With this strategic move, Facebook is trying to easing into the online retail market which is dominated by the likes of Amazon.com Inc and Walmart Inc. Facebook-owned Instagram stated, it is testing a feature that allows U.S. users to shop and purchase items that have been tagged for sale through its “checkout” feature. The unveiling…
Facebook’s 150 personal information sharing contracts with tech companies is now under a grand jury scrutiny. Question is can you ever trust Facebook? As per a report by the New York Times, U.S. federal prosecutors are conducting a criminal probe into data deals that Facebook Inc entered into with some of the world’s largest tech…
The development is in line with those of other countries who are aiming to bring large multinational companies within the ambit of their tax net. On Monday, in a significant development, New Zealand disclosed it aims to update its laws in order to tax the earnings of multinational tech companies, including Facebook, Amazon.com, Google. The…
The EU is likely to have a EU-wide tax on global digital companies by the end of March 2019. In a statement, Apple Inc’s French division stated, it had reached a deal with France to pay an undeclared amount of back-dated taxes, which according to French media estimate is at around $571 million (500 million…
The appointment, effective immediately, sees Vishah Shah replacing Adam Mosseri who became Instagram’s head in October 2018. Facebook Inc’s owned photo-sharing app Instagram stated, it has promoted Vishal Shah, its director of product management, as the head of product, effective immediately. The position was earlier held by Adam Mosseri, who was appointed as Instagram’s head…
The “Close Friends” feature allows users to share their stories with a select group of people rather than just followers. On Friday, Facebook-owned Instagram stated, it has launched a new feature called “Close Friends” through which users can share their stories with a smaller group of people. This new feature appears on the user’s profile…
French Finance Minister Bruno Le Maire is pushing for the deal so as to retain earnings of large tech companies who use clever strategies and tax loopholes to evade taxes. On Monday, French Finance Minister Bruno Le Maire stated, the European Union plans on introducing digital taxes for large internet firms such as Google and…
