In this particular usage of the word, algorithms are parts of software programs that sites like Facebook, Twitter and Google use to determine which content and advertisements to show users.
The bill would prohibit platforms from using algorithms that discriminate based on protected characteristics like race and gender, empower the Federal Trade Commission to review platforms algorithmic processes and create a new inter-agency task force to investigate discrimination in algorithms.
Platforms would also have to explain to users how they use algorithms and what information they use to run them. It is time to open up Big Tech s hood, enact strict prohibitions on harmful algorithms, and prioritize justice for communities who have long been discriminated against as we work toward platform accountability, Markey said in a statement.
Why Dan Niles Likes These 2 FAANG Stocks Right Now
Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and
Facebook Inc (NASDAQ:FB) are reopening plays, Satori Fund founder and portfolio manager Dan Niles said Thursday on CNBC s Squawk Box.
Both companies grew revenue last year while advertising was down, Niles said, adding that the revenue growth was impressive given the circumstances surrounding the COVID-19 pandemic.
As hotels and airlines begin advertising again, Google and Facebook will be beneficiaries, he said.
At about a 25x price-to-earnings ratio, the valuation of the two FAANG stocks is reasonable, especially considering that the two companies will grow revenue by about 30% this year, he said.
Google Inc (NASDAQ:GOOG), Google Inc (NASDAQ:GOOGL) - Waymo Said To Seek $4B In External Funding As It Mulls Going Public benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is seeing the departure of two more key executives, a little over a month after .
Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is seeing the departure of two more key executives, a little over a month after CEO John Krafcik’s exit in April, Techcrunch reported on Wednesday. What Happened: The California-based company’s Chief Financial Officer Ger Dwyer and Adam Frost, head of automotive partnerships and corporate development, are leaving the self-driving startup this month, according to the report..