Facebook

Zuckerberg fires back against claims of profit over people

Mark Zuckerberg on Wednesday addressed during Facebook’s third-quarter earnings call the escalated allegations, as the CEO attempted to drift recently surfaced claims from his social networking platform. According to the Big Tech platform’s CEO, the storm hitting his company arising a wave of bad press was led by “a coordinated effort to selectively use leaked […]

Facebook’s ad revenue takes hit from Apple ATT update

Following Facebook’s financial results released on Monday, the social networking giant is anticipating a damaging effect rising from Apple’s iPhone privacy alterations led by Snap Inc’s missed revenue targets. In April, the iOS developer incorporated additional privacy updates to prohibit advertisers from monitoring iPhone users without their permission. Apple’s move fueled fear in digital ad […]

Facebook personnel were asked to restrain news

Once more, the social networking giant is under the spotlight. Facebook’s employees have effortlessly acted to restrain right-wing platforms, ignoring managers’ objections to prevent any future political clash on its platform, reported by the Wall Street Journal (WSJ). In-house debates between the tech giant’s managers and employees were driven by recent worries that Facebook is inversely […]

Facebook's oversight board seeks details on VIPs' treatment

Facebook’s semi-independent oversight board says the company has fallen short of full disclosure on its internal system that exempts high-profile users from some or all of its content rules. Facebook “has not been fully forthcoming” with the overseers about its “XCheck,” or cross-check, system the board said in a report Thursday. It also said it […]

Senator asks Facebook CEO to testify on Instagram and kids

The senator leading a probe of Facebook’s Instagram and its impact on young people is asking Facebook CEO Mark Zuckerberg to testify before the panel that has heard far-reaching criticisms from a former employee of the company. Sen. Richard Blumenthal, D-Conn., who heads the Senate Commerce subcommittee on consumer protection, called in a sharply worded […]

Facebook to refurbish its image with a rebrand

Facebook announced on Tuesday plans to rebrand its image by changing its name to mirror the tech giant’s recent emphasis on creating its metaverse, according to The Verge.  Mark Zuckerberg is planning to change the social networking company’s name, with the new label will be announced next week at the company’s annual Connect conference on October […]

Novi, Facebook digital wallet sirens regulatory warning

Facebook launched on Tuesday its own digital wallet Novi to support decentralized currencies in collaboration with Coinbase and was faced with an urge from U.S. senators and lawmakers to cease the wallet’s pilot release, effective immediately.  One notion Facebook’s six-hour outage proved to us: the magnitude of our reliance on just one company. Facebook made […]

Facebook plans to hire 10,000 in Europe to build 'metaverse'

Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives. The company said in a blog post Sunday […]

Facebook will start asking teens to “take a break” from Instagram

In response to the severe backlash Instagram has received over its negative impact on teens, parent company Facebook announced a new set of features in hopes of putting the issue to bed.   Facebook vice president of global affairs Nick Clegg said during an interview with CNN State of the Union show that Facebook is going to “introduce something which I think will make a considerable difference, […]

NEC to build subsea fibre cable under the Atlantic for Facebook

Japan’s NEC has been contracted by Facebook to build an ultra-high performance transatlantic subsea fibre-optic cable connecting the US with Europe. NEC will be using its newly developed 24 fibre pair cable and repeaters for the subsea connection, giving the cable the ability to deliver up to a half Petabit per second. International data usage […]