Friday, 17 November, 2017

Facebook, Twitter lawyers to testify in Congress on Russia meddling

Facebook and Google reportedly helped set up anti-Muslim election ads Senators To Propose New Regulations For Political Ads Online
Terence Owen | 19 October, 2017, 20:27

John McCain, R-Ariz., signed on as a cosponsor. Warner and Klobuchar will present the Act at a press conference tomorrow.

This report comes after it was discovered that Russian Federation bought some 3,000 ads and cut Facebook a cheque for over $100,000 during the 2016 election. According to Politico, he said, "This is the first substantive bipartisan piece of legislation that's trying to - with a very light touch, because we don't want to slow down innovation, or restrict free speech or people's access to the internet - to deal with the problem that we saw in 2016 in terms of foreign interference in our electoral process".

In an interview with the news site Axios on Thursday, Sandberg said Facebook has the responsibility to prevent the kind of abuse that occurred on its service during the election.

The discovery of Russian operatives spreading inflammatory ads on Google and Facebook has shaken up the ad space recently, but the latest news that employees inside of those companies were also eager to help collaborate on and target similar campaigns might make for an alarming development. "They need to disclose and publicly register and notice who's buying ads for political purposes", said Klobuchar, of Minnesota. "Well, now we're at $1.4 billion", she said. But that hasn't happened yet. The new bill would also require digital platforms to keep more detailed records of electioneering communications above certain thresholds. Mark Warner and Amy Klobuchar. "This threat to democracy is with us now", he said. "We have to muster a self-defense, just as we would a military or a cyberattack". John Cornyn, the number-two Republican in the Senate and a member of the Intelligence Committee.

Google invests $1 billion in Lyft
Other investors include GM, Icahn Enterprises, Rakuten, UTA Ventures, Andreessen Horowitz, Founders Fund and Mayfield Fund. The financing news comes at a time when Lyft continues to profit off of the stumbles of its primary rival, Uber .

Heinrich's legislation is expected to propose funding and guidelines to protect voting systems and databases from cyberattacks. In recent days, they've also enlisted critical Republican support from Sen.

"We've got to get it ready for 2018, so it is the right timing", Lankford said.

Sen. Sheldon Whitehouse, a Rhode Island Democrat, said testimony has shown that shell companies were "the lubricant for the election interference effort".

Some had been looking for it to be introduced a couple of weeks ago, but the draft was still being tweaked. Facebook and Google, for their part, are faced with a conundrum in that political campaigns provide a massive source of revenue but one they must approach carefully to avoid appearing to favor one side of the spectrum.

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