Germany is determined to expand its attempts to regulate online hate speech even as Facebook promises to do more to clean up its site after a global advertiser boycott, with politicians saying the issue is too important to leave to self-regulation.
Advertisements for more than 400 brands including Coca-Cola and Starbucks are due to vanish from Facebook as of Thursday, after the failure of last-ditch talks to stop a boycott over hate speech on the site.
Facebook Inc said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company’s election transparency measures.
A Facebook Inc employee who criticized Chief Executive Mark Zuckerberg's decision not to take action against inflammatory posts by US President Donald Trump this month said on Friday that the social media company had fired him.
The combined wealth of America's billionaires, including Amazon.com founder Jeff Bezos and Facebook CEO Mark Zuckerberg, jumped more than 19% or by half a trillion since the onset of the COVID-19 pandemic in the United States, according to a report published by the Institute for Policy Studies (IPS).
Facebook employees walked away from their work-from-home desks on Monday and took to Twitter to accuse Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump’s posts as strictly as the rival platform has done.
Twitter announced on Wednesday it would ban political advertising globally on its platform, responding to growing criticism over misinformation from politicians on social media.
Facebook chief executive Mark Zuckerberg defended on Thursday his decision to encrypt the company's messaging services, despite concerns about its impact on child exploitation and other criminal activity.
Ecuador's President Lenin Moreno has blocked the extradition to the United States of a New York man charged with trying to defraud Facebook Inc founder Mark Zuckerberg, according to a document obtained by Reuters.
Facebook has said it will set aside US$ 3bn to cover the potential costs of an investigation by US authorities into its privacy practices. While it has provided for a heavy toll from the investigation by the US Federal Trade Commission, the final cost could be US$ 5bn, it said.