A US federal judge has given final approval to Facebook's US$650 million payment to settle a privacy dispute between the California group and 1.6 million users in the US state of Illinois. The decision was issued on Friday.
After a last-gasp deal that watered-down binding rules Facebook and Google had fiercely opposed in return for the tech giants agreeing to pay local media companies, Australia's parliament passed landmark legislation on Thursday. The dispute was closely watched around the world.
Canada is following Australia and vowed on Thursday to make Facebook Inc pay for news content, seeking allies in the media battle with tech giants and pledging not to back down if the social media platform shuts off the country's news.
Google apparently has struck deals with Australian media to pay for news content, but Facebook on Thursday blocked Australian users from sharing or viewing news content on the platform.
Landmark legislation to force Alphabet's Google and Facebook to pay publishers and broadcasters for content, will be introduced by Australia next week. The bill and its outcome is being closely watched around the world.
Facebook Inc said it would block U.S. President Donald Trump's accounts indefinitely and for at least the next two weeks until the presidential transition is completed.
Facebook could be forced to sell its prized assets WhatsApp and Instagram after the US Federal Trade Commission (FTC) and nearly every US state filed lawsuits against the social media company, saying it used a “buy or bury” strategy to snap up rivals and keep smaller competitors at bay.
Facebook Inc on Wednesday banned ads on its flagship website and Instagram photo and video sharing service that claim widespread voting fraud, suggest U.S. election results would be invalid, or which attack any method of voting.
Facebook said on Saturday it has put a global block on certain accounts controlled by supporters of Brazil's President Jair Bolsonaro implicated in a fake news inquiry, a day after it was fined for not complying with a Supreme Court judge's order to do so.
Google and Facebook took particularly sharp jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing that put four of America’s most prominent tech CEOs in the hot seat.