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AM Prep-Cyber Corner

February 18, 2019

IN THE NEWS: BRITISH REPORT RIPS FACEBOOK

NEW YORK (AP) — British lawmakers have issued what amounts to a public spanking of Facebook. The report, put out by a parliamentary committee, says Facebook intentionally violated privacy and anti-competition laws in the U.K. It also called for greater oversight of Facebook and other social media companies. The report on fake news and disinformation on social networking sites comes after an 18-month investigation. The committee that put together the report says social media sites should have a mandatory code of ethics overseen by an independent regulator to help such sites better control harmful or illegal content.

IN THE NEWS: AMAZON’S OTHER SUITORS SEEK APPROVAL

NEW YORK (AP) — Thank you, next? No sooner than Amazon announced its split with New York City, it is getting feelers from other possible suitors among the 18 that had wooed the online retail giant. Officials in Newark, New Jersey are wasting no time trying to win over Amazon. City officials have sent a giant card that read, “NY & Newark Still Love U, Amazon!” Reps of other jilted cities, like Chicago and suburban Maryland have indicated they are still interested in getting Amazon, albeit on the rebound from New York City.

ON THE WEB: PAYLESS SHOESOURCE SHUTTERING STORES

CYBERSPACE (AP) — Add Payless ShoeSource to the list of retail stores to close up business. The Kansas-based footwear company has already started holding liquidation sales — and will also wind down its e-commerce operations. The debt-laden chain filed for Chapter 11 bankruptcy protection in April, 2017. Payless says all of its stores will stay open until at least the end of March — and that most will stay open until May. The Payless chain was founded in 1956 to offer self-service stores selling affordable footwear.

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Online:

Payless site: http://www.payless.com

by Oscar Wells Gabriel II

Follow Oscar Wells Gabriel II on Twitter at https://twitter.com/OWGabriel2