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 ISTFacebook 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 ISTFacebook'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 ISTFacebook 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 ISTFacebook 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 ISTInstagram hit by outage in several countries
Facebook and Instagram were not immediately available to comment.
Oct 03, 2018, 13:46 PM ISTUber 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 ISTFacebook 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 ISTFacebook 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 ISTAmazon is now second most valuable US listed company, tops Alphabet
Together, Alphabet and Facebook dominate online advertising.
Mar 21, 2018, 07:42 AM ISTFacebook 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 ISTFacebook 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 ISTFacebook 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 ISTFacebook 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 ISTFacebook 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 ISTFacebook 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 ISTFacebook 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 ISTGoogle 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 ISTFacebook 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 ISTFacebook 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