Facebook subsidiary owner Meta Platforms shares plunged more than 18% after the closing bell on Wednesday as the societal cancer missed…
Tag: Facebook
Apple spent $6.5 million on lobbying Washington D.C. in 2021
Apple spent $6.5 million last year, pretty much in line with its lobbying outlay from 2020, despite an increasingly hostile climate in D.C…
Apple won’t lose itself in the ‘metaverse’ despite its AR/VR headset plans
Apple is not planning to get involved in the “metaverse”, despite its widely reported plans to launch augmented and virtual reality headsets…
Meta pulls the plug on its AR/VR operating system, settles for Android instead
Meta (née Facebook), has axed its current efforts to develop an operating system for AR and VR devices, and wil instead settle for Android …
Internet Association shuttered as Big Tech splinters
Growing tensions between Apple, Amazon, Alphabet (Google), Meta (Facebook), and Microsoft, lie behind the death of the Internet Association…
Americans trust Google and Amazon more than Apple to handle their personal data
According to a Washington Post-Schar School poll conducted November 4-22, 2021, Americans trust Google and Amazon more than Apple…
Facebook/Meta voted the worst company of the year
Shockingly, Meta, née Facebook, has been voted the Worst Company of the Year, with Yahoo Finance polling their audience as to which…
Apple quietly loosens privacy policy to allow user data collection for targeted advertising
Apple is allowing app developers to collect data for targeted advertising from Apple device users, in an unacknowledged shift that lets…
There will be no metaverse without Apple leading the way, as usual
Meta CEO Mark Zuckerberg’s year-long seeding of the term “metaverse” on investor calls and the subsequent renaming of Facebook to Meta…
Facebook rebrands itself ‘Meta’
Facebook has rebranded itself “Meta,” the company said on Thursday, in a rebrand that focuses on its ambitions building the “metaverse”…
Apple’s App Tracking Transparency privacy push hurts Big Tech rivals’ ad businesses
The latest earnings reports from Facebook and Snapchat show that Apple’s App Tracking Transparency privacy framework is having…
Facebook revenue misses estimates as Apple’s privacy rules bite
Facebook on Monday warned that Apple’s new Apple Tracking Transparency privacy rules would weigh on its digital business in the current…
Facebook is planning to rebrand the company with a new name
Facebook is planning to change its company name next week to reflect its focus on building the metaverse, a source with direct knowledge…
New legislation aims at Apple, Google, and Facebook as U.S. attempts to catch up to Europe
New legislation seeks to establish new U.S. law on Section 230 protections and platforms’ habit of preferring their own services…
Apple’s App Tracking Transparency feature signals desire to enter global advertising market – analyst
Apple’s recent App Tracking Transparency feature is a sign it may look to tap into the global internet advertising market dominated by Google…
Apple, other big tech firms get to belatedly weigh in on U.S. House antitrust bills
Apple, Google, Facebook, and Amazon will receive a belated chance to provide feedback on U.S. House antitrust bills that, if passed…
Facebook says it underreported ad performance due to Apple’s App Tracking Transparency
Facebook told advertisers in a blog post Wednesday that it’s been underreporting ad performance on Apple iPhones, citing changes…
Facebook unveils ‘Ray-Ban Stories’ smart glasses
Facebook launched its first smart glasses on Thursday, called “Ray-Ban Stories,” in a step toward its aim of offering true augmented reality…
Zoom to pay $85 million to users over lying about end-to-end video call encryption
Zoom has agreed to pay $85 million to settle claims that it lied about offering end-to-end encryption and gave user data to Facebook, Google…
Facebook warns Apple’s App Tracking Transparency will slow growth
Facebook reported higher second-quarter sales and profit, but struck a cautious tone looking ahead, warning that growth could stall as Apple…
Facebook explores integrating Oculus workout data with Apple Health
According to code discovered in the Oculus iOS app, Facebook is exploring the idea of allowing users to synchronize workout data from Oculus…
Netflix plans to offer streaming video games
