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Spotify soars in $26 billion stock debut
Spotify soared on April 3 to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming.
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Three Facebook users sue over collection of call, text history
Three users of the Facebook Messenger app sued Facebook on March 27, saying the social network violated their privacy by collecting logs of their phone calls and text messages, in the latest legal challenge facing the company.
Facebook Security Chief is Reportedly Leaving the Company in Wake of Russian Disinformation Scandal
Facebook Chief Information Security Officer Alex Stamos is reportedly leaving after disagreements over how the social media network should handle the spread of disinformation. The news was first reported by The New York Times, and later independently reported by Reuters and the Wall Street Journal.
Twitter May be the Next to Ban Cryptocurrency Ads
Twitter may soon join Facebook and Google in cracking down on ads for cryptocurrency-related products. Sky sources have claimed the social network will institute worldwide ban against ads for initial coin offerings, cryptocurrency wallets and token sales within the next two weeks.
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Trump-linked data analysis firm taps 50 million Facebook profiles
A data analysis firm employed by President Donald Trump’s 2016 campaign tapped the Facebook profiles of more than 50 million users without their permission, allowing it to capitalize on the private social media activity of a large portion of the U.S. electorate, newspapers have reported.
Digital economy has changed the world
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Facebook Ends Six-Country Test that Split News Feed in Two
Facebook Inc on Thursday put an end to a test of splitting its signature News Feed into two, an idea that roiled how people consumed news in the six countries where it occurred and added to concern about Facebook's power, reported Reuters.
American Woman is Suing Twitter, Facebook and Google
A Chicago woman who was in a café in Paris during the 2015 terrorist attacks is sueing Twitter, Facebook and Google, claiming that they had helped to expand the Islamic State group by giving it access to social media, the Associated Press reported.
The Chicago Sun Times newspaper reported that Mandy Palmucci has filed a lawsuit in Chicago last week.
EU tells Facebook, Google and Twitter to do more for users
Europe’s justice commissioner told Facebook, Twitter and Google on Feb. 15 to do more to bring their user terms in line with EU law, ramping up pressure on the tech giants after their efforts were deemed too little.
Kosovo Buzzes as New Country Code Hits Messaging App
People in Kosovo reacted enthusiastically as instant messaging and internet call service Viber became the first telecommunications application to use Kosovo’s own international dialling code.