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Facebook Germany says it will start tackling fake news in weeks

A picture shows the Facebook logo at the Facebook office in Berlin, Germany, August 29, 2016. REUTERS/Stefanie Loos – RTX2NN4K Facebook said on Sunday it would update its social media platforms in Germany within weeks to reduce the dissemination of fake news.... More »

Facebook`s Zuckerberg discloses steps to fight fake news

Facebook founder Mark Zuckerberg addresses the audience during a meeting of the APEC (Asia-Pacific Economic Cooperation) Ceo Summit in Lima, Peru, November 19, 2016. REUTERS/Mariana Bazo Facebook Inc, facing withering criticism for failing to stem a flood of p... More »

Facebook takes on LinkedIn with new job opening features

A 3D-printed Facebook logo is seen in front of a displayed stock graph in this illustration taken November 3, 2016. REUTERS/Dado Ruvic/Illustration Facebook Inc (FB.O) said on Monday, it was testing a feature that would let page administrators create job posti... More »

Facebook warns growth will slow, shares dip

3D-printed models of people are seen in front of a Facebook logo in this photo illustration taken June 9, 2016. REUTERS/Dado Ruvic/Illustration Facebook Inc (FB.O) shares tumbled 7 percent in after-hours trading on Wednesday as the world’s largest online socia... More »

Facebook launches instant articles for Android users

Facebook Inc said on Wednesday it launched its instant articles service for Android users which allows media firms to publish articles directly to the social network’s news feeds. The service involves more than 350 publications worldwide including the New York... More »

Facebook, eyeing TV dollars, rolls out new ad products

SAN FRANCISCO Facebook Inc introduced a slate of new advertising products on Sunday, most of which are aimed at luring television advertisers onto the 1.5-billion user social network. The advertising options, most of which will also be available on Facebook-ow... More »

Facebook struggles to sell advertising in India

SAN FRANCISCO/MUMBAI, August 12 Facebook is trying to lure skeptical advertisers in India with features such as free email support for questions about advertising and advice on increasing sales in a bid to boost revenue from its second biggest market. Facebook... More »

Facebook CEO Zuckerberg and wife expecting a baby girl

SAN FRANCISCO Facebook Inc Chief Executive Mark Zuckerberg and his wife, Priscilla Chan, are expecting a baby girl, he said on his Facebook page on Friday. The couple, who married in 2012, have been trying to have a child and had three miscarriages, he wrote. ... More »

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Beijing official says Chinese have no need for blocked websites

BEIJING (Reuters) – If Beijing is successful in its bid for the 2022 Winter Olympics then foreigners who attend will get uncensored Internet access, but this isn’t an issue for Chinese who “don’t like” sites like Facebook and Twitter, an official said on Wedne... More »

Facebook shuttle drivers ratify new Teamsters contract: WSJ

NEW YORK (Reuters) – Shuttle bus drivers at Facebook Inc voted on Saturday to ratify a new union contract giving them more pay, better benefits and addressing split-shift scheduling, the Wall Street Journal reported. It said Loop Transportation, the contractor... More »

Instagram crosses 300 million users, edges past Twitter

(Reuters) – Facebook Inc’s photo-sharing service, Instagram, said it had more than 300 million users, sharing over 70 million photos and videos each day. Microblogging service Twitter Inc has 284 million active users, according to its website. () Four-year-old... More »

Chinese Internet regulator welcomed at Facebook campus

BEIJING (Reuters) – Lu Wei, China’s top Internet regulator, may not welcome Facebook to his house, but he’s certainly welcome at Facebook. Lu, the minister of China’s Cyberspace Administration, recently toured the campuses of U.S. tech giants Facebook Inc, App... More »

Rocket Internet to launch another 10 start-ups in 2015

BERLIN (Reuters) – Rocket Internet (RKET.DE ), the global e-commerce investor, expects to launch at least another 10 start-ups in 2015 and said it would work more closely with Facebook (FB.O ) on advertising. Rocket Internet, whose shares have had a bumpy ride... More »

Facebook says messenger service has half a billion users

(Reuters) – Social networking site Facebook Inc said its messaging service is being used by more than half a billion people, few months after it was separated from the main Facebook app. () Facebook said in April users would need to download a separate app for... More »

Facebook vice president of product management resigns

(Reuters) – Samuel Lessin, Facebook Inc’s vice president of product management, said he would be leaving the company. Lessin said in a post on the social networking site that his departure would be effective Aug. 29. He said he does not have any immediate plan... More »

