Social Network
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Facebook Targets Europe For Hiring Drive
2021-10-18 16:30:01 UTC
Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives.
The company said in a blog post Sunday that those h...
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Facebook Shuts Down Its News Feeds in Australia
2021-02-18 04:52:21 UTC
<p>SYDNEY (Reuters) - Australians woke to empty news feeds on their Facebook Inc pages on Thursday after the social media giant blocked all media content in a surprise and dramatic escalation of a dispute with the government over paying for content.</p><p>The move was swiftly criticised by news producers, politicians and human rights a...
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Wall Street Is Paying Attention to Reddit
2021-01-27 23:06:28 UTC
(Reuters) - Dennis Dick, a professional stock trader in Las Vegas, reads the site Seeking Alpha before work and keeps up to the minute throughout the trading day by watching Twitter, but last weekend he also joined a group on the popular online discussion board Reddit “because I need to know what’s going on.”
“I joined it to be able...
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Stock Trading on Social Media: Reddit’s “Wallstreetbets” Drives Giant Hedge Funds to Heavy Losses
2021-01-27 23:06:52 UTC
(Reuters) - Retail traders scored against professionals on Wednesday as hedge funds Citron and Melvin retreated with heavy losses on short positions in GameStop in the week-long battle between Wall Street and Main Street, with more calling for scrutiny of anonymous stock trading posts on social media.
Funds sold long positions in st...
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India to Ban TikTok and 58 Other Chinese Apps
2021-01-25 22:13:03 UTC
(Reuters) - India’s ministry of electronics and information technology has issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June, Indian media reported late on Monday.
When it first imposed the ban, the Indian government gave the 59 apps a chance to explain their position on compl...
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Apple Suspends Right-Wing App 'Parler' From App Store
2021-01-10 18:27:06 UTC
(Reuters) - Apple Inc has suspended Parler from the App Store, saying the social networking service had not taken adequate measures to prevent the spread of posts inciting violence.
Apple had given the service 24 hours to submit a detailed moderation plan, pointing to participants using the service to coordinate Wednesday’s siege of...
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Donald Trump Permanently Suspended From Twitter
2021-01-09 00:54:09 UTC
Twitter banned President Donald Trump’s account Friday, citing “the risk of further incitement of violence.”
The social platform has been under growing pressure to take further action against Trump following Wednesday’s deadly insurrection at the U.S. Capitol. Twitter initially suspended Trump’s account for 12 hours after he posted ...
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Twitter Suspended US President Trump From Posting to Their Platform
2021-01-07 18:35:09 UTC
San Francisco (AP) — In an unprecedented step, Facebook and <a href="https://twitter.com/TwitterSafety/status/1346970430062485505" rel="noopener noreferrer" target="_blank">Twitter suspended President Donald Trump</a> from posting to their platforms Wednesday following the storming of the U.S. Capitol by his supporters.</p><p>Twitter l...
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A New Social Media Platform With Incredible Features
2021-01-10 19:02:05 UTC
<p><a href="https://glogat.com/signup" rel="noopener noreferrer" target="_blank"><strong>Glogat is a free social media platform</strong></a> that not only offers a way to stay connected globally, but also provides a number of useful features, such as blogging, video calls, livestreaming and sections to create news, videos and business ...
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Brexit: Facebook to Move UK's User Data to California
2020-12-16 06:47:29 UTC
<p>SAN FRANCISCO (Reuters) - Facebook Inc will shift all its users in the United Kingdom into user agreements with the corporate headquarters in California, moving them out of their current relationship with Facebook’s Irish unit and out of reach of Europe’s privacy laws.</p><p>The change takes effect next year and follows ...
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U.S. Govt Accuses Facebook of Abusing Its Market Power to Crush Competitors
2020-12-09 23:53:02 UTC
WASHINGTON (AP) — The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging services.
The landmark antitrust lawsui...
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Trump Might Ban Alibaba in U.S.
2020-08-15 23:54:54 UTC
<p>BEDMINSTER, N.J. (Reuters) - U.S. President Donald Trump said on Saturday during a press conference that he was “looking into” whether Chinese technology giant Alibaba should be banned in the United States. </p><p>Trump has been piling pressure on Chinese-owned companies, such as by vowing to ban short-video app Tik...
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Facebook: White Nationalist Groups Attacks on 'Black Lives Matter'
2020-07-06 02:22:28 UTC
CHICAGO (AP) — A loose network of Facebook groups that took root across the country in April to organize protests over coronavirus stay-at-home orders has become a hub of misinformation and conspiracy theories that have pivoted to a variety of new targets. Their latest: Black Lives Matter and the nationwide protests of racial injustice...
