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Law360 (February 11, 2021, 10:36 PM EST) -- A Delaware vice chancellor granted limited access Thursday to Facebook pension fund stockholders seeking documents related to founder Mark Zuckerberg's avoidance of liability in a $5 billion privacy breach settlement with the Federal Trade Commission, saying the investors can see some nonprivileged communications but not those protected by attorney-client privilege.Vice Chancellor Joseph R. Slights III said in a 27-page opinion that the limited set of electronic files is "necessary and essential" to the Employees' Retirement System of Rhode Island's probe of whether or not Facebook overpaid in its deal with the FTC in order to protect Zuckerberg from substantial personal... Stay ahead of the curve In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition. Access to case data within articles (numbers, filings, courts, nature of suit, and more.) Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc. Create custom alerts for specific article and case topics and so much more! TRY LAW360 FREE FOR SEVEN DAYS
Read moreDetailsFeb 12 (Reuters) - Facebook said on Friday it would reduce the distribution of all content and profiles run by Myanmar's military, saying they have ...
Read moreDetailsImage: Tingey Injury Law Firm Cyber-security powerhouse Proofpoint has filed a lawsuit this week against Facebook in relation to the social network's attempt to confiscate domain names the security firm was using for phishing awareness training. The case is a countersuit to a Facebook filing from November 30, 2020, when the social network used a UDRP (Uniform Domain-Name Dispute-Resolution) request to force domain name registrar Namecheap to hand over several domain names that were mimicking Facebook and Instagram brands.Among the listed domain names were the likes of facbook-login.com, facbook-login.net, instagrarn.ai, instagrarn.net, and instagrarn.org.Proofpoint says lookalike domains are fair gameIn court documents filed on Tuesday, Proofpoint said the UDRP should not apply to these domains, which it should be allowed to keep and continue using.Proofpoint argues that UDRP requests should only be used for domains registered in bad faith. The security firm instead says its use of the Facebook and Instagram lookalike domains "has been in good faith and for a legitimate purpose."Proofpoint claims its phishing awareness tests are crucial for the security of its customers, but also for the security of Facebook itself, as the phishing awareness tests teach users to recognize Facebook and Instagram lookalike domains and phishing attacks —something that Facebook…
Read moreDetailsby: Marielena Balouris Posted: Feb 10, 2021 / 08:29 PM EST / Updated: Feb 10, 2021 / 09:28 PM EST PORTSMOUTH, Va. (WAVY) — 10 On Your Side has spent a lot of time trying to make sure you have the most accurate information on the COVID-19 vaccine. But not everyone has the same intentions, especially on social media. Facebook is launching what it’s calling the “largest worldwide campaign” to promote accurate information about the COVID-19 vaccine. The social network says it wants to do its part to help us make it through this pandemic. There are four pieces to Facebook’s new campaign. On your homepage, you’ll see a button for the COVID-19 Information Center. It has links to information from health agencies and data on your city. The social network is also giving $120 million worth of advertising credits to health agencies around the world. To make sure that information goes to the people who need it most, Facebook is partnering with Carnegie Mellon University in Pittsburgh to conduct a survey. “This is likely one of the largest surveys ever conducted in history,” said Facebook Research Manager Alex Pompe. “We get around 50,000 responses to that survey in the…
Read moreDetailsFranklin County asks Facebook to assist in providing internet access The Franklin County Broadband Committee is looking to put some pressure on Facebook to provide access to several miles of high-speed fiber internet lines making their way across the county. The lines will pass through several underserved areas with no current plans to allow local access.The Facebook line was the reason for traffic delays along Virginia 122 for much of the summer and fall. Workers dug trenches next to the roadway to place the bright-orange line for the technology company.When completed later this year, the fiber internet line will stretch from Facebook data center in Columbus, Ohio to a center in Ashburn, Virginia. The line will run through Bedford and Franklin counties before passing into Floyd County.So far, there has been no announcement that the Facebook lines will be available to local residents. “What we have been told is that it won’t be available for individual use,” said Steve Sandy, Franklin County director of planning and community development.During the Franklin County Broadband Committee meeting held Feb. 2, members agreed to contact several local representatives to push Facebook to allow local use. Letters are expected to be sent to Gov. Ralph…
