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Facebook whistleblower says tech giant makes hate worse

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Well-known Facebook whistleblower Frances Haugen has made another address about her former company’s practices, this time at the Online Safety Bill committee in London

Haugen told British MPs that the social media giant is “unquestionably making hate worse”… as the hearing continues regarding what new rules should be imposed on social media giants.

The whistleblower believes Facebook’s safety teams are lacking the required resources to do their job properly and is unwilling to sacrifice profits for protecting users.

Meanwhile, Haugen also told the committee that Instagram is the worst platform out of them all, saying the platform “is about social comparison and about bodies… about people’s lifestyles, and that’s what ends up being worse for kids”.

It comes as British lawmakers look to impose new duties and regulations on large social media organisations and ensure they are subject to appropriate checks and balances.

When speaking about leadership within the company, Haugen says there is a lack of personal accountability and understanding around public safety.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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