Mon, 19 Aug 2019, 7:45 AM
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Topic: Facebook Inc

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The playing field in India’s rapidly expanding market for digital payments is poised to get more crowded as the country races to catch up with China in squeezing out the use of cash, according to the head of the South Asian nation’s payments network.
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Facebook Inc this week confirmed that it ran a program to allow contractors to listen to and transcribe some users’ audio clips, claiming that the only people who were affected were those who agreed to have their audio messages transcribed.
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Facebook users suing the world's largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single sign-on tool, even though it protected its employees, a court filing on Aug 15 showed.
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Microsoft Corp said on Aug 14 it updated its privacy policy to let customers know that it had been collecting voice data of its users with the help of employees and contractors.
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Members of US Congress from both parties called out Facebook Inc on Aug 14 for paying contractors to transcribe audio clips from its users and urged new statutes to tackle the drumbeat of such revelations from across the tech industry.
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India is reviewing an audit report on data practices of WhatsApp Inc to ensure compliance with local rules before permitting a nationwide debut of the Facebook Inc-owned company’s long-delayed payments service.
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Snap Inc unveiled the third – and most expensive – iteration of the company’s video-recording sunglasses on Aug 13.
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US Federal Trade Commission chairman Joe Simons said Aug 13 the agency is interested in hearing complaints alleging that Amazon.com Inc is punishing merchants that offer lower prices on other e-commerce websites.
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The head of the US Federal Trade Commission said he’s prepared to break up major technology platforms if necessary by undoing their past mergers as his agency investigates whether companies including Facebook Inc are harming competition.
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Alphabet Inc's Google unit, Facebook Inc and Amazon.com Inc are among the companies that will testify Monday at a U.S. government hearing on the French government's digital services tax.
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Facebook Inc has been paying hundreds of outside contractors to transcribe clips of audio from users of its services, according to people with knowledge of the work.
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WASHINGTON, Aug 14 ― Alphabet Inc's Google unit, Facebook Inc and Amazon.com Inc are among the companies that will testify Monday at a US government hearing on the French government's digital servic...
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BANGALURU: Facebook Inc is participating in a US$125mil (RM525mil) fundraising for an Indian startup that is aiming to bring more commerce to social networks like, well, Facebook.
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A federal appeals court on Thursday rejected Facebook Inc’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their c...
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Democratic US senators Edward Markey and Richard Blumenthal have written to Facebook Inc questioning whether there was a "worrying pattern" of poor privacy protection for children using its Messenger ...
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SAN FRANCISCO, Aug 3 — Quarterly reports next week from Walt Disney Co, CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the so-called com...
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Facebook Inc’s “Like” button makes third-party websites responsible for processing people’s data under the European Union’s privacy rules, according to the EU’s top court.
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The leader of a new opposition party in Singapore is worried the government may use a recently passed law aimed at blocking fake news to muzzle the group ahead of general elections expected by early 2021.
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Australia said it would establish the world’s first dedicated office to police Facebook Inc and Google as part of reforms designed to rein in the US technology giants, potentially setting a precedent for global lawmakers.
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NEW YORK, July 26 ― Wall Street fell from record highs yesterday following a flurry of downbeat quarterly results from Ford Motor and other companies and after European Central Bank chief Mario Drag...
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Facebook Inc said on July 25 it had erased over 1,800 accounts and pages from Thailand, Russia, Ukraine and Honduras, its latest move to counter deceptive political propaganda and other abuses of its service.
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Facebook Inc will pay a record-breaking US$5 billion (RM20.6 billion) fine toresolve a government probe into its privacy practices and will boost safeguards onuser data, the US Federal Trade Commissio...
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SAN FRANCISCO, July 25 — Facebook Inc said yesterday that new rules and product changes aimed at protecting users' privacy would slow its revenue growth into next year and significantly raise expens...
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Facebook Inc will pay a record-breaking US$5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the US Federal Trade Commission and the socia...
