social-media
Record Facebook fine won't end scrutiny of the company
San Francisco, Jul 25 (AP/UNB) — Facebook survived its latest brush with U.S. privacy regulators, at the cost of a record $5 billion fine and other restrictions imposed by the Federal Trade Commission. But it's far from home free.
Facebook won't rule out digital currency launch without US approval
Dhaka, Jul 24 (UNB) - Facebook is facing immense pressure from US regulators over its plans to launch a digital currency, Libra, in association with more than 20 partners including Visa, MasterCard and Uber, reports the BBC.
Dems pan 'Zuck buck,' want Facebook to rein in currency plan
Washington, Jul 18 (AP/UNB) — Facebook endured a second day of criticism from Congress over its plan to create a digital currency as senior House Democrats asked Facebook to scale back the project and threatened legislation that would block big tech companies from getting into banking.
Facebook's currency plan gets hostile reception in Congress
Washington, July 17 (AP/UNB) — Under sharp criticism from senators, a Facebook executive on Tuesday defended the social network's ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users' data.
Facebook's new currency plan under scrutiny in Congress
Washington, Jul 16 (AP/UNB) — Facebook's ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it's shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve.
FTC approves roughly $5B fine for Facebook
Dhaka, Jul 13 (AP/UNB) - The FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal reported Friday. The report cited an unnamed person familiar with the matter.
Man arrested over Baidu boss drenching
Dhaka, Jul 6 (UNB) - Chinese police have arrested a man in connection with an incident that left the boss of tech giant Baidu drenched with water, reports the BBC.
French lawmakers approve 3% tax on online giants
Paris, July 4 (AP/UNB) — France’s lower house of parliament approved Thursday a small, pioneering tax on internet giants like Google, Amazon and Facebook — and the French government hopes other countries will follow suit.
Facebook, Instagram and WhatsApp hit by photo glitch
Dhaka, July 3 (UNB) Some Facebook, Instagram and WhatsApp users cannot upload photos, videos and files.
Facebook posts put Border Patrol on defensive at rough time
San Diego, Jul 3 (AP/UNB) — Before the rise of social media, Border Patrol agents gathered in parking lots at the end of their shifts for what was known as "choir practice" — a chance to share what they saw that day and anything else on their minds.