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On Tuesday, Facebook Inc. saw their biggest daily gain in almost two years as its CEO, Mark Zuckerberg, fended off questions from US senators on how to closely regulate the world’s largest social network. The chief executive repeated the apologies that were made on Monday about the problems that have […]
For the first time on Friday, Facebook Inc. backed proposed legislation that would require social media websites to reveal the identities of those who purchase online political campaign ads. The social network also introduced a new verification process for buyers of ‘issue’ ads, which have previously been used for sowing […]
On Monday, Facebook announced that it will open three new centers in Europe for training people in digital skills. The social media giant said that in the next two years, it would train around one million people as part of its move to show how it contributes to the bloc. […]
Alphabet Inc.’s Google, Twitter Inc. and Facebook Inc. are all under pressure to regulate the news content that can be posted on their respective platforms, which has made them reluctant judges of what content can be true, hateful or misleading. This kind of strategy is not in favor of these […]
Facebook Inc. said that it could be on the hook to pay additional taxes between $3 billion and $5 billion due to the result of an Internal Revenue Service investigation into the overseas transfer of assets by the social networking company. In a quarterly filing made on Thursday, the company […]
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