Brief IT & Media news updates | May 12

Brief IT & Media news updates | May 12

Meta changing its mind

Meta has changed its mind and does not want its Oversight Board to provide policy guidance concerning content moderation issues related to Russia’s ongoing war with Ukraine. Meta has, for the first time, informed its Oversight Board that the company would be withdrawing an earlier request for policy guidance. The company cited specific ongoing safety and security concerns.

“While the Board understands these concerns, we believe the request raises important issues and are disappointed by the company’s decision to withdraw it. The Board also notes the withdrawal of this request does not diminish Meta’s responsibility to carefully consider the ongoing content moderation issues which have arisen from this war, which the Board continues to follow. Indeed, the importance for the company to defend freedom of expression and human rights has only increased”, the Oversight Board said in a statement.

Shortly after the Russian invasion, Facebook said it would temporarily allow for calls of violence against Russian leaders and soldiers invading Ukraine.

Protecting freedom of expression and human rights in Ukraine and Russia | Oversight Board

 

More automated translation

Google Translate has added 24 new languages including the first indigenous languages of the Americas and languages from Africa and Asia. Together, these languages are spoken by more than 300 million people. Breakthroughs like this are powering a radical shift in how we access knowledge and use computers, Alphabet and Google CEO, Sundar Pichai, told the company’s innovation conference.

Google I/O 2022: Advancing knowledge and computing (blog.google)

 

Disney not having same problem as Netflix

More than 9 million people subscribed to Disney’s online video platforms in the first quarter of 2022, most of them to Disney+. This means the company has avoided the same backlash as competitor Netflix that for Q1 reported a considerable loss of subscribers. Since launching in 2019, the number of Disney+ subscribers has reached nearly 138 million while Netflix reports 220 million.

Overall Disney revenues in Q1 were up 23% from a year ago to USD 19.25 billion, boosted by the amusement park business.

Disney’s Q2 FY22 Earnings Results Webcast – The Walt Disney Company

 

Ups and downs for NTFs

Since the beginning of 2021, NFT transaction volume has grown significantly, but this growth fluctuates. NFT activity ebbs and flows month to month — in 2022 thus far, the value sent to NFT marketplaces continued its 2021 growth in January, entered a downturn in February, and then began to recover in mid-April, blockchain data platform Chainalysis said in a blog post.

“Overall, collectors have sent over USD 37 billion to NFT marketplaces in 2022 as of May 1, putting them on pace to beat the total of USD 40 billion sent in 2021.”

NFT Transaction Activity Stabilizing in 2022 After Explosive Growth in 2021 – Chainalysis

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