Pelosi, during her weekly press briefing, said that Facebook has been very abusive of the great opportunity that technology has given them. According to Pelosi, Facebook intends to be accomplices for misleading the American people "with money from God knows where".
The legendary actor decided to delete his Facebook accounton Sunday.
Twitter and Facebook’s rivalry just became a lot more intense.
The US president did not specify when he had the discussion with the Facebook CEO.
Since last fall, Facebook has insisted that it won't fact-check political ads, a move that critics say gives politicians license to lie in ads that can't be easily monitored by outsiders. CEO Mark Zuckerberg has repeatedly argued that "political speech is important" and that Facebook doesn't want to interfere with it.
The social network said late Monday that it's beefing up its policies to remove videos edited or synthesized in ways that aren't apparent to the average person, and which could dupe someone into thinking the video's subject said something he or she didn't actually say.
Fourteen San Francisco-area companies that began trading publicly last year have raised more than $15 billion, led by Uber Inc.’s $8.1 billion and Lyft Inc.’s $2.3 billion. Expand that to include the 16 other Bay Area firms that have gone public and the amount jumps to more than $20 billion.
"They're certainly not exactly about truth in advertising. Even they have said that. That's why we're really in squarely a crisis of trust, when the core vendor themselves cannot say that trust is our most important value," said Benioff. "I expect a fundamental reconceptualisation of what Facebook's role is in the world," Benioff added.
Senator Josh Hawley (Missouri Republican) tweeted that he met Zuckerberg during his visit to Washington, DC on Thursday, and asked him to sell Instagram and WhatsApp.
AI-enabled technologies are changing the one-size-fits-all model of classrooms. The world’s top technology billionaires are betting their philanthropic dollars on personalised learning. Smart education and learning market is in high demand globally and is forecasted to reach $423 billion by 2025, according to Grand View Research.
The letter – ‘TechAgainstFascism’ on online publishing platform Medium – comes at a time when hundreds of thousands of Indians across the country and overseas have protested against what they fear are policies that could render many Muslims stateless. Thousands have been detained by the police for protests across India.
From e-commerce to fashion and entertainment, here's looking at the deals that changed the face of business in this decade.
Emergence of atypical fortunes underscores how much money the uber-rich accumulated in 2019.
Will Zuckerberg respond to Dorsey’s jibe?
Clinton argued in favour of creating "a whole new agenda of legislation and regulation" to govern how companies such as Facebook and Google exploit the data of its users.
According to Forbes' 'The Real-Time Billionaires List', Ambani's 'real-time net worth' stood at $60.8 billion on Thursday.
Memorably, in 2019 Mark Zuckerberg defended Facebook Inc.’s plan to overhaul the world banking system in front of Congress. Our experts think there’s plenty more government scrutiny ahead for financial technology players.
On a year-to-date basis, Mukesh Ambani's wealth increased by $13.70 billion to $58 billion.
The cryptocurrency’s recent jump marks the return of a speculative dream.
WhatsApp remains unprofitable five years after it was acquired by Facebook for $19 billion.
Facebook shares rose 0.7 percent on Wednesday. Shares in Snap Inc, which owns messaging app Snapchat, ended down more than 2 percent.
Marc Benioff said that the tech giant is making kids addictive.
Facebook says it has ploughed resources and staff into safeguarding the May 26 EU vote.
A TikTok stake sale would likely push back any initial public offering for ByteDance. The company has considered an IPO in the US or Hong Kong as soon as next year, but still needs to beef up its international operations and hire a chief financial officer
He argued that breaking up Facebook might mean fewer resources to curb harmful online content.
Pichai will assume the CEO role at parent firm Alphabet in a shakeup at the top of the Silicon Valley titan.
It seems like Acton is still standing by his last year’s war cry, ‘#DeleteFacebook’.
The ultimate blow came on Friday with the massacre of 50 people in New Zealand, live streamed on Facebook.
Bezos hopes that his company’s launch systems will serve as a crucial first step toward making that vision of the future a reality.
Managers at Google are considering changing policies on political advertising in the midst of a raging public debate on the topic, according to a person familiar with the company's plans.
The 'sleep box' emits a very faint light between 6 a.m. and 7 a.m.
