Online media industry

FILE - This March 28, 2018, file photo shows a Facebook logo at the company's headquarters in Menlo Park, Calif. Facebook’s ambitious plan to create a new financial system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his Treasury secretary and the head of the Federal Reserve. (AP Photo/Marcio Jose Sanchez, File)
July 16, 2019 - 3:03 pm
WASHINGTON (AP) — The Latest on congressional hearings on the reach of big tech (all times local): 4 p.m. Matt Perault, Facebook's head of global policy development, says the social media giant is an "American success story" with plenty of competition in all the areas it does business in. Speaking...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 3:17 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
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In this photo taken July 11, 2019 is Assembly Speaker Pro Tempore, Kevin D-South San Francisco, left, at the Capitol in Sacramento, Calif. Mullin is the author of a proposed law, AB1217, that would require groups spending more than $10,000 a year on advertisements about pending legislation or regulation to identify themselves and major funders in the same sort of disclaimers already required in election campaign commercials. (AP Photo/Rich Pedroncelli)
July 13, 2019 - 11:25 am
SACRAMENTO, Calif. (AP) — Elections come and go, but the season for political advertising sometimes seems to never end. Facebook users in California, for example, may have noticed ads in recent months showing a woman with duct tape over her mouth and text that warns: "Legislators are leaving sexual...
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FILE - In this April 30, 2019, file photo, Facebook CEO Mark Zuckerberg makes the keynote speech at F8, Facebook's developer conference in San Jose, Calif. A Wall Street Journal report says that the FTC has voted this week to approve a fine of about $5 billion for Facebook over privacy violations. The report Friday, July 12, 2019, cites an unnamed person familiar with the matter. (AP Photo/Tony Avelar, File)
July 13, 2019 - 6:33 am
At $5 billion, the fine the FTC is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012. The long-expected punishment, which Facebook is well prepared for, is unlikely to make a dent in the social...
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President Donald Trump speaks during the "Presidential Social Media Summit" in the East Room of the White House, Thursday, July 11, 2019, in Washington. (AP Photo/Evan Vucci)
July 11, 2019 - 5:46 pm
WASHINGTON (AP) — President Donald Trump used a White House conference Thursday to applaud far-right social media provocateurs even as he conceded that some of them are extreme in their views. Trump, who has weaponized social media to eviscerate opponents and promote himself, led a "social media...
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FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite, in New York's Times Square. Aleksandr Kogan, the data scientist at the center of Facebook’s Cambridge Analytica privacy scandal, said he is dropping a defamation lawsuit against the social network rather than engage in an expensive, drawn-out legal battle. (AP Photo/Richard Drew, File)
July 02, 2019 - 3:04 pm
The data scientist at the center of the Cambridge Analytica privacy scandal says he is dropping a defamation suit against Facebook rather than engage in an expensive, drawn-out legal battle. Aleksandr Kogan had sued in March, claiming Facebook executives scapegoated him to deflect attention from...
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FILE - In this April 4, 2013, file photo, Facebook CEO Mark Zuckerberg walks at the company's headquarters in Menlo Park, Calif. Facebook’s plan to create a digital currency used across the world is already raising concern with financial regulators and privacy experts. (AP Photo/Marcio Jose Sanchez, File)
June 18, 2019 - 5:45 pm
SAN FRANCISCO (AP) — Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners. Just hours after the social media giant unveiled early plans for the Libra cryptocurrency, French Finance Minister Bruno Le Maire insisted that only...
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June 18, 2019 - 3:56 pm
SAN FRANCISCO (AP) — Google is making a $1 billion commitment to address the soaring price of housing in the San Francisco Bay Area, a problem that the internet company and its Silicon Valley peers helped create as the technology industry hired tens of thousands of high-paid workers. The pledge...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 11:01 am
NEW YORK (AP) — The Latest on Facebook's new digital currency (all times local): noon Facebook has surprised cryptocurrency experts in announcing a digital currency that shares fundamental privacy characteristics with Bitcoin, the leading cryptocurrency today. Human Rights Foundation expert Eric...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 4:21 am
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more...
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