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 […]
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 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 […]
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 […]
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 […]
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 […]
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’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 […]
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 […]
Facebook launched on Friday its cloud gaming service on Apple devices through a web app, that allows users to play games through a mobile device or web browser without having to download them. The step follows a series of back-and-forth trials with Apple that previously rejected Facebook’s standalone iOS app version of its gaming service. […]