Facebook today said it is authorizing a $6 billion stock buyback that will go into effect in the first quarter next year. Facebook in its last earnings call also said that its growth would likely slow as a result of the company reaching its maximum advertising load. While Facebook has historically grown at a very fast […]
Facebook could one day build facial gesture controls for its app thanks to the acquisition of a Carnegie Mellon University spinoff company called FacioMetrics. The startup made an app called IntraFace that could detect seven different emotions in people’s faces, but it’s been removed from the app stores. The acquisition aligns with a surprising nugget […]
Facebook has been posting big gains on the back of advertising this year, but it looks like not all is well in the world of ad metrics on the social network. Today the social network admitted that it has discovered some bugs and errors in its system that have led to misreporting numbers across four products, including Instant Articles, video […]
Facebook is facing post-election criticism that it did not do enough to weed out fake news on the platform, allowing viral false stories to spread and influencing the election result. The social network experimented with AI and human reports to cut back on fake stories during the campaign season, and announced yesterday that it will […]
Facebook built two versions of a fix for clickbait this year, and decided to trust algorithmic machine learning detection instead of only user behavior, a Facebook spokesperson tells TechCrunch. Today Facebook was hit with more allegations its distribution of fake news helped elect Donald Trump. A new Gizmodo report saying Facebook shelved a planned update earlier […]
In case you missed it, last night Mark Zuckerberg published a response to accusations that “fake news” on Facebook influenced the outcome of the U.S. election, and helped Donald Trump to win. The CEO claimed that at least 99% of news content on Facebook was “authentic.” Zuckerberg wrote: “Of all the content on Facebook, more than 99% of what […]
When you have a billion people using your service, you have an obligation to keep your users secure, even when they behave in unsafe ways. Alex Stamos, Chief Security Officer (CSO) at Facebook, speaking at Web Summit last week, told a quick story to show what his company was up against when it came to […]
It may be tough to remember given all the discussion about the role that Facebook’s News Feed may have played in getting Donald Trump elected, but the company was also criticized recently for its “ethnic affinity” ad targeting. Today, Facebook announced that it’s making some changes. The targeting allows advertisers to focus on users whose Facebook activity indicates an […]
Facebook has responded to widespread criticism of how its Newsfeed algorithm disseminates and amplifies misinformation in the wake of the Trump victory in the US presidential election yesterday. Multiple commentators were quick to point a finger of blame at Facebook’s role in the election campaign, arguing the tech giant has been hugely irresponsible given the […]
Social media usage spiked on election night in America, but overall, internet traffic was down – likely the result of people tuning in to watch election coverage on television, instead of online. In addition, Facebook saw an increase of almost 30% on Tuesday night, while Twitter traffic more than doubled, according to new data published by broadband […]