was fined $57 million by French data protection authority under GDPR for not being able to disclose massive user data collection across its search platform, Google Maps and YouTube.
Meanwhile, the social media giant is allegedly storing millions of user passwords across its core Facebook app, Facebook Lite and Instagram platforms in an unencrypted format. Europe’s default privacy regulator is carrying out the investigation following which the company might face a fine of $2.2 billion.
Read the post on Yahoo Finance
The head of the U.S. Federal Trade Commission said he’s prepared to break up major technology platforms if necessary by undoing their past mergers as his agency investigates whether companies including Facebook Inc. are harming competition.
FTC Chairman Joe Simons, who is leading a broad review of the technology sector, said in an interview Tuesday that breaking up a company is challenging, but could be the right remedy to rein in dominant companies and restore competition.
“If you have to, you do it,” Simons said about breaking up tech companies. “It’s not ideal because it’s very messy. But if you have to you have to.”
Read the post on Bloomberg
In The Grand Deflection category, mark your calendars: Where were you the first time you heard the word “tech lash”? They are the spin they’ve been waiting for.
Facebook hires former senior government officials to lobby for Facebook to use its tools for more surveillance capitalism by roiling against the surveillance state that uses their tools to perfect the totalitarian state.
Welcome to The Party.
[Sir Nick Clegg t]he former deputy prime minister [and now lobbyist for Facebook] has said the social network plans to set up an independent oversight board to which people can appeal against content decisions made by Facebook. [But wait…they’re a platform…they’re a publisher…they’re a platform….]
He also defended the company, saying it was the victim of a “tech lash”.
Read the post on The Telegraph
[Editor Charlie sez: Spoiler alert! The answer is “Yes”!]
With right-wing populists expected to make big gains overall in the European elections, further legislation to rein in Silicon Valley could struggle to pass. In recent months, EU leaders have discussed imposing new digital taxes on the revenues of Big Tech companies; those efforts might not find support among Europe’s new parliamentarians. And the EU’s incipient antitrust crackdown against Big Tech—which now involves probes of Amazon and Google—could face stumbling blocks. Could Big Tech find itself depending on the votes of far-right, populist politicians to defend its corner?
Read the post on Wired
[In which The Boy Who Wouldn’t Grow Up and Wendy meet Captain Hook, Editor.]
CEO Mark Zuckerberg had recently pledged to spend 2018 trying to fix Facebook. But even the company’s nascent attempts to reform itself were being scrutinized as a possible declaration of war on the institutions of democracy. Earlier that month Facebook had unveiled a major change to its News Feed rankings to favor what the company called “meaningful social interactions.” News Feed is the core of Facebook—the central stream through which flow baby pictures, press reports, New Age koans, and Russian-made memes showing Satan endorsing Hillary Clinton. The changes would favor interactions between friends, which meant, among other things, that they would disfavor stories published by media companies. The company promised, though, that the blow would be softened somewhat for local news and publications that scored high on a user-driven metric of “trustworthiness.”
Read the post on Wired.
As usual, Henry gives an extremely relevant and literate dissertation on the loss of humanity imposed on us by Big Brother’s youngest sibling, Mark Zuckerberg–the boy who wouldn’t grow up, but who instead created an app for Room 101.
Please listen to T Bone when you have a quiet hour to yourself.