Moscow/Sputnik: The US food and beverage giant PepsiCo is set to pull its adverts from Facebook, joining a range of firms that have started a boycott of the social media platform due to concerns over its inability to monitor and police hateful content, the Fox News broadcaster reported on Sunday, citing sources in the company.
Mumbai/IBNS: After Facebook acquired 9.99% in Reliance Jio in a bid to grab a lion's share of India's booming digital economy, Amazon.com is also on its way to purchase approximately 5% stake in Bharti Airtel, for which the talks are still in preliminary phase, reported Reuters.
Mumbai/IBNS: Indian businessman Mukesh Ambani pipped China's Jack Ma to once again become Asia's richest person after striking a deal with Mark Zuckerberg's Facebook Inc. a day ago, media reports said.
New York/IBNS: In what is seen as the largest Foreign Direct Investment ( FDI) in the Indian tech sector, social media giant Facebook will buy 9.99 percent stake in Reliance Industries led Jio Platforms.
San Francisco/Xinhua/UNI: U.S. top social networking company Facebook Inc. Wednesday reported double-digit revenue growth for the fourth quarter and full year ended Dec. 31, 2019.
New Delhi/UNI: Gearing up for an aggressive marketing agenda across its family of apps, Facebook on Friday announced latest addition to the India leadership team Avinash Pant, who will take on the role of Marketing Director at Facebook India.
Moscow (Sputnik/UNI) Payment company Paypal said it has withdrawn its participation in Facebook's cryptocurrency project Libra, becoming the first company to end its support for the project amid backlash from authorities.
Washington, June 18 (IBNS): In a major development, social media giant Facebook on Tuesday unveiled its highly-anticipated digital currency project. It's called Libra.
Washington, Nov 19 (IBNS): Facebook investors have increased pressure on the social media site's Chief Executive Officer (CEO) Mark Zuckerberg and asked him to step down after a New York Times report suggested the company has hired a Republican-owned political consulting and PR firm, media reports said.
Menlo Park, Mar 24 (IBNS): Social networking giant Facebook has endured a tough week, losing USD 58 billion following the company's admission that it failed to properly handle a data breach, allowing Cambridge Analytica to siphon personal data of over 50 million users.
Mumbai, Feb 13 (IBNS): Starting from Wednesday, Facebook will be available on the JioPhone, India ka smartphone.
New York, Jan 31 (IBNS):In a major move, popular social networking site Facebook Wednesday announced it has decided to block any advertising promoting cryptocurrency products and services.
New York, June 15 (IBNS): Popular social networking site Facebook has introduced 'Fundraisers' option to its Safety Check feature.
New York, Oct 19 (IBNS): Popular social networking site Facebook on Wednesday said it has introduced features by which users in the US can order food through the pages of the restaurants.
New York, Sept 20 (IBNS): In a bid to help develop strategies for its Messenger app, popular social networking site Facebook has hired former senior executive at Yahoo Inc. Anand Chandrasekaran, media reports said.