Search results for "Facebook"

Lawsuit accuses Google of giving Facebook "Ad Auctions Info”

Search giant Google was hit on Tuesday with yet another lawsuit concerning its questionable actions for conspiring with social media titan Facebook for giving “special information” for online advertising auctions. Two Massachusetts law firms accused Google of conspiring in illegal deals with Facebook to provide the social network with biased privileges in online advertising auctions. […]

Facebook rolls out simplified setting page design

Facebook unveiled on Wednesday its redesigned setting page enabling Android, iOS, mobile web, and FB Lite users to find tools in a simplified way.   “Whether it’s managing the ads people see, adjusting sharing settings, or curating an audience for posts, people shouldn’t have to think too hard about where to start,” said Facebook in a blog post.   The Big […]

FTC official raps Facebook for booting political ads probe

A senior Federal Trade Commission official is criticizing Facebook’s move to shut down the personal accounts of two academic researchers and terminate their probe into misinformation spread through political ads on the social network. Facebook wrongly used a 2019 data-privacy settlement with the FTC to justify shutting down the New York University researchers’ accounts this […]

Facebook terminates NYU’s researchers accounts

Facebook suspended on Tuesday New York University research project’s accounts and prevented access to the social networking platform, successfully halting a study involving the platform’s target on political ads. Damian Collins, a British Conservative Party politician, implicated that Facebook is halting research over the Ad Observer tool that could expose the platform’s hidden agenda concerning […]

Facebook vs. NYU academics: Who’s in the wrong?

A new controversy is looming over Facebook, as it’s involving academic researchers over their use of unauthorized data from the platform.  The multinational tech company suspended the accounts of academics from New York University’s Ad Observatory Project on Tuesday due to privacy concerns.  Facebook product management director Mike Clark explained the reason behind the unprecedented move, citing that the accounts from the project were disabled “to stop unauthorized scraping and protect people’s […]

EU investigates Facebook's proposed purchase of Kustomer

European Union regulators are opening an in-depth investigation of Facebook’s plan to buy Kustomer over concerns that the deal would stifle competition for customer relationship management software. The EU Commission said Monday it’s also investigating the acquisition because of worries that Facebook would get more data for personalized ads, handing it even more of an […]

What to expect from Facebook’s smart glasses

During Facebook’s recent earnings call, Mark Zuckerberg confirmed the company’s next hardware release will debut the tech giant’s collaboration with Ray-Ban eyewear on a pair of augmented reality glasses.  The long-awaited Ray-Ban “smart glasses” were supposed to launch in 2021. However, as a steep plunge in COVID-19 cases forced most of the world into a lockdown, a lot of tech firm’s plans changed.  “Looking ahead here, the […]

Facebook profits top $10B as its CEO exalts the 'metaverse'

Concerns about a revenue growth slowdown pushed Facebook’s shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive increase in advertising revenue. But CEO Mark Zuckerberg set his sights far beyond the second half of 2021, exalting what he sees as the next phase […]

Facebook profits soar but its success might be short-lived

Facebook’s success is rapidly taking flight; however, it’s about to face serious challenges on multiple fronts.   The company’s revenue grew 56 percent year-on-year (YoY) in the second quarter, amounting to $29 billion, according to a statement published on Wednesday.  Facebook’s savvy marketing strategy and technological advancement managed to double its quarterly profit to almost $10.4 billion, $8.7 billion more than what analysts estimated.  If this isn’t impressive enough, then take […]

This is what Facebook will look like in five years

It’s 9 a.m. The average summer heat wave feels less intense today as you’re walking down your neighborhood. The strong craving for a croissant consumes your thoughts as you’re contemplating what to have for breakfast. Out of nowhere, a bakery appears next to you with various croissant options to satisfy your cravings. You stop, choose your breakfast, only to realize […]