Facebook will soon be hit by federal and state antitrust lawsuits accusing the social media giant of abusing its dominance and thwarting competition, according to three people familiar with the matter.
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Nick Clegg, Facebook’s vice president of global affairs, called on US President-elect Joe Biden to unite the Internet’s “regulatory planets” of India and the European Union against the influence of China.
Virtual reality start-ups are accusing Facebook of using a familiar playbook to muscle out rivals in what could be the digital platform of the future – prompting a new line of scrutiny from competition enforcers.
Facebook-backed cryptocurrency libra has been rebranded “diem” in a renewed effort to gain regulatory approval by stressing the project’s independence.
Facebook’s libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project.
Apple on Thursday slammed Facebook and other Internet giants for their ad targeting practices in response to a letter questioning a decision by the iPhone maker to delay a new privacy feature.
Twitter is expanding its version of Stories, a product that lets users post photos and videos that disappear after 24 hours, in an effort to encourage more sharing.
Google is building a new campus near Seattle, increasing its presence in a region that is home to Amazon.com and Microsoft.
A representative of US President-elect Joe Biden lashed out at Facebook, alleging that the social media giant is “shredding the fabric of our democracy” in the aftermath of the American election.
Facebook’s WhatsApp will roll out disappearing messages to users this month, which will delete posts in a chat after seven days, mirroring rival platforms such as Signal.