Tag: facebook
Facebook launches scam ad initiative, prompted by Martin Lewis
The Citizens Advice Scams Action team will review reports submitted in the UK (Facebook/PA) Fresh efforts to tackle scam ads across Facebook are set to be introduced in the UK today, following action from MoneySavingExpert's Martin Lewis. A specially trained team has been tasked with investigating alerts raised by the…
Facebook fined $5 billion over Cambridge Analytica privacy violations
The US Federal Trade Commission has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal has reported. Facebook declined to comment on the story which said the 3-2 vote broke along party lines, with Republicans in support and Democrats in opposition to the fine. The FTC…
US launches probe into France’s proposed tax on tech giants
The White House is launching an investigation into France’s proposed tax on internet giants including Google, Amazon and Facebook, in a move that could lead to US taxes on French imports. US Trade Representative Robert Lighthizer expressed concern that the tax, expected to be passed by the French Senate on Thursday, “unfairly targets American companies”.…
Facebook to launch experimental apps to test new features
Facebook is to release experimental apps to the public as part of new product development plans. The social media giant said it would launch “small, focused apps” based on “entirely new experiences” through its New Product Experimentation (NPE) developer team. The company said the apps will be available on Apple’s App Store, Android and the…
Libra cryptocurrency users don’t have to trust Facebook, says social media giant
Facebook will not control the new Libra cryptocurrency it has launched or the network around it, the social media giant’s lead on the project has said. David Marcus said Facebook will have no “special rights or privileges” around Libra or the Calibra digital wallet linked to it, as he defended the company’s new project. The…
Facebook takes action against bogus health content
Facebook is taking action against bogus health content and sensational miracle cures on its platform by reducing their visibility, the company has confirmed. The social network said that it started ranking health posts differently by factoring two indicators to minimise low-quality health posts from appearing on the News Feed last month. It now considers whether…
Facebook offers digital skills training to armed forces veterans
Facebook is to provide digital skills training to more than 300 armed forces veterans when the social network holds a community event in London on Wednesday. The social media firm will hold a series of panel discussions and training sessions for veterans at Boost With Facebook For The Armed Forces Community, which it hopes will…
Molly Russell’s father says there isn’t a ‘tech-lash’ against Facebook
Facebook will not have a long-term future if it does not tackle the harmful material which can be found online, the father of a 14-year-old who took her own life has warned. Ian Russell said there is not a tech-lash – or a backlash against technology firms - and there is not an overreaction amid…
Sir Nick Clegg reiterates calls for greater tech regulation
Facebook’s head of global affairs Sir Nick Clegg has reiterated his belief that increased regulation of tech firms can not be done solely by the internet companies themselves. Sir Nick said it should not be left to a private company to “decide who is or isn’t a legitimate participant in an election” and has called…
Facebook to launch Libra cryptocurrency and digital wallet next year
Facebook has confirmed it is to launch a cryptocurrency next year – backed by the likes of Mastercard, Visa and PayPal – which will allow people to move money from their smartphone. The currency is known as Libra, which the social network says it has “no special role” in governing and will manage the reserve…