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".
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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.
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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
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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.
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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.
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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.
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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.
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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.
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