Facebook will extend a ban on US President Donald Trump's accounts for at least the next two weeks until the presidential transition is completed, Mark Zuckerberg says.
Given Zuckerberg’s tendency to issue half-hearted apologies before going back to breaking things, it’s not surprising that he’s gearing up for a second attempt to launch Libra next year.
Facebook CEO Mark Zuckerberg says decisions made in India shape global discussions on technology’s progress
Zuckerberg’s WhatsApp follies: Tight integration with Facebook is a way of selling your data to advertisers and others
In India, and in much of the global South, WhatsApp has become the most important form of not only general communication but also political communication. For Facebook, that’s an immense direct subsidy to political parties and governments. Facebook tightly integrates between Facebook, Instagram and WhatsApp because targeted commercial communications are its primary business.
WhatsApp Pay was possible because of India's UPI system, a first in the world: Mark Zuckerberg in conversation with Mukesh Ambani
We launched WhatsApp Pay in India last month. This was possible because of UPI system and 140 banks which made it easy. India is the first country to do anything like this: Mark Zuckerberg, Facebook CEO during 'Partnering for Digital India' with RIL Chairman & MD Mukesh Ambani.WhatsApp Pay was possible because of India's UPI system, a first in the world: Mark Zuckerberg in conversation with Mukesh Ambani
FB-Jio will help digital platforms value creation in India: Mukesh Ambani in conversation with Mark Zuckerberg
At the first edition of the Facebook Fuel For India 2020 summit, Mukesh Ambani, Chairman & MD of RIL and Mark Zuckerberg, CEO and founder of Facebook, had a conversation as only leaders can have. During the conversation Ambani said that Facebook has become the face of a digitally connected India and he called Zuckerberg the true architect of the digital connectivity for the world.FB-Jio will help digital platforms value creation in India: Mukesh Ambani in conversation with Mark Zuckerberg
As the Mark Zuckerberg-run Facebook moves to monetise WhatsApp through commerce and payments, Global Head Will Cathcart says India remains at the centre of the focus.
Mark Zuckerberg expressed his concern while describing safeguards against misinformation and voter suppression at the leading social network that are intended to avoid the kinds of deception and abuse that played out four years ago.
Brian Acton, co-founder of WhatsApp, left Facebook in 2017 and in 2018 co-founded Signal which is now being considered the gold standard of data privacy and has seen an unprecedented spike in downloads from Android and Apple users across the world. Following FB’s controversial use of user data, Acton said not just the nerds, mom, dad, everyone is talking about data now.
They will probably face many questions about how their social networks handled vote-related posts, videos and photos. Both companies increased their labeling of election misinformation, including posts by President Trump, while false and misleading content surged.
Twitter’s decision to permanently suspend Trump’s account on Friday, after a decision a day earlier by Facebook to ban the president at least through the end of his term, was a watershed moment in the history of social media.
From the launch of Reels on Instagram, to Watch on Facebook and Payments on WhatsApp, India is playing a crucial role in the way products are being designed for the future, the company said.
Twitter’s decision to permanently suspend Trump’s account on Friday “due to the risk of further incitement of violence,” after a decision a day earlier by Facebook to ban the president at least through the end of his term, was a watershed moment in the history of social media.
Signal App is considered the gold standard for privacy by journalists and whistleblowers. WhatsApp, meanwhile, wants to share significantly more user data with Facebook.
Downloads spike after Tesla CEO Musk asks users to join app in a tweet.
In new year, Facebook junks ‘Like’ button; redesigns public pages with Q&A format for greater engagement
The social media giant announced some changes aimed at enhancing user engagement.
Technology giant Alphabet and Google's CEO Sundar Pichai on Thursday condemned the events at the US Capitol as an "antithesis of democracy" in a note to employees.
US competition watchdog Federal Trade Commission wants Facebook to divest the two businesses -- an idea that poses an existential threat to the empire built by Chief Executive Officer Mark Zuckerberg.
He further said that the payments will be available in 10 Indian regional language versions of WhatsApp. "All you need is a debit card with a bank that supports UPI and you can set it up straight away. You can find it in the latest version of WhatsApp," he said.
And this is the crux of the case being levelled by the US Federal Trade Commission (FTC), and 46 US states, against Facebook. By contrast, only 11 states are implacably opposed to Google. The certainty of their belief that Facebook has indulged in anti-competitive behaviour is only matched by the level of difficulty associated with indicting it within a framework of outdated anti-trust laws.
