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Facebook Inc. (NASDAQ:FB) Considering An Antitrust Lawsuit Against Apple Inc. (NASDAQ:AAPL) Over App Tracking Transparency

Apple Inc. (NASDAQ:AAPL) will launch a new privacy feature when the company unveils the next iOS 14 version and that has generated some anger from social media giant Facebook Inc. (NASDAQ:FB). App Tracking Transparency to stop user activity tracking The iPhone maker’s App Tracking Transparency feature has become a flashpoint between the tech giants. The […]

Facebook Inc. (NASDAQ:FB) And Google (NASDAQ:GOOGL) Accused Of Signing An Agreement To Reduced Competition for Ads

According to an antitrust lawsuit against Facebook Inc. (NASDAQ:FB) and Google (NASDAQ:GOOGL), the companies might have cut a deal to reduce ad competition. In 2018 Google gave Facebook the “Jedi Blue,” contract giving it favors in ad header bidding. This meant that sites could seek ad space bids from several exchanges with support from the […]

Facebook Inc. (NASDAQ:FB) Faces Lawsuit From FTC And 40 States For Violating Antitrust Laws

Over 40 US states led by the state of New York are probing Facebook Inc. (NASDAQ:FB) for potential antitrust violations with plans to file a suit against the company as early as next week. The lawsuit is a second major suit filed against a tech giant following the Justice department’s lawsuit against Alphabet Inc.’s (NASDAQ:GOOGL) […]

Digital Adverting To Grow 20% In 2021 Led By Google (NASDAQ:GOOGL) And Facebook Inc. (NASDAQ:FB)

According to Morgan Stanley analysts, online advertising will grow by 20% in 2021 with Google (NASDAQ:GOOGL), Facebook Inc. (NASDAQ:FB) and Pinterest Inc. (NYSE:PINS) leading the pack. Online ad spending recovery linked to e-commerce growth During the pandemic, online advertising was one of the affected industries, and in 1H 2020, there was a significant drop in […]

Facebook Inc. (NASDAQ:FB) Introduces Vanish Mode Feature On Instagram And Messenger

Facebook Inc. (NASDAQ:FB) has unveiled its Vanish Mode feature which is more of Snapchat’s feature of disappearing messages. The social media giant is introducing the feature in Instagram and Messenger for more casual chats which allow users to set chats to delete automatically after a user has seen it. Facebook unveils Vanish Mode feature With […]

Amazon and Walmart Faces Competition In Indian Grocery Services Market After The Launch Of JioMart

Amazon.com Inc. (NASDAQ:AMZN) and Walmart (NYSE:WMT) Flipkart are facing competition in the online grocery services market in India following the launch of Reliance’s JioMart. JioMart to deliver groceries in 200 towns The online grocery market in Indian is huge, and JioMart is expected to deliver crossers in over 200 towns nationwide. The Indian conglomerate’s grocery […]

Facebook Inc. (NASDAQ:FB) To Acquire Giphy For $400 million And Plans Integration With Instagram

On Friday, Facebook Inc. (NASDAQ:FB) announced that it will acquire animated GIFs Company Giphy in a deal estimated to be around $400 million. The company is planning to integrate the extensive GIF library to its Instagram app. Facebook to integrate Giphy into Instagram Giphy is expected to continue operating its GIF library. In a statement, […]

Zoom (NASDAQ:ZM) Takes Steps To Address Security Flaws On The Platform Through Acquisition Of Keybase

Video conferencing platform Zoom Video Communications Inc. (NASDAQ:ZM) has been enhancing its security following a wave of criticism regarding its security protocols. The company has announced the acquisition of New York startup Keybase as it looks to enhance encryption protocols that it had led users and investors to believe that it supported. Keybase to help […]

Australia Makes It Mandatory For Facebook Inc. (NASDAQ:FB) And Google (NASDAQ:GOOGL) To Share Ad Revenue

Facebook Inc. (NASDAQ:FB) and Google (NASDAQ:GOOGL) will be compelled to compensate Australian media outlets for their news content after the country’s treasurer ordered the creation of a code of conduct. The decision could be timely as media outlets have been hit with declining ad revenues because of coronavirus and have been forced to downsize and […]

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 […]