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For these Instagram-only business owners, Monday’s outage was a rude awakening

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For most of the billions of Facebook, WhatsApp and Instagram users around the world, Monday’s outage was annoying. But for businesses that rely exclusively on those platforms to find new customers and sell to them, it was a cold reminder of just how vulnerable they are.

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Global deal on 15% minimum tax rate for multinationals edges closer

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Global economyGlobal deal on 15% minimum tax rate for multinationals edges closerAlmost 140 countries understood to be in final OECD talks on measures to stop firms moving profits to tax havens Richard Partington and Lisa O’CarrollTue 5 Oct 2021 10.58 EDTLast modified on Tue 5 Oct 2021 12.17 EDTAlmost 140 countries are edging closer to a global deal on the taxation of multinationals, with agreement on a minimum 15% rate of corporation tax set to be announced as part of a landmark statement at the OECD in Paris on Friday.Governments representing more than 90% of the world economy are understood to be in the final stages of talks on a global minimum rate and other measures designed to stop multinationals shifting profits into tax havens.It is understood the accord will update several key details from an outline statement signed by 130 countries in July. Sources indicated a 15% rate was likely to be settled upon as part of the OECD’s Inclusive Framework tax negotiating forum, in a move backing down from an earlier agreement for a minimum of “at least 15%”.In a sprint to agree further details after almost a decade of negotiations, the push to issue a statement comes before a key meeting between G20 finance ministers taking place in Washington next week.Ireland, one of nine countries that declined to sign the OECD headline agreement in July, is expected to sign the landmark deal on Friday.The French economy minister, Bruno …

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Facebook whistleblower accuses firm of serially misleading over safety

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FacebookFacebook whistleblower accuses firm of serially misleading over safety Frances Haugen filed at least eight complaints against the company regarding its approach to safety Dan Milmo Global technology editorTue 5 Oct 2021 07.50 EDTLast modified on Tue 5 Oct 2021 08.44 EDTThe Facebook whistleblower, Frances Haugen, who testifies at the US Congress on Tuesday, has filed at least eight complaints with the US financial watchdog accusing the social media company of serially misleading investors and politicians over its approach to safety.The complaints, published online by the news programme 60 Minutes late on Monday, hours before Haugen’s testimony to US senators at 10am EDT (3pm BST), are based on tens of thousands of internal documents that Haugen copied shortly before she quit Facebook in May.The complaints and testimony from Haugen, who stepped forward on Sunday as the source of a damning series of revelations in the Wall Street Journal, are taking place against a backdrop of operational chaos for Facebook, whose platforms, including Instagram and WhatsApp, went offline around the world for nearly six hours on Monday.The first whistleblower complaint filed to the US Securities and Exchange Commission relates to the 6 January riots in Washington, when crowds of protesters stormed the Capitol, and alleges that Facebook knowingly chose to permit political misinformation and contests statements made by its chief executive, Mark Zuckerberg, to the contrary.“Our anonymous client is disclosing original evidence showing that Facebook … has, for years past and ongoing, …

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Facebook putting profit before public good, says whistleblower Frances Haugen

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FacebookFacebook putting profit before public good, says whistleblower Frances HaugenInternal papers show firm is lying about making progress against hate, violence and misinformation, ex-employee says Kari Paul and Dan MilmoMon 4 Oct 2021 06.12 EDTFirst published on Sun 3 Oct 2021 20.27 EDTA former Facebook employee has accused the company of putting profit over the public good, after coming forward as the whistleblower who leaked a cache of internal documents that have placed the tech firm in its worst crisis since the Cambridge Analytica scandal.Frances Haugen, 37, said the thousands of documents she had collected and shared with the Wall Street Journal and US law enforcement showed the company was lying to the public that it was making significant progress against hate, violence and misinformation.“The thing I saw at Facebook over and over again was there were conflicts of interest between what was good for the public and what was good for Facebook. And Facebook, over and over again, chose to optimise for its own interests, like making more money,” she said.In an interview with the news program 60 Minutes on Sunday, Haugen explained her decision to speak out about the internal workings of Facebook, saying she had become alarmed by what she perceived as company policies that prioritized profit over public safety.“The version of Facebook that exists today is tearing our societies apart and causing ethnic violence around the world,” she said.Haugen said she was recruited to join Facebook as …

