Tag Archives: Facebook

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IoK remains cut off as lockdown continues on 116th day

11 November, 2019 12:46 pm 12:46 pm

SRINAGAR (92 News) – The Indian Occupied Kashmir (IoK) continued to remain isolated from the world as unprecedented military lockdown entered 116th running day, on Thursday. According to the KMS, though uneasy calm and uncertainty prevail in the Valley yet life remains badly affected there as restrictions under Section 144 remain enforced, shops and business … Read More

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EU countries fail to agree on privacy rules governing WhatsApp, Skype

11 November, 2019 11:56 pm 11:56 pm

BRUSSELS (Reuters) – EU efforts to create a level playing field between telecoms operators and Facebook’s WhatsApp and Microsoft unit Skype stalled on Friday after member countries failed to agree on the scope of proposed rules. The European Commission kicked off the process two years ago with its proposal for an ePrivacy regulation which would … Read More

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International committee calls for pause on false political ads online

11 November, 2019 8:36 am 8:36 am

LONDON/SAN FRANCISCO (Reuters) – An international “grand committee” of lawmakers called on Thursday for a pause on online micro-targeted political ads with false or misleading information until the area is regulated. The committee, formed to investigate disinformation, gathered in Dublin to hear evidence from Facebook Inc, Twitter Inc and Alphabet Inc’s Google and other experts … Read More

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Facebook sales grow as users tick up; Zuckerberg defends political ads

10 October, 2019 10:35 am 10:35 am

(Reuters) – Facebook Inc reported an uptick in users in lucrative markets and its third straight rise in quarterly sales growth, but the company’s controversial political ads stole the limelight when CEO Mark Zuckerberg spoke to analysts. Shares rose about 4.5% after hours to $196.64. That put the shares on track to eclipse their record … Read More

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Twitter to ban political ads in apparent swipe at Facebook

10 October, 2019 8:15 am 8:15 am

NEW YORK (Reuters) – Twitter Inc will ban political advertising on its platform next month, the company’s chief executive said, a move that won praise from Democrats and scorn from Donald Trump’s presidential campaign. “We’ve made the decision to stop all political advertising on Twitter globally,” said Twitter CEO Jack Dorsey in a statement here … Read More

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Facebook’s Zuckerberg grilled in US Congress on digital currency, pri...

10 October, 2019 9:03 am 9:03 am

WASHINGTON (Reuters) – Facebook Inc CEO Mark Zuckerberg conceded on Wednesday that the company’s planned digital currency Libra was a “risky project,” but sought to reassure skeptical US lawmakers that it could lower the cost of electronic payments and open up the global financial system to more people. Sporting a suit and tie, Zuckerberg also … Read More

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Facebook to clamp down on misinformation ahead of 2020 election

10 October, 2019 8:51 am 8:51 am

CALIFORNIA (Reuters) – Facebook announced new steps to combat misinformation and voter suppression ahead of the November 2020 US presidential election, on the same day it disclosed the removal of a network of Russian accounts targeting US voters on Instagram. Facebook said it would increase transparency through measures such as showing more information about the … Read More

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Facebook’s Zuckerberg says company considered banning political ads

10 October, 2019 11:15 pm 11:15 pm

WASHINGTON (Reuters) – Facebook Chief Executive Mark Zuckerberg said in a speech on Thursday that the social media company had considered banning all political advertising but decided against it, erring on the side of greater expression. Facebook Inc has been under fire over its advertising policies, particularly from Democratic presidential candidate and US Senator Elizabeth … Read More


No plans to ban Facebook’s Libra: ECB’s Coeure says

10 October, 2019 9:31 pm 9:31 pm

FRANKFURT (Reuters) – Global financial regulators have no plan to ban Facebook’s Libra or other stablecoins, but these digital tokens backed by official currencies will have to meet the highest regulatory standards, European Central Bank director Benoit Coeure said in an interview published on Thursday. His comments provide a rare ray of light for Facebook’s … Read More

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Facebook researchers use maths for better translations

10 October, 2019 12:59 pm 12:59 pm

CALIFORNIA (AFP) – Designers of machine translation tools still mostly rely on dictionaries to make a foreign language understandable. But now there is a new way: numbers. Facebook researchers say rendering words into figures and exploiting mathematical similarities between languages is a promising avenue — even if a universal communicator a la Star Trek remains … Read More

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Facebook’s Libra currency abandoned by major financial companies

10 October, 2019 9:00 am 9:00 am

CALIFORNIA (Reuters) – Facebook Inc’s ambitious efforts to establish a global digital currency called Libra suffered severe setbacks as major payment companies including Mastercard and Visa Inc quit the group behind the project. The two companies announced they would leave the association Friday afternoon, as did EBay Inc, Stripe Inc. and Latin American payments company … Read More


PayPal becomes first member to exit Facebook’s Libra Association

10 October, 2019 9:43 am 9:43 am

WASHINGTON (Reuters) – US payments processor PayPal Holdings Inc said it was leaving Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra, making it the first member to exit the group. PayPal said it would forgo any further participation in the group and would instead focus on its own core … Read More


‘Child pornographers’ could misuse Facebook’s proposed me...

10 October, 2019 2:02 am 2:02 am

WASHINGTON (Reuters) – Federal Bureau of Investigation (FBI) Director Christopher Wray said Friday that Facebook Inc’s proposal to encrypt its popular messaging programme would turn the platform into a “dream come true for predators and child pornographers.” Wray, who was one of several top Justice Department officials on Friday to address a crowd of law … Read More

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Visa, Mastercard reconsider backing Facebook’s Libra: WSJ

10 October, 2019 9:42 am 9:42 am

(Reuters) – Visa (VN), Mastercard Inc (MA.N), Visa and other key financial partners may reconsider their involvement in Facebook Inc’s (FB.O) cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The financial backers to Libra did not want to attract regulatory scrutiny and declined Facebook’s requests to publicly support … Read More

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Facebook wins dismissal of investor lawsuit over privacy breach

09 September, 2019 2:24 pm 2:24 pm

NEW YORK (Reuters) – Facebook Inc and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will be have a chance to refile their case. US District Judge Edward Davila in … Read More