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U.S. Slaps $5 Billion Fine on Facebook, Toughens Privacy Oversight

U.S. regulators on Wednesday slapped a record $5 billion fine on Facebook for privacy violations in a wide-ranging settlement that calls for revamping privacy controls and oversight at the social network.

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The Struggle to Regulate Online Giants Like Facebook, Google, Amazon

Internet giants like Facebook, Google and Amazon have disrupted markets and culture in a lucrative rise to power that have regulators launching probes, imposing fines and even threatening to break the companies up.

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Microsoft Joins Project on Ethical Artificial Intelligence

Microsoft on Monday announced a $1 billion investment in an OpenAI ethical artificial intelligence project backed by Tesla's Elon Musk and Amazon.

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Huawei's Czech Unit 'Secretly Collected Data'

The Czech unit of telecoms giant Huawei secretly collected personal data of customers, officials and business partners, Czech public radio reported Monday, fanning concerns about security risks linked to the Chinese group.

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Report: Israel Spyware Firm Can Mine Data from Social Media

An Israeli spyware firm thought to have hacked WhatsApp in the past has told clients it can scoop user data from the world's top social media, the Financial Times reported Friday.

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Poland, Lithuania Probe Russian-Made App behind Viral Old Age Selfies

Poland and Lithuania said Thursday they were looking into the potential security risks of using a Russian-made face-editing app that has triggered a viral social media trend where users post "aged" selfies.

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Instagram Hides 'Likes' from More Users

Instagram started hiding "likes" on its platform in Australia, Brazil and several other major markets Thursday, saying it wanted to ease pressure on users, following criticism about its impacts on mental health.

The Facebook-owned social media giant's trial changes mean users in the six countries will no longer be able to see the number of likes other people's posts receive.

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France Defiant as Digital Tax Showdown with U.S. Looms at G7

France on Wednesday expressed defiance in a row with the United States over taxing tech giants that threatens to dominate a G7 meeting, saying an international accord was the only way to solve the dispute.

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New UK Bank Note to Feature Mathematician Turing

The Bank of England on Monday said World War II code-breaker Alan Turing had been chosen to feature on the back of Britain's new £50 bank note ($63, 56 euros).

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Tech Tax Set to Dominate G7 Finance Ministers Meeting

A row over taxing tech giants is set to dominate a meeting of G7 finance ministers near Paris this week, with the world's leading industrialized nations already riven by disruptive US trade policies.

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