On Wednesday, Facebook went on the offensive to forestall Apple’s changes.
Facebook founder Mark Zuckerberg first tech giant head to acknowledge Joe Biden as next US president
Zuckerberg told his employees that the outcome of the November 3 election is now clear and Biden was to take over as the new president of the country, Buzzfeed, which obtained an audio of the meeting, reported on Thursday.
Zuckerberg acknowledged criticism of Facebook by President-elect Joe Biden but said the company shared some of the Biden team's same concerns about social media. He urged employees not to jump to conclusions about how the new administration might approach regulation of social media companies.
RIL chairman says empowering small businesses and consumers will drive India to a $5-trillion economy, with more equal wealth growth at the bottom of the pyramid.
Opening up on the potential of a technology-enabled ecosystem in propelling the economic growth of a highly diversified nation Ambani said he sees the country accelerating as a premier digital society.
At a fireside chat with Facebook head Mark Zuckerberg, he said India's middle-class, which is about 50 per cent of the nation's total number of households, will grow three to four per cent per year.
Google and other Silicon Valley firms shifted to remote work early in the pandemic, relying on the internet tools they create to get jobs done.
Facebook is hosting 'Fuel for India 2020', which will see its chief Mark Zuckerberg and Reliance Industries Chairman and Managing Director Mukesh Ambani engage in a conversation around opportunities in India, the way digital can accelerate economic progress, and how small businesses will be a key part of the global recovery going forward.
Antitrust laws are complex and were put in place before the advent of modern technology. The FTC and state attorneys general now face an uphill battle to prove their allegations.
WhatsApp’s payments service has been in beta mode for over two years and the approval came after months of regulatory hurdles and legal battles.
TIME said “these heroes” won with 6.5 per cent of the more than 8 million votes cast in this year's poll, that had asked readers to select the person or group of people who had the greatest influence on 2020.
Software developers and startup founders say the world’s biggest social media company is now using that same playbook to undermine competition in the virtual-reality market.
Tough times ahead for Tesla? In leaked memo, Musk asks staff to pinch pennies, cut costs to stay afloat
Vehicle affordability is an issue the CEO has become increasingly concerned about.
In the letter, shared by the Pakistani government on Twitter, Imran Khan said that "growing Islamophobia" is encouraging extremism and violence across the world -- especially through social media platforms such as Facebook.
Pakistan Prime Minister Imran Khan has once again drawn an inexplicable parallel between Islamophobia and the Holocaust. In a bizarre letter to Facebook CEO Mark Zuckerberg, Khan has sought a ban on Islamophobic content similar to the prohibition put for the Holocaust on the social networking site.Pakistan PM Imran Khan writes to Mark Zuckerberg, seeks ban on Islamophobic content on Facebook
The staggering numbers have put Big Tech under increased scrutiny, with Zuckerberg, Bezos, Apple Inc. Chief Executive Officer Tim Cook and Alphabet Inc. head Sundar Pichai testifying before Congress last month to defend allegations that their power and influence are out of control.
The Obama-Biden administration was a charmed era for America's tech companies - a moment when they were lionized as innovators, hailed as job creators and largely left alone. Now Joe Biden is coming back, this time as president.
Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Bill Gates to become the world's second richest person, according to the Bloomberg list of billionaires.
The parliamentary Standing Committee on Information Technology, led by Congress leader Shashi Tharoor has summoned Facebook representatives at a sitting of the panel on September 2to hear its views on safeguarding citizens’ rights and misuse of social/online news media platforms.
The Facebook CEO apparently argued that Washington should be more concerned about the Chinese Internet companies than reining in Facebook. Similar arguments were also made during his meeting with several senators following which the concerns were shared with other authorities and the government eventually started a national security review of the company.
Facebook should guarantee better conditions or allow the workers to continue their jobs from home, content moderators said in the open letter
Twitter and Facebook have both slapped a misinformation label on some content from Trump, most notably his assertions linking voting by mail to fraud.
Biden, now President-elect, has also said he favors repealing Section 230. Congressional Democrats, however, prefer a more deliberate approach to reforming the law.
Musk, 49, is poised to become the world’s third-richest person, leapfrogging Mark Zuckerberg, after his net worth swelled by more than $15 billion in extended trading.
