Facebook Archives - Communal News

Facebook Libra Project Losing Its Grandeur?

Editor's Pick October 15, 2019October 14, 2019 Sam Spencer Leave a comment

MasterCard, Visa, eBay, Mercado Pago, and Stripe have pulled out of the Libra Association. The news comes barely a week after PayPal announced that it would forgo participation. The Libra panel was initially made up of 28 companies, each set to control a network node.

Increased regulatory scrutiny has dogged the Libra project since its inception and so the future of the project seems bleak at the moment. U.S. regulators, in particular, fear that Facebook will become too powerful if allowed to handle user funds across the world. There is also trepidation among major economies such as India which are looking to ban cryptocurrencies altogether. At the heart of Libra woes lie major data privacy concerns.

EU Court Rules Facebook Must Remove “Offensive” Content Worldwide

October 4, 2019October 4, 2019 Joyce Davis Leave a comment

The European Union’s highest court has ordered Facebook to remove offensive remarks. The EU court has tightened its rules for internet service providers, including Facebook. According to EU regulations, social media groups are not responsible for what users publish unless they are aware that the content of the post is illegal. The same rules say that social media groups as a whole have no responsibility for monitoring the content of stored information and are not required to search for it.

Biden, Trump and Ukraine’s Troll Farm

September 25, 2019September 25, 2019 Christina Kitova 2 Comments

Journalist Judd Legum tweeted a link pertaining to a Ukranian troll operation on Facebook. Legum was previously in charge of ThinkProgress.org, which ceased to exist earlier this month. Additionally, he was Hilary Clinton’s campaign manager from 2007-2008.

Report: China Used Twitter, Facebook to Sow Disinformation on Hong Kong Protests

September 4, 2019September 4, 2019 Joyce Davis Leave a comment

The Australian Strategic Policy Institute released a new report on Tuesday, based on Twitter’s data released last month, about China’s intention to influence Hong Kong’s anti-extradition (or “reverse delivery”) campaign. Among the findings, the Chinese government has spent the past two years intending to spread fake news targeting specific people across several social media platforms.

Twitter and Facebook Block Nearly 1,000 Chinese Official “Fake News” Accounts

August 20, 2019August 20, 2019 Doris Mkwaya Leave a comment

Social media Twitter and Facebook announced on Monday that they blocked a large number of accounts on their platforms. The two social media giants said that these accounts spread false information about Hong Kong demonstrations and they were dominated by Chinese officials.

Donald Trump Threatens to Impose Tariffs on French Exports

July 27, 2019August 10, 2019 Joyce Davis 1 Comment

US President Donald Trump accused his French counterpart Emmanuel Macron over the digital service tax, hinting that he would impose a tax on French wine in the United States in return. Trump expressed displeasure from his Twitter account Friday over French plans to tax multinational technology companies such as Google. The French authorities have justified this tax because such companies pay little or no taxes at all in the countries where they operate.

Big Trouble for Big Tech as DOJ announces Antitrust Review

July 24, 2019July 24, 2019 Robert Martin (CN Staff) 1 Comment

After a good deal of anticipation, the U.S. Department of Justice announced Tuesday it was opening a broad and sweeping antitrust review of some of Big Tech’s biggest firms. While the department didn’t mention any names, the Wall Street Journal reported it was acting on “new Washington threats” from Amazon, Apple, Facebook, and Google. It is the boldest action yet against the Silicon Valley giants, and comes off the heels of a rocky week on Capitol Hill. The announcement is sure to attract praise from the likes of both Sens. Ted Cruz (R-TX) and Elizabeth Warren (D-MA)— for different reasons.

Recent Changes in Facebook and How it Affects Content Creators

July 13, 2019September 28, 2019 Christopher Norr Inventor Leave a comment

What does it mean for content creators after the recent changes in Facebook Algorithms and the platforms itself? Considering the diverse changes Facebook is developing to the platform and the algorithm supporting organic content and Facebook Ads, the company continues to maintain dominacne to guarantee that your business can maximize its marketing campaigns.

France Approves Digital Tax on Google and Facebook

July 11, 2019August 10, 2019 George Mtimba Leave a comment

France’s parliament approved legislation to impose a three-percent tax on Internet and technology companies like Google and Facebook to re-establishing financial justice, says Justice Minister Bruno Le Mayer. The 3% tax will be levied on the sales of multinational companies in France. The French Senate passed a new tax on Thursday, one week after the National Assembly approved it.

