Facebook is desperate to ensure that the Internet never takes hold in developing nations -- they want a walled garden that they get to own and operate.
They've been experimenting with "zero rating," where they bribe mobile phone carriers in poor countries not to charge for the services that Facebook anoints. This has been extensively tried and evaluated, and it does virtually nothing to get poor people online -- rather, it's used by the wealthy to offset their mobile bills on their commutes, between wifi (that is, real Internet access).
There was a popular uprising in India in response to this, analogous to the USA's SOPA fight, in which Indian net activists rejected zero-rating in favor of better telcoms regulation, more competition, and an end to corrupt practices in mobile services.
India's telcoms regulator eventually took notice, banning Facebook's zero-rating partners from favoring its services. In response, Facebook's taken out huge, full-page ads rubbishing Net Neutrality, full of FUD worthy of 1990s-era Microsoft.
Since 2009, the Chicago Police Department has seized $72M worth of property from people who were not convicted of any crime, through the discredited civil forfeiture process, keeping $48M worth of the gains (the rest went to the Cook County prosecutor’s office and the Illinois State Police) in an off-the-books, unreported slush fund that it […]
Despite the denials of its new CEO, Wells Fargo had a serious, widespread cultural problem that led it to commit at least 2,000,000 financial crimes. But the crimes and the culture are widespread across America’s banks, and they spread further than that, because the system is rigged to reward financial crime.
Yesterday, Wells Fargo CEO John Stumpf announced his “early retirement” from the scandal-haunted company, with the CEO seat being filled by former COO Tim Sloan.
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