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Setback for Mark Zuckerberg, US IRS sues Facebook for $9 billion in unpaid taxes
Thu, Feb 20, 2020
Facebook told the court that it valued only $6.5 billion in 2010 but the IRS begged to differ, saying the social media giant "knowingly undervalued itself while selling off its intellectual property to a new company based in Ireland to avoid paying US corporation tax".
Facebook invests in Indian education startup Unacademy
Thu, Feb 20, 2020
Facebook joined General Atlantic, Sequoia India and others for a fresh $110 millions round of funding into education technology start-up Unacademy.
Twitter acquires Chroma Labs founded by Facebook veterans
Wed, Feb 19, 2020
Chroma Labs` co-founders include Instagram `Boomerang` inventor John Barnett, CTO Alex Li, who was an engineering manager on Facebook Photos and Instagram Stories, and Joshua Harris who was a product design manager on Facebook`s augmented reality team.
Facebook cancels San Francisco summit on coronavirus fears
Sat, Feb 15, 2020
Facebook Inc said on Friday it had canceled its global marketing summit scheduled for next month in San Francisco due to coronavirus-related risks.
Today Business News: Facebook may have 275 mn duplicate accounts globally
Thu, Feb 13, 2020
Today Business News: According to Facebook, a duplicate account is one that a user maintains in addition to his or her principal account.
How many users are there on WhatsApp? 2 billion, or 25 pct of global population!
Wed, Feb 12, 2020
Over 25 per cent of the world's population -- or two billion people globally -- now uses WhatsApp. In February 2018, Facebook CEO Mark Zuckerberg had said WhatsApp had 1.5 billion monthly active users (MAUs) who are exchanging nearly 60 billion messages on a single day. India is among the biggest markets for WhatsApp
Facebook's Twitter, Instagram accounts hacked!
Sat, Feb 08, 2020
The official Twitter accounts of Facebook and its messaging app Messenger were hacked and the cybercriminals posted messages from both the platforms.
Facebook most affected brand for phishing attempts
Fri, Feb 07, 2020
"Cybercriminals are using a variety of attack vectors to trick their intended victims into giving up personal information and login credentials or transferring money," said Maya Horowitz, Director, Threat Intelligence and Research, Check Point Software Technologies.
Facebook, Instagram users just copy friends' eating habits
Fri, Feb 07, 2020
"If we believe our friends are eating plenty of fruit and veg we`re more likely to eat fruit and veg ourselves. On the other hand, if we feel they`re happy to consume lots of snacks and sugary drinks, it can give us a `licence to overeat` foods that are bad for our health, said Hawkins.
Facebook will remove content with misinformation about coronavirus
Sat, Feb 01, 2020
When it comes to the spread of misinformation in a public emergency situation, social media takes the limelight for all the wrong reasons. With the World Health Organisation (WHO) declaring coronavirus a public health emergency, Facebook announced the steps it is taking to stop the spread of misinformation about the virus. Facebook third-party fact-checkers will review content and debunk false claims related to coronavirus. Content with false claims or conspiracy theories will also be removed from the official blog notes. False cures or prevention methods such as drinking bleach to cure coronavirus have also been doing the rounds of the internet. Facebook will block or restrict such content and related hashtags used to spread misinformation on Instagram as well. It will lead users to appropriate information through relevant posts from verified partners on top of the News Feed. When users search for related terms on Facebook or Instagram, it will show a pop-up with credible information.
Mark Zuckerberg: India drives us to roll out WhatsApp Pay globally
Thu, Jan 30, 2020
"On payments, we`re focused in different places with different products. For things like Instagram and even a lot of what we`re doing on Facebook, it`s a lot more developed countries. For WhatsApp, it`s the biggest countries on WhatsApp. So countries like India and Mexico and Brazil and Indonesia will make up a large part of the community on WhatsApp," he elaborated.
Facebook to pay $550 mn over its facial recognition technology
Thu, Jan 30, 2020
"Biometrics is one of the two primary battlegrounds, along with geolocation, that will define our privacy rights for the next generation," Edelson PC founder and CEO Jay Edelson said in a press release.
Alert! Many apps are sharing your data with Facebook - How to check full list and delete data
Wed, Jan 29, 2020
Ever since the social media platforms have become an integral part of our lives, several arguments have emerged about their security. Every other day we come across incidents where personal information was compromised on a social media platform.
WhatsApp users alert! Only two days left - App to stop working on these iOS, Android smartphones from 1st Feb
Wed, Jan 29, 2020
Whatsapp users alert! Android and iOS users have only two days left to update their smartphones and ensure that they continue to have WhatsApp access. WhatsApp is set to end support for some Android and iOS smartphones from 1st February 2020.
Jeff Bezos phone hacking: Facebook blames Apple OS, says WhatsApp can't be hacked
Mon, Jan 27, 2020
Days after a report claimed that Amazon boss Jeff Bezos' smartphone was hacked in 2018 through a WhatsApp message, Facebook has blamed Apple operating system for the same, claiming that its messaging platform cannot be hacked.
New WhatsApp feature: Dark Mode is finally here! Here is how it works
Wed, Jan 22, 2020
Over the last 12 months, we have come across several reports claiming that WhatsApp is working on a Dark Mode for both iOS and Android smartphones. The feature is being tested by the instant messaging platform for a while and has now made its way to the real world.
Facebook steps up Australia bushfires relief efforts
Thu, Jan 16, 2020
Facebook has announced to match up to AU$1 million in donations made to non-profit organisation GlobalGiving and donating $250,000 to the Australian Red Cross towards bushfires relief efforts.
Global Markets: Facebook share price hits record high, signaling recovery after an extended historic slump
Sat, Jan 11, 2020
Facebook briefly rose 0.72% to touch $219.88 (168.41 pounds) at mid-day, its highest level ever, before giving up the day`s gains to finish down 0.11%. The stock on Thursday achieved a record closing high, topping the last record close seen on July 25, 2018.
Facebook CEO Zuckerberg drops annual challenges to focus on longer-term goals
Fri, Jan 10, 2020
Facebook Inc Chief Executive Officer Mark Zuckerberg said on Thursday he was dropping his annual challenges this year to take a longer-term focus on the decade ahead.
Going on WhatsApp? Here is what you will get to see now; this is reason why
Thu, Jan 09, 2020
If you made an account on WhatsApp this year i.e. post January 1, you must have been welcomed by a banner that reads - WhatsApp from Facebook. The banner has been added for all the users who have registered on WhatsApp in the New Year.