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Google and Facebook risk big fines under draft Australian news law

Facebook has previously warned it might block Australian news content rather than pay for it.

WhatsApp adds 'carts' feature to improve in-app shopping experience

Previously, WhatsApp has stated that more than 175 million people message a WhatsApp Business account every day.

Australia to make Facebook, Google pay news outlets for content

The law amounts to the strongest check of the tech giants' market power globally

Australia pushes laws to make Facebook, Google pay news outlets for content

Australia finalised plans to make Facebook and Google pay its media outlets for news content, a world-first move aimed at protecting independent journalism

Zuckerberg should know a Facebook without hate makes business sense

Facebook already has the necessary tools to stop accentuating partisanship and to cut down on misinformation.

Trump govt sues FB for keeping jobs for H-1B visas, disfavouring US workers

The Trump administration claims Facebook is discriminating against US workers by designating thousands of positions for foreigners with temporary H-1B visas

Facebook to remove false claims, conspiracy theories about Covid vaccines

Amid growing misinformation on social media, Facebook plans to remove posts with what they consider to be false information or conspiracy theories about Covid-19 vaccines

More than 40 states plan to file lawsuit against Facebook next week: Report

The complaint would be the second major lawsuit filed against a Big Tech company this year. The Justice Department sued Alphabet Inc's Google in October

Facebook cryptocurrency project Libra changes name to Diem Association

Facing regulatory backlash worldwide, the Libra Association has decided to change its name to Diem Association in a bid to reinforce its organisational independence

As world grapples with tech monopolies, can India's hard cap be a solution?

The country's unique approach is to decree limits on fintech competitors from the start

Canada plans digital tax in 2022 on global tech giants such as FB, Google

The new tax would come into effect on Jan. 1, 2022, and remain in place until a common approach is agreed upon

Facebook nears deal to buy chatbot startup Kustomer at about $1 bn: Report

Facebook Inc is close to buying Kustomer in a deal that would value the customer-service and chatbot startup at about $1 billion, the Wall Street Journal reported on Monday

Facebook crypto Libra to launch as early as Jan but scaled back: Report

The Geneva-based Libra Association that will issue and govern Libra reportedly plans to launch a single digital coin backed by the dollar

United Kingdom to hit Google and Facebook with tougher competition rules

UK government on Friday said it will set up an antitrust unit to introduce and enforce a new code to govern the behaviour of platforms that currently dominate the market, such as Google and Facebook.

Britain to curb Google and Facebook with tougher competition rules

Google and Facebook dominate digital advertising, accounting for around 80% of 14 billion pounds spent in 2019, Britain's competition regulator the CMA said

South Korea fines Facebook $6.1 mn for sharing users' info without consent

South Korea's information watchdog PIPC said Facebook violated the country's personal information law by sharing personal information of users with other companies without their consent

Facebook tweaked News Feed to show more mainstream news: Report

Facebook made a change in its News Feed algorithm after the US presidential election, to favour top news publishers so that trustworthy and quality content can be pushed ahead on its platform

Characteristics of bubbles

There is no reason why the potential bubble in tech stocks will pop anytime soon

NITI Aayog CEO Amitabh Kant flags fake Facebook account in his name

Niti Aayog CEO Amitabh Kant on Monday said someone has opened a fake Facebook account in his name. "Someone has opened a fake account in my name & is sending out Requests. This is a case of impersonation. Request you not to respond and report it as a spam," Kant said in a Facebook post.

Instagram adds new branded content capabilities on its platform

Branded Content ads in Stories can now include tappable elements, such as @mentions, location and hashtags