Read moreDetailsTipRanks3 Big Dividend Stocks Yielding at Least 9%; BTIG Says ‘Buy’How important are dividends to a stock investor’s profits? Speaking before the Financial Industry Regulatory Authority (FINRA) on October 15, 2007, investing guru John Bogle laid out the case: “Over the past 81 years… reinvested dividend income accounted for approximately 95 percent of the compound long-term return earned by the companies in the S&P 500. These stunning figures would seem to demand that mutual funds highlight the importance of dividend income.” So in other words, dividends are pretty important! Of course, right now the average stock on the S&P 500 is only paying about a 2% dividend yield, which isn’t a lot. If you want to do better than that, though, the REIT sector is a great place to begin your search for high-yield dividend stocks. REITs are companies that acquire, own, operate, and manage real estate portfolios, usually some combination of residential or commercial real properties, or their associated mortgage loans and mortgage-backed securities. Tax law requires that these companies return profits directly to shareholders, and most of them choose dividends as their vehicle of choice for compliance, resulting in frequent high dividend yields across the sector. The slowly…
Read moreDetailsEU lawmakers overseeing new digital regulation in Europe want to force Big Tech companies to pay for news, echoing a similar move in Australia and strengthening the hand of publishers against Google and Facebook.The initiative from members of the European parliament would be a serious blow to Google, which has threatened to leave Australia in protest at a planned new law that would compel it to pay for news.Facebook has also warned it will stop users in Australia from sharing news if the legislation is passed in its current form.European parliament members working on two landmark draft European digital regulations, the Digital Services Act (DSA) and the Digital Markets Act (DMA), told the Financial Times the laws could be amended as they pass through the EU parliament to include aspects of the Australian reforms. These include the option of binding arbitration for licensing agreements and requiring tech companies to inform publishers about changes to how they rank news stories on their sites. We will never accept this situation when somebody is using content ... and authors are not remunerated at all. Andrus Ansip, MEP and former commissioner Alex Saliba, a Maltese MEP who led the parliament’s first report on the DSA, said…
Read moreDetailsExtended interview: Expert explains how COVID-19 vaccines work and side effects after shots Dr. Williams Moss, an epidemiologist and executive director of the International Vaccine Access Center at Johns Hopkins, explains how mRNA vaccines by Pfizer and Moderna work and why side effects are more likely after the 2nd dose. Facebook announced Monday it would be launching the "largest worldwide campaign" to combat misinformation surrounding the coronavirus and COVID-19 vaccines. The social media giant said it also aims to provide helpful information for its more than 2 billion users about vaccine eligibility, safety and relevant health updates. As the drive to get the American public vaccinated gathers steam, Facebook said it aims to help people better understand the guidelines for vaccine rollouts.More than 4 million more vaccinations were reported over the weekend, a significantly faster clip than in previous days, according to the U.S. Centers for Disease Control and Prevention. Nearly 1 in 10 Americans have now received at least one shot. But just 2.9% of the U.S. population have received their second dose, a long way from the 70% or more that experts say must be attained to reach herd immunity.Facebook said that its initiative to provide vaccine information…
Read moreDetailsDAKOTA DUNES, S.D. — The Siouxland News at Sunrise Facebook "Question of the Day" for this Monday, Feb. 8th, is - did you ever have a black and ...
Read moreDetailsFile image of Donald Trump. Trump is facing his second impeachment trial after the House of Representatives initiated the procedure following his alleged involvement in inciting the violent crowds to attack the US Capitol Hill building last month.Trending Desk Last Updated: February 08, 2021, 15:30 ISTFOLLOW US ON:Former US President Donald Trump is reportedly enjoying his time away from social media. The business tycoon and Republican party leader left the White House on January 20, 2021 with an unusual legacy as he was banned from social media platforms like Twitter, Facebook, and Instagram following the Capitol Hill violence led by his followers.However, in an interview to The Sunday Times, Jason Miller, Trump’s senior adviser, says that the former president is happier than before as he gets to focus his energies on other activities. He told the daily paper that Trumphas said he feels happier now thanhe has been in some time. Jason further mentioned that Trump believes that not being on social mediaand not being subjected to the hateful echo chamber that social mediafrequently becomes, has actually been good.The 74-year-old leader faced international criticism after his supporters stormed the US legislator on January 6, 2021 to stop the Congress from…
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