Items tagged with (NASDAQ:FB)

Policing the world's largest social playground in which there are nearly 2 billion monthly active users must be a rather daunting task. This is the Internet, after all, where many people feel empowered to say inappropriate things and act in a manner that is completely different than how they might act in real life. Underscoring this challenge is an in-depth company handbook that exists at Facebook, parts of which have been leaked to the web sparking a controversy. Through thousands of slides and pictures, Facebook illustrates to employees what should be done when encountering hate speech, violent... Read more...
Facebook is feeling the burn today thanks to actions taken by the European Union. The company came under fire both at home and abroad when it announced last year WhatsApp would begin sharing user information with its parent (which just so happens to be Facebook). This flew in the face of comments that WhatsApp made when Facebook acquired the company in March 2014. With this in mind, the EU has decided to fine Facebook for its transgressions, which include “providing incorrect or misleading information” during the European Commission’s investigation into the merger. Getting to the nitty gritty,... Read more...
Imagine for a moment if British forces never arrived at Lexington and Concord over 240 years ago. The colonial militia would have accused Paul Revere of spreading fake news after his infamous midnight ride to warn patriots of the advancing redcoats. It did not play out that way, of course, but had he lived in an era of fake news, who knows what might have happened. More than two centuries later, the proliferation of bogus news is fast becoming an epidemic, especially on Facebook, which is taking more steps to combat the problem. Through a new update that was rolled out yesterday, Facebook said... Read more...
Facebook is preparing for election season in the United Kingdom. The social media giant claims to have detected and deleted tens of thousands of “fake news” accounts. Facebook also plans to run advertisements in British newspapers about how to spot fake news sites. Simon Milner, Facebook’s director of policy in the United Kingdom, remarked, “People want to see accurate information on Facebook and so do we. That is why we are doing everything we can to tackle the problem of false news. We have developed new ways to identify and remove fake accounts that might be spreading false news so that we get... Read more...
Critics had a lot of good things to say about Henry, a short film based around the first original character designed for virtual reality. The protagonist is a less-than-cuddly hedgehog who is lonely and in search of friendship, and he captured the hearts of viewers. Henry ended up winning an Emmy award for Outstanding Original Interactive Program, though despite its success and that of other projects, Oculus has decided to shut down the studio that was pioneering these efforts. This will not happen overnight. Oculus said it is amidst a shift in which it is "winding down Story Studio," which it... Read more...
Over the last handful of months, Facebook has been working aggressively to tackle some important issues with the service, some of which are mere annoyances, and others more severe in nature. On one hand, for example, the company aims to eradicate "fake news" from our feeds, and on the other, it's putting into place measures to help detect suicidal users. Another major issue Facebook is going to be focusing more effort on is live video used for malicious or upsetting content. This news follows an incident last month where an elderly gentleman had his life cut short by someone dealing with his own... Read more...
Are you addicted to Words with Friends or Pac-Man? Now you can play the games directly in Facebook Messenger. Facebook just announced that it will be rolling out its “Instant Games” platform for Messenger worldwide. Facebook introduced Instant Games this past November in the United States. The program primarily brought retro games like Galaga to Facebook Messenger. Instant Games is a HTML5-based cross-platform gaming experience, and can be accessed through traditional web browsers, the mobile web, and apps. According to Facebook, Instant Games were played 1.5 billion times in the past 90 days.... Read more...
It is often said in regards to free online services such as Facebook that if you are not paying for a product, then you are the product. Fair enough, but that does not mean there are no lines that can be crossed. Facebook seems to have stepped over one with a sophisticated algorithm that lets advertisers target teenagers during vulnerable states, such as when they are feeling "insecure" or "worthless." This came to light when The Australian got its hands on a confidential 23-page Facebook document outlining how the world's largest social playground is able to identify "moments when young people... Read more...
One might assume that some of the world's largest tech companies would be far too sophisticated to fall for the most generic of web scams, but lest we forget that these same companies are also staffed by real humans that can make mistakes. Unfortunately for some, though, those slip ups can cost other people a lot of headaches and money. Case in point: Google and Facebook. From the attorney's office from the southern district of New York, we learn of a Lithuanian man named Evaldas Rimasauskas that managed to scam a staggering $100 million out of Google and Facebook directly, and it... Read more...
It’s been three years since Facebook first acquired Oculus, which at the time seemed like a rather curious purchase. Over the years, we’ve seen that Facebook is putting an increasing focus out virtual reality (VR) and devices like the Oculus Rift serve as the perfect hardware platform to take the plunge with early adopters/enthusiasts. That focus on Oculus Rift is expanding today with the announcement that Facebook Spaces is launching in beta form. Facebooks Spaces is a separate VR app that allows you to interact with your friends “in a fun, interactive virtual environment as if you were in the... Read more...
Silicon Valley is pushing back against Washington D.C., and for good reason. A lobbying group representing tech titans such as Google, Facebook, Twitter, Amazon, and Microsoft recently released a document in favor of net neutrality. The Internet Association (IA) indicated that it supported the 2015 Open Internet Order. The IA’s report stated, “The internet industry is uniform in its belief that net neutrality preserves the consumer experience, competition, and innovation online. Consumers want and need their internet experience preserved and protected, regardless of the legal or regulatory mechanism.”... Read more...
It seems as though Facebook has been continually improving its Messenger platform over the past few months with little tweaks here and there. All of these feature additions are coming for a good reason — Facebook needs to feed the beast. Facebook’s David Marcus just announced that Messenger now has over 1.2 billion active users per month. “I keep on hearing powerful stories about how our product is becoming a more important part of your daily lives,” said Marcus. “So from all of us here at Messenger, a heartfelt thank you to all of you for giving us a chance to build something good and more meaningful... Read more...
Facebook’s “M” AI assistant is getting even more powerful, and will leverage that power to provide “suggestions” as you use the increasingly popular Messenger app (over 1 billion active users per month). Facebook has been testing M’s interactions with Messenger on a “small percentage” of its users, and we are now seeing the fruits of that labor. At its core, M is a machine learning AI assistant that scans your chat sessions with friends or family, and then provides relevant actions that you can either choose to interact with or completely ignore (you can also shut it off completely). Some of these... Read more...
Palmer Luckey is leaving Facebook. The Oculus co-founder came up with the Rift and is largely responsible for popularizing VR. Now he departs the world's largest social network three years after selling his company to Facebook. Today will be his last day on the job. Publicly, the parting of ways between Luckey and Facebook is amicable, with Facebook putting out a statement wishing him well. "Palmer will be dearly missed," Facebook said in a statement. "Palmer’s legacy extends far beyond Oculus. His inventive spirit helped kickstart the modern VR revolution and build an industry. We’re thankful... Read more...
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