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More than 1.5 billion people worldwide use Facebook every day. Since there are so many people using this site, most businesses do, as well. After all, what better way to get your products and services in front of a huge (and growing) audience? As social media grows in popularity for businesses, many social experts are advising how to […]
Automation and Jobs Read our latest special issue. Open Now (Reuters) – Facebook won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent. The social media company had in July raised its settlement offer […]
Plus, YouTube, Reddit, Mailchimp, and Amazon, too. August 9, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. In 2018, an estimated 1.8 […]
VB Transform Watch every session from the AI event of the year On-Demand Watch Now At the “Online Platforms and Market Power” virtual antitrust hearing today, the House Judiciary Committee questioned Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg, and Google CEO Sundar Pichai over Webex. But they weren’t all questioned […]
(Reuters) — Advertisements for more than 400 brands, including Coca-Cola and Starbucks, are due to vanish from Facebook on Wednesday after the failure of last-ditch talks to stop a boycott over hate speech on the site. U.S. civil rights groups have enlisted the multinationals to help pressure the social media giant into taking concrete steps […]
(Reuters) — Organizers of a Facebook advertising boycott campaign that has drawn support from a rapidly expanding list of major companies are now preparing to take the battle global to increase pressure on the social media company to remove hate speech. The “Stop Hate for Profit” campaign will begin calling on major companies in Europe […]
(Reuters) — Facebook said on Thursday it took down posts and ads run by the re-election campaign of U.S. President Donald Trump for violating its policy against organized hate. The ads showed a red inverted triangle, a symbol the Nazis used to identify political prisoners, with text asking Facebook users to sign a petition against […]
(Reuters) — Several U.S. civil rights groups called upon some of the world’s largest companies to pause advertising on Facebook in July, saying the social network is not doing enough to stop hate speech on its platforms. The groups, which include the National Association for the Advancement of Colored People (NAACP) and the Anti-Defamation League […]
In May, the same week Facebook announced Shops, a way for businesses to set up online stores for customers across Facebook, WhatsApp, Messenger, and Instagram, the tech giant detailed the AI and machine learning systems behind its ecommerce experiences. Facebook said its goal is to one day develop an assistant that can serve up product […]
(Reuters) — Facebook will start labeling Russian, Chinese, and other state-controlled media organizations, and later this summer it will block any ads from such outlets that target U.S. users, the company said on Thursday. The world’s biggest social network will apply the label to Russia’s Sputnik, Iran’s Press TV, and China’s Xinhua News, according to […]
AppsFlyer announced it can measure the results of in-app advertising on Facebook gaming campaigns, tracing the growth of revenue associated with a group of users for an app or game to the advertisement that attracted them. By doing this, ApsFlyer and the Facebook Audience Network are able to calculate the return on advertising spending for […]
(Reuters) — Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday. The cost, which Facebook and Giphy declined to disclose, was placed at around $ 400 million by news website […]
Facebook today reported earnings for its first fiscal quarter of 2020, including revenue of $ 17.74 billion, and net income of $ 4.9 billion, compared to revenue of $ 15.1 billion, and net income of $ 2.43 billion in Q1 2019. Year-over-year revenue is up 17%. Facebook earnings beat analyst estimates that predicted Facebook would […]
(Reuters) — Facebook has removed “pseudoscience” as an option for advertisers that want to target audiences, a category that was available until this week even as the world’s largest social media network vowed to curb misinformation about the COVID-19 pandemic. The company has also paused the availability of some other interest categories while it evaluates […]
(Reuters) — Australia will force Facebook and Alphabet’s Google to share advertising revenue with local media firms, the country’s treasurer said on Monday, becoming one of the first countries to require digital platforms to pay for content they use. Treasurer Josh Frydenberg said the move comes after talks with Facebook and Alphabet failed to yield […]