Whistleblower says safety is cost centre for Facebook October 25, 2021 Frances Haugen, a former product manager on Facebook's civic misinformation team, appeared before the Joint Committee this afternoon, discussing plans to regulate social media companies.
What we can expect from Facebook’s Q3 results October 25, 2021 The social media giant Facebook will beat the consensus estimates for revenues and earnings, despite ongoing controversy, if you believe the tech analysts. In the first half of the year, Facebook saw growth of both daily active users, as well as online advertising. This is a trend that many expect to continue when the company [...]
Facebook and Nick Clegg urged to disclose child sexual abuse after offenders used FB in 5,100 grooming crimes, claims NSPCC October 25, 2021 Police recorded 24 online grooming crimes every week where offenders used Facebook-owned sites in an attempt to target children for sexual abuse between 2017 and 2021. That’s 5,120 sexual communication with a child offences that have involved Facebook, Instagram and WhatsApp since the law came into force in April 2017, according to the NSPCC this [...]
U.S. withdraws digital tax tariff threat for European countries October 22, 2021 The United States has withdrawn its tariff threat against five European countries over their digital services taxes. As part of a deal, Austria, Britain, France, Italy, Spain get to keep their digital taxes in place until a global tax agreement comes into force in 2023. The countries had agreed to withdraw their digital services taxes [...]
Meta, Bookface or Teenage Wasteland? Endless options for Facebook’s rebrand October 21, 2021 With ongoing reports about Facebook's rebrand, Twitter is having a field day about what the new name could be
Labour pushes government to clampdown on online extremism in the wake of Sir David Amess murder October 20, 2021 Boris Johnson has insisted new internet safety laws will impose “criminal sanctions with tough sentences” on social media giants for allowing “foul content” on their platforms.
Facebook looking to change its name as scrutiny damages reputation October 20, 2021 Social media behemoth Facebook intends to rebrand with a new name, it has been reported. A rebrand will be announced next week, according to US tech website the Verge, which cited a source with direct knowledge of the matter. The name change will be addressed at Facebook’s annual Connect conference on October 28 by its [...]
Facebook and Instagram promoting ‘misogyny,’ investigation finds October 18, 2021 Social media giants like Facebook are set to face further questions after a new investigation has revealed platform algorithms actively promote misogynistic content to certain users. Facebook and Instagram users who show signs of hostility towards women online are more likely to then have pages recommended to them that reference sexual violence, disturbing memes about [...]
Nick Clegg reveals Facebook will force children on Instagram to take a break October 11, 2021 Facebook’s Nick Clegg said last night that the social media giant will roll out as range of new features to to help safeguard children on its Instagram platform. The announcement follows allegations Instagram harms children. New functions include prompting teenagers to take a break from using its photo sharing app Instagram, and “nudging” teenagers if [...]
Breakthrough week for historic corporate tax deal: 140 nations including Ireland are on board October 9, 2021 The international community is moving towards sweeping changes to how big multinational companies are taxed to prevent them from stashing profits in offshore havens where they pay little or no tax after 140 countries have agreed to sign the deal. Under the agreement, countries would enact a global minimum corporate tax of 15 per cent [...]