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Facebook whistleblower alleges social network fed U.S. Capitol riot

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Facebook prematurely turned off safeguards designed to thwart misinformation and rabble rousing after Joe Biden defeated Donald Trump in last year’s U.S. elections in a moneymaking move that a company whistleblower alleges contributed to the deadly Jan. 6 invasion of the U.S. Capitol.

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Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful

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Pandora papersWorld newsPandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful Millions of documents reveal offshore deals and assets of more than 100 billionaires, 30 world leaders and 300 public officialsG …

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Bringing a centuries-old craft back to life in County Tyrone

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Bringing a centuries-old craft back to life in County Tyrone

A centuries-old skill is being revived in Northern Ireland.Glass and crystal-cutting in County Tyrone was once world-renowned and the craft in the area dates back to 1771.However, it wasn’t until the company Tyrone Crystal was founded in 1971 that its glass and crystal products were shipped across the world.The company was founded by Catholic priest Fr Austin Eustace, who was a nuclear physicist as well as an expert on glass production.He started the business as a solution to rising unemployment in the area at the time.The Dungannon-based business was a success as crystal became popular for wedding and retirement gifts in the 1970s and 1980s.However, the company experienced a downturn as a demand for its products decreased. The Tyrone Crystal factory closed in 2010 and this saw the glass-cutting craft virtually disappear from the county.Now, more than a decade later, there are fresh attempts to ensure these skills are kept alive.A community-based glassworks has been set up to help train the next generation of glass and crystal craft workers.Tyrone Crafted Glass includes ex-employees of Tyrone Crystal and former master glass-cutters.It has been supported by the Lough Neagh Partnership, The National Lottery Heritage Fund and Mid Ulster District Council.Video journalist: Niall McCracken

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‘They stole from us’: the New York taxi drivers mired in debt over medallions

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Once an asset that secured a comfortable retirement, the medallion’s worth has plummeted, leaving drivers financially ruined. Here are some of their storiesby …

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As a whistleblower prepares to speak out, what can be done to rein in Facebook?

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FacebookAs a whistleblower prepares to speak out, what can be done to rein in Facebook?Pressure grows on social network after US senators challenge Instagram over impact of app on children’s mental health Dan Milmo Global technology editorSat 2 Oct 2021 01.00 EDTLast modified on Sat 2 Oct 2021 05.28 EDTUS lawmakers have left Facebook in no doubt this week that revelations about the impact of its Instagram app on teen mental health have further damaged the company’s reputation. The Democrat senator Richard Blumenthal said the social network was “indefensibly delinquent” in its behaviour and had “chosen growth over children’s mental health”, after the Wall Street Journal (WSJ) reported that Facebook’s internal research had flagged concerns that its photo-sharing app was damaging the wellbeing of young users.The pressure on Facebook is likely to increase on Sunday when a whistleblower appears on US TV to claim that the company is lying to the public and investors about the effectiveness of its attempts to remove hate, violence and misinformation from its platforms.The whistleblower, who has submitted thousands of internal documents to the US financial regulator, will then appear at a Senate hearing on Tuesday.The WSJ report and the whistleblower’s appearance take place against a backdrop of active attempts to rein in the power of Facebook and other tech companies. Here are some of the proposals being considered for regulating Facebook.A break-upThe US competition watchdog, the Federal Trade Commission, has lodged a lawsuit demanding that …

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Flight attendants union calls to limit food and booze service to stem tide of unruly passengers

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The union representing flight attendants at Canada’s major airlines says reducing on-board food and drink service might help combat a rise in unruly passenger behaviour.

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