Singapore state investor Temasek joins Facebook's Libra project

SINGAPORE (Reuters) – Singapore state investor Temasek Holdings has joined the Facebook-backed Libra digital currency project which has faced intense scrutiny from global regulators worried its launch could erode national control over money. The entry of Temasek, which latest figures show has a portfolio value of just over S$300 billion ($210 billion), was announced by the Switzerland-based Libra Association, the […]

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Facebook reports spike in takedowns of hate speech, terrorism

SAN FRANCISCO (Reuters) – Facebook Inc on Tuesday reported a sharp increase in the number of posts it removed for promoting violence and hate speech across its apps, which it attributed to improvements made to its technology for automatically identifying text and images. The world’s biggest social media company removed about 4.7 million posts connected to organized hate organizations on […]

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Facebook to allow employees to work remotely until year end

(Reuters) – Facebook Inc said on Friday it would allow its workers who are able to work remotely to do so until the end of the year as the coronavirus pandemic forces governments to extend stay-at-home orders to curb the spread of the disease. The social media giant also expects most offices to stay closed until July 6, according to […]

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Facebook reveals members of its 'supreme court' for content

SAN FRANCISCO (AFP) – Facebook on Wednesday (May 6) announced the first members of its independent “supreme court” empowered to make binding decisions about what content should be allowed or removed at the social network and Instagram. The oversight board is to make final decisions regarding the kinds of posts known to embroil Facebook in controversy about censorship, misinformation or […]

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Facebook names first members of oversight board that can overrule Zuckerberg

(Reuters) – Facebook Inc’s (FB.O) new content oversight board will include a former head of state, a Nobel Peace Prize laureate and several constitutional law experts and rights advocates in its first 20 members, the company announced on Wednesday. The independent board, which will be able to overturn Facebook and its CEO Mark Zuckerberg’s decisions on whether individual pieces of […]

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Facebook says it dismantles disinformation network tied to Iran's state media

LONDON/SAN FRANCISCO (Reuters) – Iran’s state broadcaster has used hundreds of fake social media accounts to covertly spread pro-Iranian messaging online since at least 2011, targeting voters in countries including Britain and the United States, Facebook said on Tuesday. In a monthly report of accounts suspended for so-called “coordinated inauthentic behaviour”, Facebook said it had removed eight networks in recent […]

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Justin & Hailey Bieber Debut New Series On Facebook!

Hot on the trail of Justin Bieber‘s YouTube series Justin Bieber: Seasons, comes a new series from JB and Hailey Bieber on Facebook. And the first episode is already out! The couple are teaming up with Facebook Watch for their new show, The Biebers on Watch, a short-form series filmed with GoPro cameras in Toronto where they are currently quarantining. […]

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Facebook, beating revenue estimates, sees signs of stability in ad spending

(Reuters) – Facebook Inc (FB.O) beat analysts’ estimates for quarterly revenue on Wednesday and said it has seen “signs of stability” for sales in April after a plunge in March, in yet another indication that tech giants may weather the coronavirus-induced economic collapse better than other sectors. The company said advertising revenue was roughly flat in the first three weeks […]

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U.S. appeals court asks why Facebook encryption order should stay sealed

SAN FRANCISCO (Reuters) – Federal appeals court judges asked prosecutors on Tuesday why a lower court could seal a ruling that absolved Facebook from having to wiretap a criminal suspect using one of the company’s encrypted services. All three members of the 9th U.S. Circuit Court of Appeals reviewing the matter had tough questions for the U.S. Justice Department’s support […]

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