Potential overreach by European Commission investigators has won Facebook a breather from an intensifying probe by the powerful regulator into alleged unfair competitive practices by Big Tech. The EU General Court has put the kibosh on attempts by EU Commission regulators to force Facebook to...
In his highly anticipated appearance before Congress on Wednesday (July 29), Facebook CEO Mark Zuckerberg is expected to say that the social media mega-company is an American success story. Sources told Bloomberg News that the Facebook founder will tell the House Judiciary Committee’s Subcommittee on Antitrust, Commercial and Administrative Law...
Instagram is debuting a new way to raise money, the company announced in a blog post. The photo- and video-sharing social networking service owned by Facebook said the new service will allow Instagram users to raise cash for a cause, small business or friend. Instagram...
At a time when TikTok encounters questions from the U.S. government regarding its use of user information, Facebook plans to soon roll out a similar service called Instagram Reels in several countries. The offering will come to the U.S. in addition to over 50 nations in a...
Facebook is expanding the capabilities of its WhatsApp Business messaging app, which the company says now has about 50 million users. The company said in its announcement of new features that it is making the changes because “people need easy ways to get in touch...
With advertising boycotts aplenty, Facebook CEO Mark Zuckerberg is now out $7 billion, Bloomberg reports. The social media giant has faced backlash and losses in partnerships from companies like Unilever, Verizon and Hershey, which have decided to sever ties due to what they say is...
The German Federal Court has ordered Facebook to comply with an order from the country’s antitrust regulator and stop data collection of users in the country, Reuters reported Tuesday (June 23). The ruling is a setback for the U.S. social media giant, which also could...
Facebook has purchased Mapillary in the social media giant’s efforts to expand open mapping efforts, Mapillary said in a blog post. The company will still remain available for users to upload imagery and use map data, the post assures users; but now, the company will...
President Trump’s war with Twitter and Facebook is spilling out onto a new stage. The U.S. Department of Justice, led by Attorney General William Barr, has released a proposal on Wednesday (June 17) that would rescind legal protections that have shielded such internet platforms from...