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Eriq Gardner / Hollywood Reporter:
Facebook agrees to pay $40M in proposed settlement with several advertising agencies that claimed the company misstated video metrics by 150-900%   —  Advertisers would collect the bulk of the money after alleging Facebook inflated the average time users viewed video on the platform.
Oct 7, 2019, 10:35 AMIn context
CNBC:
PayPal says it is withdrawing from Facebook's Libra Association, becoming the first of its founding members to do so   —  PayPal is withdrawing from Facebook's Libra Association, the company announced Friday.  —  “PayPal has made the decision to forgo further participation in the Libra Association …
Oct 4, 2019, 4:02 PMIn context
Judd Legum / Popular Information:
Facebook tacitly allows lies in political ads because it considers them to be expressions of opinion and will not send them to fact-checkers for review   —  This is the online version of the Popular Information newsletter.  You can get independent accountability journalism in your inbox every week.
Oct 4, 2019, 10:15 AMIn context
Tony Romm / Washington Post:
Facebook's team for fighting fraudulent app developers and advertisers scores an early win after settling with a New Zealand firm selling fake Instagram likes   —  The tech giant reached a settlement with a New Zealand company that had peddled fake likes on Instagram
Oct 3, 2019, 5:15 PMIn context
Sarah Perez / TechCrunch:
TikTok says it is banning political ads because they don't fit with its “positive, refreshing environment”   —  Already under fire for advancing Chinese foreign policy by censoring topics like Hong Kong's protests and pro-LGBT content, the Beijing-based video app TikTok …
Oct 3, 2019, 2:45 PMIn context
BuzzFeed News:
US AG and officials from UK and Australia call on Facebook to stop plans for end-to-end encryption across its messaging apps, citing public safety risks   —  Attorney General Bill Barr, along with officials from the United Kingdom and Australia, is set to publish an open letter …
Oct 3, 2019, 2:14 PMIn context
Adam Satariano / New York Times:
EU's top court rules that an individual country can order Facebook to take down defamatory content and restrict global access to that material   —  Comments posted on the social network about an Austrian politician became a battle over the reach of European defamation laws on the internet.
Oct 3, 2019, 7:15 AMIn context
Kaitlyn Tiffany / The Atlantic:
Facebook Dating, which promises to match people based on their offline lives, needs its users to actively use Facebook to be effective, unlike other dating apps   —  I used to find it frustrating when people blamed dating apps for how bad dating is.  —  “What's the alternative?”
Oct 3, 2019, 5:35 AMIn context
Laura Hazard Owen / Nieman Lab:
Study of 1,769 undergrads in Texas finds those who spent time away from Facebook consumed less news and reported feeling less depressed than those who didn't   —  Threatening to leave Facebook, or talking about how you should spend less time on it, is common.  Actually leaving is less common (though it is happening).
Oct 2, 2019, 3:10 PMIn context
Josh Constine / TechCrunch:
Facebook will miss out on owning the social entertainment feed if Mark Zuckerberg views TikTok as merely an algorithmic video recommender like Instagram Explore   —  “It's almost like the Explore Tab that we have on Instagram” said Facebook CEO Mark Zuckerberg in leaked audio of him describing TikTok during an all-hands meeting.
Oct 2, 2019, 7:00 AMIn context

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