TikTok’s new CEO lashes out at Facebook’s “evil attacks”

Kevin Mayer, the new CEO of TikTok, has accused Facebook of wanting to end the presence in the United States of the social network, owned by the Chinese company ByteDance Technology, through “evil attacks”, including the launch of successive products that imitate to the musical micro video platform. Mayer, who before taking over the reins of TikTok last May was responsible for the launch of the Disney streaming platform and had sounded like a possible candidate to head the multinational …

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For Zuckerberg, Facebook’s success is patriotic

(Bloomberg) – Facebook Inc.Chief Executive Officer Mark Zuckerberg is prepared with what he sees as a compelling argument for lawmakers willing to criticize him on antitrust issues: Hindering American tech innovation only helps China. Zuckerberg plans to portray his company as an American success story in a competitive and unpredictable market, now threatened by the rise of Chinese social media applications around the world, and increasingly at home, with the popularity of TikTok, according to people familiar with the matter. …

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Facebook’s Pound has changed, but you can still benefit from Bitcoin

Two terms make up the word cryptocurrency: crypto and currency. It is, therefore, a ‘hidden’ currency, in the sense that it is only visible / usable if a specific computer code is known (the so-called public and private access keys, in an even more technical language). Now, big companies have also launched their own digital currencies. The Pound, Facebook’s currency, has changed. After being criticized when it came out in June 2019, it has now reported in the White Paper, …

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BACKGROUND-Collapse of communications: Facebook’s dispute with the central bank of Brazil

SAO PAULO / BRASILIA, Jul 16 (Reuters) – Allowing millions of Brazilian users of WhatsApp, Facebook’s messaging app, to send money as easily as sending a text seemed like a golden opportunity for the world’s largest social network. File photo. Illustration with the WhatsApp logo in binary codes. November 26, 2019. REUTERS / Dado Ruvic / Illustration The ubiquitous messaging application finally entered the financial sector with a payment service in the largest economy in Latin America, after years of …

Leer masBACKGROUND-Collapse of communications: Facebook’s dispute with the central bank of Brazil

The New York Times: What is Facebook’s deal with Donald Trump?

Illustration: Brandon Celi / The New York Times On November 20, NBC News broke the news that Mark Zuckerberg, Donald Trump, and Facebook board member Peter Thiel had dined together at the White House the previous month. “It is not clear why the meeting was not made public or what Trump, Zuckerberg and Thiel discussed,” the report said. That was it. Nothing else has emerged since then. It is not the date, not who organized the menu, the venue, the …

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Advertising Exodus Threatens Facebook’s Revenue Growth

A growing list of advertisers on Facebook Inc. plans to suspend spending on social media, undermining the company’s sales prospects and putting further pressure on its stock price. Starbucks Corp., Levi Strauss & Co., PepsiCo Inc. and Diageo Plc are some of the companies that have recently announced a cut in advertising spending, part of an exodus aimed at putting pressure on Facebook and other companies in the sector to remove comments that glorify violence, divide and misinform the public, …

Leer masAdvertising Exodus Threatens Facebook’s Revenue Growth