Sen. Mike Lee releases new study on 'declining' teen mental health due to increased use of social media
Sen. Mike Lee, R-Utah, on Wednesday released a new study from the Joint Economic Committee on the mental health impacts of Instagram and other social media apps on teenage girls.
Facebook ordered to sell off Giphy
The U.K.'s antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal stifes competition.
Australia to introduce new laws to force media platforms to unmask online trolls
Australia will introduce legislation to make social media giants provide details of users who post defamatory comments, Prime Minister Scott Morrison said on Sunday.
Jobs report, Yellen Powell CARES Act hearing, Dollar General earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Lush Cosmetics quitting social media until platforms are safer for consumers
Lush Cosmetics says it will deactivate its Instagram, Facebook, Snapchat and TikTok accounts on Friday until the social media platforms take action to provide a safer environment for users.
Josh Hawley blasts Big Tech after Rittenhouse verdict: 'Think they're above the law'
Sen. Josh Hawley took on Big Tech for the way it treated Kyle Rittenhouse, who was found not guilty on all counts Friday.
Meta under investigation by coalition of states over Instagram's effects on kids
Attorneys general from several states announced Thursday they have joined forces to investigate Meta over Instagram's effects on children
The new reality of the metaverse
Axios Media Trends reporter Sara Fischer and Defiance ETF CIO Sylvia Jablonski discuss which stocks will power the virtual world on 'Making Money.'
Ohio sues Meta alleging Facebook parent misled public about its products’ effect on children
Ohio’s attorney general is suing Meta Platforms Inc., formerly known as Facebook Inc., alleging the company misled the public about how it controlled its algorithm and the effects its products have on children.
Facebook’s Metaverse plans raise concerns over free speech, privacy rights
When Facebook CEO Mark Zuckerberg touted the company’s plans last month to build a virtual reality “metaverse” to supplant the internet, he proclaimed that users of this platform will be able to do “almost anything” they could imagine.
Iceland spoofs Mark Zuckerberg’s ‘Meta’ unveiling in tourism video
A tourism video ad by Iceland on Thursday spoofed Mark Zuckerberg and his unveiling last month of the virtual world he expects people will work, play and interact with each other while wearing a virtual reality headset.
AMD's stock is surging, here's why
AMD is on pace to close at an all-time high with the biggest percentage increase since July of 2020 thanks to a deal with Facebook.
Plenty of pitfalls await Mark Zuckerberg’s ‘metaverse’ plan
When Mark Zuckerberg announced ambitious plans to build the “metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real life and create endless new playgrounds for everyone — he promised that “you’re going to able to do almost anything you can imagine,” but that might not be such a great idea.
US Senate bill would limit big tech mergers
Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions.
Nvidia riding Metaverse wave with crucial chip production
U.S. Bank wealth management CIO Eric Freedman and Sarge986 president Stephen Guilfoyle weigh in on tech sector movement.
Facebook slammed for stifling 'wrong-think' on climate change
Facebook has gotten more aggressive in promoting claims about a climate change consensus, adding fact-check-style “information” notes to various posts. Climate experts have condemned the move, attacking the study on which the claim of “consensus” is based and faulting Facebook for becoming an Orwellian thought police.
Facebook shutting down facial-recognition program
According to the tech giant, more than a third of Facebook's daily active users who have opted into its facial recognition setting will no longer be automatically recognized in photos and videos and its facial recognition template used to identify more than a billion people will be deleted.
Journalists venture beyond their newsrooms to try to cash in
The current boom in newsletters is creating new opportunities for some high-profile journalists to capitalize on their personal brands, potentially earn more income and get greater editorial autonomy than they typically enjoy.
An 'eraser button': Focused ideas could help bridle Big Tech
Lawmakers are getting creative as they introduce a slew of bills intended to take Big Tech down a peg. One bill proposes an "eraser button" that would let parents instantly delete all personal information collected from their children or teens.
Patagonia is boycotting Facebook, urges other companies to do the same
Patagonia is doubling down on its decision to stop all paid advertising on Facebook Inc. platforms, urging other companies to join the sportswear company in its boycott of the social-networking company as it faces widespread scrutiny following the release of internal documents.