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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 […]

Senate Commerce Committee To Subpoena Google (GOOGL), Facebook (FB) And of Twitter (TWTR) CEOs On October 1

According to the spokesperson of the Senate Commerce Committee, the executives of Twitter (NYSE:TWTR), Facebook (NASDAQ:FB), and Google (NASDAQ:GOOGL) could be subpoenaed following their failure to testify on the legal shield protecting social media platforms from lawsuits. Executives of social media tech giants to appear before the Senate Commerce committee So far, the committee has […]

Facebook, Inc. (NASDAQ:FB) Adds College Campus For Students: Only Students In The Same School or College Can Interact

Facebook, Inc. (NASDAQ:FB) unveiled Campus, a new product targeted at students. The company specially designed Campus allowing interaction between the students of the same college or school. How students will benefit from Campus? Students in the campus can interact with fellow students, and access new feeds specific to that campus. They can also enroll in […]

PayPal Holdings Inc (NASDAQ:PYPL) Suspends Accounts Linked To Make Payments For Freelancers For Writing Content For Peace Data, A Russian Operation

PayPal Holdings Inc (NASDAQ:PYPL) terminated at least 4 accounts associated with a Russian influence operation. According to data obtained by the Business Insider, the freelancers are duped into writing the content for Peace Data, a progressive website linked to the Russian operation. The freelancers, who worked for Peace Data, received $100 per each article from […]

Intel Corp (NASDAQ:INTC) Acquires $253.5 Million Interest in Reliance Jio Platforms

Intel Corp (NASDAQ:INTC) plans to invest $253.5 million in Indian company Reliance Jio Platforms. The company joins high profile companies such as Silver Lake, General Atlantic, and Facebook Inc. (NASDAQ:FB) investing in the telecom operator. Intel acquires 0.39% stake in Jio platforms The chipmaker is acquiring a stake of 0.39% in the Indian company taking […]

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 […]

Facebook (NASDAQ:FB) Says It Will Go On With Enabling Encryption In Messaging Services

Facebook (NASDAQ:FB) and Attorney General William Barr have differed regarding encrypted messaging. The disagreement on whether encrypted messaging products are subject to law enforcement escalated the standoff over-policing and privacy. Facebook to go on with encryption of its messaging services According to Stan Chudnovsky and Will Cathcart indicated that law enforcement will undermine the encryption […]

Neither Facebook, Inc. (NASDAQ:FB) Nor Twitter Inc (NYSE:TWTR) Is Getting It Right When It Comes To Political Ads

Earlier this week, Twitter Inc (NYSE:TWTR) announced its intent to ban politics-related ads while Facebook, Inc. (NASDAQ:FB) still harbors these ads even if they are associated with false information. But it appears neither of the companies it getting it right. According to half a dozen political advertising researchers, the solutions to fair digital political advertising […]

Facebook, Inc. Common Stock (NASDAQ:FB) Agrees to Pay Fine To UK Regulator for its Role in Cambridge Analytica Scandal

Facebook, Inc. Common Stock (NASDAQ:FB) announced recently that it has finally resolved to pay a fine of about $643,000 to the U.K.’s data protection watchdog for its alleged involvement in the Cambridge Analytica scandal. The U.K. Information Commission Office (ICO) issued the fine to the social media company in October 2018 after it was reported […]

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 […]

The Entry Of Apple Inc. (NASDAQ:AAPL) And Facebook, Inc. (NASDAQ:FB) Into Finance Forces Big Banks To Seek The Help Of Young Rivals

With the entry of tech giants – Apple Inc. (NASDAQ:AAPL), and Facebook, Inc. (NASDAQ:FB) into the finance industry, the big banks are teaming up with younger rivals to stay afloat. To move in tandem with the changing times, several big banks are either buying start-up competitors outright or teaming up with them. It helps them […]