The FinTech Hub
Source: The Verge Making Instagram a separate company. Buying Snapchat. Wiping everyone’s Facebook friends. Creating a feed of only ads. These were some of the ideas that Meta CEO Mark Zuckerberg considered over the years as he built his social media empire. Over the past two days, he talked about them from the witness stand…
Source: The Verge Mohsen Mahdawi had a feeling his naturalization appointment would go awry. A week before his meeting with US Citizenship and Immigration Services (USCIS), Mahdawi called his friend Chris Helali and told him he was concerned. “He thought it was likely — and I agreed — that he would be arrested, that they…
Source: The Verge Funding is about to run out for the Common Vulnerabilities and Exposures (CVE) program – a system used by major companies like Microsoft, Google, Apple, Intel, and AMD to identify and track publicly disclosed cybersecurity vulnerabilities. The program helps engineers identify how bad an exploit is and how to prioritize applying patches…
Source: The Verge Thanks to the poor redactions, we can see sections comparing the use of Apple’s Messages app to Meta apps like Instagram and WhatsApp. The original slide displayed only a quote from Apple director of product marketing Ronak Shah describing an iMessage “core use case” allegedly similar to Facebook’s. Another, labeled “Snapchat in…
Source: The Verge Blackmagic Design, an Australia-based digital cinematography camera company, was gearing up to start making products in the United States before the Trump administration blew a tariff-shaped hole in its plans. Now, not only is Blackmagic having to increase prices in the US to mitigate some of the levies on imported goods, but…
Source: The Verge Meta CEO Mark Zuckerberg had a “potentially crazy idea” in 2022 to get people using Facebook more: deleting everyone’s friends’ lists. The possibility was discussed on Monday via internal emails shown by the FTC as Zuckerberg testified during Meta’s antitrust trial. Zuckerberg floated the idea of considering “wiping everyone’s graphs” — their…
Source: The Verge About a year before the Federal Trade Commission first opened its antitrust investigation into Meta’s acquisitions of Instagram and WhatsApp, CEO Mark Zuckerberg internally suggested “the extreme step of spinning Instagram out as a separate company.” In a 2018 email to his executives, Zuckerberg wrote that, “while most companies resist break-ups, the…
Source: The Verge European allies who have reservations about working with Elon Musk’s Starlink will have more to worry about if they side with Chinese satellite internet services, Federal Communications Commission chair Brendan Carr told the Financial Times. Carr said that politics having an influence on long-term decisions in Europe was “unfortunate,” and that “allied…
Source: The Verge Japan’s Fair Trade Commission (JFTC) has ordered Google to stop making deals that give preference to Google Search and Chrome on Android devices. Nikkei Asia says that it’s the first time the regulator has issued a cease and desist order to a major tech company. The regulator found that Google had asked…
Source: The Verge “Your honor, the FTC calls Mark Zuckerberg.” Flanked by two bodyguards, Meta’s CEO solemnly strode into a Washington, DC courtroom. Despite his last-ditch efforts to avoid a trial, he was there, jaw clenched, to defend his company from being broken up by the US government. Shortly after he was sworn in, the…
