Facebook has had the worst day in stock market history as shares plunged 19 percent, wiping $119 billion off the company's value.
Thursday was the social media giant's worst day in six years as a public company, as well as the biggest one-day wipeout in US stock market history.
CEO Mark Zuckerberg Read More
Facebook will end an experiment that removed professional news posts from users’ News Feed in six countries, after months of criticism that the “downright Orwellian” move was increasing fake news and misinformation on the platform.
Adam Mosseri, Facebook’s head of News Feed, said in a blogpostannouncing the change that the experiment had been motivated Read More
Facebook has banned all advertising for cryptocurrencies because they are “frequently associated with misleading or deceptive promotional practices”.
The company added the rule to its advertising policies on Tuesday, in an update to its list of “prohibited content”.
“We want people to continue to discover and learn about new products and services Read More
Mark Zuckerberg announced a major overhaul of Facebook’s News Feed algorithm that would prioritize “meaningful social interactions” over “relevant content” on Thursday, one week after he pledged to spend 2018 “making sure that time spent on Facebook is time well spent”.
The social media platform will de-prioritize videos, photos, and posts Read More
Amid unceasing criticism of Facebook’s immense power and pernicious impact on society, its CEO, Mark Zuckerberg, announced Thursday that his “personal challenge” for 2018 will be “to focus on fixing these important issues”.
Mark, who made the new year resolution had in previous year pledged to learn Mandarin, run 365 miles, Read More
Facebook will now send an alert any time a photo of you is uploaded to the social network even if you aren’t tagged in it. The company has used facial recognition since 2010 to suggest who should be tagged in a photo
Now, it feels so confident it can identify your Read More
Starting this week, Facebook will begin demoting spammy or “engagement bait” posts that goad users into taking actions like sharing, tagging, liking, or commenting. Posts which prompt users to “Tag a friend who likes to nap!” seem popular because they game Facebook’s algorithms, which causes Facebook to prioritize those posts Read More
Facebook will create 800 new jobs in London over the next year, increasing its UK workforce by more than 50%, as it opens a new office in the capital on Monday.
The US tech giant has had offices in the UK for 10 years, but its expansion marks a vote of Read More
People with suicidal tendencies have to be taken care of. They are the very people who are on the verge of giving up and that’s where we come in, we, as humans need to help them. Now, the question is how do we detect if someone is suicidal or not. Read More
Facebook announced on Monday that it bought tbh, a teen-focused anonymous polling app.
The app is still relatively small, with 2.5 million active users according to TechCrunch. But Facebook's acquisition of it makes perfect sense when you look at this handy chart first created by Product Hunt's Niv Dror, who tweeted Read More