Facebook bans ads for cryptocurrencies

Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams. The social media giant said it is barring ads for “financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.” Initial coin offerings or ICOs are a… Read more

FCC votes to end US net neutrality

The Federal Communications Commission has voted to end the 2015 Open Internet Order which protects net neutrality in the United States. The decision was taken during a much-anticipated meeting in Washington, DC on Thursday Net neutrality requires all internet service providers (ISPs) to treat all data equally, without blocking, “throttling” or censoring services or websites. The… Read more

Disney buys much of Rupert Murdoch’s 21st Century Fox in deal that will reshape Hollywood

LOS ANGELES — Walt Disney Co. has finalized a $52.4 billion deal to buy much of Rupert Murdoch’s entertainment empire, a blockbuster union that would radically transform Hollywood into a land of fewer giants. The stock deal, which Disney announced Thursday morning, represents Disney’s boldest acquisition yet. If regulators approve it, the Burbank behemoth would take… Read more