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VOICE ARCHIVE

Mike Swift

@swiftstories
93 posts
2025-08-02
It will now be up to US District Judge James Donato to determine damages for the class, but @Meta has acknowledged in court filings it faces billions of dollars in liability.
2025-08-02 View on X
Courthouse News Service

A US jury finds Meta violated the California Invasion of Privacy Act when it intentionally recorded the health data of women via the period tracking app Flo

The jury got to decide how seriously Big Tech takes privacy, the attorney for a class of Flo users said in closing arguments.

2025-05-07
A pretty amazing $168 million in punitive damages awarded against NSO for using @WhatsApp as a vessel to install Pegasus spyware. My @mlexclusive colleague @xy0o0 has the details: [image]
2025-05-07 View on X
Courthouse News Service

A US jury awards Meta nearly $168M in damages from Israeli spyware maker NSO Group in connection with the 2019 spyware attack on 1,400+ WhatsApp users' phones

Although NSO Group will likely appeal, the jury's award represents a significant win for privacy advocates and critics of the notorious spyware vendor.

2025-03-19
Unbelievable and unprecedented.
2025-03-19 View on X
New York Times

President Trump fires the FTC's two Democratic members, threatening the regulatory body's independence in a decision that is likely to face a legal challenge

The decision to fire the two members of the traditionally independent regulatory body is likely to face a legal challenge.

2025-01-18
Here's the key takeaway, including concerns about effects in limiting of engineering talent, compute power, cloud switching costs, inside track to sensitive technical and business information. So potential #antitrust and #dataprotection and data access issues. [image]
2025-01-18 View on X
Bloomberg

The US FTC releases a report saying Microsoft's $13B investment in OpenAI raises concerns that the company could extend its cloud computing dominance into AI

Microsoft-Open AI raises alarms Jon Keegan / Sherwood News : FTC report scrutinizes OpenAI and Anthropic's partnerships with cloud giants Grace Priscilla Teo / Tech in Asia : US wa...

2025-01-11
Based on the first hour of oral argument on the @tiktok_us before #SCOTUS, I haven't heard a single question from any justice that is remotely sympathetic to the #FirstAmendment arguments of #TikTok
2025-01-11 View on X
Bloomberg

SCOTUS signals it is likely to uphold the TikTok divest-or-ban law, as a majority of justices suggested they see national security overriding free speech issues

TikTok went before the Supreme Court on Friday for one last attempt to put an end to the impending ban. Stephen Schenck / Android Authority : It may be time to start accepting that...

2025-01-10
Based on the first hour of oral argument on the @tiktok_us before #SCOTUS, I haven't heard a single question from any justice that is remotely sympathetic to the #FirstAmendment arguments of #TikTok
2025-01-10 View on X
Wired

Live blog: The US Supreme Court hears oral arguments in TikTok's appeal against the divest-or-ban law

We're tuning in live as the justices consider what could be one of the most consequential First Amendment rulings of the past several decades.  —  The US Supreme Court is expected ...

Justice Ketanji Brown Jackson returning with Fisher to her former focus in exchange with Francisco about whether this is really a law preventing associations, not speech. But Fisher counteres the #DataSecurity concerns don't justify the broad ban on speech. #TikTok
2025-01-10 View on X
Wired

Live blog: The US Supreme Court hears oral arguments in TikTok's appeal against the divest-or-ban law

We're tuning in live as the justices consider what could be one of the most consequential First Amendment rulings of the past several decades.  —  The US Supreme Court is expected ...

2024-10-31
Zuckerberg on this #AI powered moment in the tech industry: “This may be the most dynamic moment that I've seen in our industry, and I'm focused on making sure that we build some awesome things and make the most of the opportunities ahead.” #Metaearnings
2024-10-31 View on X
Meta Investor Relations

Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% YoY to $15.69B, and family daily active people up 5% YoY to 3.29B on average for September 2024

Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.

Li says @Meta #AI “continues to be on track to be the most used AI assistant in the world by end of year.” Has over 500 million monthly active users. #Meta
2024-10-31 View on X
Engadget

Mark Zuckerberg says Threads has almost 275M MAUs and is adding more than a million sign ups per day, while Meta AI has passed 500M MAUs in less than a year

RE: https://www.threads.net/... Kurt Wagner / @kurtwag8 : Threads Monthly users: April - 150m July - 175m Aug - 200m Oct - “almost” 275m That's a lot of growth in one year (even if...

Susan Li, @Meta CFO, again warns of “regulatory headwinds”....."We continue to monitor an active regulatory landscape, including the increasing legal and regulatory headwinds in the EU and the US that could significantly impact our business and our financial results."
2024-10-31 View on X
Meta Investor Relations

Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% YoY to $15.69B, and family daily active people up 5% YoY to 3.29B on average for September 2024

Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.

Li says @Meta #AI “continues to be on track to be the most used AI assistant in the world by end of year.” Has over 500 million monthly active users. #Meta
2024-10-31 View on X
Meta Investor Relations

Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% YoY to $15.69B, and family daily active people up 5% YoY to 3.29B on average for September 2024

Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.

