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Salvador Rodriguez / CNBC:
Rob Goldman, Facebook VP of advertising, says he's leaving the company after more than seven years   —  - Facebook Vice President of Ads Rob Goldman announced via Twitter on Tuesday that he's leaving the company.  — Goldman became embroiled in controversy in early 2018, when he tweeted about the Mueller investigation's findings.
Oct 22, 2019, 2:32 PMIn context
Conor Dougherty / New York Times:
Facebook announces a pledge of $1B in a package of grants, loans, and land as part of a partnership with California to help build more affordable housing   —  SAN FRANCISCO — Facebook said on Tuesday it would give $1 billion in a package of grants, loans and land toward easing California's …
Oct 22, 2019, 1:45 PMIn context
Salvador Rodriguez / CNBC:
In prepared remarks for Congress, Mark Zuckerberg argues Libra “will extend America's financial leadership” and that China is pursuing similar projects   —  - Facebook CEO Mark Zuckerberg intends to tell Congress that Facebook will not launch Libra anywhere in the world unless all U.S. regulators approve it.
Oct 22, 2019, 1:20 PMIn context
Financial Times:
Sources: Facebook hasn't offered money to wire services Reuters and AP for being featured on its news page, as Bloomberg and Dow Jones land seven-figure deals   —  Facebook will pay millions of dollars to some publications featured on its news page but nothing to others, as its efforts to rebuild trust divide the US media sector.
Oct 22, 2019, 12:35 PMIn context
Tony Romm / Washington Post:
New York State's attorney general says 46 attorneys general have joined its antitrust probe into Facebook, separate from DOJ and FTC investigations   —  The expanded roster of 47 states and territories taking part reflects broad concerns among officials that ‘Facebook may have put consumer data at risk’
Oct 22, 2019, 11:28 AMIn context
Ben Thompson / Stratechery:
Mark Zuckerberg's proposal of social media as a “Fifth Estate” highlights that the world is fundamentally changing; the sooner we realize that, the better   —  Facebook CEO Mark Zuckerberg began his speech last week by attempting to place free expression in the historical American context …
Oct 22, 2019, 8:50 AMIn context
Josh Constine / TechCrunch:
Facebook now requires some page owners to disclose the orgs running them and if they're tied to state-owned media, will add labels to pages run by state media   —  Heaven forbid a political candidate's Facebook account gets hacked.  They might spread disinformation...like they're already allowed to do in Facebook ads...
Oct 21, 2019, 11:00 PMIn context
Nathaniel Gleicher / Facebook:
Facebook bans networks, three originating in Iran and one in Russia, running “inauthentic” accounts, Pages, and Groups misleading US and Latin American users   —  Today, we removed four separate networks of accounts, Pages and Groups for engaging in coordinated inauthentic behavior on Facebook and Instagram.
Oct 21, 2019, 1:35 PMIn context
Wall Street Journal:
Sources: Founders Fund is raising ~$3B for two funds, and the bulk of it is intended for more mature startups like Stripe and existing investments   —  The firm, co-founded by the early Facebook investor, wants cash to pump into aging tech startups that have remained private
Oct 21, 2019, 1:15 PMIn context
Facebook:
Facebook says it will more prominently label content that fact-checkers deem false on Facebook and Instagram, will ban ads suggesting voting is pointless   —  We have a responsibility to stop abuse and election interference on our platform.  That's why we've made significant investments since 2016 …
Oct 21, 2019, 1:04 PMIn context

Sponsor Posts

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