If Facebook Is the Problem, Is A Social Media Regulator the Fix?

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Facebook whistleblower Frances Haugen told Congress on Tuesday that one option for making social media less harmful would be to create a dedicated regulatory agency to oversee companies like Facebook, and could have former tech workers on staff. “Right now, the only people in the world who are trained to … understand what’s happening inside… Continue reading If Facebook Is the Problem, Is A Social Media Regulator the Fix?

New York Regulator Urges Oversight for Social-Media Giants Following Twitter Cyber Attack

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New York’s top financial watchdog said a dedicated regulator should oversee large social-media platforms, which should also be designated as systemically important, following a successful cyberattack on Twitter Inc. during the summer. The New York State Department of Financial Services made the recommendations Wednesday as part of a 37-page report about the July 15 attack… Continue reading New York Regulator Urges Oversight for Social-Media Giants Following Twitter Cyber Attack