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A West Virginia newspaper chain is suing Google and Facebook over digital ad revenue

Mabel R. Acton 2 months ago

The parent company of a West Virginia newspaper chain has filed an antitrust lawsuit against Facebook and Google parent company Alphabet, alleging the platforms are siphoning away much-needed digital ad revenue. It appears to be the first such lawsuit by a news organization against the digital giants and makes the argument that the platforms represent a digital monopoly that should be broken up, like Standard Oil or AT&T were back in the day.

“Google and Facebook have monopolized the digital advertising market thereby strangling a primary source of revenue for newspapers across the country,” according to the complaint filed by

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Tech jobs soar as overall US job market dips

Mabel R. Acton 2 months ago

US employers added an estimated 391,000 IT jobs last month, following both gains and losses in the sector in recent months, IT trade group CompTIA Inc. reported Friday.

The unemployment rate for technology jobs held roughly steady at 3%—the same level as a year ago—compared with a 6.7% overall unemployment rate.

Companies in all sectors cut 140,000 jobs in December, ending seven months of job growth in the wake of a sharp contraction in March and April, the Labor Department reported Friday.

Within the technology sector, employers last month added 22,200 jobs, after cutting 8,600 in November, including technology workers,

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Parler website partially returns with support from Russian-owned technology firm | Social media

Mabel R. Acton 2 months ago

Parler, the social network popular with Donald Trump supporters, has partially returned online with the help of a Russian-owned technology company.

The network vanished from the internet after it was dropped by Amazon’s hosting arm and other partners over a lack of moderation after its users called for violence and posted videos glorifying the attack on the US Capitol on 6 January.

On Monday, Parler’s website was reachable again, though only with a message from its chief executive, John Matze, saying he was working to restore functionality.

The internet protocol (IP) address it used is owned by DDos-Guard, which is

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Apple positioned to offer cryptocurrencies: RBC report

Mabel R. Acton 2 months ago

(Reuters) – Apple Inc has a “clear opportunity” to offer a buying and selling mechanism for cryptocurrencies, a move that would allow the company to immediately gain market share, according to a research report on Monday from RBC Capital Markets.

With its access to world-class software and a secure ecosystem, Apple could tackle the problem individuals face acquiring crypto assets due to know-your-customer laws and other regulations with the company offering a closed system that prevents nefarious activity, improves asset security, and has instant access to buyers and sellers, the report said.

It added that if Apple, which already has

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