Tag: facebook
Facebook CEO refuses press questions at free expression event!
Facebook CEO Mark Zuckerberg has drawn criticism after restrictions were placed on news coverage of an event he was speaking at to promote free expression. Reporters were not allowed to ask questions after Mr Zuckerberg’s speech at Georgetown University in Washington, DC. The only questions that were allowed came from students and were filtered by…
Facebook no longer in Top 10 Global Brands List
Facebook has dropped out of the top 10 most valuable global brands as Apple, Google and Amazon retained the first three places. Facebook dropped five places to 14 this year after its brand value dropped by 11.8% to 39,857 million US dollars (£30.8 million), having first entered the Interbrand Best Global Brands report in 2012…
US presidential candidate Elizabeth Warren targets Facebook with ‘false’ ad
US presidential candidate Elizabeth Warren has paid for a series of Facebook adverts with false claims about chief executive Mark Zuckerberg – shining a light on the platform’s decision to allow politicians to make false statements in paid adverts. The sponsored post by the political hopeful reads: “Breaking news: Mark Zuckerberg and Facebook just endorsed Donald Trump for re-election.…
Visa and Mastercard pull out of Facebook’s Libra currency
Visa and Mastercard have announced their departure from Facebook’s Libra project in a potentially fatal blow to the social network company’s plan for a worldwide digital currency. Along with the two payment giants, several other large companies have said they are exiting Libra. Payment processing company Stripe said it is stepping back, as well as…
Facebook paid £28.5m tax in UK from £1.65bn revenue
Facebook paid just £28.5 million in UK tax last year despite reporting growing revenue of £1.65 billion from advertising sales. The tech giant’s latest UK accounts reveal that pre-tax profits jumped by more than 50% from the year before, to £96.6 million. Its total tax bill for 2018 came in at £30.4 million, but this…
Sony removes Facebook integration from PlayStation 4
Sony has pulled Facebook integration from the PlayStation 4, making it impossible to find friends on the social network who also use the gaming console. The Japanese firm apologised to gamers for the inconvenience but failed to provide a reason for the sudden change. Integration with Facebook not only allowed people find other players from…
Facebook removes more misinformation campaigns
Facebook said it has removed hundreds of accounts, pages and groups from the platform which were spreading misinformation about political issues in the Middle East. The accounts, which were part of a large network, originated in the UAE, Egypt and Nigeria posted content promoting the UAE and criticising Qatar, Turkey and Iran, Facebook said. The…
Will Facebook message encryption hinder online crime fight?
Facebook has been accused of reverting to the “digital dark ages” after serious concerns were raised that plans for message encryption could prevent child abusers and terrorists being caught. Politicians have called on the social media platform to think again before introducing end-to-end message encryption for its messaging services, claiming the “right balance is not…
Social media platforms can be forced to remove illegal comments, rules court
Social media platforms such as Facebook can be ordered to remove defamatory posts declared as illegal, the EU’s top court has ruled. The Court of Justice of the European Union’s (CJEU) landmark decision means any individual country in the EU can restrict global access to the offending material. Facebook said the ruling raises “critical questions…
Zuckerberg leak: It doesn’t make sense for me to go to hearings in every country
Mark Zuckerberg does not see the need for him to attend hearings across the globe scrutinising Facebook’s practices, according to leaked audio from an internal meeting. The tech giant’s founder is heard telling workers that other countries do not have the power to demand that he attend such hearings, in recordings obtained by The Verge…