Facebook restores service after outage in many countries

SAN FRANCISCO (Reuters) – Facebook Inc said service to the world’s largest online social network was fully restored on Friday, following a widespread outage that affected users in multiple countries. “Earlier this morning, some people had trouble accessing Fac... More »

UK regulator investigates Facebook over emotions study

(Reuters) – The British data watchdog is investigating whether Facebook Inc violated data-protection laws when it allowed researchers to conduct a psychological experiment on its users. A Facebook spokesman acknowledged that the experiment on nearly 700,000 un... More »

Head of eBay’s PayPal unit steps down to join Facebook

SAN FRANCISCO (Reuters) – David Marcus, who has led eBay Inc’s fast-growing payments unit PayPal for the past two years, will step down this month to run Facebook Inc’s messaging products, the companies announced on Monday. EBay shares fell a little more than ... More »

Zuckerberg, other Facebook directors are sued over pay plan

(Reuters) – Mark Zuckerberg and other members of Facebook Inc’s board have been sued by a shareholder who claimed a policy letting them annually award directors more than $150 million of stock each if they choose is unreasonably generous. In a complaint filed ... More »

Facebook’s Instagram to expand ads beyond U.S

SAN FRANCISCO (Reuters) – Instagram, the mobile photo service owned by Facebook Inc, is expanding its nascent advertising business beyond the United States and will begin showing ads to users in Britain, Canada and Australia, the company said on Monday. The ad... More »

Twitter shares plumb new lows as stock lock-up expires

(Reuters) – Shares of Twitter Inc sank 18 percent to a new low in frenzied trading on Tuesday, wiping out more than $4 billion of its market value, as early investors sold stock in the messaging service for the first time after a six-month “lock-up” expired. T... More »

Apple, Facebook results buoy world shares

LONDON (Reuters) – Global stocks rose on Thursday lifted by upbeat earnings from tech heavyweights Apple and Facebook which helped shake off some of the concerns about overheating that have dented the sector in recent weeks. Wall Street and particularly the Na... More »

Facebook to use satellites, drones to spread the Internet

SAN FRANCISCO (Reuters) – Facebook Inc is harnessing satellite, drone and other technology as part of an ambitious and costly effort to beam Internet connectivity to people in underdeveloped parts of the world. The world’s No. 1 social network said on Thursday... More »

Facebook to buy virtual reality goggles maker for $2 billion

SAN FRANCISCO (Reuters) – Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal. The acquisition, which... More »

Federal judge dismisses Ceglia case against Facebook

(Reuters) – A federal judge dismissed a lawsuit filed by New York businessman Paul Ceglia against Facebook Inc and its founder Mark Zuckerberg, adopting findings by a magistrate judge that a purported contract entitling him to an ownership stake in the company... More »

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Obama meets with U.S. tech executives on privacy, surveillance

WASHINGTON/SAN FRANCISCO (Reuters) – Executives of several large U.S. Internet companies, including Facebook Inc and Google Inc, met with President Barack Obama on Friday to discuss their concerns over government surveillance programs. Obama and senior aides m... More »

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Facebook CEO Zuckerberg phoned Obama to complain about spying

SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg blasted the U.S. government’s electronic surveillance practices on Thursday, saying he’d personally called President Barack Obama to voice his displeasure. “When our engineers work tireless... More »

Facebook CEO riding high – for now, after WhatsApp deal

SAN FRANCISCO/BARCELONA (Reuters) – Facebook Inc Chief Executive Officer Mark Zuckerberg will take a victory lap at the world’s largest mobile technology conference in Barcelona on Monday, after beating out Google Inc in a $19 billion acquisition of free messa... More »

Mobile ad revenue lifts Facebook past Wall Street targets

SAN FRANCISCO (Reuters) – Facebook Inc delivered its strongest revenue growth in two years, beating Wall Street targets as the Internet company’s mobile ad sales continued to accelerate. Shares of Facebook surged 12 percent to $59.98 in after-hours trading on ... More »

Hulu must face privacy lawsuit, U.S. judge rules

(Reuters) – Hulu has failed to persuade a federal judge to dismiss a lawsuit accusing the video streaming service of illegally sharing users’ viewing history with Facebook Inc and business metrics company comScore Inc. In San Francisco on Friday, U.S. Magistra... More »

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Twitter stock gets mixed reviews from IPO underwriters

