Bar-a-Lago: Facebook to review Trump ban January 21, 2021 Facebook’s independent oversight board will review the company’s decision to ban former US president Donald Trump’s social media accounts. Both Trump’s Facebook and Instagram profiles will remain suspended while the review is underway, the company announced. In the first move of its kind, Mark Zuckerberg’s company suspended the former president earlier this month in the [...]
Mark Zuckerberg ‘accepts’ Facebook may have to pay more tax in Europe February 14, 2020 Facebook boss Mark Zuckerberg says he recognises that tech giants may to have pay more tax in Europe in future. The social media giant’s founder said he understood the “frustration” surrounding the issue and backed plans from think tank, Organisation for Economic Co-operation and Development, to find a global solution. Facebook and other tech giants [...]
Facebook confirms launch of own cryptocurrency June 19, 2019 | City Talk By Gary McFarlane from interactive investor. The social media giant announces its own cryptocurrency, called ‘Libra’ that aims to be ‘global money’. Facebook (NASDAQ:FB) has announced Libra coin, a cryptocurrency that aims to be global money and is set to launch in early 2020. A new app is joining the Facebook family called Calibra (https://calibra.com/), which will act as [...]
Mark Zuckerberg survives shareholder revolt at annual Facebook meeting May 30, 2019 Facebook founder Mark Zuckerberg has survived a shareholder revolt which sought to strip him of his chairman title, and reduce his monopoly over the firm's controlling shares. Zuckerberg owns 60 per cent of Facebook's voting shares, and acts as both its chief executive and chairman. Other motions, which requested the breakup of Facebook as a [...]
Facebook ‘finalising its own Globalcoin cryptocurrency’, which could launch in March next year May 24, 2019 Facebook is in the final stages of planning the launch of its own cryptocurrency in 2020 which has been dubbed Globalcoin, according to reports. The social media giant, which has thus far steered clear from world of crypto trading, could set up a digital payments system in around a dozen countries as soon as March next [...]
Facebook co-founder joins chorus of voices to break up the company May 9, 2019 Facebook co-founder Chris Hughes has echoed calls to break up the social media giant amid a rise in anti-trust and data privacy concerns surrounding big tech. Hughes, a former roommate of chief executive Mark Zuckerberg, called his power "unprecedented and un-American" in an opinion piece for the New York Times. "We are a nation with [...]
Facebook taps London talent for its global Whatsapp payments drive May 7, 2019 Facebook has chosen London as the global centre of a payments push for messaging platform Whatsapp, as the capital gains another boost in tech workers and post-Brexit confidence. Whatsapp, which is owned by Facebook, will hire around 100 people in an expansion of its workforce by about a quarter, the Financial Times first reported. Read [...]
DEBATE: Could Mark Zuckerberg’s Facebook omnipotence be coming to an end? May 7, 2019 Could Mark Zuckerberg’s Facebook omnipotence be coming to an end? Greg Consiglio, chief operating officer at Connectt, says YES. Facebook was originally set up to connect friends who share interests, primarily through a news feed that users controlled. Now, algorithms dictate the user experience, and with feeds more crammed than ever, what once was fun and informative [...]
Facebook ditches blue design as CEO Mark Zuckerberg throws focus on privacy May 1, 2019 Facebook has ditched its trademark blue banner as it re-centres its tools around privacy following a year dogged by data scandals. Chief executive Mark Zuckerberg last night revealed plans to up his social network's focus on private messaging and groups, with a raft of redesigned features to pivot the platform towards a more private experience. [...]
Amazon boss Jeff Bezos tops list of Silicon Valley’s best performing tech CEOs April 30, 2019 Amazon’s share price has risen by 83 per cent year-on-year, making boss Jeff Bezos the US’s best performing tech chief executive. The online shopping platform’s share price has jumped $69.53 on average per year during Bezos’ 22-year reign as Amazon’s chief executive. Read more: Investigator accuses Saudi Arabia of hacking Jeff Bezos's phone In 1997, which [...]