Facebook Live viewership jumped 50% as entertainment and culture moved online once the lockdown restrictions were put in place.
Facebook asked a federal court to dismiss major antitrust cases filed by the US FTC and nearly every US state, saying they failed to show the company had a monopoly or harmed consumers
Facebook has asked a court to dismiss state and federal antitrust lawsuits that accuse it of abusing its market power in social networking to crush smaller competitors. The social media giant said Wednesday that the complaints do not credibly claim" that its conduct harmed either consumers or market competition. The antitrust suits, filed in December by the Federal Trade Commission and 48 states, are seeking remedies that could include a forced spinoff of the social network's popular Instagram and WhatsApp services. As we said when the FTC and the state attorneys general announced these lawsuits, people around the world use our products not because they have to, but because we make their lives better," Facebook said in a statement. The FTC suit asserts that Facebook has engaged in a "systematic strategy to eliminate its competition, including by purchasing smaller up-and-coming rivals like Instagram in 2012 and WhatsApp in 2014. New York Attorney General Letitia James, in announcin
The legislation would make America the next front in the news industry's war against FB and Google
Instagram Lite will be available for Android-based phones and require less bandwidth than the traditional version
Over 4,400 URLs from Facebook and Twitter were blocked by the government in 2020 under Section 69A of the IT Act, Parliament was informed on Wednesday
A new law in Australia that mandates Facebook and Google to pay news publishers might inspire similar legislation in other countries. To what degree will it solve news industry's revenue problem?
A US panel focused on antitrust will hear from three witnesses who represent a range of news organisations with concerns about how big tech platforms like Facebook increasingly dominate their industry
For long, activists and governments have been prompted to demand greater transparency and accountability from Facebook, WhatsApp, Twitter and other social media behemoths
Zuckerberg is aiming to introduce more realistic digital avatars for users of virtual reality headsets with eye and face tracking, in order to create a better social experience into the device
Facebook Inc said on Monday it was testing a feature on Instagram that allows some content creators in India to share short video clips, known as reels, on their Facebook accounts
The efforts betray the nervousness of a government unable to sell its 'positive' governance narrative at home and abroad
Thailand's Prime Minister Prayuth Chan-ocha says he has assigned the Royal Thai Army to carry out a probe
The contest is fierce as regulator Reserve Bank of India is expected to give just one or two licenses, as implied in its notification inviting bids
The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country
Under the new rules, the timeline of stipulated 90 days for Facebook's action will start when the board takes up a case for review
Fintech player Infibeam is also involved in the effort, the report said
Facebook and Twitter said they are studying the rules; Experts question compliance with PDP Bill
The Oversight Board last month made 17 recommendations, based on the six cases, for Facebook to improve its content moderation
The commercial agreements are subject to the signing of full agreements within the next 60 days, a Facebook statement said