SAN FRANCISCO (Reuters) – Twitter Inc shares slipped on Monday after some of the five lead underwriters of its initial public offering said the social media firm may not achieve Facebook-like scale and its stock may not rise much higher. In their first researc... More »

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Short sellers test the waters on Twitter

NEW YORK (Reuters) – Short sellers are starting to circle around Twitter shares in their first chance at betting against the micro-blogging site’s stock, a sign some investors think the share price will fall. Data on Wednesday showed the cost to borrow Twitter... More »

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GM executive defends company on Facebook, then closes account

DETROIT (Reuters) – A top General Motors executive deactivated his Facebook account on Monday after he responded to a website that wrote dismissively about the company’s shrinking U.S. auto market share. Mark Reuss, president of GM’s North American operations,... More »

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Google shares break $1,000 barrier as mobile pays off

SAN FRANCISCO (Reuters) – Google Inc shares jumped past $1,000 on Friday as investors bet on the Internet company’s continued dominance of the mobile and video advertising businesses despite aggressive competition from Facebook Inc and Yahoo Inc. Shares of the... More »

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Google unveils plans for user names, comments to appear in ads

SAN FRANCISCO (Reuters) – Google Inc plans to launch new product-endorsement ads incorporating photos, comments and names of its users, in a move to match the “social” ads pioneered by rival Facebook Inc that is raising some privacy concerns. The changes, whic... More »

Memories of Facebook cloud Twitter’s IPO-

SAN FRANCISCO (Reuters) – When Facebook Inc was preparing to go public last year, the telephones at Granite Investment Advisors rang off the hook as clients called about the social media’s company’s highly anticipated debut. In stark contrast, the investment c... More »

U.S. TV networks tout video on-demand for catch-up viewing

LOS ANGELES (Reuters) – The morning after a new episode of the drama “Sleepy Hollow” airs on the Fox broadcast network, a message on the show’s Facebook page encourages viewers to catch up with the show by clicking on their cable operator’s video on demand ser... More »

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Facebook broadens effort to show ad payoff

SAN FRANCISCO (Reuters) – Facebook Inc is expanding a service that lets a group of major marketers measure the effectiveness of their ads, in the company’s latest move to prove that advertising on the world’s largest social network leads to real world sales. T... More »

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Facebook’s Zuckerberg says U.S. spying hurt users’ trust

WASHINGTON (Reuters) – Facebook Inc CEO Mark Zuckerberg on Wednesday said revelations about U.S. government surveillance hurt users’ trust in Internet companies and that knowing more about the programs would help relieve some of the public concerns. In a rare ... More »

Twitter takes first step toward going public

SAN FRANCISCO/NEW YORK (Reuters) – Twitter Inc has filed for an initial public offering with U.S. regulators, the company said on Thursday, taking the first step toward what would be Silicon Valley’s most anticipated debut since Facebook Inc’s last year. The i... More »

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Brazil’s Rousseff targets internet companies after NSA spying

SAO PAULO (Reuters) – Angered by reports that the U.S. government spied on her and other Brazilians, President Dilma Rousseff is pushing new legislation that would seek to force Google, Facebook and other internet companies to store locally gathered data insid... More »

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Facebook considers adding profile photos to facial recognition

SAN FRANCISCO (Reuters) – Facebook Inc is considering incorporating most of its 1 billion-plus members’ profile photos into its growing facial recognition database, expanding the scope of the social network’s controversial technology. The possible move, which ... More »

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U.S. judge approves Facebook privacy settlement over ads

SAN FRANCISCO (Reuters) – A U.S. judge on Monday granted final approval to Facebook’s $20 million settlement of a lawsuit over targeted advertising despite objections that the deal did not go far enough to protect children’s privacy. Five plaintiffs filed a cl... More »

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Facebook launching project to make Internet more affordable

(Reuters) – Facebook Inc’s (FB.O ) Chief Executive Mark Zuckerberg has enlisted Samsung Electronics Co Ltd (005930.KS ), Qualcomm Inc (QCOM.O ) and four other companies for a project aimed at bringing Internet access to people around the world who can’t afford... More »

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Facebook to offer OpenTable restaurant bookings via mobile

(Reuters) – Facebook Inc (FB.O ) struck a deal with online restaurant booking service OpenTable Inc (OPEN.O ) that will allow users to reserve tables at restaurants via a Facebook app, as the world’s No. 1 social network continues to expand its mobile services... More »