Adopting a ratings system for social media like the ones used for film and TV wont work

Gail Ann Hurd Contributor Share on Twitter Ruth Vitale, who has held top executive posts at indie film outfits including Paramount Classics, Fine Line Features, and New Line Cinema, is CEO of CreativeFuture. Interestingly, Facebook’s Mark Zuckerberg In a follow-up conversation with Axios, Kevin Martin of Facebook “compared the proposed standard-setting body to the Motion Picture Association of America’s system for rating movies.” CARA is not a perfect system. Filmmakers do not always agree with the ratings given to their films, but the board strives to be transparent as to why each film receives the rating it does. The system allows filmmakers to determine if they want to make certain cuts in order to attract a wider audience. Additionally, there are occasions …

Venture investors and startup execs say they dont need Elizabeth Warren to defend them from big tech

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. Warren’s plan called for regulators to be appointed to oversee the unwinding of several acquisitions that were critical to the development of the core technology that make Alphabet’s Google and the social media giant Facebook so profitable… and Zappos. Warren also wanted regulation in place that would block companies making over $25 billion that operate as social media or search platforms or marketplaces from owning companies that also sell services on those marketplaces. As a whole, venture capitalists viewing the policy were underwhelmed. …