Facebook Dating launches in Europe

The FINANCIAL — Facebook is launching Facebook Dating in Europe to help more people find meaningful relationships through things they have in common, like interests, events and groups. Since the launch of Facebook Dating, over 1.5 billion matches have been created in the…

5 mins read

Facebook threatens to block sharing of news stories in Australia

The FINANCIAL — Facebook has warned that they will block Australians from sharing news if a landmark plan to make digital platforms pay for news content becomes law. On the other hand, the sharing of personal content between family and friends will not…

8 mins read

4 tech giants to defend the size of their companies before Congress

The FINANCIAL — Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg of Facebook and Sundar Pichai of Google — will appear together before Congress for the first time to justify their business practices. The hearing is supposed to inform lawmakers’ efforts…

6 mins read

Facebook will provide WHO with free ads

The FINANCIAL — Facebook will provide free advertisements to the World Health Organization in an effort to prevent the spread of the misinformation about the coronavirus. Facebook is one of multiple tech companies extending free services in response to the virus. Also,…

4 mins read

Facebook sued for $9bn in a tax court trial

The FINANCIAL — The Internal Revenue Service have accused Facebook of deliberately “downplaying” the value of its assets as part of a scheme to pay less US tax. The IRS claims that Facebook owes more than $9 billion linked to its decision…

4 mins read