FB employees oppose Zuckerberg’s no-holds policy for politicians, say free and paid speech are not same

indica News Bureau Several hundred Facebook employees have signed a letter to founder-CEO Mark Zuckerberg and other members of the management team criticizing the company’s decision to let politicians post any claims—even false ones—in ads on the site without any checks. In a strong statement, the employees reminded Zuckerberg, who has been citing the First […]

Zuckerberg to testify before US Congress over Libra

IANS- Facebook CEO Mark Zuckerberg will testify before the US House of Representatives on October 23 to discuss concerns over his ambitious digital currency ‘Libra’ that has run into rough weather. Zuckerberg will be grilled by lawmakers and regulators during the Q&A session at the US House Financial Services Committee The Facebook CEO will be […]

US lawmakers ask Facebook to freeze project Libra

IANS-   In a new letter sent to Facebook executives, US lawmakers are officially asking the social networking giant to cease all development of its Libra cryptocurrency, the media has reported. Under Facebook subsidiary Calibra, the social networking giant has planned to introduce a digital wallet for Libra. The wallet will be available on Messenger, […]

Facebook invests in Indian startup Meesho

IANS-   In its first-ever equity investment in an Indian start-up, Facebook on Thursday, June 13, announced an investment in Meesho, a platform that enables Indian entrepreneurs to establish online businesses via social channels. Although the social networking giant did not disclose the amount, the move by Facebook is seen as a commitment to the […]

Google top spender on lobbying in US: Report

IANS- Tech giant Google spent $21.7 million on lobbying efforts last year to influence lawmakers as the government and regulators sought great scrutiny from tech companies related to users’ privacy and unfair market practices. According to a CNBC report on Sunday, Google has been the top spender on lobbying for two consecutive years. “Amazon and […]