What Are the Facebook Papers?

Social media behemoth Facebook is facing public and regulatory scrutiny after the disclosure of thousands of pages of internal documents by a whistleblower who used to work for the company. What are the Facebook papers? After compiling the documents while working as a Facebook product manager, Frances Haugen distributed them …

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US Blacklists Four Foreign Companies for ‘Malicious Cyber Activities’

The U.S. government has added four foreign technology companies to its restricted companies list, saying they “developed and supplied spyware to foreign governments” and that the spyware was used “to maliciously target government officials, journalists, businesspeople, activists, academics, and embassy workers.” The State Department accused the companies of “engaging in …

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Facebook Shuts Down Facial Recognition Technology

Facebook says it is shutting down its facial recognition system. Citing “growing societal concerns” about the technology that can automatically identify people in photos and videos, the company says it will continue to work on the technology to try to address issues.  “Regulators are still in the process of providing …

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Taiwan Chip Giant to Expand to Japan

Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s largest chipmakers, has announced plans to build a new plant in Japan, a move experts say may help revive Japan’s declining chipmaking sector and bolster its economic security. The new plant is slated to begin operation in 2024, said CEO C.C. …

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Yahoo Halts Services in Mainland China

Yahoo said it stopped providing services in mainland China because of what it described as a difficult operating environment. The U.S. web services provider said in a statement on its website the move took effect on November 1 “in recognition of the increasingly challenging business and legal environment.” November 1 …

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China Hits Reset on Belt and Road Initiative

Green energy is the new focus of China’s one-of-a-kind Belt and Road Initiative or BRI, that aims to build a series of infrastructure projects from Asia to Europe. The eco-friendlier version of BRI has caught the attention of some 70 other countries that are getting new infrastructure from the Asian economic powerhouse in exchange for expanding trade. …

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Microsoft Discloses New Russian Hacking Effort

The U.S. technology giant Microsoft says that the same Russia-backed hackers responsible for the 2020 SolarWinds breach of corporate computer systems is continuing to attack global technology systems, this time targeting cloud service resellers. Microsoft said the group, which it calls Nobelium, is employing a new strategy to take advantage …

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Another Whistleblower Accuses Facebook of Wrongdoing: Report

A former Facebook worker reportedly told U.S. authorities Friday the platform has put profits before stopping problematic content, weeks after another whistleblower helped stoke the firm’s latest crisis with similar claims. The unnamed new whistleblower filed a complaint with the U.S. Securities and Exchange Commission, the federal financial regulator, that …

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