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Facebook Weighs Refunding Advertisers as Outage Persists

Several brand marketers tweeted that Facebook’s ad-buying system was down as well. Ad sales are the company’s lifeblood and persistent difficulties could be costly. Based on 2019 sales estimates, Facebook Inc. is projected to generate average daily revenue of about $189 million.
Tags: Facebook, Science, Facebook Inc, Facebook Weighs Refunding Advertisers


Facebook Weighs Refunding Advertisers as System Outage Persists

Several brand marketers tweeted that Facebook’s ad-buying system was down as well. Ad sales are the company’s lifeblood and persistent difficulties could be costly. Based on 2019 sales estimates, Facebook Inc. is projected to generate average daily revenue of about $189 million.
Tags: Facebook, Science, Facebook Inc, Facebook Weighs Refunding Advertisers


Twitter Rolls Out Snapchat-Like Camera Feature, Experimental App

Bloomberg reported more than a year ago that Twitter was developing the feature with a working demo version. It’s “designed to make it easier to capture what you see happening, and get it to the people who want to see and talk about it,” Keith Coleman, Twitter’s vice president of product, wrote in a tweet introducing the camera. Twitter has a history of being slow to change its product, scrapping ideas for fear of alienating its hardcore users and debating new wrinkles over long periods of tim...
Tags: Science, Bloomberg, Facebook Inc, Keith Coleman Twitter


Murdoch’s News Corp. Australia Asks to Break Up Google

News Corp. made the request in an 80-page filing with the Australian Competition and Consumer Commission following a preliminary report from the regulator, recommending a new or existing watchdog should investigate and monitor how large digital platforms rank and display ads and news. In the document, Murdoch’s company criticized the existing practices and power of Google-parent Alphabet Inc. and Facebook Inc., calling for more regulatory oversight. “The market power that Google and Facebook o...
Tags: Google, Facebook, Science, News Corp, Murdoch, Facebook Inc, Alphabet Inc, Consumer Commission, News Corp Australia, News Corp Australia Asks


Warren Proposes Breaking Up Giant Tech Companies Like Amazon and Facebook

(Bloomberg) -- Democratic presidential candidate Elizabeth Warren is proposing to break up the largest technology companies, including Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc., calling them anti-competitive behemoths that are crowding out competition.
Tags: Google, Amazon, Facebook, Science, Elizabeth Warren, Bloomberg, Facebook Inc, Amazon com Inc Alphabet Inc


Facebook takes down UK fake accounts; to tackle anti-vaccine info

Facebook Inc said on Thursday it had removed 137 fake pages, groups and Instagram accounts in the United Kingdom and a further 31 in Romania for engaging in hate speech and making divisive comments. Facebook, Twitter Inc and Alphabet Inc have been under pressure from regulators around the globe to fight the spread of misinformation aimed at destabilizing elections by stoking hardline positions or supporting propaganda campaigns. Facebook also said https://newsroom.fb.com/news/2019/03/combatti...
Tags: Facebook, UK, Science, Instagram, United Kingdom, Romania, Facebook Inc, Alphabet Inc, Facebook Twitter Inc


Twitter Boosts Reporting Feature to Plug Personal Data Sharing

In a tweet from its safety handle, the company announced an update to its abuse reporting functions, allowing users to specify personal information issues, with a GIF showing step-by-step instructions. The social media company earlier in the day tweeted an image on its main account showing a speech bubble containing an ellipsis, which is used to signify a message being typed. Twitter’s move comes a day after Facebook Inc. Chief Executive Officer Mark Zuckerberg announced plans to rebuild some ...
Tags: Mark Zuckerberg, Science, Facebook Inc


Facebook takes down fake accounts in UK, Romania

Facebook Inc said on Thursday it had removed 137 pages, groups and Instagram accounts in the United Kingdom and a further 31 in Romania for engaging in coordinated inauthentic behavior. The individuals behind these accounts represented themselves as far-right and anti-far-right activists and operated fake accounts to engage in hate speech and spread divisive comments on both sides of the political debate in the UK, Nathaniel Gleicher, head of Facebook's cybersecurity policy wrote in a blog post...
Tags: Facebook, Science, Instagram, United Kingdom, Romania, Facebook Inc, Nathaniel Gleicher, UK Romania


Google, Amazon Tax Shows Need for EU Majority Vote, France Says

“Finland, Denmark, Ireland and Sweden shouldn’t be allowed to block 23 countries from imposing a tax that they think is needed and just,” Le Maire said at a press conference in Paris as he presented a French tax that would apply to about 30 Internet giants like Facebook Inc. and could raise 450 million euros ($509 million) in its first year. France’s tax, which Le Maire called, “simple, targeted, and efficient,” is a temporary measure while the EU and The Organisation for Economic Cooperation a...
Tags: Science, Sweden, France, Eu, Paris, Facebook Inc, Google Amazon, Le Maire, EU Majority Vote France Says, Finland Denmark Ireland


