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Business Tech World

Facebook faces $3.2 billion suit in UK for abusing market dominance

Facebook’s owner Meta Platforms faces a $3.2 billion class action in Britain over allegations it abused its market dominance by exploiting the personal data of 44 million users. Liza Lovdahl Gormsen, a senior adviser to Britain’s Financial Conduct Authority (FCA) watchdog and a competition law academic, said she was bringing the case on behalf of […]

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Tech World

Facebook’s owner Meta bans surveillance-for-hire firms for targeting users

Facebook’s parent company Meta says it has banned seven surveillance companies for targeting users on its platforms. A new report by Meta says about 50,000 users will receive warnings about the “malicious activities”. It accused surveillance firms of actions like creating fake accounts, befriending targets and using hacking methods to harvest information. The company accused […]

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World

Dozens of Rohingya refugees in the UK and US sue Facebook for $150 billion over Myanmar hate speech

Dozens of Rohingya refugees in the UK and US have sued Facebook, accusing the social media giant of allowing hate speech against them to spread. They are demanding more than $150 billion in compensation, claiming Facebook’s platforms promoted violence against the persecuted minority. An estimated 10,000 Rohingya Muslims were killed during a military crackdown in […]

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Business Tech World

Uber partners with Meta to make ride-booking via WhatsApp in India

Uber wants to make booking a ride in India as easy as sending a WhatsApp message. The San Francisco-based company has partnered with Meta (FB) to launch a ride booking ability via its WhatsApp service in India, the two tech firms said in a statement on Thursday. The integration allow people to book an Uber […]

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Tech World

Australia orders parliamentary inquiry into the behaviour of BIG technology companies

Australia will conduct a wide-ranging parliamentary inquiry into the behaviour of the world’s largest technology companies and the need for new legislation, Prime Minister Scott Morrison said on Wednesday. Australia has led global efforts to rein in the powers of the likes of Alphabet and Facebook, installing legislation that has been heralded as a model […]

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World

United Kingdom’s antitrust watchdog directs Facebook to sell-off Giphy

The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform. The Competition and Markets Authority said Tuesday that the deal would let Facebook, which has been renamed Meta, “increase its already significant market power” by denying or limiting other platforms’ access to Giphy […]

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Business Social Media Reactions World

Lebanon’s central bank blames Google, Facebook after its currency hits record lows

Lebanon’s central bank, the Banque du Liban, blamed tech giants Google and Facebook as the country’s currency hit record lows on the black market, plunging to 25,000 Lebanese pounds against one US dollar. This is nearly 17 times less than the official rate set by the bank, which is 1,500 Lebanese pounds to the dollar. […]

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Tech World

Facebook testing tools to give users option to customize their news feeds

Facebook is introducing new features to give people more control over what appears in their news feeds. The social network has been under intense scrutiny in recent years for how its algorithms promote content. Now, it says it is testing controls to “adjust people’s ranking preferences” and customise the feed. That includes, for example, increasing […]

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World

Facebook tells Los Angeles police to stop using fake profiles to conduct surveillance on users

Facebook wrote to the Los Angeles Police Department (LAPD), demanding that it stop setting up fake profiles to conduct surveillance on users. Facebook expressly prohibits the creation and use of fake accounts. The intent, it said, was to “create a safe environment where people can trust and hold one another accountable”. “Not only do LAPD […]

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Insane Social Media Reactions World

VIRAL VIDEO: New Zealand PM Jacinda Ardern interrupted by daughter during Facebook live

New Zealand’s Prime Minister, Jacinda Ardern, was faced with unexpected comments as she addressed the nation not from the opposition, or from an angry citizen, but from her daughter, who interrupted her during a Facebook livestream. Ardern was midway through updating viewers on the country’s Covid-19 response when she was disturbed by 3-year-old Neve calling: […]

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Tech World

Facebook to limit use of facial recognition software to identify faces in photographs and videos

Facebook has announced it will no longer use facial recognition software to identify faces in photographs and videos. There have been growing concerns about the ethics of facial recognition technology, with questions raised over privacy, racial bias, and accuracy. Regulators had not yet provided a clear set of rules over how it should be used, […]

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Tech World

Facebook faces tough challenge to pull younger Gen Z users to platform

Facebook was once a hub for young people, but that’s changed in the last decade. Despite the company’s efforts, several studies have shown that younger people aren’t interested in joining the platform. Back in 2012, 94% of teens had a Facebook account, a Pew Research survey of 12- to 17-year-olds found. Almost 10 years later, […]