Tag: Facebook

BUSINESS

Verizon Boycotts Advertising On Facebook

U.S. telecommunications giant Verizon Wireless has become the latest major company to pull advertising from Facebook platforms. The company joins Ben and Jerry’s and a growing list of firms boycotting the social media giant over its handling of controversial posts. Verizon is believed to be the biggest advertiser so far to back the “Stop Hate for Profit” campaign. Unilever, Coca-Cola, […]

BUSINESS

WhatsApp — A Traffic Powerhouse

More than 100 billion messages hit the social media platform WhatsApp on New Year’s Eve, thus setting a record for the social media outlet. These numbers were the first the Facebook-owned service was witnessing in a single day in its 10-year history. The company said more than 12 billion of the messages sent globally were picture messages. In the United […]

BUSINESS

Facebook Introduces News Section On Its Platform

In a new move that is set to help bring news content to people, Facebook is partnering with several news media outlets to launch a news section in its flagship apps. Facebook’s Campbell Brown, VP, Global News Partnerships and Mona Sarantakos, Product Manager, News, noted that “journalism plays a critical role in our democracy,” and moreover, serves as a useful […]

SPORTS

ICC Hits It Big With Facebook

The International Cricket Council (ICC) has struck a groundbreaking four-year partnership deal with Facebook, which will see the social media platform carrying match recaps, in-play key moments, and other match and feature content. The partnership will grant Facebook exclusive digital content rights for ICC global events in the Indian sub-continent and will also carry post-match recaps throughout the rest of […]

BUSINESS

Facebook Seeks To Make Dating Much Easier

Looking for a date? Well, it has just gotten easier with the use of Facebook Dating platform. According to the company, it is providing a platform that will make it easier for people to find love and meaningful relationships through things they have in common. The company also said it will be making it possible for people “to integrate their […]

BUSINESS

Facebook $5 Billion Penalty Draws Outcry

U.S. officials approved a record $5 billion privacy settlement with Facebook Inc. to resolve the Cambridge Analytica data scandal. However, this is not going down well with some lawmakers and privacy advocacy groups as they believe the penalty is not severe enough. Privacy Rights Advocates have questioned the fine of $5 billion on a company that reported revenue of almost $56 billion […]

BUSINESS

Facebook — “We’ve Fundamentally Altered Our DNA”

Facebook CEO Mark Zuckerberg has faced severe criticisms and come under considerable scrutiny during 2018 by lawmakers, privacy advocates, and some investors. Charges of failure to protect users’ privacy, enabling the spread of hate speech, fake news, among others have been leveled at Facebook, America’s online social media and social networking service giant. However, in an end of year post […]

BUSINESS Commerce

Facebook Set To Introduce New News Experience

According to Alex Hardiman, Facebook’s Head of News Products, the news format on Facebook will be changed soon to offer users a new news experience. Trending, which was introduced in 2014 to generate news topics, though popular, reached only five countries and accounted for less than 1.5% of clicks to news publishers on average. “From research, we found that over […]

BUSINESS Commerce

Facebook Set To Go Back To Its Roots

Facebook, the American online social media and social networking service which was launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes is seeking to return to its roots — that of a social community-oriented enterprise rather than a huge commercial entity. Facebook, over the […]

NEWS

Facebook Seeks New Move To Oust Terrorist From Platform

Britain’s Prime Minister Theresa May has called for a new approach to combatting extremism and reckoned that greater international regulation of the Internet must be part of this new strategy. She posited the view that big Internet companies were partly responsible for providing the space for extreme ideology to develop and flourish and therefore ought to be held accountable. “Enough […]