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Facebook Invests $130M In Content Oversight Board

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The social media company is now reportedly investing $130 million to the effort, Engadget reported. Brown Brothers Harriman Trust Company of Delaware, N.A Facebook has been at work creating a content oversight board over the past year. Facebook reportedly expects the trust to have a minimum of three individual trustees.

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Attorneys General From 47 States To Probe Facebook

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The social media company’s shares dropped 3.9 The probe will seek to find out if the social media company went against any federal or state laws due to anti-competitive conduct when it comes to its social media dominance. 22) that 47 attorneys general from states and U.S. percent on the news, CNBC reported.

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NY To Lead 47 AGs In Nationwide Facebook Antitrust Probe

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The social media company’s shares dropped 3.9 The probe will seek to find out if the social media company went against any federal or state laws due to anti-competitive conduct when it comes to its social media dominance. 22) that 47 attorneys general from states and U.S. percent on the news, CNBC reported.

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Facebook Tracks In-Store Purchases To Create Targeted Ads

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Retail companies are sending Facebook its customers’ names, contact information and details about purchased items, so the social media giant can target ads accordingly. Facebook is using purchase data from retailers to gather information about what people buy in physical stores, Business Insider reported on Monday (Dec.

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 Ransomware Gains Traction, UK BEC Fraud Spikes

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These criminals are exploiting new technologies to commit fraud, posting adverts on social media to try and recruit money mules,” he said. Separately, a federal grand jury has indicted a Maryland woman for allegedly bilking a Newark, Delaware medical practice of more than $320,000 through the use of a corporate credit card.

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India OKs Facebook Subsidiary’s Acquisition Of Jio Platforms Share

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CCI said Jaadhu is a wholly owned Facebook subsidiary, which was started in March of this year under Delaware state laws, according to a press release. In April, news surfaced that Facebook closed a deal for a minority share in Reliance Jio, which would provide the social media platform with a bigger presence in India.

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Groupon Is Suing ‘Dial-Up Dinosaur’ IBM For Patent Infringement

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Groupon says the WebSphere platform allows users to contact GPS-enabled devices based on their real-time locations and their use of social media, including Facebook. On March 2, IBM accused Groupon in a federal lawsuit in Delaware of infringing four patents, including two related to Prodigy, a late-1980s forerunner to the Internet.

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