Shares of Facebook’s parent company Meta went into a nosedive after the markets closed on Wednesday, following an underwhelming quarterly report, the first since CEO Mark Zuckerberg announced the name change. The stock stood strong at $323 a share when the markets closed at 4 pm EST, but collapsed to …
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The Facebook page belonging to Russia’s delegation to the security and arms control talks in Vienna was blocked for days without explanation. The diplomats have blasted it as an act of censorship specifically targeting Moscow. The act of censorship took place last Friday, Konstantin Gavrilov, head of the continent told RT. …
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Social media giant Facebook, now known as Meta Platforms, faces a class action lawsuit in Britain, seeking at least £2.3 billion (over $3.1 billion) in damages, over allegations the company had exploited users’ data for profit. The case is being brought by Liza Lovdahl Gormsen, a senior adviser to Britain’s …
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Employees at Meta will have to show proof that they received a Covid-19 vaccine booster, with the company citing its effectiveness. Meta is now set to reopen its offices in March. Meta – which owns Facebook, Instagram, WhatsApp, and virtual reality company Oculus – will fully reopen its offices on …
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France’s online privacy regulator has ordered Google and Facebook to cough up some €210 million ($237 million) between them, fining the firms for their questionable use of data-tracking ‘cookies’ on their sites. The French National Commission on Informatics and Liberty (CNIL) announced the move in a statement on Thursday, saying …
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Donald Trump has branded Twitter a “disgrace to democracy” after it permanently suspended the personal account of Representative Marjorie Taylor Greene (R-Georgia) for allegedly violating its Covid-19 misinformation rules. In a statement released on Monday by Trump’s ‘Save America’ PAC, the former US president said the company “shouldn’t be allowed …
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That’s according to Senator Alexey Pushkov, who revealed on Friday that the Federation Council Commission on Information Policy and Cooperation with the Media is looking at the best way to tax foreign websites. Speaking to the TASS news agency, Pushkov explained that Russia is going to develop national legislation while …
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Mark Zuckerberg, the founder, chairman and CEO of Meta, which he originally founded as Facebook, adores facts. He adores facts so much that he has employed a veritable army of workers who pour over millions of posts in a moral battle against those who would defile facts. Yet as more …
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Andrew Bosworth, who leads technological research at Meta and is set to become the tech giant’s CTO next year, pushed back against critics who accuse social media like Facebook of harming society by failing to police speech on their platforms. “If your democracy can’t tolerate the speech of people, I’m …
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Court documents state that between April and October 2021, Facebook’s management violated federal securities law by deliberately misleading the public about its algorithms and the negative effects its products may have on minors to boost profits. “Facebook (Meta) said it was looking out for our children and weeding out online …
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