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Vietnam’s Social App Lotus Seeks Funds To Compete With Facebook
August 25, 2019

Vietnam’s new social network platform, Lotus, is looking to raise as much as 1.2 trillion dong ($52.1 million) in a bid to take on Facebook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Regulatory Pushback Spooks Libra Backers
August 23, 2019

Some early supporters of Facebook’s proposed cryptocurrency Libra, spooked by the intense regulatory scrutiny both national and worldwide, want to distance themselves from the project, according to a report by The Financial Times. Get the Full Story Complete the form to unlock this article and...

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Facebook Lets Users Prevent Targeted Advertising With New Tool
August 20, 2019

Facebook announced it has launched a new privacy tool so users can prevent their information from being sent to the site for targeted advertising. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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New Facebook Feature Separates Web Browsing From Social Profiles
August 20, 2019

To allow users to separate their web browsing history from their personal profiles, Facebook finally finished a new feature. The move, however, could make advertising on the social media platform less valuable to marketers, Bloomberg reported. Get the Full Story Complete the form to unlock...

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FTC: Facebook Harder To Break Up Now
August 20, 2019

Federal Trade Commission (FTC) Chairman Joseph Simons said that if Facebook has plans to merge Instagram and WhatsApp more closely into its ecosphere, it could be harder to break the tech giant up, if it comes to that, according to a report by Reuters.  Get...

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Tickets, Showtimes Integrated Into Facebook Movie Ads 
August 15, 2019

Facebook movie ads will now feature the ability to look up showtimes and buy tickets, in addition to getting reminders about premieres, The Verge reported on Wednesday (Aug. 14). When a movie comes across users’ news feeds, they have the option of hitting the “Interested”...

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Facebook Launches New ‘Playground’ Hub For Israeli Startups
August 14, 2019

Facebook COO Sheryl Sandberg was in Tel Aviv on Wednesday (Aug. 14) to introduce the social media giant’s “Playground” as a new platform for the local startup community.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Facebook Shelves Houseparty Acquisition Over Antitrust Concerns
August 12, 2019

Facebook reportedly dropped a deal to buy competitor Houseparty, the video-focused social media chat app, due to anticipated additional antitrust scrutiny, The New York Times reported on Monday (Aug. 12).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Facebook Could Pay Up To $3M Per Year To License News Content
August 08, 2019

Facebook has offered news outlets millions of dollars for content in a planned news section, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...