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Facebook, Twitter shares sink as Unilever pulls back ads

Shares of Facebook and Twitter plunged on Friday after consumer goods giant Unilever said it would pull advertisements from the social media platforms in the U.S. for at least the rest of the year

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Facebook to flag 'newsworthy' posts that violate terms, including Trump's

The social network's CEO Mark Zuckerberg responds after a series of advertisers threaten to boycott the site over 'hate speech'.

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Factbox: More U.S. companies join Facebook ad boycott

A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. /Reuters A handful of U.S. companies have pulled advertising from Facebook Inc in support of

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Dow ends 2.8% lower on worries about surging coronavirus cases

Wall Street stocks sank Friday as surging coronavirus cases prompted large U.S. states to impose new public health restrictions, threatening the economic recovery following widespread business shutdo

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As advertisers revolt, Facebook commits to flagging ‘newsworthy’ political speech that violates policy

As advertisers pull away from Facebook to protest the social networking giant’s hands-off approach to misinformation and hate speech, the company is instituting a number of stronger policies to

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Unilever and Verizon are the latest companies to pull their money from Facebook

Advertiser momentum against Facebook’s content and moentization policies continues to grow.Last night, Verizon (which owns TechCrunch) said it will be pausing advertis

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Facebook kills off its cheapest VR headset

Just two years after launch, Facebook announced today that it’s discontinuing the Oculus Go, the least powerful and least expensive virtual reality headset that the company sold.Facebook CEO Ma

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How Reliance Jio Platforms became India’s biggest telecom network

Months after India’s richest man launched his telecom network, his chief rival, Sunil Mittal, was already struggling to contain his frustration in the public.That tycoon Mukesh Ambani would try to wi

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Twitter labels Trump's tweet as 'manipulated media'

Twitter added a "manipulated media" label on a video posted on U.S. President Donald Trump's Twitter feed on Thursday that showed a doctored news clip with a misspelled banner flashing "Terrified

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Facebook pulls Trump ads over Nazi symbol

Facebook on Thursday said it removed ads by President Donald Trump's re-election campaign that contained a symbol used in Nazi Germany for political prisoners. "We don't allow symbols that represent

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Affirming the position of tech advocates, Supreme Court overturns Trump’s termination of DACA

The U.S. Supreme Court ruled today that President Donald Trump’s administration unlawfully ended the federal policy providing temporary legal status for immigrants who came to the country as chi

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Facebook adds option for US users to turn off political ads, launches voting info hub

Beginning today, Facebook users in the U.S. will have the option to “turn off” all political advertising on the platform. The company made the controversial decision not to fact-check or

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WhatsApp brings digital payment to users in Brazil

Facebook's WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payments as they w

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So you want to talk about race in tech with Ijeoma Oluo

“A lot of people denigrate the value of talking about race and racism in technological spaces,” said Ijeoma Oluo, author of So You Want to Talk About Race, which has surged to the top of the New York

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Facebook fires employee who protested inaction on Trump posts

Facebook Inc. fired an employee who had criticized Chief Executive Mark Zuckerberg's decision not to take action against inflammatory posts by U.S. President Donald Trump this month, citing his tweet

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Mark Zuckerberg and Priscilla Chan respond to Chan Zuckerberg Initiative scientists’ open letter on Trump

Mark Zuckberg and Priscilla Chan have penned a response to an open letter sent last week by a group of over 140 scientists who are working on projects funded by the Chan Zuckberberg Initiative. The l

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Facebook’s chief diversity officer will now report directly to Sheryl Sandberg

Amid a heavier focus on race, diversity and inclusion in light of the police killing of George Floyd, an unarmed Black man, Facebook is making its chief diversity officer, Maxine Williams, report dire