Facebook Grew Too Big to Care About Privacy

Now, another academic paper from a former advertising technology executive and Yale law graduate is arguing that Facebook Inc. abuses its power. Titled in part “The Antitrust Case Against Facebook,” its author, Dina Srinivasan, offers a deeply researched analysis of Facebook’s pattern of backtracking on the user data collection that allowed the company to become a star.
Tags: Facebook, Science, Yale, Facebook Inc, Antitrust Case Against Facebook, Dina Srinivasan


Google, Facebook Forced to Pay Creators Under New EU Rules

The new rules mean music producers and publishers could come gunning for more money from Alphabet Inc.’s Google and Facebook Inc. to compensate for the display of their songs, video and news articles. If artists and music producers refuse to grant platforms licenses, tech firms will be required to remove or block uploads.
Tags: Google, Science, Facebook Inc, Alphabet Inc, Google Facebook Forced


These Are the Wealthiest Towns in the U.S.

Its residents made an average of $450,696 in 2017, a $7,293 increase from the prior year, according to the annual Bloomberg Richest Places index. Billionaires who have called Atherton home include Google’s Eric Schmidt and Facebook’s Sheryl Sandberg. Both Google and Facebook Inc. have headquarters within 10 miles of Atherton, which is nestled inside the nation’s tech hub dubbed "Silicon Valley".
Tags: Google, Science, Eric Schmidt, Facebook Inc, Atherton, Bloomberg Richest Places, Facebook 's Sheryl Sandberg Both Google


India Seeks Access to Private Messages in WhatsApp Crackdown

Now U.S. social media pioneers Facebook and Twitter are in danger of suffering similar setbacks in what is perhaps the world’s most important emerging technology market. In the latest skirmish, the government is targeting Facebook Inc.’s WhatsApp, the popular messaging service increasingly important to its parent’s bottom line. Frustrated that the service has been used to incite violence and spread pornography, the government is pressing WhatsApp to allow more official oversight of online disc...
Tags: Facebook, Science, India, Facebook Inc


Twitter Falls on Tepid Sales Forecast and Lackluster User Growth

The company also reported a decline in monthly active users, though it began reporting daily active users and showed growth in that metric. Twitter has been ramping up efforts to reduce abuse on its platform and root out fake accounts and election malfeasance, issues that have crimped user growth in a competitive digital-advertising market. The company’s share of the lucrative market is expected to decline this year as rivals like Facebook Inc. and Alphabet Inc.’s Google boost their dominance,...
Tags: Google, Science, Facebook Inc, Alphabet Inc


Google Warns Data Privacy Changes Could Hurt Its Business

The company filed its annual report on Tuesday and added language that suggests it is adjusting to stepped up regulatory scrutiny and evolving consumer attitudes toward data and privacy online. “Changes to our data privacy practices, as well as changes to third-party advertising policies or practices may affect the type of ads and/or manner of advertising that we are able to provide which could have an adverse effect on our business,” the company wrote in the filing. As consumers and politicia...
Tags: Google, Science, Facebook Inc


Bulls Look to Alphabet Results to Keep Tech Rally Going

The search giant’s fourth-quarter revenue is expected to jump 21 percent to $31.3 billion as marketers spent more on Google ads to reach consumers online. Last week, Alphabet shares rose to the highest levels since October after scandal-plagued rival Facebook Inc. beat Wall Street forecasts and soothed investor anxiety about a privacy backlash by consumers and regulators. Shares of the Mountain View, California-based company rose 1.1 percent at 10:25 a.m. in New York on Monday amid a broader r...
Tags: Google, New York, Science, Facebook Inc, Mountain View California, Facebook Netflix Microsoft


Bulls Look to Alphabet Results to Keep Tech Stock Rally Going

The search giant’s fourth-quarter revenue is expected to jump 21 percent to $31.3 billion as marketers spent more on Google ads to reach consumers online. Last week, Alphabet shares rose to the highest levels since October after scandal-plagued rival Facebook Inc. beat Wall Street forecasts and soothed investor anxiety about a privacy backlash by consumers and regulators. "Ad revenue growth deceleration came in better than feared for Facebook, which we view as a positive for Alphabet," Mark Ma...
Tags: Google, Facebook, Science, Facebook Inc, RBC Capital Markets, Mark Mahaney


Apple Punishes Google by Revoking Its Ability to Test Apps

Facebook Inc.’s app development was hobbled in a similar way for about 24 hours, a sign that Apple is wielding its power as operator of the most-lucrative U.S. app store to push its approach to user privacy. Google employees can’t access test versions of iPhone apps they’re making, or use internal apps related to transportation scheduling and food, the people said. "We’re working with Apple to fix a temporary disruption to some of our corporate iOS apps, which we expect will be resolved soon,"...
Tags: Apple, Google, Science, Facebook Inc, Alphabet Inc


