The week that was: the 8 things you need to know

Week 46
The week that was: the 8 things you need to know

Eight US states are examining ‘Μeta’ investigation in 8 US States on Instagram’s impact on kids if Meta, previously known as Facebook, is promoting Instagram to kids and tracking their activities. The investigation is going to examine whether the company has violated consumer protection laws and exposed young people to dangers.

Following criticism for how its algorithms promote content, Facebook announced new features saying they will give people more control over what they see in their news feeds. The company also announced increasing tests where advertisers can choose subjects that their ads will not appear next to.

Five major US-based platforms will control 53% of the world’s 1.7 billion live streaming video subscriptions by 2026. Disney+ is forecasted to overtake Netflix 2027 to be the biggest on the market, according to UK-based Digital TV Research. Present market lead Netflix announced it will publish global Top 10 lists every Tuesday.

Social media app TikTok will reach 1.5 billion active users by 2022 showing it is one of the fastest climbers among social media apps, measurement firm App Annie said.  The company also said that after Meta CEO Mark Zuckerberg’s fascination of the metaverse – a borderless network of platforms – metaverse apps are on the rise.

62% of citizens in the EU believe that government corruption is a big problem in their country, a study from anti-corruption organization Transparency International shows. Only 44% of women in the EU think they can report corruption without fear of retaliation.

French news agency AFP and Google announced an agreement on the remuneration of neighbouring rights. French competition authority had ordered Google to reach an agreement on paying the country’s publishers for using their journalistic content in services like search.

Google will invest USD 1 billion in Australia over five years. It is the biggest investment the company has made in the country. Google’s relationship to Australia has been under some strain since Google during discussions about the country’s new copyright legislation earlier this year threatened to stop its search service in the country.

American journalist Danny Fenster was released from jail in Myanmar just days after a court sentenced him to 11 years in prison on multiple charges including incitement, unlawful association, and visa violations. There was no explanation for his release from jail. Fenster has returned to his family in the US.

 

 

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