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Facebook Now Has an Almost Advertising-Only Business Model

Facebook Now Has an Almost Advertising-Only Business Model

Facebook’s growth into a digital advertising power is showing a flip side: The social network is more dependent than ever on the cyclical ad market, even as its rival Google finds new revenue streams in hardware and software. Facebook reported on Wednesday that 98% of its quarterly revenue came from advertising, up from 97% a [...]

May 6, 2017 Loknath Das Business Comments Off on Facebook Now Has an Almost Advertising-Only Business Model

Facebook Hands Swedish Prosecutors Footage in Gang Rape Case

Facebook Hands Swedish Prosecutors Footage in Gang Rape Case

Swedish prosecutors investigating a suspected gang rape and its broadcast via Facebook Live said on Friday they had received a copy of the footage from the US social media company. Prosecutors earlier this month charged two men with raping a woman in January, and a third with the crime of “grave defamation” by streaming it [...]

April 1, 2017 Loknath Das Technology Comments Off on Facebook Hands Swedish Prosecutors Footage in Gang Rape Case

Facebook beats Wall Street’s growth estimates

Facebook beats Wall Street’s growth estimates

From the spread of fake news to a nasty court fight in Texas, it has been a rough few months for Facebook. But company executives can take heart in two things: Despite an audience nudging toward two billion users, more and more people are still flocking to the service, and more and more advertisers are [...]

February 3, 2017 Saheli Business Comments Off on Facebook beats Wall Street’s growth estimates

Facebook loses $500m Oculus virtual reality case

Facebook loses $500m Oculus virtual reality case

A US court has ordered Facebook and other defendants to pay $500m (£395m) after finding they unlawfully used a firm’s virtual reality technology. The jury found Oculus, which Facebook bought in 2014, used computer code belonging to video game developer Zenimax to launch its own VR headset. Oculus said it was “disappointed” and would appeal [...]

February 2, 2017 Saheli News Comments Off on Facebook loses $500m Oculus virtual reality case

Facebook loses $500m Oculus virtual reality case

Facebook loses $500m Oculus virtual reality case

A US court has ordered Facebook and other defendants to pay $500m (£395m) after finding they unlawfully used a firm’s virtual reality technology. The jury found Oculus, which Facebook bought in 2014, used computer code belonging to video game developer Zenimax to launch its own VR headset. Oculus said it was “disappointed” and would appeal [...]

February 2, 2017 Saheli Uncategorized Comments Off on Facebook loses $500m Oculus virtual reality case

4 in custody after mentally disabled man tied up, tortured on Facebook Live

4 in custody after mentally disabled man tied up, tortured on Facebook Live

FOX 32 NEWS – Chicago investigators are questioning four African-Americans after a Facebook Live video shows a group of people torturing a white mentally disabled man while someone yelled “F*** Trump!” and “F*** white people!” Chicago police were made aware of the video Tuesday afternoon. A young African American woman streamed the video live on [...]

January 5, 2017 Saheli News Comments Off on 4 in custody after mentally disabled man tied up, tortured on Facebook Live

Facebook ‘still fails Napalm girl test’, says Aftenposten

Facebook ‘still fails Napalm girl test’, says Aftenposten

Facebook’s plans to relax rules around posts deemed newsworthy or in the public interest do not go far enough, a Norwegian newspaper editor has said. Facebook director Patrick Walker was visiting Norway following a row about the banning of an iconic Vietnam War image on the grounds of nudity. He said changes were being made [...]

November 1, 2016 Saheli News Comments Off on Facebook ‘still fails Napalm girl test’, says Aftenposten

Fury over Facebook ‘Napalm girl’ censorship

Fury over Facebook ‘Napalm girl’ censorship

Facebook has controversially removed the iconic image of a girl fleeing a Napalm attack during the Vietnam war from a post, on the grounds of nudity. The editor of Norwegian newspaper Aftenposten said the entire post, which was about iconic war imagery, was later deleted and the account of the reporter behind it suspended. Espen [...]

September 9, 2016 Saheli Technology Comments Off on Fury over Facebook ‘Napalm girl’ censorship

Norway Prime Minister joins ‘napalm girl’ protest against Facebook

Norway Prime Minister joins ‘napalm girl’ protest against Facebook

Norway’s Prime Minister has challenged Facebook’s restrictions on nude photos by posting the iconic 1972 image of a naked girl running from an aerial napalm attack in Vietnam. The Pulitzer Prize-winning image by Associated Press photographer Nick Ut is at the centre of a heated debate about freedom of speech in Norway after Facebook deleted [...]

September 9, 2016 Saheli News Comments Off on Norway Prime Minister joins ‘napalm girl’ protest against Facebook

Facebook U-turn over ‘Napalm girl’ photograph

Facebook U-turn over ‘Napalm girl’ photograph

Facebook says it will allow an iconic photograph of a girl fleeing a Napalm attack taken during the Vietnam war in 1972 to be used on its platform. It had previously removed the image, posted by a Norwegian author, on the grounds that it contained nudity. The move sparked a debate about Facebook’s role as [...]

September 9, 2016 Saheli Technology Comments Off on Facebook U-turn over ‘Napalm girl’ photograph

Facebook overhauls Trending feature after bias claims

Facebook overhauls Trending feature after bias claims

Social media giant Facebook has overhauled the Trending feature on its site to make posts more automated after claims of left-wing bias. Facebook’s 1.7 billion users see news stories and topics picked using a mixture of AI and human input. Under the changes, descriptions of stories are no longer written by editorial staff,the company said. [...]

August 28, 2016 Saheli News Comments Off on Facebook overhauls Trending feature after bias claims

Zuckerberg’s future vision: Worldwide Facebook access, virtual reality, solar Internet plane

Zuckerberg’s future vision: Worldwide Facebook access, virtual reality, solar Internet plane

SAN FRANCISCO, April 12  — Facebook founder Mark Zuckerberg on Tuesday laid out an ambitious 10-year plan to connect the world’s 7 billion people via his company’s social media network. The Facebook chief executive, speaking at the F8 Developers conference Tuesday,submitted a vision of the future in which everyone on the planet will have use [...]

April 13, 2016 Saheli Business Comments Off on Zuckerberg’s future vision: Worldwide Facebook access, virtual reality, solar Internet plane