Instagram, the photo-sharing app Facebook acquired for $715-million in 2012, generated more than a quarter of the social media company’s revenue last year, according to people familiar with the matter.
Browsing: Mark Zuckerberg
Mark Zuckerberg used to want everyone to like Facebook Inc. Now, he doesn’t care anymore.
Facebook’s growth is slowing, adding pressure to a company facing more restrictive privacy regulations and continued scrutiny from global lawmakers and antitrust officials.
US Democratic presidential candidate Joe Biden has called for the repeal of section 230, part of a US law that protects internet companies from liability for content their users post online.
China’s ByteDance created one of the country’s rare global hits with the addictive video app TikTok. Now the US government is threatening that success as officials in Washington warn the service presents a security threat.
Facebook is building its own operating system software to decrease its future dependence on rivals like Apple and Google, owners of the world’s most popular mobile operating systems.
Comedian Sacha Baron Cohen has labelled social media companies “the greatest propaganda machine in history”, accusing Facebook, Google and others of facilitating hate on their sites.
Facebook has unveiled a new corporate logo which will be stamped across its family of apps in its latest move to bring its various platforms under one roof.
Twitter CEO Jack Dorsey tweeted on Wednesday that the company will ban all political ads, delivering a jab to Facebook, which has come under fire for the way it’s handled advertising by candidates.
A senior Chinese foreign-exchange regulatory official called for “special attention” to be paid to blockchain as the nation looks to gain advantages from digital finance.