Apple Is Said to Pull Key App-Development Tools From Google

Facebook Inc. was hit in a similar way on Wednesday, a sign that Apple is wielding its power as operator of the most-lucrative app store to press for more user privacy. Google employees can’t access test versions of iPhone apps they’re making, or use internal apps related to transportation scheduling and food, the people said. "We’re working with Apple to fix a temporary disruption to some of our corporate iOS apps, which we expect will be resolved soon," a Google spokeswoman said in a stateme...
Tags: Apple, Google, Science, Facebook Inc


Facebook Loses Apple Approval to Test Apps, Use Tools on IPhones

On the heels of a report outlining ways Facebook Inc. is collecting data, Apple Inc. revoked a key set of testing tools that the social networking giant uses to ensure its apps are ready for use on the iPhone and iPad. The move also shut down internal apps that Facebook employees use every day. The iPhone maker’s decision follows the revelation that Facebook circumvented Apple’s App Store distribution rules by paying users, including teenagers, to share personal data.
Tags: Apple, Facebook, Science, Apple Inc, Facebook Inc


Facebook Shuts Controversial Program to Pay Apple Users for Data

On the heels of a report outlining ways Facebook Inc. is collecting data, Apple Inc. revoked a key set of testing tools that the social networking giant uses to ensure its apps are ready for use on the iPhone and iPad. The move also shut down internal apps that Facebook employees use every day. The iPhone maker’s decision follows the revelation that Facebook circumvented Apple’s App Store distribution rules by paying users, including teenagers, to share personal data.
Tags: Apple, Facebook, Science, Apple Inc, Facebook Inc, Facebook Shuts Controversial Program


Fight Harder Against Fake News, EU Tell Tech Giants

The European Commission, the bloc’s executive body, acknowledged that companies such as Alphabet Inc.’s Google, Twitter Inc. and Facebook Inc., had made "some progress," in particular with removing fake accounts and demoting sites that promote disinformation.
Tags: Science, Facebook Inc, Alphabet Inc, EU Tell Tech Giants, Google Twitter Inc


Google Considering Pulling News Service From Europe

The European Union is working towards finalizing a controversial new copyright law. The rules give publishers rights to demand money from the Alphabet Inc. unit, Facebook Inc. and other web platforms,when small fragments of their articles show up in news search results, or are shared by users. The internet giant has various options on the table and will analyze the final text before making any decisions, she said, adding that Google would withdraw its service reluctantly.
Tags: Google, Europe, Science, European Union, Facebook Inc, Alphabet Inc


Facebook, Airbus and BMW Tackle the Future: DLD Show Update

The upbeat slogan belies the more critical tone to the proceedings as attendees and consumers realize the darker side of tech’s biggest companies. Issues like regulation, privacy, fake news and the rise of xenophobic nationalism will highlight the second day, as executives such as Facebook Inc.’s Sheryl Sandberg and BMW AG’s Harald Krueger take the stage. Time stamps are local for Munich.
Tags: Science, Sheryl Sandberg, BMW AG, Facebook Inc, Harald Krueger, Facebook Airbus, Time stamps


As Xiaomi Shares Sink, a Russian Investor Is Still Up $1 Billion

Milner, an early investor in Facebook Inc. and Alibaba Group Holding Ltd., quadrupled his money even though Xiaomi’s market value has tumbled by more than $18 billion since the IPO. The declines accelerated when a six-month lockup period expired on Jan. 9, promoting some investors to sell the stock.
Tags: Science, Ipo, Xiaomi, Alibaba Group Holding Ltd, Facebook Inc, Milner


Snap Falls After Jefferies Cuts Price Target on Outlook for Ads, Users

Jefferies’ cut target comes on “greater uncertainty around the global advertising picture in 2019 and 2020.” The firm kept its hold rating, but also lowered its target on Facebook Inc. to $180 from $200, and on Twitter Inc. to $33 from $35. Currently, five firms rate Snap a buy, while 21 view it as a hold and 12 rate it a sell, according to Bloomberg data. The average price target is $7.51, which implies upside of more than 20 percent.
Tags: Science, Bloomberg, Jefferies, Twitter Inc, Facebook Inc


Mark Zuckerberg Halts Stock Sales as Facebook Shares Tumble

The Facebook Inc. co-founder didn’t sell a single share in the fourth quarter, when the social media company’s stock tumbled 20 percent amid a broader market rout. It’s the first quarter in more than two years he’s refrained from doing so, according to data compiled by Bloomberg. Zuckerberg, 34, said in September 2017 that he would unload 35 million to 75 million Facebook shares over the following 18 months as part of a pledge to give away almost all of his fortune during his lifetime.
Tags: Facebook, Mark Zuckerberg, Science, Facebook Inc, Bloomberg Zuckerberg, Facebook Shares Tumble


New detector overcomes key challenge in using light for wireless communications

Today's high-speed wired communication networks use lasers to carry information through optical fibers, but wireless networks are currently based on radio frequencies or microwaves. In an advance that could one day make light-based wireless communications ubiquitous, researchers from Facebook Inc.'s Connectivity Lab have demonstrated a conceptually new approach for detecting optical communication signals traveling through the air.
Tags: Science, Optics & Photonics, Facebook Inc



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