Zuckerberg blasts Elizabeth Warren’s plan to break up Facebook and says it’s an ‘existential’ threat
Facebook CEO Mark Zuckerberg addressed the company’s challenges in two hours of leaked audio from internal meetings published in part by The Verge on Tuesday. The audio from two July Q&A meetings with employees provides a glance into Zuckerberg’s thoughts on key issues facing his company while not under the spotlight of press cameras or […] Read more
With the U.S. 2020 presidential election looming, Facebook on Tuesday said it will not fact check or remove content posted posted by politicians even if it is in violation of the company’s rules. The company will treat speech from politicians as newsworthy content that should be seen and heard, wrote Nick Clegg, Facebook’s vice president […] Read more
Facebook takes another crack at smart home market with Portal TV, combining video chat and streaming
Facebook on Wednesday unveiled a new video chat and streaming device called Portal TV, as the social network pushes to seek traction in the smart home market. The device comes with a camera and microphones and allows users to make video calls from their televisions over WhatsApp and Facebook Messenger, as well as to stream […] Read more
France is taking aim at big U.S. tech firms again — this time in the direction of Facebook’s proposed cryptocurrency libra. Speaking at an OECD conference in Paris Thursday, French Finance Minister Bruno Le Maire said libra would put the sovereignty of governments at risk. “All these concerns around libra are serious. So I want […] Read more
WeWork’s parent company, the We Company, made a splash earlier this week with the release of its much-anticipated IPO prospectus. The company’s S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber’s IPO in May. It’s also filled with unusual […] Read more
U.S. President Donald Trump once again lashed out at Anthony Scaramucci, claiming that “nobody ever heard of” the former White House communications director “until he met me.” “Nobody ever heard of this dope until he met me. He only lasted 11 days!” Trump wrote in a nighttime Twitter post. Trump and Scaramucci — who was […] Read more
The former chief executive officer of Cisco told CNBC that Facebook is at a crossroads and must make proactive changes to sustain growth in the face of increased regulatory scrutiny. John Chambers, who led Cisco for two decades including during the dot-com crash, said the social media giant needs to work aggressively to rebuild trust […] Read more
For people living in the developed world, electricity is something that can perhaps be taken for granted — with the flick of a switch or the press of a button they have lighting, TV and a huge number of other modern conveniences. Yet many people do not enjoy the same benefits. In sub-Saharan Africa, for […] Read more
This year as executives from the world’s biggest brands and ad agencies gathered on the French Riviera for the annual Cannes Lions advertising festival, Facebook and Google, which control the majority of all digital advertising, are facing unprecedented scrutiny. Governments around the world are looking to hold these two giants — called the “digital duopoly” […] Read more
This year as executives from the world’s biggest brands and ad agencies gather for the annual Cannes Lions advertising festival, Facebook and Google, which control the majority of all digital advertising, are facing unprecedented scrutiny. The largest companies in the industry teamed up to announce a new “Alliance for Responsible Content” at this year’s festival. […] Read more
