(CNN Business)Shares of both Facebook and Twitter were down more than 7% in mid-day trading Friday after Unilever said it would pull its advertising from the social media companies for the rest of the year. “Given our Responsibility Framework and
Facebook CEO Mark Zuckerberg on Friday said the company will change its policies to prohibit hate speech in its advertisements. Under its new policies, Facebook will ban ads that claim people from a specific race, ethnicity, nationality, caste, gender, sexual
Facebook has acquired Swedish mapping start-up Mapillary as part of an effort to take on Apple and Google at mapping the world at ground level. Founded in Malmo in 2013, Mapillary has built a street-level imagery platform that uses photos
Facebook on Thursday announced that it removed ads from President Donald Trump’s campaign that contained a symbol associated with Nazis. “We removed these posts and ads for violating our policy against organized hate,” a Facebook spokesman said in a statement. “Our
Amazon, Apple, Facebook and Microsoft closed at new all-time highs Tuesday, a day when the Nasdaq Composite Index hit a new record. Big Tech stocks have fared better than most during the coronavirus pandemic as newly remote workers have had come to rely more than ever on
(CNN Business)Mark Zuckerberg says Facebook will review its policies concerning the state use of force, voter suppression and content moderation, as the company faces a backlash from many of its own workers over its inaction on controversial posts by President Donald Trump.
Facebook announced Thursday it will no longer allow state-controlled media outlets to run ads on its social networks, effective this summer. The move is part of its efforts to prevent foreign interference in the 2020 U.S. election and follows massive criticism that
Facebook employees have spoken out in anger after CEO Mark Zuckerberg said he planned to take no enforcement action against a post by President Donald Trump following the killing of George Floyd. The staffers said the post has no place
Facebook CEO Mark Zuckerberg on Friday said a post by President Donald Trump in which he says “when the looting starts, the shooting starts” does not violate the company’s policies and will remain online. “Personally, I have a visceral negative reaction to
Facebook CEO Mark Zuckerberg on Thursday said he predicts that 50% of the company’s employees could be working remotely within the next five to 10 years. “We’re going to be the most forward-leaning company on remote work at our scale,” Zuckerberg