Facebook sued: Data protection trial opens in Vienna as 25,000 users seek damages for privacy violation April 9, 2015 A Vienna court yesterday started hearing a class action lawsuit against Facebook over the social media giant’s alleged violations of European privacy laws. However, the first, four-hour, session was bogged down by Facebook’s lawyers, who presented a long list of procedural objections to the court. The suit has been brought by law student Max Schrems, [...]
Facebook makes new friends as it doubles its London HQ March 31, 2015 Silicon Roundabout? What Silicon Roundabout? Far from fleeing to the east, Facebook has just doubled its capacity at its Euston Road headquarters, signing a lease for the top seven floors of Regent's Place. The Evening Standard reported the social media company has taken 65,000 sq ft – which is also the London base of Manchester City [...]
Facebook just unveiled a messaging app for businesses March 25, 2015 Facebook is looking to bring make business a social experience, with Business on Messenger. Unveiled today at Facebook’s F8 conference in San Francisco, it describes itself as enhancing “communications and interactions between people and business." The idea is that customers can maintain relations with companies during after the commercial transactions. Facebooks said: People can have [...]
It’s the economy, stupid… At least for Londoners on Facebook March 23, 2015 The economy was the most talked about election topic in London over the first 10 weeks of 2015, new data from tech giant Facebook has revealed. Overall though it was health that dominated general election conversations across the country. The NHS was the most talked about election-related topic in 377 of 650 constituencies, including those [...]
Facebook clicks like on its new friend in TV advertising – Brand Index March 17, 2015 With 1.3bn users worldwide, you could be forgiven for thinking that Facebook was not in urgent need of an advertising campaign. However, for the first time in the UK, that is exactly what it has launched. In mid-February, the social media titan rolled out TV adverts as part of a wider campaign, highlighting the nature [...]
Facebook now lets you send money to friends via Messenger app March 17, 2015 Facebook is making a move into the ever growing mobile payment and money transfer space by letting users send money to friends via its Facebook Messenger app. Facebook users simply need to register a Visa or Mastercard debit card the first time they use the service, and then create a pin for added security or use [...]
UK information requests from Facebook rise 16pc to 4,416 March 16, 2015 Whitehall is making more requests for citizens’ personal information, Facebook reported yesterday. The social media giant’s Global Government Requests Report for the second half of 2014 said: “The vast majority of these requests relate to criminal cases, such as robberies or kidnappings.” Requested data ranged from “basic subscriber information, such as name and length of [...]
The non-bank of Facebook, AliBay, and AI: The future of global fintech March 5, 2015 The global fintech industry has seen some remarkable developments since we launched Level39 two years ago. But what of the future? I’d like to suggest two possibilities for what might happen, and challenge one that, contrary to some current thinking, I don’t think will. FACEBOOK: THE NON-BANK BANK More than any other social media platform, [...]
Facebook boss Mark Zuckerberg’s 5 best quotes from Mobile World Congress March 4, 2015 Facebook boss Mark Zuckerberg has been answering audience questions at the Mobile World Congress in Barcelona. From issues surrounding free speech to what it takes for someone to get hired at Facebook Zuckerberg faced a mix of tough and softball questions. Here are the five best quotes from Zuckerberg's answers: 1. Answering what Facebook looks for [...]
2015 Forbes’ billionaires list: Bill Gates joined by Facebook’s Mark Zuckerberg, Uber’s Travis Kalanick and Snapchat’s Evan Spiegel March 2, 2015 While Forbes’ list of billionaires is topped by the usual suspects – Microsoft founder Bill Gates, business magnate Carlos Slim and investment guru Warren Buffett – young tech entrepreneurs are hot on their heels. Facebook founder Mark Zuckerberg joined the top 20 for the first time with an estimated fortune of $33.4bn (£21.7bn), placing him [...]