Facebook fears no FTC fine

Reports emerged today that the FTC is considering a fine against Facebook that would be the largest ever from the agency. Even if it were ten times the size of the largest, a $22.5 million bill sent to Google in 2012, the company would basically laugh it off. Facebook is made of money. But the…

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Facebook is secretly building LOL, a cringey teen meme hub

How do you do, fellow kids? After Facebook Watch, Lasso, and IGTV failed to become hits with teens, the company has been quietly developing another youthful video product. Multiple sources confirm that Facebook has spent months building LOL, a special feed of funny videos and GIF-like clips. It’s divided into categories like “For You”, “Animals”,…

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Twitter bug revealed some Android users’ private tweets

Twitter accidentally revealed some users’ “protected” (aka, private) tweets, the company disclosed this afternoon. The “Protect your Tweets” setting typically allows people to use Twitter in a non-public fashion. These users get to approve who can follow them and who can view their content. For some Android users over a period of several years, that…

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Facebook is launching political ad checks in Nigeria, Ukraine, EU and India in coming months

Facebook is launching some of its self-styled ‘election security’ initiatives into more markets in the coming months ahead of several major votes in countries around the world. In an interview with Reuters the social networking giant confirmed it’s launching checks on political adverts on its platform in Nigeria, Ukraine and the European Union, reiterating too…

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Facebook says it will invest $300M in local news

Facebook plans to make a significant investment in local news over the next three years, with $300 million going to a variety of initiatives and organizations. The company has had a rocky relationship with news publishers recently. While it’s funded programming from partners like CNN and Fox News, it’s also played a role in some…

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