Facebook Inc

Facebook plans to hire 10,000 workers in European Union to build 'metaverse'

In September, Facebook committed USD 50 million towards building the metaverse, where companies like Roblox Corp and "Fortnite" maker Epic Games have an early foothold.

Oct 18, 2021, 07:06 AM IST

Facebook takes down US President Donald Trump's re-election campaign ads featuring Nazi symbol

Facebook Inc said on Thursday it took down posts and ads run by the re-election campaign of US President Donald Trump for violating its policy against organized hate.

Jun 19, 2020, 09:28 AM IST

Facebook's Zuckerberg embraces remote work beyond Silicon Valley

Facebook, which has already said it will stick to plans to hire 10,000 engineers and product employees this year, will also build three new "hubs" in Atlanta, Dallas and Denver where remote workers in those areas could occasionally convene.

May 22, 2020, 07:59 AM IST

Facebook says 'deeply concerned' about Singapore's order to block page

Facebook Inc said it was "deeply concerned" about a Singapore government order to block access to a blog page on its social media website under a controversial fake news law.

Feb 19, 2020, 10:13 AM IST

Facebook warns revenue growth slowing, costs remain high

The news raised concerns that Facebook`s best days were behind it, and shares of the world`s biggest social network dropped 7.2% in extended trading.

Jan 30, 2020, 07:48 AM IST

Instagram hit by outage in several countries

Facebook and Instagram were not immediately available to comment.

Oct 03, 2018, 13:46 PM IST

Uber hires Facebook's product director as its driver product head

Uber has been without a head of driver product since Aaron Schildkrout left in December, after a three-year stint with the company.

Jun 14, 2018, 10:29 AM IST

Facebook suspends 200 apps over data misuse investigation

The apps were suspended pending a thorough investigation into whether they misused any data, said Ime Archibong, Facebook`s vice president of product partnerships.

May 14, 2018, 17:29 PM IST

Facebook to put 1.5 billion users out of reach of new EU privacy law

Facebook members outside the United States and Canada, whether they know it or not, are currently governed by terms of service agreed with the company`s international headquarters in Ireland.

Apr 19, 2018, 12:12 PM IST

Amazon is now second most valuable US listed company, tops Alphabet

Together, Alphabet and Facebook dominate online advertising.

Mar 21, 2018, 07:42 AM IST

Facebook settles lawsuit over 2012 IPO for $35 million

The settlement resolves claims against Facebook, officials including Chief Operating Officer Sheryl Sandberg and director Peter Thiel, and bank underwriters covering a five-day period surrounding the $16 billion IPO, from May 17 to May 21, 2012.

Feb 27, 2018, 07:37 AM IST

Facebook tests splitting its News Feed into two

The Facebook News Feed, the centrepiece of the world`s largest social network service, is a streaming series of posts such as photos from friends, updates from family members, advertisements and material from celebrities or other pages that a user has liked.

Oct 24, 2017, 07:00 AM IST

Facebook to launch new virtual reality headset, Oculus Go

In 2014, Facebook paid $3 billion to acquire Oculus and retain its employees.

Oct 12, 2017, 08:31 AM IST

Facebook takes the next step to monetize WhatsApp

WhatsApp is testing features that would allow businesses to chat with their clients on the app, according to the report.

Sep 05, 2017, 19:27 PM IST

Facebook Watch steps up competition with YouTube for ad dollars

Facebook Inc launched its Watch video service to all users on Thursday with plans to allow anyone to submit shows, as the No. 1 social media network takes on Alphabet Inc`s rival YouTube to boost advertising revenue.

Aug 31, 2017, 18:57 PM IST

Facebook makes new bid for TV viewers with expanded video

Facebook Inc on Wednesday made its biggest move to date to compete in the television market by expanding its video offerings with programming ranging from professional women`s basketball to a safari show and a parenting program.

Aug 10, 2017, 15:44 PM IST

Facebook shares hit record high as mobile ad sales soar

Facebook Inc`s mobile advertising business grew by more than 50 percent in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself as the venue of choice for an ever-growing array of online advertisers.

Jul 27, 2017, 12:07 PM IST

Google redesigns mobile search app with personalized 'feed'

Google on Wednesday announced an overhaul of its search app on mobile phones to include a personalized feed of links about hobbies, travel, sports and other topics, a move that puts the search company into more direct competition with social networks such as Facebook.

Jul 19, 2017, 12:52 PM IST

Facebook to review handling of videos after Cleveland killing

Facebook Inc launched a review on Monday of how it handles violent videos and other objectionable material, saying it needed to do better after a video of a killing in Cleveland remained on its service for more than two hours on Sunday.

Apr 18, 2017, 09:02 AM IST

Facebook shareholders propose reports on 'fake news', pay equality

Shareholders have proposed that Facebook Inc prepare a report on the threat to democracy and free speech from so-called fake news spread on the social media forum, and the dangers it may pose to the company itself, according to a proxy filing made on Friday.

Apr 15, 2017, 11:32 AM IST