The billionaires of the world amassed fortunes in excess of $10 trillion this year.
In his virtual deposition, the former Facebook employee claimed that the executive team of the social media giant, including its CEO Mark Zuckerberg, is "generally aware of such gross inaction and misappropriation" of the community standards and other policies of the company, the statement said.
According to a report by ET, on November 5, the National Payments Corporation of India (NPCI) gave approval to WhatsApp to go live on the United Payments Interface (UPI) in a graded manner. WhatsApp can start with a maximum registered base of 20 million in UPI, NPCI said. "Now you can send money to your friends and family through WhatsApp as easily as sending a message. There’s no fee, and it’s supported by more than 140 banks. And because it’s WhatsApp, it’s secure and private too," Facebook CEO Mark Zuckerberg said in a video.
After facing regulatory hurdles and courtroom battles for months, WhatsApp has received the approval in India to go live with a payment feature on its messaging platform using the Unified Payments Interface.The National Payment Corp of India’s clearance for WhatsApp Pay limits the number of users who can use the feature on the platform to 20 million in the first phase. Facebook-owned WhatsApp has about 400 million users in India.WhatsApp gets NPCI green signal to launch UPI payment
The House Judiciary Committee's antitrust panel appeared to draw on a rich trove of Facebook company emails, releasing numerous screenshots of correspondence from Zuckerberg and other Facebook executives. Using the exchanges, lawmakers got Zuckerberg to acknowledge that he saw photo-sharing app Instagram and messaging app WhatsApp as competitors when Facebook acquired them.
Facebook's Chief Executive Officer Mark Zuckerberg referred to one of the changes during a Senate hearing on Wednesday, saying: "We have taken the steps to stop recommendations in groups for all political content or social issue groups as a precaution."
Gun sales across America have rocketed this year following Covid-19 related shortages and shutdowns, racial unrest, and political tensions. An estimated 5 million people are reported to have purchased firearms for the first time in the US, according to industry estimated and national survey of retailers.
Noting that next week will certainly be a "test" for Facebook, Zuckerberg said the company will continue "fighting to protect the integrity of the democratic process".
Tech hearing: Facebook, Google, Twitter CEOs testify before US Senate Committee on content moderation practices
A Congressional grilling of Twitter, Facebook and Google CEOs is quickly evolving into pre-election political circus around the social media content moderation dumpster fire and allegations that Big Tech companies show anti-conservative bias. The US elections are barely a week away and Big Tech's outsize influence is under intense scrutiny. The Senate Commerce Committee summoned Twitter CEO Jack Dorsey, Facebook's Mark Zuckerberg and Google's Sundar Pichai to testify. The CEOs agreed to appear remotely after being threatened with subpoenas.Tech hearing: Facebook, Google, Twitter CEOs testify before US Senate Committee on content moderation practices
The Congress welcomed the exit of Facebook India’s public policy head Ankhi Das but expressed disappointment that her successor, Shivnath Thukral, "is also known for his past association with the BJP" and said it will closely monitor Thukral’s conduct.
The Senate Commerce Committee has summoned Twitter CEO Jack Dorsey, Facebook's Mark Zuckerberg and Google's Sundar Pichai to testify for a hearing Wednesday. The executives have agreed to appear remotely after being threatened with subpoenas.
The announcement, which came in the form of a letter to employees, appeared aimed at quelling anger inside the company that was so severe it prompted some to quit. The outrage was sparked when Zuckerberg said Facebook would not remove or flag Trump's recent posts that appeared to encourage violence against those protesting police racism.
"It's really disappointing that we don't have adequate testing, that the credibility of top scientists and the CDC are being questioned," Zuckerberg said in an interview with Anthony Fauci, the country's top infectious disease expert. "I strongly agree that we need something of a reset here."
While Facebook does apply labels to misleading posts, it exempts from review posts by politicians, a decision that some lawmakers and presumptive Democratic presidential candidate Joe Biden say helps lies to flourish online. Unlike Twitter, Facebook outsources its fact checking to media partners and says it takes no stance itself.
The joint committee led by BJP MP Meenakshi Lekhi has 20 members from the Lok Sabha and 10 from the Rajya Sabha. The agenda of Friday's meeting read: "Oral evidence by the representatives of Facebook India Online Services Pvt Ltd on the Personal Data Protection Bill, 2019."
Summoning officials of Amazon and Google on the same issue is also under active consideration of the joint committee of Parliament, the sources said.