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NEW YORK: The U.S. Department of Justice is investigating whether big technology companies are engaged in anticompetitive behaviour, addressing a rising tide of criticism they have become too powerful to the detriment of consumers
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Facebook Inc's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday.
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Facebook has agreed to pay US$5bil (RM20.61bil) as part of a settlement against allegations is misused user privacy, in relation to the scandal involving Cambridge Analytica.
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WASHINGTON: The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion, two people briefed on the matter said.
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WASHINGTON, July 24 — The Federal Trade Commission is set to announce today that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 b...
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NEW YORK, July 23 ― The S&P 500 climbed toward a record high yesterday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook,...
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NEW YORK, July 22 — US stocks rose today, lifted by technology companies, as investors eyed fresh US-China trade developments during a busy week of corporate earnings with results from marquee names...
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Google is poised to pay a modest US$13mil (RM53.4mil) to end a 2010 privacy lawsuit that was once called the biggest US wiretap case ever.
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CHANTILLY, July 18 — Digital currencies like Facebook’s Libra must be held “to the highest regulatory standards” to ensure they are not used to launder money and that users are protected, a Gr...
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Google’s chief executive officer told US Senator Mark Warner that the company has ended some partnerships in China, the lawmaker said July 16 on Bloomberg Television.
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Amazon.com Inc was challenged by a top US House lawmaker over whether the online retail giant is harming competition as the biggest tech companies faced their harshest antitrust scrutiny in years on Capitol Hill.
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We’re in the heat of the summer blockbuster season, when Walt Disney Co is taking over theatres with releases like Toy Story 4 and live-action versions of Aladdin and The Lion King. There’s another aspect of the season Disney is effectively capturing: summer vacations – and reams of data on the things you do inside its amusement parks.
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WASHINGTON, July 17 — Democratic and Republican lawmakers said yesterday that Facebook Inc's track record of what they described as untrustworthiness should stand in the way of it launching a digita...
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US technology giants are headed for their biggest antitrust showdown with Congress in 20 years as lawmakers and regulators demand to know whether companies like Alphabet Inc’s Google and Facebook Inc use their dominance to squelch innovation.
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WASHINGTON, July 16 — US lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans today, as the project continues to draw intense scrutiny from financial regu...
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US officials approved a record US$5bil (RM20.53bil) privacy settlement with Facebook Inc to resolve the Cambridge Analytica data scandal, people said, prompting an immediate outcry from lawmakers and privacy advocates who said it didn’t go far enough.
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YouTube has a message for thousands of creators who work with the digital video giant: Advertising isn’t the only way to make money.
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An Indonesian minister, known for sinking foreign vessels intruding into the country’s waters, has challenged Mark Zuckerberg to a race after the Facebook Inc founder posted a picture of himself paddling on Lake Tahoe.
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Facebook Inc unveiled new diversity goals on July 9, including an effort to double the number of female employees globally over the next five years, and double the number of black and Hispanic employees in the US.
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NEW YORK, July 10 ― The S&P 500 ended slightly higher yesterday as gains in tech-related shares offset worries about a weakening outlook for earnings.
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NEW YORK: The S&P 500 ended slightly higher on Tuesday as gains in tech-related shares offset worries about a weakening outlook for earnings.
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Five years ago, when activist Max Schrems took Facebook Inc to the European Union’s top court no one knew what to call it.
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A month before the 2016 US presidential election, a rumour spread on Facebook. People were sharing a viral gimmick familiar to email spammers: Copy and paste this message to all your friends, or Facebook will share your private information. The hoax took off, particularly in pockets of the US and the Philippines.
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The UK’s antitrust authority is starting a long-awaited investigation into the dominance of social media giants including Alphabet Inc’s Google and Facebook Inc in digital advertising markets.
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Facebook Inc said on July 3 an issue with uploading or sending media files on its apps and platforms has been resolved.
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NEW YORK, July 4 — Facebook Inc said yesterday an issue with uploading or sending media files on its apps and platforms has been resolved.
