Tag: NASDAQ:FB

Technology Stocks

HmbBfDI Tells Facebook, Inc (NASDAQ:FB) To Stop Processing Personal Data Of WhatsApp Users In Germany

The Hamburg Commissioner for Data Protection and Freedom of Information (HmbBfDI) directed Facebook, Inc (NASDAQ:FB) not to process privacy data of WhatsApp users in Germany. As a result, Facebook cannot collect private information for three months. The new order is issued to protect the freedoms and rights of several users […]

Technology Stocks

Facebook, Inc (NASDAQ:FB) To Undergo A Competition Probe After The Acquisition Of Giphy

Britain’s competition regulator wants to probe Facebook, Inc (NASDAQ:FB) acquisition of GIF site Giphy. The antitrust regulators undertook an in-depth investigation to conclude that the deal posed competition concerns. The watchdog to become more vigilant After coming across evidence, the watchdog has become more vigilant, showing that Giphy intends to […]

Technology Stocks

Facebook Inc. (NASDAQ:FB) Introduces Instagram Lite App For Users In Low Connectivity Areas In 170 Countries

Facebook Inc. (NASDAQ:FB) has announced the launch of a revamped Instagram Lite app for emerging markets that will allow users in low connectivity areas to use most of the platform’s video and photo sharing features. The launch comes after almost three years of planning, and the Instagram Lite will only […]

Technology Stocks

Facebook, Inc. (NASDAQ:FB) Is Working On A Social Audio App: Expects To Introduce A Copy Of Clubhouse Soon: Mark Cuban Competes Using Its Fireside

Facebook, Inc. (NASDAQ:FB) is well known for stealing ideas from its competitors. The social media giant is reportedly set its eyes on social audio after its CEO – Mark Zuckerberg participated in a room of Clubhouse to discuss the future of AVR (Augmented Virtual Reality). Mark has shown interest in […]

Technology Stocks

Facebook, Inc. (NASDAQ:FB) Ups Ante Against Apple Inc (NASDAQ:AAPL) For Its Restrictive Policies On Third-Party App Developers

Facebook, Inc. (NASDAQ:FB) plans to file a lawsuit against Apple Inc (NASDAQ:AAPL) for adopting restrictive policies on third party app developers. Setback for Spotify and Facebook Facebook accuses Apple of its anti-competitive practices and says gives preference to its apps in the App store to improve its bottom line. It […]

Business

Facebook Inc.’s (NASDAQ:FB) Support for Review of Section 230 Worrying for Small Websites

Facebook Inc. (NASDAQ:FB) has indicated that there is a need to reconsider the legal immunity from lawsuits over users’ posts. However, this position leaves smaller websites concerned regarding the cost of accepting increased responsibility for what users post on their platforms. Trump wants Section 230 repealed In recent weeks Facebook […]

Technology Stocks

Facebook Inc. (NASDAQ:FB) Under Probe By The Trump Administration For Reserving Top Jobs For Foreigners

Facebook Inc. (NASDAQ:FB) faces a lawsuit from the Trump administration, claiming that the social media giant has been reserving high-paying positions for immigrants with temporary H-1B visas. According to the Justice Department, the complaint stated that the company reserved jobs for foreigners. It sponsored the immigrants for permanent residency instead […]