Not all platforms are suitable for all users. Social media has allowed for mass cultural exchange and intercultural communication. But, every social media platform has its own taste, theme and purpose for its users. There is sufficient criticisms of social media ranging from criticisms of the ease of use of specific platforms and their capabilities,…
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Facebook slapped £50.5 million fine over enforcement order breach
LONDON, UK: Facebook has been fined £50.5 million for breaching an order imposed by the CMA during its investigation into Facebook’s purchase of Giphy. It is standard practice to issue an initial enforcement order (IEO) at the start of an investigation into a completed acquisition. This ensures that companies continue to compete with each other…
Facebook reports online cyber espionage campaign by hackers in Iran
HOUSTON: Facebook blocked a “sophisticated” online cyber espionage campaign conducted by hackers in Iran attempting to surveil western military, defence and aerospace personnel via its platform. According to Facebook, a known group of Iranian hackers known as Tortoiseshell created fake online personas such as defence employees and recruiters on its platform to trick victims into…
Facebook launches financial education initiative for women-led businesses in Pakistan
KARACHI, PAKISTAN: Facebook is expanding its women-empowerment focused initiative, ‘SheMeansBusiness’ to bolster financial inclusion and resiliency of women-led businesses in Pakistan, a news release said. Implemented in partnership with State Bank and the USAID Small and Medium Enterprise Activity (SMEA), the program’s new component, ‘Business Resilience through Financial Education (BRFE)’ aims at improving financial management…
Amazon Inc. invests on U.S. lawmakers; faces demands to disclose plastic footprints
Amazon Inc. is under fire with reports appearing the tech and retail giant spent $4.8 million on U.S. lawmakers to cover anticompetitive practices amid demands from shareholders that the company reveal its plastic footprint. Alphabet Inc.’s Google and Amazon.com Inc., spent millions on lobbying in the first quarter of 2021 as they face heightened scrutiny…
Facebook to launch new business discovery process
NEW YORK: Facebook will enable stories scheduling for both Facebook and Instagram, along with a new business discovery process from the News Feed. “People already discover businesses while scrolling through News Feed, and this will make it easier to discover and consider new businesses they might not have found on their own,” Facebook in an…
Facebook to spend $1 billion to license material from news publishers
HOUSTON: Social media giant, Facebook would spend at least $1 billion to license material from news publishers over the next three years. Facebook is facing scrutiny from governments around the world over paying for news content that appears on their platforms, WSJ reported. The spending plans are in addition to $600 million that Facebook paid…
VR Education’s ENGAGE to be available on Facebook Oculus store
LONDON: VR Education Holdings plc announced that the Group’s flagship ENGAGE platform will be officially supported and made available on the Facebook Oculus store during the course of 12 November 2020. Up until this point users who wished to use the platform had to download the installation file from the Group’s own website and side…
Facebook hosts Hello Pakistan with Pakistan’s authorized sales partner Dial Zero
KARACHI: Facebook hosted a virtual launch event to introduce Dial Zero, their Authorized Sales Partner for Pakistan, to the local market. Both companies discussed this first of its kind partnership for the country along with educating attendees about Facebook’s various new services being offered for local businesses including localised account management, local billing in Pakistan…
Thomson Reuters announces two new leadership appointments to drive innovation and integration
TORONTO: Thomson Reuters announced the appointment of two key executives to the leadership team under Steve Hasker, president and CEO of Thomson Reuters. “I am pleased to welcome Kirsty Roth as our Chief Operations and Technology Officer, and David Wong as our new Chief Product Officer,” said Hasker. “As a business whose customers truly value…
AHF to pull $2M in Facebook ads if CEO Zuckerberg fails to act on hate postings
LOS ANGELES: AIDS Healthcare Foundation (AHF), the largest global nonprofit AIDS organization, issued an ultimatum to Facebook founder and CEO Mark Zuckerberg with a July 4th deadline to act swiftly with steps to prevent hate speech on its social media platform postings and ads or AHF will pull its advertising dollars and join the growing…
Facebook selects ENGAGE to accelerate VR adoption
LONDON: VR Education, a leading virtual reality (VR) technology company focused on the education and enterprise training space, announced that the Group’s ENGAGE platform has been selected by Facebook for its Oculus Independent Software Vendors (ISV) programme. The Oculus ISV programme works with enterprise developers and software companies to engage with Oculus in order to…