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HSBC To Staff: Stay Off Bank’s Social Media Accounts

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21) to stay off the bank’s social media sites after a report was leaked to BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ). . In another case, the news outlet reported that when investigators for HSBC in the U.S.

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Report: Fake Likes, Follows On Social Media Are Prevalent, Easy To Buy

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A new report by researchers from the NATO Strategic Communications Center of Excellence showed it is fairly easy to purchase likes and followers on social media for posts, which troubles some experts who say that companies aren’t doing enough to tamp down on this type of activity, especially with an election looming.

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White House Calls For FCC To Regulate Social Media Content

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The White House has drafted an executive order that would put the Federal Communications Commission (FCC) in charge of what large tech companies choose to put on their websites, according to a report by CNN. The order, if given, would significantly escalate the Trump administration’s attacks on social media and accusations of a liberal bias.

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Regulators Eyeing Social Media In Europe

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Against the backdrop of social media controversy — remember Facebook , of course, and 87 million users’ data exposed to Cambridge Analytica — oversight is tightening in Europe. We do not accept that the internet is some sort of ‘Wild West’ where no moral values can apply.”. Also, in the U.K., The news came last week that the U.S.

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German Spy Agency Says Regulation Of Social Media Firms May Be Necessary

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The intelligence agency in Germany implied on Monday (May 14) that more regulation may be applied to social media companies if the European Union can get them to increase their accountability for spreading illegal and dangerous content. Still, if the European Union doesn’t succeed in that goal, regulation may be needed.

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Chinese Social Media Startup Seeks Funds At $6B Valuation

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Chinese eCommerce and social media startup Xiaohongshu , also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg. It eventually entered that field itself, and then it became a social media platform. It’s teamed up with a financial plan adviser to identify possible investors.

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Big Tech Faces Regulation Reckoning As 2021 Dawns

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If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.