The Trinamool Congress has written to Facebook CEO Mark Zuckerberg raising the issue of alleged bias of the social media giant towards the BJP, and claimed that there is enough evidence in public domain to substantiate this charge.
Union minister for information technology and law Ravi Shankar Prasad raised concerns on Tuesday over the deletion of some pages and posts on Facebook before 2019 general elections, accusing some employees of the social media platform in India of bias and inaction. "There was a concerted effort by Facebook India management to not just delete pages or substantially reduce their reach but also offer no recourse or right of appeal to affected people who are supportive of the right-of-centre ideology," Prasad said in a letter to Facebook Chief Executive Mark Zuckerberg.Ravi Shankar Prasad writes to Mark Zuckerberg, accuses Facebook of bias amid row over content
In April 2017, Facebook publicly acknowledged that governments or other malicious non-state actors are using its social network to influence national elections, in line with U.S. government findings of Russian interference.
While other platforms like Twitter and YouTube have also struggled to address misinformation and hateful content, Facebook stands apart for its reach and scale and, compared to many other platforms, its slower response to the challenges identified in 2016.
A strong rally in the shares of RIL has lifted promoter Mukesh Ambani to the fourth spot in the list of world's top billionaires, right behind Zuckerberg.
Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network.
The pair previously donated $300 million to help the US election process deal with challenges related to the Covid-19 pandemic, for example, by funding voting equipment and protective equipment for poll workers.
Shares plunged 8.3% on the news, eliminating $56 billion in market value.
Facebook CEO Mark Zuckerberg raised concerns about TikTok with lawmakers in the US months before the Donald Trump administration started portraying the short video-sharing platform as a threat to national security, The Wall Street Journal reported. In late October last year, Zuckerberg even took the opportunity to make a case against the rising Chinese Internet companies when the US President hosted a private dinner with the Facebook CEO at the White House, the WSJ report said, citing people familiar with the matter.Mark Zuckerberg reportedly warned Trump about rise of TikTok and other Chinese apps in US
The antitrust subcommittee of the Judiciary Committee recommended that Alphabet Inc's Google, Apple Inc , Amazon.com and Facebook - with a combined market value of over $5 trillion - should not both control and compete in related businesses.
Facebook has now become an uncontrollable Frankenstein, a gargantuan monster that is capable of slaying democracies, upending social behaviour, destroying fragile minds and creating a toxic addiction to screen time. The Social Dilemma documentary tries to capture the raging madness that has imperceptibly overwhelmed humanity.
The comments come with Facebook under intense pressure from advertisers.
Mark Zuckerberg had first announced a vision for cross-app messaging early last year.
Mark Zuckerberg’s net worth passed $100 billion for the first time Thursday after Facebook Inc. hit a record high on optimism about the release of its TikTok competitor Reels, reports Bloomberg. The 36-year-old joins fellow tech titans Jeff Bezos and Bill Gates as the only people in the world who currently have centibillionaire status, according to the Bloomberg Billionaires Index. Zuckerberg’s fortune is largely derived from his 13% stake in Facebook.
Social platforms have faced calls to label or remove Trump's comments which warned against fraud in mail-in voting, and which appeared to encourage violence against those protesting the police killing of a black man in Minnesota.
It’s rare for Facebook employees to speak publicly about internal activity unless they have permission from the communications team. The company in the past has punished and discouraged leaking. Now, Facebook has changed that approach.
Under committee rules, if the ranking member doesn’t agree to a subpoena request from the chairman, the chairman can call for a full committee vote on the matter.
Facebook founder Mark Zuckerberg described preventing electoral interference as a "little bit of an arms race" against countries such as Russia, Iran and China.
New update on internal message board: Facebook says no to hostile work environment, will strengthen policies
Mark Zuckerberg discussed the move during a Q&A session with employees.
Leonardo DiCaprio, Katy Perry and Michael B. Jordan have all expressed support for the freeze.
In the letter, dated September 9, the NGOs stated the link between content on Facebook and offline violence in India is 'no secret' but articles from WSJ revealed disturbing details about the problem. The letter stated mass riots in India spurred on by content posted on Facebook have been occurring for at least seven years.
The Congress accused Facebook of interfering in India's democratic process and social harmony and being soft on members of the ruling BJP on applying its hate-speech rules.
