Telcom companies are using Facebook fake news against each other

Feb12
by on February 12, 2020 at 6:33 pm
Posted In: Uncategorized


Facebook today revealed it’d identified and removed several new fake news sources on its platform and Instagram. Some of the latest apparently include Southeast Asian telcom companies — whose goal is apparently to discredit their rivals, making it a rare case of disinformation used for commercial purposes rather than nationalistic ones. According to a statement from Nathaniel Gleicher, Facebook’s Head of Security Policy the fake news pages were linked to state-owned telcoms companies, namely Myanmar’s Mytel and Vietnam’s Viettel. In total, Facebook removed 13 accounts and 10 pages that violated its rules. The pages used memes and “news” about other companies to…

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German fintech N26 to leave UK — because Brexit

Feb11
by on February 11, 2020 at 5:52 pm
Posted In: blockchain, cryptocurrency, Hard Fork


German fintech startup N26 will pull out of the UK market completely, as it says its European banking license won’t permit operation there following Brexit. UK-based customers of the Berlin-based company were told today their accounts would close by April 15th, Reuters reports. N26 has operated in the UK for just five months, some two years after the public voted to leave the European Union in the first place. In fact, its CEO Valentin Stalf told CNBC in October that launching in the UK was “a no-brainer for us, independent of Brexit.” N26 hosts approximately 200,000 British accounts, whose owners are…

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