Whistleblowers say takedowns were used as leverage, Facebook disagrees

A whistleblower group claims Facebook allowed a news ban affect vital services to gain leverage.

Last year, Facebook had a TikTok problem. This year, it has several. The Chinese-owned video app is eating Mark Zuckerberg’s social network from the inside, first by luring its users and now by challenging Facebook as a news source too. One way that’s showing up is in slowing revenue and barely-there user growth. If Zuckerberg wants to beat TikTok, he’ll have to quickly copy it.

Facebook hasn’t ruled out blocking news on its platform in Canada over the Liberal government’s news revenue-sharing bill, a company executive told MPs Tuesday. Rachel Curran, the public policy manager for Canada at Meta, Facebook’s parent company, was asked at a parliamentary committee whether the company could repeat what it did in Australia last year in response to similar legislation, when it temporarily prohibited news content on Facebook.

Investors respond positively to Meta's latest figures as daily active user numbers grow by more than the market had expected though the company cautions that Russia's war in Ukraine has added to the downbeat sentiment among advertisers.

“We do not have an adequate level of control and explainability over how our systems use data,” Facebook engineers say in leaked document.

You thought Facebook was powerful? To Meta’s CEO, the fact that his products have usually sat on platforms he didn’t control has long been a frustration.

Facebook parent Meta Platforms will charge creators around 47.5 percent on sales of digital assets and experiences made inside the company's virtual reality platform Horizon Worlds.

Apple has responded to Meta's plan to take a nearly 50% commission for digital asset purchases made inside the metaverse after complaining about fees in the App Store, calling the decision hypocritical.

Facebook’s parent, Meta, revealed this week that a core business goal in developing a virtual-reality “metaverse” is to make money from digital transactions. Now the company is ac…

It's an expensive job keeping Mark Zuckerberg safe. Meta spent a record $26.8 million on security and private jets for Zuckerberg and his family in 2021, according to a company filing with the Securities and Exchange Commission (SEC). That's up from $25 million in 2020 and $23 million in 2019.

Meta, the parent company of Facebook, is still planning to create a digital currency, according to a new report from the Financial Times. The news comes after Facebook was said to have abandoned its cryptocurrency plans this past February—a project originally called Libra when it was first announced in June of 2019, but rebranded as Diem after getting scrutiny from politicians around the globe.

Meta Platforms Inc on Wednesday suspended a network of over 400 accounts, pages and groups ahead of general elections in the Philippines as the Facebook parent moves to crack down hate speech and misinformation.

They’re one of a few finance projects in the works at Meta.

Facebook users around the world have been waking up to find themselves locked out of their accounts for no apparent reason. The message many received reads: "Your Facebook account was disabled because it did not follow our Community Standards. This decision can't be reversed." One user told the BBC there was no warning or explanation given.

Facebook used to buy up competitors or replicate their success. Now a Washington Post report has revealed Meta is using a consulting firm to launch a media smear campaign against TikTok as it loses its grasp on teen users.

A new report has found that Facebook failed to detect blatant hate speech and calls to violence against Myanmar’s Rohingya Muslim minority years after such behavior was found to have played a determining role in the genocide against them.

Australia has launched legal action against Facebook's parent company Meta, alleging it allowed scam ads to target users with fake celebrity endorsements. The tech giant had engaged in "false, misleading or deceptive conduct" by knowingly hosting the ads for bogus cryptocurrencies, a regulator said.

Mark Zuckerberg’s Metaverse will be full of opportunity, and entrepreneurs are already finding ways to financially benefit from it. But it comes with significant risk. And the risks associated with this new technology should scare you.

The two-factor authentication system appears to be glitching.