Currently, there are more than 20 startups in India valued at over $1 billion .
Centre reaching out to RBI, NPCI to discuss safety features, delaying WhatsApp payment feature launch.
People at Facebook continue to try to share video of a horrific mosque attacks in Christchurch, New Zealand, with social network systems blocking 95 per cent of those attempts, according to executives.
The app amassed an estimated 177 million first-time users across the Apple App Store and Google Play for the third quarter ended September. That represents a 4% decline from a year ago.
Facebook has tied up with 200 media outlets to launch a dedicated news tab on its platform that will highlight the most important national stories of the day in the US.
"That's not the plan," Zuckerberg told CNN Business when asked if he would consider stepping down as chairman.
Last year Mark Zuckerberg said he would fix many of Facebook's issues such as the use of the platform for hate speech, spreading misinformation and political meddling.
The significant media handshake from Facebook has come after years of shaky relationship between the two..
Capping a tumultuous year marked by data protection scandals and government probes, Mark Zuckerberg said he was "proud of the progress we've made" in addressing Facebook's problems.
Through knockoffs, potential acquisitions and not-so-subtle references to Chinese censorship, TikTok’s competitors (US internet companies) have been trying to protect their home turf from the service’s advancement. They haven’t had much luck so far.
Indian digital payments took off when the govt pushed demonetization in 2016, invalidating most of the country’s high-value currency notes in to curb corruption and push Indians away from cash. UPI has now surpassed a 100 million users 3.5 years after its launch, thanks to booming smartphone use and wireless data rates among the lowest in the world.
Advertisers sued the social networking platform for overstating video-viewing metrics over an 18-month period from 2015-16, which led the advertisers paying extra for video ads based on the inflated data.
Once celebrated, charismatic founders are hurting the brands they built. What can Indian founders learn from the meteoric rise and fall of their Western counterparts?
The social networking company said about 2.2 billion people used at least one of its apps on a daily basis in September, and around 2.8 billion were active on a monthly basis. The company, which is one of the largest ad platforms globally, saw its ad revenue in the September quarter rise 28 per cent YoY to $17.38 billion.
TikTok ran afoul of regulators in 2019, but for different reasons than Facebook originally feared. The U.S. government has launched an investigation into whether ByteDance’s acquisition of Musical.ly two years ago to merge it with TikTok posed a national security risk.
Facing ire from the government, stakeholders, and civil society, Facebook had to rollback its ambitious Free Basics in India.
The top boss said it would be a mistake 'to overly emphasise the negative' impacts of social media.
The clause has alarmed some of the influencers and creators.
In an interview with Nayantara Rai from ET Now, John Chambers, Chairman Emeritus Cisco says, India can be the next Silicon Valley and will produce the next Steve Jobs and Mark Zuckerberg.India will produce next Steve Jobs and Mark Zuckerberg: John Chambers
India is Facebook’s biggest user base with over 200 million users. Zuckerberg said the company has a“big focus” on security ahead of the 2019 elections in India.
Cyber enthusiasts from India routinely expose loopholes in corporate websites and software, earning small financial rewards.
Chief executive Mark Zuckerberg has made it clear that Facebook will run all political ads — even if they contain lies — in the interest of free speech. But the social network is discussing some ad changes, like restricting how precisely campaigns can reach specific groups.
Twitter Chief Executive Jack Dorsey tweeted that political advertising on Twitter is an effective way to influence followers, yet poses significant risks of misinformation that could mislead on a massive level. On the other hand, Facebook CEO Mark Zuckerberg supports free campaigning through online platforms, letting the netizens decide for themselves.
Discussions around an eventual IPO come at a time when ByteDance needs new engines of growth with TikTok on the wane as global downloads of the video app fell for the first time in the September quarter.
This, senior Indian government officials said, validates India’s position on traceability in Facebook-owned WhatsApp, something it has been articulating since over a year, following several deaths due to mob lynching.
His fortune tumbled as shares of Facebook slid 20% in post-market trading on disappointing results.
The board will begin its operations by hearing Facebook-initiated cases.
UK's Indian-origin home secretary Priti Patel stressed that while strong encryption was important for privacy, there was a need to balance data security with law enforcement requirements.
