Business Highlights: Meta oversight, Theranos sentencing – mySA

LONDON (AP) — Facebook’s quasi-independent oversight board says an internal system that exempted high-profile users, including former U.S. President Donald Trump, from some or all of its content moderation rules needs a major overhaul. The report released Tuesday by the Oversight Board said the system “is flawed in key areas which the company must address.” … Read more

Here’s where the Rackspace security debacle stands – mySA

Rackspace Technology, one of San Antonio’s largest employers in the city’s tech industry, has been making headlines for a security breach that may have put an untold amount of private information at risk. The clould computing services company, which employees some 6,600 people, confirmed on Tuesday, December 6, that the company fell prey to a … Read more

Legacy Lofts, company behind luxury townhouse development in San Antonio’s Tobin Hill, goes bankrupt – San Antonio Express-News

SAN ANTONIO — A company behind a townhouse development in San Antonio’s Tobin Hill neighborhood has sought bankruptcy protection. Legacy Lofts on St. Mary’s LLC filed a bare-bones bankruptcy petition Monday, listing assets of no more than $50,000 and liabilities ranging from $1 million to $10 million. Legacy Lofts is a luxury 19-unit complex at … Read more