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Executive Order Looms For Social Media Firms On Content? 

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The summary, according to the site, would direct the FCC to develop new regulations that would detail how the law may protect social media platforms as they move to take content off their sites – and to take those new regulations into account when investigating or filing suit against those firms.

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Facebook Launches Portal Video Calling Devices

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In a press release , the social media giant said that artificial intelligence will make it easier to make calls and socialize. It’s like having your own cinematographer and sound crew direct your personal video calls.” Facebook announced Monday (Oct.

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Snap Acquires AI Factory For $166M, For New Video Features

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Snap, the parent company of Snapchat, has acquired a Ukraine-based company called AI Factory, to help the social media app provide a new type of video service that uses a person’s face to play short clips, according to a report by TechCrunch. Right now, there are about 150 video templates.

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TikTok?s Data Privacy Policies Draw Eyes Of EU Authorities

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TikTok , the popular Chinese short-form mobile video app, is facing more scrutiny over its privacy policies, Bloomberg reported. In a letter , lawmakers said several child and privacy advocacy groups noted that the company has failed to remove videos made by children under age 13 as it promised to under a consent agreement with the FTC.

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Tencent Vows To Comply With Chinese Regulators’ Increasing Oversight

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The biggest video game firm by revenue, Shenzhen-based Tencent’s profit surged 89 percent in September to reach $5.81 Its business units span social media, video streaming, digital payments and wealth management. billion, fueled by the pandemic. Regulators hinted that FinTech companies could be treated more like banks.

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DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

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Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. He said it was a natural extension of its global social media business and not an attempt to remove a potential competitor from the marketplace. “It

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Cyberexperts Flag Danger Of Deepfakes At House Hearing

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The legislator was reportedly referring to the policy that the social media company rolled out a day prior to prohibiting very manipulated videos made by machine learning or artificial intelligence. The video had been slowed down to make her voice seem to be slurred.