Want More Reach? How to Increase Your Revenue Using Facebook Marketing

July 1, 2019September 28, 2019 Christopher Norr Inventor Leave a comment

Understanding Facebook reach is important because if you are posting a lot in Facebook but you don’t have a very solid reach, nobody is noticing your content. So if you invest a lot of time and effort to make a post, you want your target audience to see it. Let’s discuss how you can properly execute that.

Amplify your user engagement with your posts. Facebook algorithm looks at this when they identify where to show your post in different people’s feeds is engagement.

Journalist to Trump: Media Censoring, Here’s Proof, I’m Starving, I Quit

Editor's Pick July 1, 2019August 10, 2019 Michael Clark 3 Comments

The question begs: Is it really happening?

Are media giants like Facebook and Twitter censoring rhe right, smaller news companies and the public? Are they censoring Christians? Are they censoring the left equally? With algorithms now controlling everything said, we now also have machines controlling our conversations, our very lives.

Libra Cryptocurrency Could Be the Ultimate Winner – Bitcoin and Ethereum Have Deffects

June 25, 2019September 13, 2019 George Mtimba 1 Comment

Blockchain backed by Facebook and other big companies wants to be more reliable and mainstream than established cryptocurrencies. From technical points to governance, here is what Libra cryptocurrency proposes:

Libra cryptocurrency marks a milestone in the history of cryptocurrency: never before has such a currency been designed and supported, not by one, but by 28 companies, many of which are world-renowned. In a world fraught with frauds, bugs, and cyber fraud, some could see Libra as the first final “frequentable” cryptocurrency. It is true that it is built around stability as a mantra, even if it means sacrificing this decentralization that made the eyes of blockchain activists shine.

The Best Platforms for Digital Marketing with Heavy Traffic

June 19, 2019September 13, 2019 Christopher Norr Inventor Leave a comment

The internet has so many platforms that can sometimes lead you to into confusion on what to use. Of course there are some advantages and disadvantages in each platform so we are going to talk about you as an entrepreneur on how to utilize the best platform in the internet.

If you are starting your business and you are planning to get into Digital Marketing, you may ask yourself, is it much easier than it was 10 to 15 years ago? and why do you ask this? because as an entrepreneur, you are your own media company. Doesn’t matter what business you are in, you need to think like a media in this generation.

Huawei – The World’s Fastest Growing Smartphone Maker Just Crashed

June 18, 2019August 10, 2019 Jay Black Leave a comment

Founder Ren Zhengfei claimed Huawei’s revenue will be $30 billion less than they had forecast over the next two years. His quote compared the largest Chinese telecom giant to a “badly damaged plane” as a result of US government sanctions, bans and actions against them. For instance, just recently Facebook banned Huawei from preloading its apps.

Facebook Removes Ban on Crypto and Blockchain Ads

May 18, 2019September 13, 2019 Paras Kale Leave a comment

After one year of placing restrictions, Facebook decided to remove the ban on cryptocurrency and blockchain based ads.

In January, 2018 the social media firm Facebook decided that the ads involving blockchain technology, Educational information, industry news and event that are related to cryptocurrency must have prior written approval before displaying ads.

Is Facebook Too Powerful?

May 13, 2019May 15, 2019 Robert Martin (CN Staff) Leave a comment

It was another wild week for Facebook. Dueling editorials in The New York Times debated the social network’s very existence. The right is still in an uproar over Facebook’s censorship of conservative viewpoints, users and scientific issues. Meanwhile, on the left, the website— or is it a utility?— has become a campaign issue on its own. Differing Democrats have begun to split on whether stringent regulation of the tech giant will be sufficient, or whether Facebook has become too big to allow to survive.

On Thursday, Chris Hughes tore in to his co-creation, and co-founder, Mark Zuckerberg, in The Times. “Mark alone can decide how to configure Facebook’s algorithms to determine what people see in their News Feeds, what privacy settings they can use and even which messages get delivered,” he said. This, Hughes argues, gives Zuckerberg “unilateral control over speech.

It’s Complicated: Facebook’s Relationship With Civil Society

May 5, 2019May 15, 2019 Robert Martin (CN Staff) Leave a comment

Facebook made headlines Thursday, banning several media personalities from their social media platforms, calling them “dangerous.” That is, multiple media outlets reported the bans before they actually took place. Laura Loomer, Milo Yiannopoulos, Paul Nehlen, Louis Farrakhan, Paul Joseph Watson, and Infowars creator Alex Jones still had control of their Facebook and Instagram accounts several hours after their bans were reported by the press.

Infowars’ status as a proscribed entity seems particularly unique. In a move usually reserved for terrorist organizations, all official and unofficial pages and content has been removed. Infowars content posted by ordinary users will be removed. Repeat violators of this policy will themselves be banned.

