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Billionaires See VR as a Way to Avoid Radical Social Change

The future of virtual reality is far more than just video games. Silicon Valley sees the creation of virtual worlds as the ultimate free-market solution to a political problem. In a world of increasing wealth inequality, environmental disaster, and political instability, why not sell everyone a device that whisks them away to a virtual world free of pain and suffering?

Source: Billionaires See VR as a Way to Avoid Radical Social Change

Inside the Making of Facebook’s Supreme Court

The “most controversial issue by far,” Darmé told me, was how powerful the board should be. “People outside the company wanted the board to have as much authority as possible, to tie Facebook’s hands,” she said. Some wanted it to write all of the company’s policies. (“We actually tested that in simulation,” Darmé said. “People never actually wrote a policy.”) On the other hand, many employees wondered whether the board would make a decision that killed Facebook.

Source: Inside the Making of Facebook’s Supreme Court

Overhauling Twitter 

Every day, 187 million people open Twitter for news, entertainment, and a social connection. It is the real-time global communications network that sci-fi novelists envisioned. It is also a catalyst for conspiracy theories, a forum for hate speech, and a surprisingly lousy business.

Source: Overhauling Twitter | No Mercy / No Malice

The Misfits Shaking Wall Street

They are part of a legion of young people — primarily male — pouring into digital trading floors in recent years, raised on social media and eager to teach themselves about stocks and trade quickly using an array of apps catered to Generation Z. In just a few short weeks, this new cohort of retail investors has completely upended some of the most professional traders by coordinating over social media, forums and chat rooms to trade shares of GameStop, sending the stock price for the video game company skyrocketing while leaving a number of sophisticated short-sellers holding the bag.

Source: The Misfits Shaking Wall Street

Apple says App Tracking Transparency feature will launch in ‘early spring’ with iOS 14 update 

In honor of Data Privacy Day on January 28, Apple has announced that its App Tracking Transparency feature will launch to users “in early spring.” The company has also launched a new easy-to-understand report dubbed “A Day in the Life of Your Data,” which illustrates “how companies track user data across websites and apps.” In a new press release, Apple’s software engineering VP Craig Federighi explained that Apple’s goal is to “create technology that keeps people’s information safe and protected.” “Privacy means peace of mind, it means security, and it means you are in the driver’s seat when it comes to your own data,” said Craig Federighi, Apple’s senior vice president of Software Engineering. “Our goal is to create technology that keeps people’s information safe and protected.

Source: Apple says App Tracking Transparency feature will launch in ‘early spring’ with iOS 14 update – 9to5Mac

Discord bans Reddit’s WallStreetBets for hate speech as scrutiny intensifies

Discord has banned the server used by the controversial subreddit r/WallStreetBets for what it says are repeated violations of the company’s hate speech policies. The ban comes as the subreddit’s moderators briefly took the group private, saying they were struggling to keep up with an influx of new users.

Source: Discord bans Reddit’s WallStreetBets for hate speech as scrutiny intensifies