Meta Whistleblower Alleges Company Worked With China on Censorship

A Meta whistleblower told U.S. senators on Wednesday that the company undermined national security in order to build a $18 billion business in China.

At a congressional hearing, Sarah Wynn-Williams, a former global public policy director at Facebook, said she watched as executives decided to provide the Chinese Communist Party with access to the data of Meta users, including that of Americans.

During her testimony before a Senate judiciary subcommittee, Ms Wynn-Williams also alleged the parent company of Facebook and Instagram worked "hand in glove" with Beijing to build censorship tools aimed at silencing critics of the Chinese Community Party.

Specifically, she said Meta capitulated to China's demands that it delete the Facebook account of Guo Wengui, a Chinese dissident living in the US.

Meta maintains it unpublished Mr Guo's page and suspended his profile because it violated the company's Community Standards.

"One thing the Chinese Communist Party and Mark Zuckerberg share is that they want to silence their critics. I can say that from personal experience," Ms Wynn-Williams said during her testimony, claiming Meta has made multiple threats against her.

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Davis Wilson:

Fake Job Seekers Are Flooding U.S. Companies That Are Hiring for Remote Positions, Tech CEOs Say

Companies are facing a new threat: Job seekers who are actually imposters using artificial intelligence (AI) tools to fabricate photo IDs, generate employment histories and provide answers during interviews.

“Individuals are using these fake identities and fake faces and fake voices to secure employment, even sometimes going so far as doing a face swap with another individual who shows up for the job," Vijay Balasubramaniyan, CEO and co-founder of Pindrop Security, said.

The rise of AI-generated profiles means that by 2028 globally 1 in 4 job candidates will be fake, according to research and advisory firm Gartner.

The risk to a company from bringing on a fake job seeker can vary, depending on the person’s intentions. Once hired, the impostor can install malware to demand ransom from a company, or steal its customer data, trade secrets or funds. In many cases, the deceitful employees are simply collecting a salary that they wouldn’t otherwise be able to.

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Enrique Abeyta:

Trump Be Damned! We Know Where the Market Is Going

On the most recent Top Trades Live with my colleague Greg Guenthner, we talked about the rule of “3.5%.” I think it can be used to turn this volatile market backdrop to our advantage.

The idea is that you divide your trading portfolio into several parts, say six or eight. Any day the market is down -3.5%, you buy one of these parts. Any day it’s up +3.5%, you sell one of these parts. This strategy would have worked in the 2020 selloff — and in every single selloff that has happened over the last 30 years.

The key to all of it is to remain nimble and be as willing to sell your quick wins as you are to buy the stock market panic.

I have no idea what Trump will do next. It’s still too early to call this a bear market. And I can’t tell you if it’s going to rain next Tuesday. But based on a century of stock market history, I can guarantee that these types of opportunities are setting up right now.

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