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Facebook Will Start Labeling Newsworthy Content That Violates its Policies
2020-06-28 00:46:17 UTC
(Reuters) - Facebook said on Friday it will start labeling newsworthy content that violates the social media company’s policies, and label all posts and ads about voting with links to authoritative information, including those from politicians.
A Facebook spokeswoman confirmed its new policy would have meant attaching a link on voti...
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Twitter: Trump Violates Our Policy Against Abusive Behavior
2020-06-23 22:11:12 UTC
(Reuters) - Twitter Inc on Tuesday placed a warning notice on a tweet from U.S. President Donald Trump which threatened “serious force” against protesters in the U.S. capital, saying it violated the company’s policy against abusive behavior.
“There will never be an ‘Autonomous Zone’ in Washington, D.C., as long as I’m your Presiden...
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User's Data: Facebook Must Comply With an Order by Germany’s Antitrust Watchdog
2020-06-23 19:51:33 UTC
BERLIN, Germany (Reuters) - Facebook must comply with an order by Germany’s antitrust watchdog to curb data collection from users, a top German court ruled on Tuesday, in a setback for the U.S. social network company that could set a wider precedent.
The Federal Court’s stay order, which suspends a decision by a lower court, backs t...
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Facebook Pulls Down Trump Ads Over Symbol Used By Nazis
2020-06-19 01:25:16 UTC
<p>WASHINGTON (AP) — Facebook has removed campaign ads by President Donald Trump and Vice President Mike Pence that featured an upside-down red triangle, a symbol once used by Nazis to designate political prisoners, communists and others in concentration camps.</p><p>The company said in a statement Thursday that the ads violated ...
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Irish PM: Charging Google, Facebook for Media Content Is 'A Good Idea'
2020-04-26 07:11:05 UTC
DUBLIN (Reuters) - The Irish government should consider copying Australia’s plan to force Facebook Inc (FB.O) and Alphabet Inc’s (GOOGL.O) Google to share advertising revenue with local media, Prime Minister Leo Varadkar said on Friday.
Companies like Google, Facebook and Twitter “are sort of free riders on costs incurred by other p...
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Twitter Strikes Deal with Silver Lake, Elliott to keep Jack Dorsey as CEO
2020-03-10 20:02:41 UTC
San Francisco — Twitter says it’s reached an investment deal with Silver Lake and Elliott Management that will keep Jack Dorsey as the social media company’s CEO.
Twitter Inc. said Monday that Silver Lake will make a $1 billion investment in the company. That money, along with cash on hand, is expected to be put toward a $2 billion ...
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Hunt for Shoppers: Luxury Brands Raising Stakes on Instagram
2019-06-07 16:10:35 UTC
PARIS (Reuters) - Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from dance-fuelled fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers.
Without the entry barriers of magazine advertising - where a one page glossy ad can cost...
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Facebook Bans White Nationalism and Separatism on Its Platforms
2019-03-27 18:01:14 UTC
<p>(Reuters) - Facebook Inc on Wednesday announced a ban on praise, support and representation of white nationalism and separatism on its social media platforms, furthering its efforts to tackle hate speech. </p><p>These bans will be enforced next week, the social media giant said in a blog <a href="https://newsroom.fb.com/news/20...
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Chinese Company to Sell Popular Dating App Grindr
2019-03-27 17:54:06 UTC
(Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.
The Committee on Foreign Investment in the United States (...
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Wikileaks Tells Media to Stop Spreading Falsehoods About Assange
2019-01-07 01:25:59 UTC
LONDON (Reuters) - WikiLeaks on Sunday advised journalists not to report 140 different “false and defamatory” statements about its founder Julian Assange, who has been holed up in the Ecuadorean embassy in London since June 2012.
It was not immediately clear what prompted the advice to media organizations, but WikiLeaks singled out ...
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Facebook says hackers accessed data from 29 million accounts
2018-10-12 17:50:55 UTC
NEW YORK (AP) — Facebook says hackers accessed data from 29 million accounts as part of the security breach disclosed two weeks ago.
The exact number hadn’t been known before. Originally Facebook said 50 million accounts could have been affected, but Facebook didn’t know if they had been misused.
The hackers accessed name, email ...
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Dominated by men: Amazon scraps tool that showed bias against women
2021-12-22 19:38:15 UTC
SAN FRANCISCO (Reuters) - Amazon.com Inc’s (AMZN.O) machine-learning specialists uncovered a big problem: their new recruiting engine did not like women. The team had been building computer programs since 2014 to review job applicants’ resumes with the aim of mechanizing the search for top talent, five people familiar with the effort t...