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Russian lawmakers on Tuesday approved a bill providing for stricter penalties for foreign internet companies that fail to open an office in Russia, including fines. Moscow has long sought to exert greater control over technology firms, and disputes over content and data have intensified since it sent armed forces into Ukraine on February 24. Foreign
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Chinese-owned social media site TikTok told US senators it was working on a final agreement with the Biden Administration that would “fully safeguard user data and US national security interests,” according to a letter seen Friday by Reuters. TikTok Chief Executive Shou Zi Chew told senators in a letter dated Thursday that the short video
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Facebook parent Meta Platforms has reportedly reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers. According to Reuters, the statement comes Meta Chief Executive Mark Zuckerberg, who cited the figure during a weekly employee Q&A session on Thursday. In another update, Meta
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A 2019 poll found that children would rather be YouTubers than astronauts. It made headlines and led to plenty of grumbling about “kids these days”. But it’s not surprising that young people – up to 1.3 million in the UK – want to make their income by creating social media content. The global influencer market
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