Facebook announced on Thursday new security measures for users in Afghanistan, as the Taliban regained control over the country after its government collapsed this week. “We’ve launched a one-click tool for people in Afghanistan to quickly lock down their account. When their profile is locked, people who aren’t their friends can’t download or share their […]
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The U.S. Federal Trade Commission (FTC) refiled its antitrust lawsuit against Facebook on Thursday, demanding that the judge forces the tech giant to sell Instagram and WhatsApp. The new case comes after Judge James Boasberg of the U.S. District Court for the District of Columbia notified the FTC in June that the original lawsuit filed in December against Facebook, failed […]
A Moscow court penalized on Tuesday Alphabet Inc’s Google with a sum of $142,877 for violating the state’s rules on prohibited content, amidst the latest clash between Big Tech companies and the Russian state. The Tagansky District Court fined search engine titan Google with five independent fines of approximately $190,000 for not deleting content banned […]
Following a retrial in a patent dispute, a Texas jury decided on Friday that Apple should settle $300 million in royalties as a division of a global fight with Optis Wireless Technology concerning the iPhone maker’s ownership of patents on the LTE cellular standard. The trial mostly highlighted the sum Apple should pay PanOptis Patent Management and its Optis Cellular and Unwired […]
Facebook announced on Tuesday that it has removed 65 and 243 Facebook and Instagram accounts respectively that were involved in anti-vax disinformation campaigns operating from Russia. The Big Tech company highlighted in its report that accounts originated in Russia targeted audiences primarily in India, Latin America, and to a lesser extent, the U.S. Facebook’s investigation found links between this campaign and Fazze, a subsidiary of a U.K-registered marketing firm AdNow, whose operations were […]
The UK’s Competition and Markets Authority (CMA) ruled that Facebook owning popular short video animations company Giphy might be detrimental to other platforms since the app is vastly popular amongst the social network’s competitors. As one of the most favored GIF sites, the animations platform provides Facebook, and it’s ecosystem of apps — Facebook Messenger, Instagram, and WhatsApp — with […]
South Korean developer of Player Unknown’s Battlegrounds’ (PUBG), Krafton, initial public offering recorded a 20 percent drop on Tuesday following a crackdown due to a state-led media attack on the gaming industry. This is considered the biggest initial decline of a South Korean IPO after LG Philips LCD collapse in the same market 17 years ago. Krafton’s loss came after it reduced its IPO target by more than 10 percent last month following regulatory demands […]
Amidst Washington’s deadlock with Beijing, China Telecom may potentially elevate its Shanghai’s initial public offering (IPO) to more than $8 billion leading to its biggest offering this year in the Shanghai Stock Exchange, following the firm’s delisting in its New York counterpart (NYSE) in January. Following Chinese media reports, the Beijing-based firm established its IPO at $0.70 per share, inflating the firm’s worth […]
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 […]
Some of China’s biggest gaming firms experienced a 10 percent decline in shares on Tuesday, after being labelled as “spiritual opium” by a state-owned media outlet. China’s largest social media and video games firm Tencent recorded a plunge of 10 percent during early trade, while NetEase lost as much as 14 percent in Hong Kong; […]