You knew Facebook’s Libra cryptocurrency would come under scrutiny as soon as it became official, and the United States government isn’t wasting any time. House financial Services Committee chairwoman Maxine Waters has issued a statement calling on Facebook to pause development of Libra until Congress and regulatory bodies have had a chance to review it. The social network has “repeatedly shown a disregard” for safeguarding user information, Waters said, suggesting that privacy problems could return to haunt this product.Continue reading
In his 1st U.S. TV interview since taking the helm at Instagram, Adam Mosseri told Gayle King of CBS News that the corporate is evaluating its stance on “deepfake” videos.
Altered, phony videos showing House Speaker Nancy Pelosi slurring her speech as if impaired or Facebook chief executive officer Mark Zuckerberg talking concerning benefiting from consumers’ information have spread across social media. King asked Mosseri, who became the head of Instagram last October, why the corporate would leave the Zuckerberg video up if it clearly is misleading and false.
“We could declare triumph; however that’s not a triumph in the least. It’s entirely hollow,” he said.