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Facebook offered to license its network and code to avoid antitrust action

The Verge

In the wake of the groundbreaking Federal Trade Commission lawsuit against Facebook, The Washington Post is reporting new details of the company’s negotiations with regulators in the run-up to the case, including an unusual offer to license its code and network to competitors.

Licensing 111
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Who’ll blink first: The world’s largest music company or TikTok?

Vox

At the end of January, when Universal Music Group (UMG) failed to negotiate a new licensing deal with TikTok , it removed its entire music catalog from the app. UMG said it made the decision because TikTok offered to pay only a fraction of the rate that other social platforms offer. Universal is a public company.

Company 76
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The AI cat and mouse game has begun

CIO Business Intelligence

If you are a CIO or CISO and haven’t yet read this article – Finance worker pays out $25 million after video call with deepfake ‘chief financial officer,’ you should and then share it with your entire company. It could save your company millions, and potentially much more. Two-factor authentication practices just won’t cut it.

Social 78
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Reddit is going public. Will its unruly user base revolt?

Vox

Reddit, the launchpad for many meme stocks , could now become one: The social media giant makes its debut on Wall Street this week in one of the most highly anticipated initial public offerings of the year. The nearly 20-year-old company is seeking to raise up to $748 million in its IPO on March 21, putting its valuation at about $6.4

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T-Mobile investigating hack that affected 37 million customer accounts

GeekWire

The hacker did not breach or compromise the company’s systems or network, the company said, and was not able to access data related to payment information, social security numbers, driver’s licenses, or other financial info. The hack started on or around Nov.

Mobile 131
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Facebook strikes News Corp deal to license news from Australian media outlets

The Verge

Facebook last month shut off the ability for Australian users and media organizations to share news links in the country , and now it seems the company’s extraordinary measure has resulted in a compromise for the most interested parties as media giant News Corp has struck a licensing deal with the social network.

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Microsoft’s ‘Verified ID’ will confirm that LinkedIn members actually work where they say they do

GeekWire

Employees of companies that issue credentials using Microsoft’s Verified ID will see a prompt in LinkedIn to verify their workplace. Employees of participating companies will see a prompt in LinkedIn to confirm their workplace using these credentials. Microsoft acquired LinkedIn for more than $26 billion in 2016.

Microsoft 128