Netflix has hired a former Electronic Arts and Facebook executive to lead the effort to expand into video games …
Facebook advertisers impacted by Apple’s strong privacy policies
Those who value their privacy are impacting advertisers on Facebook, who are losing access to some of their most valuable targeting data and…
Apple says Facebook-commissioned ‘study’ on preinstalled app usage is ‘seriously flawed’
The majority of apps used by iPhone and Android users are made by Apple and Google, according to a so-called “study” commissioned by Facebook
President Trump sues Facebook, Twitter, and Alphabet CEOs over being banned from their platforms
President Donald Trump on Wednesday announced class action lawsuits against Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, and…
Apple CEO Tim Cook delivers a warning to House Speaker Nancy Pelosi
Facing “antitrust” legislation that could disrupt business practices of tech companies like Apple, Tim Cook, called Speaker Nancy Pelosi and
Breaking up Big Tech – Alphabet, Amazon, Apple, Facebook – and in focus as new U.S. antitrust bills introduced
A bipartisan group of lawmakers in the U.S. House of Representatives introduced four antitrust bills on Friday aimed at reining in the power…
Apple might further ratchet up rivalry with Facebook at WWDC
The feud between Apple and Facebook could be ratcheted up during Apple’s annual Worldwide Developers Conference (WWDC), which kicks off…
Facebook ends ban on posts claiming COVID-19 is man-made
Facebook, the ad-tracking behemoth has, with egg on its collective face, ended its ban on posts that say COVID-19 is potentially man-made …
Apple reclaims title of the world’s most valuable brand from Amazon
According to the Brand Finance Global 500 2021 Index, Apple has overtaken Amazon to become the world’s most valuable brand for…
Apple’s App Tracking privacy push is turning out to be Facebook’s worst-case scenario
Less than six percent have opted-in. Apple’s App Tracking privacy push is turning out to be Facebook’s worst-case scenario…
Apple hires former Facebook advertising exec, ‘Chaos Monkeys’ author
Apple has hired Antonio Garcia Martinez who worked at Facebook’s ad team and wrote the 2016 book “Chaos Monkeys,” a tell-all memoir…
Goldman Sachs: U.S. tax hikes could hammer Apple, other ‘Big Tech’ stocks
Big Tech has been one of the best investments of the past five years amid advances in technology, but proposed U.S. tax hikes could harm…
Steve Jobs called Facebook ‘Fecebook’ in newly revealed email
Internal Apple emails show the company was battling with Facebook for at least a decade. In the emails, Jobs calls Facebook, “Fecebook.”
Facebook encourages iOS users to allow themselves to be tracked so app stays ‘free of charge’
Facebook has added a notice within its iOS app encouraging users to allow themselves to be tracked because the information it collects…
Big Tech had fantastic pandemics; here are 6 reasons why they’ll thrive even after
Big Tech – Apple, Alphabet, Amazon, Facebook, and Microsoft – all performed better over the past pandemic year than anyone dreamed…
U.S. Sen. Amy Klobuchar discusses government regulation of Apple’s App Store
Following last week’s U.S. Senate antitrust hearing attended by Apple’s Chief Compliance Officer Kyle Andeer, Senator Amy Klobuchar (D-MN)…
Apple’s new app tracking privacy protocols may actually benefit Facebook and Google
Apple’s App Tracking Transparency privacy feature is imminent (to roll out early next week with the release of iOS 14.5). It requires apps…
Developer: Apple’s privacy push is an ‘atomic bomb’ for advertisers
Apple’s App Store is designed to be a safe and trusted place for users to discover apps created by developers from around the world…
U.S. House committee approves blueprint for antitrust crackdown on ‘Big Tech’
The U.S. House of Representatives Judiciary Committee has formally approved an antitrust report accusing Big Tech companies of buying or…
U.S. FTC calls Facebook an illegal ‘personal social networking’ monopoly
The U.S. Federal Trade Commission (FTC) on Wednesday fired back at Facebook’s attempt to dismiss the regulator’s lawsuit seeking to break…
Personal data of over half a billion Facebook users leaked online
Mark Zuckerberg’s ill-conceived Facebook ad campaign against Apple for giving users tools to protect their privacy just took a big hit…