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First Republican Senator Calls for Breakup of ‘Dangerous’ Facebook

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Facebook’s moderation policies continue to rile up lawmakers on both sides of the aisle, with Republican Sen. Josh Hawley of Missouri on Saturday becoming the first GOP senator to openly call for the breakup of the company.

“I’ve had enough. Break Facebook up already. It’s time,” Hawley tweeted. “I’ve fought Facebook over censorship of pro-lifers, censorship of independent media (like New York Post), censorship of conservative commentators. Facebook is dangerous because Facebook is a MONOPOLY – with unprecedented power over communication. End it.”

Hawley’s comments were spurred by Facebook deleting a post by The Babylon Bee, a right-leaning satirical site akin to The Onion. The post, editor-in-chief Kyle Mann tweeted, joked that Sen. Mazie Hirono, a Democrat from Hawaii, wanted to weigh Supreme Court nominee Amy Coney Barrett against a duck “to see if she is a witch.” Mann said the post was removed for violating Facebook’s “community standards,” although he wasn’t notified what the exact violation was and that Facebook threatened to restrict monetization on future posts.

Mann did not immediately respond to TheWrap’s request for comment.

“If this means Congress must change [and] update the antitrust laws, so be it,” Hawley added.

(Taking action against Facebook under existing legislation may not lead anywhere, antitrust experts have told TheWrap previously. You can read more on the topic by clicking here.)

Hawley isn’t the first member of Congress to target Facebook in recent months. Most notably, Sen. Elizabeth Warren (D-Mass.) last year proposed breaking up Facebook, Amazon and Google during her bid for the Democratic nomination for president. She compared the current tech landscape to a modern day Gilded Age, where smaller companies are unable to compete with the major players.

“We need to stop this generation of big tech companies from throwing around their political power to shape the rules in their favor and throwing around their economic power to snuff out or buy up every potential competitor,” Warren said. Warren’s relationship with Facebook grew even icier soon after, when Facebook briefly pulled her ads calling for the company’s breakup.

Warren has also skewered Facebook’s moderation policies, including its decision to not fact-check political ads. Facebook CEO Mark Zuckerberg, in response to complaints by Warren and others, said he’d rather have users determine what is and isn’t true, rather than the company.

“What I believe is that in a democracy it’s really important that people can see for themselves what politicians are saying, so they can make their own judgments,” Zuckerberg said last December. “And, you know, I don’t think that a private company should be censoring politicians or news.”

Facebook, along with Twitter, is also facing scrutiny over its handling of a New York Post report this week on Hunter Biden.

The report said Biden introduced his father, former Vice President and current Democratic nominee Joe Biden, to a “top executive” at a Ukrainian energy company before pressuring Ukrainian lawmakers to fire a prosecutor looking into the company. However, the story has been questioned by many established news outlets because it was based on unauthenticated emails that the Post said were extracted from Hunter Biden’s computer — which has also not been proven.

Shortly after the story was published, Facebook said it was “reducing” the report in users’ Newsfeeds. Twitter went even farther, blocking users from sharing the “potentially harmful” story, as a Twitter warning label put it. Twitter said the story was blocked for violating its policy against sharing hacked material. Twitter reversed its decision later in the week, with CEO Jack Dorsey saying it had taken the “wrong” approach.

By that point, though, the companies were already facing plenty of heat. Trump-appointed FCC Chairman Ajit Pai on Thursday said the commission will be reviewing Section 230 of the Communications Decency Act, which grants broad legal protections for tech companies to censor and moderate content on their platforms. That, coupled with the antitrust concerns from Hawley and others, have put Silicon Valley in the crosshairs of Washington, D.C.

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Radhika Apte reveals real reason why she got married

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Radhika Apte needs no introduction to Kollywood fans after her appearance as Superstar Rajinikanth’s wife in ‘Kabali’ directed by Pa Ranjith.  The intense actress impressed with her performance of a meek girl to a mother of a grown-up and especially her reunion scene with Rajini took the audience on an emotional ride.

Radhika is happily married to her British boyfriend Benedict Taylor who is a singer and she shuttles between Mumbai and London to balance her personal and professional life.

Radhika Apte in her most recent interaction with Vikranth Massey on social media from London has admitted that she does not believe in the institution of marriage.  When asked why she got married the talented performer replied that it is easier for married people to get a British visa and that’s why she and her man opted for it in 2012.

Radhika is currently chilling with Taylor in their London home during the lockdown and will soon start filming her next English film ‘Noor Inayat Khan’ in which she plays a spy based on a true story.

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Jacqueline Fernandez shares picture of her being in ‘happy place’

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Actor Jacqueline Fernandez is working on a secret project where she found herself in a ‘happy place’. Taking it to Instagram on Sunday, the 35-year-old actor shared a picture dressed up like a traffic police officer as she is seen laughing her heart out.

“How was everyone’s Sunday?? Fun project coming up soon! #myhappyplace,” wrote Fernandez along with a picture where she is also seen holding a coffee mug. The ‘Kick’ actor also shared a few Instagram stories of her getting ready for the upcoming project.

Recently, the actor extended gratitude to her fans after the number of Instagram followers hit the 46 million mark.

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Why an ‘active’ approach to risk modelling is key to navigating markets today

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Whether investors are aiming for a cautious approach or a riskier investment profile with the potential for higher returns, Architas’ Blended Fund range is designed to match a range of investor risk appetites. And like many asset managers, Architas predominantly uses two approaches to define asset allocation within the five risk bands used in the Blended Range – strategic and tactical.

Whilst risk model provider EValue’s quantitative approach to asset allocation takes into account the long-term performance of different asset classes and the likely future performance given current valuations, along with long-term measures of volatility and correlations with other asset classes. Yet as with most systems of its kinds, EValue focuses on the long term; it is unable to analyse short-term market movements and fluctuations. So whilst it would have seen that in Q1 2020 markets fell by a record percentage before rebounding, it will not be able to factor in the cost of the coronavirus and lockdown and its impact on markets. Similarly, it is not able to consider ongoing Brexit woes, geo-political trade wars or the outcome of the US election in 2020.

Click here for the full article and to access more about the flexibility of the Architas Blended Range by clicking on the box below.

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