Documents obtained by a House panel shed light on the probe into Twitter’s compliance with settlement
FTC Twitter Investigation Sought Elon Musk’s Internal Communications, Journalist Names
Related:
Twitter Comes Under Washington Spotlight With Whistleblower Complaint
While Facebook’s parent company, Meta, agreed in December to pay $725 million to settle the Cambridge Analytica privacy lawsuit, a judge on Thursday decided that wasn’t quite enough to ensure the social media giant had learned its lesson for sharing user data without permission.
A federal judge accused Facebook of ‘gaslighting’ users impacted by data breaches and fined the site and its lawyers nearly $1 million
H/T: Steve Lehto
U.S. Press Starts To Figure Out College TikTok Bans Are A Dumb Performance
One, the bans are generally designed to agitate a xenophobic base and give the impression the GOP is “doing something about China.” But the party that couldn’t care less about rampant corruption or privacy violations isn’t doing much of anything meaningful to thwart China. In fact, letting adtech, telecom, and app companies run rampant with little oversight runs contrary to any such goal.
Two, the bans distract the public and press from our ongoing failure on consumer privacy and security issues. Banning TikTok, but doing nothing about the accountability optional free for all that is the adtech and data-hoovering space, doesn’t actually fix anything. China can just obtain the same data from a universe of other international companies facing little real oversight on data collection.
Three, the ban is really just about money. Trump gave the game away with his proposal that TikTok be chopped up and sold to Oracle and Walmart. That cronyistic deal fell through, but it’s pretty clear that this moral panic is designed to either help TikTok’s competitors (Facebook lobbyists are very active on this front), or force the sale of the most popular app in modern history to GOP-allies. At which point they’ll engage in all the surveillance and influence efforts they pretend to be mad about.
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Read More »Banking Committee Chair: US Regulators Should ‘Maybe’ Ban Crypto
The senator [Sherrod Brown] also pointed to numerous incidents to back up his claims, not just the recent collapse of FTX but also issues such as “the threat to national security from Korean cyber criminals to drug trafficking and human trafficking and financing of terrorism and all the things that can come out of crypto.”
…
Senator Elizabeth Warren unveiled a new bill governing cryptocurrencies earlier this month, dubbed the Digital Asset Anti-Money Laundering Act.
Warren’s bill would look to force crypto asset providers to offer audited financial statements and impose bank-like capital requirements more in line with what is expected of traditional financial institutions. The act would also give the SEC increased powers to regulate the asset class.
Get ready for the Digital Dollar!
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Read More »Terror Act at Training Site in Russia’s Belgorod Region Claims 11 Lives – Defense Ministry
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⚡️A new partisan group has made itself known: The Atesh movement claims to consist of Crimean Tatars, Ukrainians and Russians, who have joined the Russian army with the goal of “destroying it from inside”. Various acts of sabotage are to follow. #NoToWar
Daily Partizan
The Russian Defense Ministry says that the terrorists were from a member state of the Commonwealth of Independent States, but some newly-formed underground partisan group is claiming responsibility. I highly doubt it, but it’s still interesting to me. Most likely, they’re just another National Republican Army, who falsely claimed to have assassinated Darya Dugina, and are now supposedly hacking Russia. There’s a video clip, at the Twitter link, but it’s not in English and I can’t translate audio.
Ms. Cat’s Chronicles 