profiting

The Federal Trade Commission proposed a “blanket prohibition” that would ban Meta from monetizing children’s data Wednesday. The FTC says Meta—the company formerly known as Facebook—failed to comply with an existing 2020 privacy order by misleading parents about the control they have over Facebook Messenger, and misrepresenting the ways outside app developers can access data.Making the Facebook Papers Public“Facebook has repeatedly violated its privacy promises,” said Samuel Levine, director of the FTC’s Bureau of…

is in hot water with the Federal Trade Commission once again after the agency against the company, which has allegedly failed to fully comply with a 2020 privacy order. Among other things, the agency has proposed a blanket ban on monetizing data Meta collects from users aged under 18, whether they use Facebook, WhatsApp, Instagram or Quest virtual reality headsets. The proposed sanctions, which the FTC seeks to apply as part of an update to the 2020 order, include a ban on Meta launching new products, services and…

TOKYO—Top Japanese companies are expecting healthy profits this year despite parts shortages leaving them unable to ship many products, ranging from cars to gaming devices. The yen’s fall to a three-decade low against the dollar this year has more than offset difficulties for exporters in meeting demand because of the boost it has given to the value of earnings from overseas. TOKYO—Top Japanese companies are expecting healthy profits this year despite parts shortages leaving them unable…

It was "immoral" that largest energy companies in first quarter of 2022 made combined profits of close to $100 billion, says Antonio Guterres, urging governments to tax excessive profits. Guterres slams some developed countries for introducing universal subsidies at gasoline pumps and reopening coal plants.…

The seemingly unresolvable ethical dilemma of basing films on true tragedies and crimes, especially without the involvement of victims’ loved ones or survivors, is again up for debate ahead of the Australian premiere of a controversial new film, The Stranger.Thomas M Wright’s film, which debuted at Cannes in May and premieres at the Melbourne international film festival on Friday, centres on the lengthy undercover police operation to capture the man responsible for the 2003 murder of 13-year-old Queensland schoolboy…