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Facebook Inc is under scrutiny by European antitrust regulators who want information on whether the social network uses its size to squeeze smaller rivals.
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Facebook Inc said on Tuesday it was taking steps to reduce promotion of products based on misleading health-related claims.
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In one of the largest malware campaigns to exploit Facebook Inc, a suspected Libyan hacker lured tens of thousands of people into exposing personal information and granting access to personal devices, Israeli cybersecurity company Check Point Software Technologies Ltd said.
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American psychologist Paul Ekman’s research on facial expressions spawned a whole new career of human lie detectors more than four decades ago. Artificial intelligence could soon take their jobs.
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Facebook Inc will ban content that misrepresents the 2020 US census to suppress participation by minority communities, the latest step by the social media company to quell criticism from civil rights advocates.
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Adding advertising to the Explore tab in Instagram could be worth US$1bil (RM4.14bil) in revenue for Facebook Inc by 2021, according to Morgan Stanley analysts.
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Facebook Inc chief executive officer Mark Zuckerberg said on June 26 that Facebook made an “execution mistake” when it didn’t act fast enough to identify a doctored video of US House Speaker Nancy Pelosi last month.
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NEW YORK/LONDON: Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc's Libra token could push cryptocurrencies into the mainstream.
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WASHINGTON, June 25 — US consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25 per cent tariffs on Chinese goods, slowing the US innovation engine, te...
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The advertising industry’s annual gathering on the French Riviera has become a recurring cycle of contrition from technology giants and admonishment from the Mad Men.
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PUTRAJAYA: The Health Ministry's hotline number for the public to forward complaints of people smoking in eateries is now functioning normally again.
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YouTube is considering more changes to how content for kids shows up on the world’s largest video site as criticism mounts that it’s unsafe for children.
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Of the five biggest tech companies in the US, Microsoft is the only one that isn't currently in the crosshairs of US antitrust authorities.
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PETALING JAYA: The Health Ministry will seek a meeting with tech company Facebook Inc over the blocking of its hotline number on WhatsApp for the public to forward complaints of people smoking at eateries.
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Mexican President Andres Manuel Lopez Obrador said he spoke with Facebook Inc's Mark Zuckerberg on June 18, inviting the social media tycoon to partner with him in a bid to promote universal internet access in Mexico.
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The global video and electronic games market will generate US$152.1bil in 2019, up 9.6% over last year as gaming morphs into content and communication, according to a report by gaming analytics firm Newzoo on June 18.
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A leading US House lawmaker on June 18 called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.
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Magic Leap Inc, a US startup that makes a headset to project digital objects onto the real world, accused one of its former engineers of stealing its technology to create his own augmented reality device for China.
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NEW YORK, June 18 — US stock index futures rose today, as more dovish calls from the European Central Bank fuelled expectations of a similar accommodative stance from the Federal Reserve.
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SAN FRANCISCO, June 18 — Facebook Inc revealed plans today to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce a...
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SAN FRANCISCO/NEW YORK: Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.
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Regulators will be watching closely when Facebook Inc unveils its cryptocurrency project this week. Their vigilance is warranted.
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Facebook Inc, Google and Apple Inc are all at risk of hefty fines if the European data protection regulator probing them finds they violated European Union privacy rules.
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Facebook Inc emails appear to show chief executive officer Mark Zuckerberg's involvement in discussions about its much criticised privacy practices, the Wall Street Journal reported on June 12, citing people familiar with the matter.
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Facebook Inc said monthly users to its Watch video service had doubled since December while announcing more partnerships with international broadcasters and publishers in its bid to take on Alphabet Inc's YouTube.
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Bipartisan US efforts to give news outlets new tools to collectively negotiate with large tech firms collecting the bulk online advertising revenue won support on June 11 at a US House Committee hearing on the fate of local journalism.
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A congressional panel conducting a broad antitrust investigation into the nation’s biggest technology companies is starting with scrutiny over how companies like Alphabet Inc’s Google and Facebook Inc have devastated the news industry.
