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Libra Association Launched By Facebook, Inc. (NASDAQ:FB) Elects A Five Member Board Of Directors On Its First Meeting

Despite the exit of prominent payment processors, Libra Association launched by Facebook, Inc. (NASDAQ:FB) conducted its first meeting on Monday in Geneva. It has the support of 21 members that include Venture Capital Firms, Vodafone, Spotify, Lyft, and Uber. Facebook moves ahead with creating Libra Shrugging off the criticism from US politicians and regulators and […]

Facebook, Inc. (NASDAQ:FB) CEO`s Comments Casts A Dark Shadow On Its Apps: Zuckerberg Underestimates Tik Tok

In leaked audio from an internal meeting held with employees in July 2019, Mark Zuckerberg, Chief Executive Officer of Facebook, Inc. (NASDAQ:FB), said it is just like an explore Tab on Instagram when describing the Tik Tok. He possibly misunderstood the impact of Tik Tok, and his talk casts a dark shadow on the future […]

Facebook, Inc. (NASDAQ:FB) Suspends 64,000 Apps From 400 Developers On Inappropriate Sharing Of Data

Facebook, Inc. (NASDAQ:FB) announced the suspension of several apps from 400 developers over a year on privacy concerns. According to the blog post released on Friday, Facebook said it banned the apps that indulge inappropriate sharing of data of users without their consent. It is a clear violation of the Facebook policies, and as a […]

Facebook Inc. (NASDAQ:FB) To Pay $3 Million For News Headlines On New News Tab

For years, Facebook Inc. (NASDAQ:FB) has refuted claims that it is expanding its footprint into the media business.  Going by things on the ground, things could be different. The giant networking company is in the process of launching a new news tab that will focusing purely on trustworthy news only. The new news tab will […]

Facebook Inc. (NASDAQ:FB) Introduces Facial Recognition Feature That Scans Photo Uploads

Facebook Inc. (NASDAQ:FB) has announced that it will be launching a facial recognition setting for users. For new users, the feature will be off by default. Current users without the setting will receive a notification on whether they wish to turn it on. Facial Recognition to replace tag suggestions The Face Recognition setting has been […]

Facebook, Inc (NASDAQ:FB) Starts RollOut Of Its Clear History Tool In Three Countries

The developer conference that Facebook, Inc (NASDAQ:FB) held last year witnessed CEO, Mark Zuckerberg, make an important announcement. According to the executive, the social media leader would provide users with the opportunity to clear their history at will. The users of the platform had to wait for months before this rollout. Facebook will start its […]

Facebook, Inc (NASDAQ:FB) Selected Human Contractors To Review Its Messenger App Audio

Facebook, Inc (NASDAQ:FB) has admitted that it used human contractors played a part in its review of the user recordings. However, it disclosed that it had stopped employing human contractors for the review process. This has been ongoing for quite some time without the knowledge of the platform users. These human contractors would review and […]

Facebook Inc. (NASDAQ:FB) Ordered Pay A $5 Billion Privacy Settlement

Facebook Inc. (NASDAQ:FB) will be required to pay a record $5 billion according to a privacy settlement  approved by the US Federal trade commission to resolve the investigation on the data scandal involving Cambridge Analytica. Facebook $5 billion penalty largest in history of FTC The social media giant has been under investigation on how it […]

Facebook, Inc. (NASDAQ:FB) To Face Competition Probe

The Federal Trade Commission reported that it is exercising its right to perform a competition probe on the social media juggernaut Facebook, Inc. (NASDAQ:FB). This update was taken negatively by the market, dragging down the company’s stock deep in the red. Social media firms have been facing an increasing backlash and mark another measure by the […]

Media Giants Partnered With Giants Like Facebook Inc (NASDAQ:FB) Are Not Achieving The Results That Was Promised

It is well-known that large media corporations have partnered up with social-media giants such as Facebook Inc. (NADAQ:FB), and Snapchat is not achieving the lucrative results, which seemed promising upon the initial partnership agreement. These partnerships between news entities and social media giants are namely performed due to the concern of loss-of-revenue. This is because […]

Facebook Inc (NASDAQ:FB) to Face Group Lawsuits Over IPO

Facebook Inc (NASDAQ:FB) will have to face group lawsuits over IPO alleging that the social networking company purposely inflated the price of its shares before their flotation in the market in 2012. The company has action lawsuits filed by two shareholders individually which was clubbed into one group when the federal judge told them to […]

Egypt Shuts Down Facebook Inc (NASDAQ:FB)’s Free Internet Service

Associated Press report say that Egypt has decided to shut down the free internet service of Facebook Inc (NASDAQ:FB), thereby becoming the second country to do so after India. Free Basics from Face book’s Internet.org has been launched to make internet access available in the developing nations. The open system also offers free access to […]

Facebook Inc (NASDAQ:FB) Is Introducing New Features Aimed At Better User Experience

Facebook Inc (NASDAQ:FB) has rolled out a new feature that lets users to look at multiple feeds instead of just a single news feed. The feeds would categorize content from people as well as pages into various topics such as “travel” or “style”. Jason Stein, CEO and founder of social media company, Laundry Service was […]

Facebook Inc (NASDAQ:FB) Test Adds News Feeds Covering Different Topics In Mobile App

With its newest change in the way news feed works, Facebook Inc (NASDAQ:FB) is trying to offer more personalized experience to users than ever before. Users can add topics like travel, sports, headlines, etc. through a navigation bar in their iOS apps. Insights of The Matter The increasing competition in the social media space has […]

GoPro Inc (NASDAQ:GPRO) Partners With Facebook Inc (NASDAQ:FB) To Bring 360-Degree Spherical Content To News Feed

GoPro Inc (NASDAQ:GPRO) recently announced that it became the exclusive content partner of Facebook Inc (NASDAQ:FB) for delivering a 360-degree view of the videos for the social site’s news feed. GoPro shall be offering the spherical content to the social media, through which its users shall be able to view exclusive videos in a 360 […]

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