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Required 'opt-ins' will squeeze Facebook's ad business as Apple's upcoming iOS 14 update asks consumers for permission to be tracked, the social media giant's CFO reiterated Tuesday, noting other headwinds like a post-Covid spending shift from products to services, and lowering expectations for FB's Ray-Ban smart…

Facebook unveiled commercial agreements with three Australian publishers Friday capping a tense week that saw passage, the day before, of a law recasting how Facebook and Google must approach the use of news content. The next news battleground may be Europe where copyright directives adopted by the bloc are meant to…

Facebook said will invest $1 billion in the global news industry over the next three years but came out swinging Wednesday over its news blackout of Australia, which it reversed yesterday after Aussie lawmakers agreed to modify a proposed law. In a blog post entitled The Real Story of What Happened With News on…

If you want to speak truth to power, then write a story. That was Aaron Sorkin's message at the 2017 WGA Awards when he picked up his Paddy Chayefsky honor. In his speech, he took aim at immigration and climate change policies, among others. So, it's no shock to see him address our freedoms with his Netflix film, The T…

Facebook chief Mark Zuckerberg said the social media giant is taking steps to reduce the amount of political content on its platforms and in its news feeds to channel users to more "healthy communities.” "What we are hearing is that people don't want politics and fighting to take over their experience on our service,&#8221…

Facebook reported strong fourth-quarter financials but spooked markets a bit by warning of advertising headwinds this year — some created by Apple as it mulls stricter privacy controls that could eat into Facebook ad sales. Revenue was $28.1 billion, up 33%. Net profit hit $11.2 billion, or $3.94 a share, up 53%…

Facebook founder and CEO Mark Zuckerberg Thursday banned the account of President Donald Trump indefinitely and for at least the next two weeks for using the platform to “incite violent insurrection against a democratically elected government.” “Following the certification of the election results by Congress, the…

The latest Senate hearing facing the CEOs of Twitter and Facebook played out as expected: Republicans complained that the platforms were too aggressive in their moderation practices, and Democrats suggested that they have been too lenient to control the flow of misinformation. That was particularly true as Sen. Dianne…

With the White House set to shift parties in January, powerful regulatory agencies the Federal Trade Commission and the Federal Communications Commission face sweeping issues with big implications for tech and entertainment, from antitrust and privacy to net neutrality, legal immunity for Internet platforms and…

On Friday, Selena Gomez shared on Instagram Stories a direct message to Facebook leaders Mark Zuckerberg and Sheryl Sandberg, calling them out for their lack of accountability. The influential Gomez has 193 million followers on Instagram (owned by Facebook) and tops 77 million on Facebook itself. She asked Zuckerberg…

UPDATE: Facebook said that it will remove videos in which President Donald Trump recommends that voters in North Carolina cast ballots twice. "This video violates our policies prohibiting voter fraud and we will remove it unless it is shared to correct the record,” a company spokesperson said. On Wednesday, in a visit…

Facebook on Tuesday said it’s tightening requirements for publishers on its platform that are affiliated with political entities – defined as organizations, companies or other groups whose primary purpose is to influence politics, public policy or elections. Affiliated publishers will no longer be exempt from Facebook…