Investors wiped more than $250 billion off the market value of Facebook owner Meta after the company warned competition from TikTok is weighing on growth.
In a new book, Cecilia Kang and Sheera Frenkel say Facebook failed in its effort to combat disinformation. "Facebook knew the potential for explosive violence was very real [on Jan 6]," Kang says.
After a pandemic pause last year, the top brass of tech, media and markets descended in central Idaho for an annual gathering. This is what it was like to be there this year.
Facebook's Mark Zuckerberg is expected to attend. So is Apple's Tim Cook. A look inside the Sun Valley conference for top media and tech moguls organized by a little known investment firm.
The civil rights group says Facebook CEO Mark Zuckerberg promised Congress and the public the network would move fast to take down posts that break its rules, but anti-Muslim bigotry is still present.
The leaders of Facebook, Twitter, and Google were not eager to admit fault when it comes to bad information on their platforms, but it's clear Congress is getting closer to regulation.
Facebook's Mark Zuckerberg, Google's Sundar Pichai and Jack Dorsey of Twitter will testify about the steps they have taken to deal with misinformation about the election, COVID-19 and vaccines.
Advocacy groups are demanding the social network disclose how it reviews Spanish-language content and appoint a high-level executive to oversee policy and enforcement in Spanish.
The Amazon CEO and four other billionaires are part of the world's most exclusive club in the midst of the pandemic: those whose fortunes exceed $100 billion.
The new ban is an expansion of the social network's rules against misinformation that could lead to imminent physical harm. It comes as governments prepare to roll out the first vaccinations.
The Senate Judiciary Committee grilled Facebook's Mark Zuckerberg and Twitter's Jack Dorsey over how they handle false and misleading claims about the election, including from President Donald Trump.
The chief executives of Facebook, Twitter and Google face skepticism from a Senate committee over their decisions about what content to allow and what to take down from their platforms.
Facebook's Mark Zuckerberg, Twitter's Jack Dorsey and Google's Sundar Pichai go before the Senate Commerce Committee to defend Section 230, a law that protects them from lawsuits over users' posts.
CEO Mark Zuckerberg, who previously considered such claims free speech, said his thinking has "evolved." Survivors had lobbied the social network to remove posts that deny the Holocaust.
The CEOs tell Congress that the giant American tech companies do not stifle competition, saying the concern that too much power is concentrated in too few companies is unfounded.
The presumptive Democratic presidential nominee demands the social network fact-check ads from political candidates, saying its hands-off policies "pose a threat to free and fair elections."
People inside and outside Facebook are furious over the social network's refusal to curb President Trump's most inflammatory messages. The concerns reflect long-running frustrations with the company.
Mark Zuckerberg says the company will consider labeling some posts that break its rules, as Twitter done with the president's inflammatory and false tweets.
The social network is flagging publishers it says are under 'editorial control' of governments, as part of efforts to secure its platform against foreign influence campaigns.