Facebook vice president of global affairs Nick Clegg warned antitrust regulators that data is not a simple resource that can be easily monopolized but a more complicated commodity that can be shared and kept simultaneously. He urged officials to “relinquish” the idea that data is a finite resource that can be used in finite ways. Facebook and Google are facing scrutiny by the U.S. Justice Department, Federal Trade Commission and European Commission. Meanwhile, Facebook is also testing a data portability tool. Continue reading Facebook Takes Additional Steps to Address Data Concerns

Mark Zuckerberg thinks tech companies, including Facebook, have “immense responsibilities.” Acknowledging the problems related to social media, he stressed that tech companies can’t solve all those problems on their own. Instead, he opined, the government and regulators need to play a stronger role. “By updating the rules for the Internet,” he said, “We can preserve what’s best about it.” He focused on four areas that he said should be regulated: harmful content, election integrity, privacy and data portability. Continue reading Facebook CEO Calls For Increased Government Regulation

Tech giants Facebook, Google, Microsoft and Twitter have announced the Data Transfer Project (DTP) to help people move data more easily between online services. DTP was formed last year with plans “to create an open-source, service-to-service data-portability platform” that any online service could join. While numerous services allow individuals to download data, only few allow uploading data to multiple accounts. If successful in creating universal data portability, the project could dramatically impact the tech industry and its current business models. Continue reading Technology Titans Join Forces on New Data Transfer Project