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Facebook has just come out with their Q1 2021 earnings report and looking at the results, we are very sure that the company may just move to invest heavily in the VR and AR devices in times to come. Going by the predictions made by developers and analysts as they estimated Facebook selling 2 to 3 million units of Oculus Quest 2 last year, the company has also sold another 2 million units already in the first quarter of 2021. If all of these estimates are true then Quest 2 now enjoys 5 million users - a milestone that no other device has been able to enjoy as of now.

The big story: Facebook faces questions over data breach A data breach involving personal data (such as email addresses and phone numbers) of more than 500 million Facebook accounts came to light over the weekend thanks to a story in Business Insider. Although Facebook said the breach was related to a vulnerability that was “found and fixed” in August 2019, the Irish Data Protection Commission — Facebook’s lead data regulator in the European Union — suggested that it’s seeking the “full facts” in the matter. “The newly published dataset seems to comprise the original 2018 (p...

6 Min Read WASHINGTON (Reuters Breakingviews) - This hipster is going mainstream – at least, in the usually un-hip world of competition regulation. Advocates of a broader definition of antitrust, factoring in issues like data usage and inequality, are on the ascent in Washington. If they get their way, big technology firms will suffer. First, the progressive thinkers will have to contend with some antitrust squares in high places. Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. WHAT IS HIPSTER ANTITRUST? Competition watchdogs in the ...

Although Facebook has said it has banned terror groups from its platform, ISIS is still continuing to post material there. On this week’s edition of “The Hunt with WTOP national security correspondent JJ Green,” Dr. Hans Jakob Schindler, senior director of the Counter Extremism Project, discusses what ISIS’ objective is and how they’re getting away with this. toggle audio on and off change volume

Governor Cuomo Accepts Report from DFS on Facebook Investigation Share Investigation Finds Facebook Did Little to Prevent Apps from Sharing Sensitive User Data Although Facebook Has Taken Positive Steps to Remediate Problem in Response to DFS's Inquiry, Internal Controls Need Further Improvement The Report Can be Found Here Governor Andrew M. Cuomo today accepted a New York State Department of Financial Services report detailing the findings of an investigation into the transmission of sensitive user data by application and website designers to Facebook. Following a report by the Wa...