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Facebook earnings beat estimates amid Cambridge Analytica scandal
Apr25

Facebook earnings beat estimates amid Cambridge Analytica scandal

  Facebook has withstood its challenges in the first quarter of 2018. It managed to beat estimates despite facing a data-privacy scandal involving 87 million user accounts. The backlash of Cambridge Analytica’s actions struck in March. Yet, Facebook discounted those concerns after its shares surged and beat forecasts. The social network posted $4.99 billion net income on sales of $11.97 billion over the quarter. Analysts...

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Facebook is testing payments in India—report
Apr17

Facebook is testing payments in India—report

Could it be that Facebook has smelt the blood and wants a piece of the Indian market? Recall that one of the company’s subsidiaries WhatsApp recently launched a mobile payment service in India, and things are heading in the right direction. Well, report says Facebook is currently testing a payment service that will allow users make recharges on the messaging app. According to Factory Daily, the social networking giant is testing the...

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Facebook adds AR drawing and Instagram’s Boomerang to Stories
Apr14

Facebook adds AR drawing and Instagram’s Boomerang to Stories

One unique thing about competition is that it brings out the creative ability in you. You always want to stay ahead of the chasing pack—and so this calls for innovation. That is exactly what a feature like Stories has done to companies like Snapchat, Instagram, WhatsApp and now Facebook. How interesting that all those apps have one thing in common—they all have the Stories feature and want to keep improving on it. It is Facebook’s...

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Facebook will notify users if Cambridge Analytica shared their data
Apr09

Facebook will notify users if Cambridge Analytica shared their data

  Facebook today will alert the 87 million users whose data was shared by Cambridge Analytica, CNN reports. The social network will post a link atop the users’ news feed. After clicking the link, they will see which apps connect to their Facebook accounts. It will also show which details those apps have permission to see. “As part of this process we will also tell people if their information may have been improperly shared...

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Facebook admits to scanning conversation, links and photos you share on Messenger
Apr05

Facebook admits to scanning conversation, links and photos you share on Messenger

Facebook is making some sweeping changes lately—and why won’t they? They have been a massive letdown trust-wise, and the only way to get things back on track is by trying to rebuild our confidence. To start with, founder Mark Zuckerberg has admitted that Facebook scans the content of messages you send and receive on Messenger. Mr. Zuckerberg says his company does this in order to block any content that violates its policies. Facebook,...

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Facebook purges nearly 300 accounts and pages linked to the Russian IRA
Apr03

Facebook purges nearly 300 accounts and pages linked to the Russian IRA

  Facebook said on Tuesday it purged nearly 300 accounts and pages run by a Russia-based troll group.  “Today we’re taking an important step to protect the integrity of elections around the world by taking down more than 270 pages and accounts operated by a Russian organization called the Internet Research Agency (IRA),” posted Mark Zuckerberg, Facebook CEO and founder. It was only a few months ago when the social network...

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