A bipartisan pair of senators criticized the Federal Trade Commission in a letter Monday, likening a possible $5 billion penalty for alleged privacy violations to a speeding ticket for companies Facebook’s size. The lawmakers called for sweeping changes at the company and said that Facebook executives should be held individually accountable if the agency finds they knowingly violated a previous...
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Meta Rehires Partnerships Executive After Vowing to Shrink Management
Meta Platforms CEO Mark Zuckerberg’ effort to cut back on middle managers isn’t stopping the company hiring more middle managers. Meta has re-hired a veteran manager, Nick Grudin, to oversee its relationships with media companies and other creators, just seven months after Grudin quit to join Dapper Labs, an NFT startup. Grudin will resume his old job, reporting to his previous boss...
Virgin Orbit Nears $200 Million Funding Deal
Amazon Tests Palm-Scanning Technology at Panera Bread
Toyota Phases Out Amazon Alexa in Vehicles, Explores ChatGPT
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