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Shares of Snap plummeted 25 percent on Thursday after the owner of photo messaging app Snapchat said privacy changes implemented by Apple Inc on iOS devices hurt the company’s ability to target and measure its digital advertising. The Santa Monica, California-based company, which earns the vast majority of its revenue from selling digital advertising on the
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Renaming Facebook is unlikely to enable the tech giant to distance itself from regulatory and public scrutiny around the potential harms caused by its social media apps, marketing and branding experts told Reuters. Tech publication The Verge reported on Tuesday that the California-based firm is planning to change its corporate branding to reflect that as well
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Britain’s competition regulator has fined Facebook GBP 50.5 million (roughly Rs. 520 crores) for breaching an order imposed during its investigation into the US social media giant’s purchase of GIF platform Giphy, the agency said. The Competition and Markets Authority (CMA) said Facebook had deliberately failed to comply with its order, and the penalty served
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Senate Commerce Committee Chair Maria Cantwell on Tuesday called on Facebook Chief Executive Mark Zuckerberg to preserve all documents related to a testimony last week from company whistleblower Frances Haugen. “The testimony … raises significant concerns about whether Facebook has misled the public, federal regulators, and this committee,” said Cantwell, a Democrat. “This committee will
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WhatsApp has been spotted testing a new custom privacy setting for Android users to let them hide their ‘About’ status updates from specific contacts. The option to hide the ‘About’ status from specific contacts, which is yet to be available to beta testers, would be available alongside the existing privacy options. The change is likely
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Twitter on Tuesday rolled out new advertisement features and revamped the algorithm that decides which advertisements users see, as part of an effort to lay the groundwork to launch future e-commerce features, the social networking company told Reuters. The new features come as Twitter is pushing to grow its performance advertising business, a strategy that
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WhatsApp is reportedly working on letting users pause voice recordings while they are being recorded, through a future update. The alleged update will let users pause and resume recording their voice message right from where they had paused. Furthermore, the instant messaging service is also reportedly working on fixing an issue with chat backups. A
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A Facebook executive said Sunday that the company would introduce new measures on its apps to prompt teens away from harmful content, as US lawmakers scrutinise how Facebook and subsidiaries like Instagram affect young people’s mental health. Nick Clegg, Facebook’s vice president of global affairs, also expressed openness to the idea of letting regulators have access
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