Tag Archives: Facebook

Tension between President Joe Biden and tech giant Facebook (FB) stands at a fever pitch, even after Biden on Monday walked back earlier remarks accusing social media platforms of facilitating the spread of vaccine misinformation and contributing to U.S. deaths from COVID-19, New York Times technology reporter Cecilia Kang told Yahoo Finance on Monday. “It felt like he was actually retreating a little bit — but the frustration and tension right now between the White House and Facebook still… Source link

Mark Zuckerberg said he wouldn’t know what to do with the $1 billion Yahoo offered to buy Facebook, a new book said. Zuckerberg said he’d probably just build another version of Facebook, per an “An Ugly Truth.” Lots of Facebook staff quit after Zuckerberg rejected Yahoo’s offer in 2006, the book said. … Source link

Facebook, Inc. (FB) is constantly looking for ways to expand into new business verticals. This is evident from the company’s investments in virtual reality and artificial intelligence. Similarly, Facebook is trying to tap the lucrative opportunity available in the ecommerce industry, which is expected to grow exponentially in the next decade. On June 22, the company announced the launch of Shops on WhatsApp and Facebook Marketplace. Previously, the feature was available only on Instagram… Source link

Facebook and Instagram are making you poor, financial adviser says Keeping up with the Joneses in 2021 is next to impossible when the internet has made us all neighbors, and it’s putting a serious strain on our finances. More than a third of Americans admit social media has influenced their spending habits, according to a survey from Mint last year — even though 64% wonder how their friends can afford all the glamorous trips and cars they’re posting about online. Obviously, competing with… Source link

Big Tech is once again in Washington’s crosshairs. On Friday, President Biden called on the Federal Trade Commission and Department of Justice to enforce existing rules and establish new ones that could interfere with the market domination of America’s biggest tech firms. The executive order from Biden calls on the FTC to establish stricter rules over mergers, making it harder for larger tech companies to swallow up their smaller competitors — just like Facebook has with Instagram and… Source link

WASHINGTON, July 7 (Reuters) – Former U.S. President Donald Trump on Wednesday filed lawsuits against Twitter Inc (TWTR.N), Facebook Inc (FB.O), and Alphabet Inc’s Google (GOOGL.O), as well as their chief executives, alleging they unlawfully silence conservative viewpoints. The lawsuits, filed in U.S. District Court in Miami, allege the California-based social media platforms violated the right to freedom of speech guaranteed by the First Amendment of the U.S. Constitution. Trump is seeking… Source link

[unable to retrieve full-text content]Trump sues Twitter, Google and Facebook alleging ‘censorship’  BBC News Source link

Former President Donald Trump has filed proposed class action lawsuits against Facebook, Twitter, and Google subsidiary YouTube as well as CEOs Mark Zuckerberg, Jack Dorsey, and Sundar Pichai. The lawsuits come six months after Trump was permanently or temporarily suspended from all three platforms. Trump announced the lawsuits at a press conference today, following an early report by Axios. He referred to the cases as “a very important game-changer for our country.” However, the… Source link

Former president Donald Trump on Wednesday filed three purported federal class action lawsuits against Facebook (FB), Google-owned YouTube (GOOG, GOOGL) and Twitter (TWTR) their respective CEOs, Mark Zuckerberg, Sundar Pichai, and Jack Dorsey.  According to Trump, the lawsuits are intended to stop the platforms from censoring speech and from removing user accounts. The three suits claim the tech giants violated the First Amendment’s free speech protections, though the amendment protects… Source link

Former President Donald J. Trump on Wednesday sued three tech giants — Facebook, Twitter and Google — and the firms’ chief executives after the platforms took various steps to ban him or block him from posting. Mr. Trump, speaking from his Bedminster, N.J., golf club, announced that he would serve as the lead plaintiff in the class-action lawsuit, arguing that he has been censored wrongfully by the tech companies. Speaking about “freedom of speech” and the First Amendment — which… Source link