The company’s flagship social network has almost reached saturation point in terms of its growth.
Facebook is struggling to cope with the worst privacy crisis in its history : allegations that a Trump-affiliated data mining firm may have used ill-gotten user data to try to influence elections.
Zuckerberg also apologised to users for allowing political-advertising firm Cambridge Analytica to gain access to the personal data of 50 million Facebook members without their knowledge.
Zuckerberg, also trails Amazon.com Inc. founder Jeff Bezos, the world’s richest person.
"Deepfake" techniques, which present realistic AI-generated videos of real people doing and saying fictional things, have significant implications for determining the legitimacy of information presented online.
Zuckerberg was subjected to 40 minutes of eyewatering monologues from EU lawmakers, who surrounded him like they were taking part in a ritual flagellation.
Dorsey, while testifying before the US Senate Intelligence Committee said that Twitter feel prey to abuse & propaganda.
And we've set a new standard for transparency in the advertising industry -- so advertisers are accountable for the ads they run," he said.
In the hearings, Zuckerberg not only tried to restore public trust in his company but also to stave off federal regulations that some lawmakers have floated.
"There will always be a version of Facebook that is free," Zuckerberg told the hearing, amid questions about the company's business model of not charging users.
In preparation for Zuckerberg’s testimony, his first such appearance, Facebook has spent the last couple of weeks trying to transform its public image.
Apple Inc. CEO Tim Cook, Tesla Inc.’s Elon Musk and Salesforce.com Inc.’s Marc Benioff have openly criticized Zuckerberg. Other tech leaders have remained quiet.
The stakes are high: CEOs testifying in Washington have lost jobs, faced perjury investigations and otherwise endured public humiliation.
Zuckerberg has embarked on a rare media mini-blitz in an attempt to take some of the public and political pressure off the social network.
Facebook has been in the eye of the storm over harvesting of data of millions of users by Cambridge Analytica.
Privacy issues have always been incredibly important to people. One of our biggest responsibilities is to protect data.
Facebook already has a tool to do this in privacy settings and now it would put this tool at the top of the News Feed to make sure everyone sees it.
Hughes has argued in favour of breaking up Facebook from Instagram and WhatsApp.
Many employees have been discussing Zuckerberg’s decision to let politicians post anything they want in Facebook ads because those ads can spread misinformation widely. FB has been struggling to respond to misinformation since the 2016 election.
Zuckerberg, who trails only Jeff Bezos and Bill Gates, eclipsed Warren Buffett as FB's shares climbed 2.4 %.
The post was a reflection of the 14 years since the co-founder launched the social media platform as a Harvard student.
Facebook played down the idea that this was a response to external demands. But stockholders took comfort in the fact that it was a sign that the firm is, on some level, listening.
The social media platform had initially declined to share copies of the ads, saying it would compromise user privacy.
The new titles will appear in the title for both apps in Apple's App Store and Google Play Store.
Zuckerberg wants to do away with social media abuse and hate and fake news.
I’ve been involved with, and fascinated by cryptocurrencies since 2012, said Zuckerberg.
He captioned the snap, "Baby cuddles are the best."
Facebook Inc.’s idea of a global cryptocurrency may get demoted to something more humble.
Facebook CEO Mark Zuckerberg testified before EU lawmakers on Tuesday and said the company had not done enough to prevent misuse of the social network. Facebook has been embroiled in a data scandal after it emerged that the personal data of 87 million users were improperly accessed by a political consultancy. Watch the video.Watch: Mark Zuckerberg testifies before EU Parliament on Facebook's Cambridge Analytica scandal
The Facebook CEO Mark Zuckerberg faced tough questions from European Union lawmakers in EU Parliament. Zuckerberg today informed EU Parliament some key changes that facebook have made after the data scandal came out in open. Asked whether Facebook is ready to respect the rules, Zuckerberg said, "We do expect to be fully compliant on Friday." Watch the Video.Mark Zuckerberg faces EU Parliament grilling, announces key changes in Facebook and compliance of GDPR
A universal basic income financed by helicopter money may perversely increase uncertainty.
For the first time, Modi and Trump would share the stage to address the 50,000-strong Indian diaspora during the September 22 event.
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