Tag: Facebook

• Thursday, October 27th 2022 - 19:33 UTC

  Zuckerberg loses millions as Meta's stock plummets

  

  Meta's stock fell 23% Thursday after the third quarter's results were released. The data showed the Reality Labs division (which encompasses its VR, XR, and Metaverse) posted US$ 3.7 billion in operating losses.

• Saturday, October 30th 2021 - 08:48 UTC

  Zuckerberg's rebranding strategy sparks controversy

  

  As Facebook CEO Mark Zuckerberg announced this week the company would be changing its name to Meta, public perception was quick to establish the decision was a response to a matter of public acceptance hitting record lows and many regarded the move as purely “cosmetic.”

• Tuesday, October 26th 2021 - 08:59 UTC

  Brazilian President says COVID-19 vax and HIV go hand in hand

  

  Brazil's President Jair Bolsonaro had a video posting removed from Facebook after the social media administrators labelled it as “fake news” for linking COVID-19 vaccination to AIDS' HIV.

• Thursday, October 21st 2021 - 08:17 UTC

  Facebook planning to rebrand its name converted in a metaverse company

  

  Facebook is planning to change its company name next week to reflect a new focus, as reported by The Verge. The coming name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28th, is meant to signal the tech giant’s ambition to be known for more than social media and all the ills that entail.

• Tuesday, October 5th 2021 - 09:22 UTC

  WhatsApp, Instagram and Facebook collapse globally for seven hours: can it happen again?

  

  Monday was a day when people had to go back to making old-fashioned phone calls after messaging applications run by Facebook (Facebook, Instagram, and WhatsApp) collapsed worldwide for around 7 hours.

• Thursday, July 8th 2021 - 17:33 UTC

  Trump files class action lawsuit against big tech giants and their CEOs

  

  Former US President Donald Trump said on Wednesday he had filed a lawsuit against Facebook, Twitter, Google and their CEOs, because of unfairly infringing upon his First Amendment right to free speech as protected by the US constitution.

• Tuesday, June 8th 2021 - 04:38 UTC

  Google fined €220 million in France to settle abuse of power in online advertising

  

  BLOOMBERG – Google has agreed to pay €220 million and end anti-competitive practices, to settle a French antitrust probe over its abuse of power in online advertising. The French Competition Authority said Google has been unfairly sending business to its advertising server and its online ad auction house, to the detriment of rivals. In addition to the fine, Google promised to remedy the situation by improving the interoperability of its Google Ad Manager services for third parties.

• Saturday, June 5th 2021 - 09:18 UTC

  Facebook bans Trump for two years; “an insult” to his 75 million voters

  

  Facebook on Friday banned former US President Donald Trump for two years, saying he deserved the maximum punishment for violating platform rules over the deadly attack by supporters on the US capitol last January.

• Monday, March 1st 2021 - 08:34 UTC

  Facebook will pay US$ 650 million for illegally collecting biometric data to identify faces

  

  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.

• Thursday, February 25th 2021 - 09:37 UTC

  Australian bill confirms Facebook and Google agreement to pay local media for content

  

  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.