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Facebook and eBay following agreement to ban trading of fake reviews

UK regulator warned social sites of fake reviews trading.

Facebook and eBay knocked down hundreds of accounts, generating fake and misleading reviews, according to a report by Britains’ Competition and Markets Authority (CMA). About six months ago , CMA…

Business

Facebook acquires PlayGiga to jump into cloud gaming

Facebook gaming is expanding!

Facebook has acquired PlayGiga, a startup focused on cloud video games, as reported by CNBC . PlayGiga has one of the advanced video game streaming platforms in Europe. PlayGiga, based…

Meta

WhatsApp bug allows hackers to crash the app with one message

'... is typing a message'

WhatsApp, owned by Facebook, has fixed a severe security bug that could let a hacker crash the messaging app in a group chat and make the users use further only…

Facebook

Facebook worker is fired for accepting bribes to restore banned accounts

A Facebook contractor accepted thousands of dollars from Ads Inc. to reverse the ban on accounts.

A Facebook contractor has reportedly accepted thousands of dollars in bribes to reactivate banned accounts, according to an investigation by BuzzFeed News. A marketing agency based in San Diego, Ads…

Facebook

Top 5 tech news of the week

Protests, Facebook posts, YouTube ban, Apple..!

Here are the top five tech news by popularity of last week. Singapore tells Facebook to correct anti-government post on 29 Nov An online news publishing website State Time Review…

Facebook

Singapore tells Facebook to correct anti-government post

Singapore government asked Facebook to issue a correction notice on a post published by the State Times Review page. The country believes that the anti-government post contains “false statements of…

Business

D1 Capital Partners making big bets on FAANG Stocks

Founded in 2017, New York based D1 Capital Partners is one of the youngest prominent hedge fund firms.

Dan Sundheim’s D1 Capital Partners strengthened its position in Amazon by injecting $588 million during the third quarter, according to regulatory filings released Thursday. The hedge fund, which is investing…

Business

Facebook reportedly aimed to acquire Fitbit before Google

Facebook was interested to pay up to $1 billion to acquire Fitbit. Google has acquired Fitbit for $2. …

The giant social networking company Facebook was also interested in buying Fitbit for $1 million that is approximately half of the amount Google offered to acquire it. As we already…

Business

Facebook Libra project is coming up with other cryptocurrency ideas

“We could do it differently,'' said by the Head of Libra project for Facebook.

There is a raised possibility that Facebook could use cryptocurrencies based on national currencies, to bring its long-awaited Libra project into the action. In the wake of growing skepticism about…

Apple

Is Silicon Valley paying enough Tax?

Silicon Valley is facing a new type of tax on its revenue instead of their profits.

In the wake of the 2020 Presidential Election Campaign, Bernie Sanders unveiled his idea of wealth tax. The veteran senator called “ Billionaires shouldn’t exist.. ” last week in Washington.…