GoKawiil
Tech News
Fox Corporation has finalized its $22 billion purchase of Roku, first announced in June, after the Justice Department cleared the deal following review. Roku, which reaches more than 100 million households and also owns Tubi, will be folded into a new Fox Digital Platforms division co-led by Roku founder Anthony Wood, who joins Fox's board.
The concept of technofeudalism describes a system in which major technology firms such as Google, Amazon, Facebook and Apple control digital platforms, data and online markets in ways likened to feudal lords controlling land. The term has roots in both information security writing by Bruce Schneier in the early 2010s and economic theory from Marina Gorbis, Kostakis and Bauwens, later popularized by economist Yanis Varoufakis.
Mexican President Claudia Sheinbaum has signed a decree requiring social media and content-sharing platforms to block minors from accessing material involving violence, hate speech, self-harm, sexual abuse and explicit sexual content. Platforms have 30 days to add age classifications, parental controls, stronger privacy settings and a round-the-clock contact point for authorities, with Mexico's ADTT overseeing compliance. The measures carry no penalties at first, though the government says it will pursue legislation if platforms fail to comply.