It's upto Facebook to respond on its fact checking programme, say FB fact-checkers after IT minister raises concerns
In February last year, ahead of India's general elections, Facebook had expanded its third-party fact-checking programme by adding five new partners — the India Today Group, Vishvas.news, Factly, NewsMobile and Fact Crescendo — to its existing partners like Boom.
The Reliance Jio-Facebook partnership is expected to upend the digital payments sector, crowd out small players and drive consolidation, fintech experts said.
US tech titan Facebook has acquired a 9.99 per cent stake in Mukesh Ambani’s digital operation Reliance Jio, the telecom arm of Reliance Industries Ltd (RIL), for USD 5.7 billion (about Rs 43,574 crore), in a deal that puts the pre-money enterprise value of Jio Platforms at Rs 4.62 lakh crore."Facebook is teaming up with Jio Platforms. We're making a financial investment, and more than that, we're committing to work together on some major projects that will open up commerce opportunities for people across India", says Facebook CEO Mark Zuckerberg.Watch: Facebook CEO Mark Zuckerberg on Reliance Jio deal
India’s richest man, Mukesh Ambani, is bullish on small businesses and on Wednesday, he took it a step further by inking a deal with social media giant Facebook. Ambani, who wants to wield the power of his telecommunication company Jio, does not want to reinvent the wheel. In some cases he prefers to buy a stake in a startup that can play a part in his larger vision, and at other times collaborating with established companies to reach out to small businesses.
New Delhi, Sep 1 () Amid a political slugfest over the Facebook issue, a parliamentary panel will meet on Wednesday to discuss alleged misuse of the social media platform.
Rahul Gandhi claimed that international media have fully exposed Facebook's and WhatsApp's brazen assault on India's democracy and social harmony.
Social media strategists for the Indian National Congress' 2014, and 2019 election campaigns say they didn't personally see any bias, but if there's evidence pointing to internal collusion, it needs to be investigated.
The Congress on Saturday wrote to Facebook CEO Mark Zuckerberg for the second time in a month, asking what steps were being taken on repeated allegations about the global social media giant's India unit being biased towards the ruling BJP.
The page and event listing violated Facebook's policies and should have been removed after numerous complaints were received about the group's violent nature, Zuckerberg said in a video to employees that he posted publicly on his Facebook profile.
Ten practical leadership lessons: Congress offers a crucial management case study- What not to do as a leader
This isn’t a column on how Congress can revive itself. The joke will be on me for having any such hopes, especially after the recent inconsequential Congress Working Committee meeting. However, Congress offers excellent lessons on what not to do as a leader.
The Chan Zuckerberg Initiative (CZI) confirmed it had invested in the Mumbai-based startup, without disclosing details. “Eruditus has a proven track record of increasing access to education globally in partnership with leading universities,” said Vivian Wu, managing partner, Ventures at CZI.
Social media “platforms”, which enable their users to publish their thoughts and emotions directly, have become the largest and most influential media companies on the planet. They now tightly oligopolise the digital advertising market that they have transformed through large-scale privacy invasion.
In today’s internet world, the challenge is real – of balancing free speech with the responsibility of internet platforms to regulate hateful and inciteful content. But to use this power of the platform to attempt to silence or mute the Right is not just wrong, it cannot be permitted.
A Wall Street Journal report published on August 14 claimed that Das, Facebook's public policy director in India, had opposed application of the platform’s hate speech rules to posts by BJP leaders.
The rise vaulted the Tesla co-founder past French luxury tycoon Bernard Arnault, the wealthiest non-American on the Bloomberg Billionaires Index. Musk’s $84.8 billion fortune puts him within $15 billion of Mark Zuckerberg, number three on the ranking of the world’s 500 richest people.
Facebook likely to merge Instagram & Messenger chats, say reports; emojis, swipe-to-reply features may be added
This could be the latest step in Facebook’s efforts to bring individual products and apps closer together.
Tackling companies with combined annual revenue of $782 billion, more than the gross domestic product of Switzerland, is a huge challenge, meaning competition authorities benefit from the work that’s already been done elsewhere.
Facebook CEO Mark Zuckerberg said the partnership "will be to wire up and get thousands of kiranas, small businesses across India, onboarded onto WhatsApp to do commerce there". In the investor call of Alphabet, its chief Sundar Pichai said the company has announced a 'Google for India' Digitisation Fund to help Indian Internet users.