Media industry

FILE - This March 28, 2018, file photo shows a Facebook logo at the company's headquarters in Menlo Park, Calif. Facebook’s ambitious plan to create a new financial system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his Treasury secretary and the head of the Federal Reserve. (AP Photo/Marcio Jose Sanchez, File)
July 16, 2019 - 5:11 pm
WASHINGTON (AP) — Under sharp criticism from senators, a Facebook executive on Tuesday defended the social network's ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users' data. "We know we need to take the time to get...
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FILE - This March 28, 2018, file photo shows a Facebook logo at the company's headquarters in Menlo Park, Calif. Facebook’s ambitious plan to create a new financial system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his Treasury secretary and the head of the Federal Reserve. (AP Photo/Marcio Jose Sanchez, File)
July 16, 2019 - 4:35 pm
WASHINGTON (AP) — The Latest on congressional hearings on the reach of big tech (all times local): 4:50 p.m. Rep. Joe Neguse, a Democrat from Colorado, sought to pin down Facebook on the subject of "monopoly" during a hearing on the power of Big Tech. Facebook argues it is not a monopoly because it...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 5:23 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
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FILE - In this April 30, 2019, file photo, Facebook CEO Mark Zuckerberg makes the keynote speech at F8, Facebook's developer conference in San Jose, Calif. A Wall Street Journal report says that the FTC has voted this week to approve a fine of about $5 billion for Facebook over privacy violations. The report Friday, July 12, 2019, cites an unnamed person familiar with the matter. (AP Photo/Tony Avelar, File)
July 13, 2019 - 12:43 am
At $5 billion, the fine the FTC is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012. The long-expected punishment, which Facebook is well prepared for, is unlikely to make a dent in the social...
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FILE - In this April 30, 2019, file photo, Facebook CEO Mark Zuckerberg makes the keynote speech at F8, Facebook's developer conference in San Jose, Calif. A Wall Street Journal report says that the FTC has voted this week to approve a fine of about $5 billion for Facebook over privacy violations. The report Friday, July 12, 2019, cites an unnamed person familiar with the matter. (AP Photo/Tony Avelar, File)
July 13, 2019 - 12:23 am
At $5 billion, the fine the U.S. Federal Trade Commission is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012. The long-expected punishment, which Facebook is well prepared for, is unlikely to...
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President Donald Trump speaks during the "Presidential Social Media Summit" in the East Room of the White House, Thursday, July 11, 2019, in Washington. (AP Photo/Evan Vucci)
July 11, 2019 - 5:46 pm
WASHINGTON (AP) — President Donald Trump used a White House conference Thursday to applaud far-right social media provocateurs even as he conceded that some of them are extreme in their views. Trump, who has weaponized social media to eviscerate opponents and promote himself, led a "social media...
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President Donald Trump speaks during the "Presidential Social Media Summit" in the East Room of the White House, Thursday, July 11, 2019, in Washington. (AP Photo/Evan Vucci)
July 11, 2019 - 3:07 pm
WASHINGTON (AP) — The Latest on President Donald Trump's conference on social media (all times local): 4 p.m. President Donald Trump says social media allows messages to be sent directly to the people without going through the "fake news filter." Trump says social media users are "challenging the...
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FILE - In this June 16, 2017 file photo, the Facebook booth is seen at the Vivatech, a gadgets show in Paris, France. France has adopted a pioneering tax on internet giants like Google, Amazon and Facebook despite threats from the U.S. Just ahead of the vote Thursday, French economy minister Bruno Le Maire said allies needed to settle differences "without using threats." (AP Photo/Thibault Camus, File)
July 11, 2019 - 11:29 am
PARIS (AP) — France has adopted a pioneering tax on internet giants like Google, Amazon and Facebook on Thursday, despite U.S. threats of new tariffs on French imports. The final vote in favor of the tax in the French Senate on Thursday came hours after the Trump administration announced an...
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President Donald Trump looks up during the military flyovers at the Independence Day celebration in front of the Lincoln Memorial, Thursday, July 4, 2019, in Washington. The Washington Monument is in the background. (AP Photo/Carolyn Kaster)
July 10, 2019 - 5:35 pm
NEW YORK (AP) — The Fourth of July meant hot dogs, fireworks and President Donald Trump for many Fox News viewers. Fox News reached an average of 4.09 million viewers between 6 and 8 p.m. EDT last Thursday for its coverage of Trump's much-discussed holiday parade in Washington, D.C., the Nielsen...
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FILE - In this May 21, 2019 file photo, Will Smith, right, kisses Jada Pinkett Smith as they arrive at the premiere of "Aladdin" at the El Capitan Theatre in Los Angeles. The Hollywood power couple on Wednesday announced the launch of a new media venture. According to a statement, Westbrook Inc. will be a cross-platform holding company “formed to execute the Smith family’s global content and commerce business strategy.” (Photo by Chris Pizzello/Invision/AP, File)
July 10, 2019 - 12:59 pm
LOS ANGELES (AP) — Jada Pinkett Smith and Will Smith are looking to expand their brands under a new corporate umbrella. The Hollywood power couple on Wednesday announced the launch of a new media venture. According to a statement, Westbrook Inc. will be a cross-platform holding company "formed to...
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