So Many Facebook Ethical Violations: Insiders Now Say “F*ck Ethics,” When Will They Learn!

Editor's Pick March 1, 2019July 3, 2019 Jay Black Leave a comment

Facebook Employee Quoted: “We are paid a ton. Looking forward to my yearly bonus of $100k. F*ck ethics. Money is everything…The constant negative media attention is annoying, but I make 5x what I did at Oracle 8 years ago.”
UK Parliament Report: “Companies like Facebook should not be allowed to behave like ‘digital gangsters’ in the online world, considering themselves to be ahead of and beyond the law.” Their report came after an 18-month investigation into disinformation and fake news and accused Facebook of obstructing its inquiry.

Dark Fiber Networks Market Expanding by Double Digits

February 2, 2019February 2, 2019 Charlie Gefen Leave a comment

The global dark fiber networks market is set to expand with a double digit CAGR reaching $11 billion by 2026, according to a new market research report published by Credence Research “Dark Fiber Networks Market.

Apple’s Quarterly Businesses Breakdown

February 1, 2019July 3, 2019 Jay Black Leave a comment

iPhone installed base is now over 900 million, adding almost 75 million over the past year. Predictions were that the iPhone installed base would hit one billion by the end of 2018, for instance. Apple may have missed that estimate, but it did grow the iPhone installed base by 9% over the past year.
Apple Subscription – Over the last four quarters, its sales of apps, movies, games, Apple Music, AppleCare, iCloud subscriptions, and Apple Pay fees have generated roughly $39.6 billion for the company, with a 62% margin in the most recent quarter.

Facebook (FB) Multiple and Repeating Ethical Issues Are Not a Sign of a Well Run Company or Stock!

December 24, 2018July 3, 2019 Jay Black Leave a comment

There are many signs that the Street in general and investors in particular are losing confidence in the leadership of Zuckerberg and Sandberg. Arjuna Capital and Trillium Asset Management — recently called on Zuckerberg to relinquish the chairman role. FB is “a deeply troubled stock,” adding that “I don’t know where the bottom is and I am not sure anybody really does.” FB stock has plunged over 35% from its July highs.
“Facebook’s consumers reasonably expect that Facebook will take appropriate steps to maintain and protect their data,” a Federal lawsuit says. “Facebook tells them as much, promising that it requires applications to respect a Facebook consumer’s privacy. Facebook has failed to live up to this commitment.”
The Washington State Attorney General said Google will pay $217,000 and Facebook will pay $238,000 to settle cases alleging the companies failed to maintain legally required information for political advertisements placed on their platforms.
Facebook gave companies including Netflix, Spotify and the Royal Bank of Canada the ability to read, write and delete users’ private messages. Facebook permitted Microsoft’s Bing search engine to view the names of nearly all of a Facebook user’s friends without consent.
Facebook agreed to settle charges that it had deceived consumers by “telling them they could keep their information on Facebook private, then repeatedly allowing it to be shared and made public. The agreement, which became final in 2012, prohibited Facebook from misleading consumers about their data privacy and security.
Facebook has admitted to hiring Republican opposition firm Definers Public Affairs to investigate Jewish billionaire George Soros. Facebook CEO Mark Zuckerberg and COO Sheryl Sandberg both stated unequivocally that they did not know about the hiring, but Elliot Schrage, the company’s head of communications and policy, says otherwise.

Netflix Earnings are Tuesday; Is it Time to Short or Go Long?

October 15, 2018July 3, 2019 Jay Black Leave a comment

Companies with stocks list in this report are Netflix (NFLX), Amazon (AMZN) and Facebook (FB)

Netflix to report Q3 revenue Tuesday after the close — the consensus is for revenue of $4.23 billion (up 29%) and EPS of $0.50.
Amazon wants to dominate global streaming, there is little Netflix could do about it. On paper Netflix is a big fish with a market value of $154bn, but Amazon became the second company to reach a trillion-dollar valuation.
Generation Zs top brands: #4. Netflix # 3. Oreo #2. Doritos # 1. YouTube, with at Amazon at #11 and Facebook at #39.
Bearish bets against Netflix have more than tripled this year to an all-time high, according to data.
Disney has four times as much revenue and twelve times as much net income as Netflix. With Netflix’s outstanding growth rate, there’s no question that investors should pay much higher multiples for Netflix, but the question is “how much higher?”
Netflix’s fast-growing, big-spending ways suddenly don’t seem so ironclad. Investors wonder whether a maverick giant is about to facing its own disruption.