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Facebook Inc plans to release new versions of its Portal video chatting devices this autumn, the company’s vice-president of AR/VR, Andrew Bosworth, said during an interview at the Code Conference in Scottsdale, Arizona.
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Apple Inc will ask developers to position a new 'Sign on with Apple' button in iPhone and iPad apps above rival buttons from Alphabet Inc's Google and Facebook Inc, according to design guidelines released this week.
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The US Internet advertising industry is projected to hit US$160bil by 2023 from US$107bil last year, led by fast-growing categories like mobile video with Alphabet Inc's Google and Facebook Inc firmly controlling the market, consultancy PwC said.
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SAN FRANCISCO, June 7 — Facebook Inc is no longer allowing pre-installation of its apps on Huawei phones, the latest blow for the Chinese tech giant as it struggles to keep its business afloat in th...
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NEW YORK: The arcane topic of antitrust law is getting more attention with the U.S. government gearing up to investigate whether Alphabet Inc's Google, Facebook Inc, Apple Inc, and Amazon.com Inc compete fairly.
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WASHINGTON, June 4 — Apple Inc Chief Executive Tim Cook denied that the company is a monopoly as the US government gears up for a potentially unprecedented probe into whether the iPhone maker and ot...
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Facebook Inc may be ordered to remove offensive content posted by users in the European Union and then also hunt for similar posts anywhere in the world, an adviser to the bloc’s top court said.
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Ad tech firms and publishers have had to stay in the good graces of Google or risk insolvency.
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Apple Inc on June 3 launched a "Sign In With Apple" function to rival Facebook and Google web login accounts, drawing a contrast with rivals by stressing protection of users' information.
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WASHINGTON: The US government is gearing up to investigate whether Amazon, Apple, Facebook and Google misuse their massive market power, sources told Reuters on Monday, setting up what could be an unprecedented, wide-ranging probe of some of the world's largest companies.
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SAN JOSE, June 4 ― Apple Inc yesterday launched a “Sign In With Apple” function to rival Facebook and Google web login accounts, drawing a contrast with rivals by stressing protection of users' ...
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WASHINGTON, June 4 ― The US government is gearing up to investigate whether Amazon, Apple, Facebook and Google misuse their massive market power, sources told Reuters yesterday, setting up what coul...
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Facebook Inc must defend itself in a District of Columbia lawsuit accusing the social network of failing to safeguard users’ personal data and allowing a UK political consulting firm to mine the information for the benefit of Donald Trump’s 2016 presidential campaign.
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A US judge ordered Facebook Inc to give shareholders emails and other records concerning how the social media company handles data privacy, after data for 87 million users was accessed by the British political consulting firm Cambridge Analytica.
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Mark Zuckerberg’s personal security chief has been placed on administrative leave amid allegations that he made racist and homophobic remarks about people including the Facebook Inc founder’s wife.
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Protesters carrying an inflatable angry emoji plan to greet shareholders of Facebook Inc as they gather for the company's annual meeting.
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US House Speaker Nancy Pelosi said that Facebook Inc's refusal to remove a heavily edited video that attempted to make her look incoherent had convinced her the company knowingly enabled Russian election interference.
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Canadian lawmakers fumed on Tuesday when Facebook Inc founder Mark Zuckerberg snubbed an invitation to Ottawa to testify on privacy and democracy before an international panel.
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Microsoft Corp and Facebook Inc have agreed to help boost the security of Canada's October election by removing fake accounts and cracking down on bots, a top government official said.
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A Facebook Inc executive shared that the company wouldn’t remove a manipulated video of US House Speaker Nancy Pelosi.
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The attraction of drones and balloons is they could cost much less than building cell towers in remote areas.
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NEW DELHI, May 24 — Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the political stability it brings, but now they need to see him soften a protection...
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Although Facebook Inc doesn’t sell robots, its researchers use plenty of them – and the company said its machines are getting a lot smarter, a lot faster.