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Facebook Currency A Potential Economic Threat

Late last month, following an on-going series of leaks about the project, Facebook officially announced its plans to launch their own, in-platform cryptocurrency, to be known as Libra, scheduled for 2020. According to the Libra Whitepaper released by Facebook, their mission is to "enable a simple global currency and financial infrastructure that empowers billions of [...]

By | July 31st, 2019|Categories: News, Social Media|Tags: |

Facebook Shareholders Vote Against Zuckerberg

At the beginning of this month, Facebook revealed that outside investors had voted overwhelmingly in favour of a series of proposals to fire Mark Zuckerberg, owner and CEO of the social media platform, and make sweeping changes to the share structure of the company. 68% of ordinary shareholders voted to bring in an independent figure [...]

By | June 28th, 2019|Categories: Social Media|Tags: , |

Facebook CEO Facing Unprecedented Threat

Mark Zuckerberg, Facebook CEO, Facebook Chairman, and controlling shareholder, has always made a point of ensuring that his power over Facebook is effectively unassailable, an approach that many have felt unfair at best, and totalitarian at worst. Now, in the wake of consecutive years of scandals involving the social media giant on everything from their [...]

By | May 31st, 2019|Categories: News, Social Media|Tags: |

Facebook To Get Biggest Ever Redesign

At the end of last month, Facebook announced that it would be getting what will probably be the biggest ever redesign of the platform in 15 years. The new look was officially revealed at the annual Facebook Developers conference, (F8) in California. The new design will remove the ubiquitous blue menu bar, and replace it [...]

By | May 31st, 2019|Categories: News, Social Media|Tags: , , , |

Facebook Facing Possible 5 Billion Dollar Fine

After the relatively recent Cambridge Analytica scandal which saw Facebook user data being harvested and used for political campaign purposes, the Federal Trade Commission in the US began investigating the social media platform, for a potential breach of a 2011 agreement with the platform regarding consumer privacy. Of course, that's only one of a number [...]

By | April 29th, 2019|Categories: News, Social Media|Tags: , |

Facebook Sues Chinese Companies For Selling Fake Accounts

According to a report earlier this month, Facebook, and more specifically its Instagram division, are suing 4 companies based in China for promoting the sale of fake accounts, followers and likes that, as we well know, can be used for illegal and / or unethical purposes. Fake accounts, likes and followers have ben known to [...]

By | March 28th, 2019|Categories: Social Media|Tags: , |

The Facebook Anti-Suicide Algorithm

Following on from recent scandals surrounding the live-streaming of suicides on Facebook, the company last year launched an ambitious project to use artificial intelligence to detect when users might be likely to commit suicide, or otherwise self-harm. The algorithm analyses almost all posts made on Facebook, and rates each one with according to the probability [...]

By | January 30th, 2019|Categories: Social Media|Tags: , |

Facebook Moves Against Bullying With Keyword Blocking

Under pressure for some time already to combat the growing problems of bullying and harassment on Facebook, the platform has announced that they will begin to allow users to block comments from their posts by selecting keywords which they don't want to see. Instagram and Twitter have both offered keyword blocking since 2016, in response [...]

By | October 29th, 2018|Categories: Social Media|Tags: , , |

50 Million Facebook Accounts Hacked

At the beginning of this month, Facebook announced that as many as 50 million user accounts had been compromised by hackers who took advantage of a vulnerability in the "View As" functionality (which lets you see how your profile would look to somebody else), to steal Facebook access tokens allowing them to take over other [...]

By | October 29th, 2018|Categories: News, Social Media|Tags: , |

Technology For Fake Video Improving Rapidly

So-called fake news has been one of the hottest topics for the last year, and platforms like Facebook, Twitter and YouTube have working on addressing threats posed by disinformation. At Facebook's developer conference earlier this year, Mark Zuckerberg said that the platform would "never be unprepared again" for things like the interference of Russian trolls [...]

By | August 30th, 2018|Categories: News, Social Media|Tags: , , |