All posts in Facebook
How Google and Meta were fined $71.8M for violating privacy laws in South Korea
On Wednesday, South Korea fined Google and Meta $71.8 million (100 billion KRW) for violating the privacy law in the country. The South Korean authorities said that Meta and Google didn’t receive legitimate or legal consent when collecting users’ information who visited their websites and used other websites and apps for customized ads. According to […]
Sorry, Zuckerberg, the Metaverse Won’t Replace Zoom
Metaverse is becoming more popular as each day passes. The technology once designed for a small group is now shifting to broader use for the everyday home, work, and play. While it may seem like a far-off reality, Metaverse is closer than we think. In his year-in-review post termed Gates Notes, Bill Gates predicts that […]
FTC. sues Meta to block its Virtual Reality deal as it tackles other giant techs
On Wednesday, the F.T.C. (Federal Trade Commission) filed an injunction to block Meta from purchasing a virtual reality firm called Within. The lawsuit is potentially restricting Meta’s push into Metaverse and signaling a change in the agency’s approach to tech deals. The company revealed last year that it’s buying Within for an undisclosed fee. Within […]
Facebook has failed to name 80% of posts promoting bioweapons conspiracy theory
On Friday, the CCDH (Center for Countering Digital Hate) said that Facebook has failed to name 80% of posts or articles promoting the bioweapons conspiracy theory. And that the US is funding the bioweapon use in Ukraine. This comes as social media firms promise to restrain Russian disinformation on the Ukraine war. Research shows they’ve […]
US competition authority demands details on acquisitions by Google, Facebook, and other tech giants
The US Federal Trade Commission (FTC) has ordered five major tech companies to provide details on acquisitions of smaller companies over the past ten years, according to The Guardian. Information on the purpose and scope of the acquisitions will help inform antitrust investigations into the five companies, which include Amazon, Apple, Facebook, Google, and Microsoft. While the […]
Facebook has acquired the UK startup Scape Technologies, with precision ‘AI vision’ location tools
Facebook has acquired the UK company Scape Technologies, a startup offering tools to identify locations more accurately than GPS using AI computer vision, according to Tech Crunch. Few details on the deal have been released, but regulatory filings obtained by Tech Crunch indicate that Facebook has gained majority control of Scape Technologies, in what they estimate […]
Facebook launches tools for users to track and control third-party data collection
Facebook has launched its “Off-Facebook Activity” tool in the UK and other regions, giving users more transparency and a degree of control over data collected on their activities beyond the social media platform, according to BBC News. Many websites and apps collect data on a user’s activity and send it to Facebook, where it’s linked to […]
Facebook and eBay take steps to combat fake product reviews, after warning from UK competition authority
Facebook and eBay have agreed to combat fake reviews on their platforms in response to pressure from the UK’s Competition and Market Authority (CMA), according to TechCrunch. In June, the CMA said it had found evidence of a “thriving marketplace for fake and misleading online reviews” on the platforms. It found over 100 eBay listings […]
Libra official remains optimistic despite regulatory hurdles, says the cryptocurrency will benefit Europe
A Libra Association executive says it’s still hoping for a 2020 rollout for the digital currency, despite regulatory obstacles and mounting criticism from officials, according to Politico. Facebook’s plans for Libra have faced a nearly constant barrage of criticism and new setbacks from regulators. Officials have expressed concern that it could undermine official currencies, impact global […]
Facebook reveals plan to establish independent oversight board to moderate content
Facebook has published details of its plan to establish an independent oversight board to moderate content on its platform, with the power to overrule CEO Mark Zuckerberg and other company executives, according to BBC News. The plan for the Facebook “supreme court” was first announced in a blog post by Zuckerberg last November. On Tuesday, on […]