2024-10-25
Breaking: Another blow for @Meta @Google @tiktok_us @Snap as Judge Gonzalez Rogers in California “generally” denies #addictive #algorithm #socialmedia design claims brought by 100s of US school systems. https://content.mlex.com/... [image]
2024-10-25 View on X
Bloomberg

A US federal judge allows 150+ cases from school districts against Meta, Google, and Snap alleging their apps contributed to students' mental health crisis

Isaiah Poritz / Bloomberg :

2024-10-23
The ⁦@SECGov⁩ is starting to hand out some real #cybersecurity fines, hitting four companies with penalties over lax disclosures. https://www.sec.gov/...
2024-10-23 View on X
TechCrunch

Unisys, Check Point, Avaya, and Mimecast to pay a combined $7M to the SEC, which says they negligently downplayed the impact of the SolarWinds supply chain hack

The companies fined are: Avaya, Check Point, Mimecast, and Unysis.  —  https://techcrunch.com/... X: Mike Swift / @swiftstories : The ⁦@SECGov⁩ is starting to hand out some real #c...

2024-10-18
If you're going to hack the @SECGov X account, perhaps best to not Google about it afterwards. From DOJ's indictment today of Eric Council, charged with hacking the SEC's @X account to manipulate #Bitcoin . https://www.justice.gov/... #CyberSecurity [image]
2024-10-18 View on X
The Block

The FBI charges Alabama man Eric Council Jr. with hacking the SEC's X account on January 9, 2024 to post a fake announcement about approving spot bitcoin ETFs

Causing Bitcoin To Spike Jonathan Greig / The Record : Alabama man arrested in breach of SEC social media account Karissa Bell / Engadget : The FBI arrested an Alabama man for alle...

2024-09-20
Breaking: The @FTC has just published a bit of a #privacy bombshell in releasing their long-awaited 6(b) report on #socialmedia data collection practices, calling it “stunning” and “unacceptable.” The @MLex story is here: https://content.mlex.com/... [image]
2024-09-20 View on X
New York Times

A US FTC report on the data practices of Meta, YouTube, TikTok, and six other companies finds “vast surveillance” of consumers to monetize their information

and the ingestion of personal information—to power their services - Companies generally fed extensive amts of personal info into their automated systems /10 [image] Jon von Tetzchn...

2024-09-19
Breaking: The @FTC has just published a bit of a #privacy bombshell in releasing their long-awaited 6(b) report on #socialmedia data collection practices, calling it “stunning” and “unacceptable.” The @MLex story is here: https://content.mlex.com/... [image]
2024-09-19 View on X
New York Times

The US FTC releases a four-year study of how Meta, YouTube, TikTok, and six others collected and used data, finding “vast surveillance” of consumers

Meta, YouTube and other sites collected more data than most users realized, a new report by the Federal Trade Commission finds.

2024-08-18
The Ninth Circuit panel agreed with @NetChoice that it is likely to succeed in showing “CAADCA's requirement that covered businesses opine on and mitigate the risk that children may be exposed to harmful or potentially harmful materials online facially violates the First
2024-08-18 View on X
Washington Post

A US appeals court largely upholds a ruling blocking the California Age-Appropriate Design Code Act, finding parts of the law likely violate the First Amendment

making decisions based on evidence, not claims.https://www.washingtonpost.com/ ... Nora Benavidez / @attorneynora : Breaking news: the Ninth Circuit just ruled that California Age ...

2024-08-17
The Ninth Circuit panel agreed with @NetChoice that it is likely to succeed in showing “CAADCA's requirement that covered businesses opine on and mitigate the risk that children may be exposed to harmful or potentially harmful materials online facially violates the First
2024-08-17 View on X
Washington Post

A US appeals court largely upholds a ruling blocking the California Age-Appropriate Design Code Act, finding parts of the law likely violate the First Amendment

The court found key parts of the landmark law probably violate the First Amendment, largely siding with an industry challenge.

2024-08-16
California launching pilot program allowing first 1.5M people who sign up to put their drivers license on @Apple or @Google Wallet, digitizing the tangible credential. Hope the #security is rock solid https://www.dmv.ca.gov/...
2024-08-16 View on X
Axios

California announces driver's license and state ID support in Apple Wallet and Google Wallet, rolling out “in the coming weeks”, as part of the DMV's mDL pilot

Shawna Chen / Axios :

2024-07-24
The @FTC launches a 6(b) study over the use of #AI and #personaldata to set differential prices, ordering Mastercard, Revionics, Bloomreach, JPMorgan Chase, Task Software, PROS, Accenture, and McKinsey to provide detailed information. #privacy https://www.ftc.gov/...
2024-07-24 View on X
The Record

The US FTC seeks info from Mastercard, Accenture, and six other companies related to their “surveillance pricing products” that use personal data, AI, and more