Fake Cops Scammed Apple and Meta to Get User Data

from Wired “Ipsa scientia potestas est,” 16th-century philosopher and statesman Sir Frances Bacon famously wrote in his 1597 work, Meditationes Sacrae. Knowledge itself is power. The aphorism, cliché as it may be, takes on a palpable truth in times of war.  Just ask the people of Mariupol, a city in southeastern Ukraine, where Russia’s devastating attacks have cut off the flow of information in and out of the city. Meanwhile, in Russia, the government has banned Facebook and Instagram amid its crackdown on news without the state’s stamp of approval. But as we explained this week, building a full China-style […]

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Meta’s Failed Giphy Deal Could End Big Tech’s Spending Spree

from ars technica Instagram? Sure! WhatsApp? Go nuts. But don’t mess with GIFs. That’s the strange position taken by Britain’s competition watchdog in choosing to block Meta’s takeover of GIF repository Giphy. Meta, the UK’s Competition and Markets Authority (CMA) ruled, must now sell all the GIFs—just 19 months after it reportedly paid $400 million for them. It’s a bold move—and a global first. Never before has a tech giant been ordered to press undo on a completed deal rather than pay a fine or make promises about how the newly merged businesses would operate. Meta, the parent company of […]

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Facebook Who? Zuckerberg Announces Rebranding As Meta

from ars technica During his Connect 2021 keynote presentation today, Facebook CEO Mark Zuckerberg rolled out the name “Meta” as a new corporate identity reflecting the company’s “new north star—to help bring the metaverse to life.” The name, which Zuckerberg noted comes from the Greek word for “beyond,” is “a new company brand to encompass everything that we do.” That means the company will be “looking at and reporting on our business as two different segments, one for a family of apps and one for work on future platforms,” he said. The name “Facebook,” Zuckerberg said, “just doesn’t encompass everything we […]

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