Facebook tweaks ads policy, continues to allow political ads in U.S. Presidential 2020 campaign

In a statement, Facebook Inc stated, it has tweaked its approach towards political ads and has introduced limited changes, which includes an option for users to turn off certain ad-targeting tools. Facebook has defied critics’ demands of barring political ads in its platform which often spew out fake news. Facebook, the world’s biggest social network,…

Facebook to pay $5 billion fine as part of a sweeping settlement with the FTC

While the settlement resolves a major regulatory overhead for Facebook, the embattled social media giant still faces potential antitrust probes from the FTC and Justice Department. On Wednesday, in a significant development, the Federal Trade Commission stated, Facebook Inc has agreed to pay $5 billion as part of a sweeping settlement to create a board…

Facebook’s data deals with Microsoft, Apple and Amazon under grand jury scrutiny

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…

Instagram appoints Vishal Shah as director of product management

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…