Category: Facebook

Facebook shareholders try and fail to limit Mark Zuckerberg’s power

Mark Zuckerberg holds all the cards.Image: justin sullivan  / Getty Images By Karissa Bell2019-05-30 22:22:01 UTC Calls for Mark Zuckerberg’s power to be reined in continue to grow louder – not that it matters.  That much was clear during Facebook’s annual shareholders meeting on Thursday, where Zuckerberg faced numerous calls for his power to be
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Indonesia restricts WhatsApp, Facebook and Instagram usage following deadly riots – TechCrunch

Indonesia is the latest nation to hit the hammer on social media after the government restricted the use of WhatsApp and Instagram following deadly riots yesterday. Numerous Indonesia-based users are today reporting difficulties sending multimedia messages via WhatsApp, which is one of the country’s most popular chat apps, and posting content to Facebook, while the
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Friend portability is the must-have Facebook regulation – TechCrunch

Choice for consumers compels fair treatment by corporations. When people can easily move to a competitor, it creates a natural market dynamic coercing a business to act right. When we can’t, other regulations just leave us trapped with a pig in a fresh coat of lipstick. That’s why as the FTC considers how many billions
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Chipper Cash convinces Joe Montana to invest in African fintech – TechCrunch

The African no-fee, cross-border payment startup Chipper Cash has raised a $2.4 million seed round led by Deciens Capital. The payments company also persuaded 500 Startups and Liquid 2 Ventures—co-founded by Joe Montana—to join the round. Chipper Cash’s Ugandan chief executive, Ham Serunjogi, pitched the U.S. football legend directly. “He was quite excited about what
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Facebook bans a fresh batch of mostly far-right figures – TechCrunch

Facebook just announced a new mini-purge of controversial accounts that violate the platform’s rules. In this instance, Facebook cited its policy against “dangerous individuals and organizations” to bring the ban hammer down on Milo Yiannopoulos, Paul Joseph Watson, Laura Loomer, Paul Nehlen, Louis Farrakhan. The company also doubled down on its position toward Alex Jones
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India’s Times Internet isn’t ceding ground to US rivals Facebook and Google – TechCrunch

The aggressive push by Silicon Valley companies and Chinese firms to win India, one of the last great growth markets, has decimated many local businesses in recent years. With each passing day, Amazon is closing in on Walmart-owned Flipkart’s lead on the e-commerce space. Uber is fighting with Ola for the tentpole position of the
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Sri Lanka blocks social media sites after deadly explosions – TechCrunch

The government of Sri Lanka has temporarily blocked access to several social media services following deadly explosions that ripped through the country, killing at least 207 people and injuring hundreds more. Eight bombings were reported, including during Easter services at three churches, on the holiest weekend of the Christian calendar. In a brief statement, the
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