by mujair | Aug 5, 2020 | Business & Finance News
SAN FRANCISCO — As the Chinese-owned video app TikTok works to head off the threat of a ban in the United States, Facebook has sensed opportunity. On Wednesday, Instagram, the photo-sharing app owned by Facebook, released Reels. Just like TikTok, people can use Reels...
by mujair | Aug 1, 2020 | Business & Finance News
The advertiser boycott of Facebook took a toll on the social media giant, but it may have caused more damage to the company’s reputation than to its bottom line. The boycott, called #StopHateForProfit by the civil rights groups that organized it, urged companies to...
by mujair | Jul 29, 2020 | Business & Finance News
Amazon is accused of abusing its role as both a retailer and a platform hosting third-party sellers on its marketplace. Apple has been accused of unfairly using its clout over its App Store to block rivals and to force apps to pay high commissions. Rivals have said...
by mujair | Jul 17, 2020 | Business & Finance News
Last July, the F.T.C. announced a record $5 billion settlement with Facebook over violations of a 2011 consent decree over data abuses. Mr. Simons has said the fine is one of his proudest achievements as the lead member of the F.T.C., but many consumer advocates say...
by mujair | Jul 10, 2020 | Business & Finance News
SAN FRANCISCO — Facebook is considering banning political advertising across its network before the November general election, according to two people with knowledge of the discussions, after facing intense pressure for allowing hate speech and misinformation to...
