Hunt for Shoppers: Luxury Brands Raising Stakes on Instagram
2019-06-07 16:10:35 UTC
PARIS (Reuters) - Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from dance-fuelled fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers.
Without the entry barriers of magazine advertising - where a one page glossy ad can cost tens of thousands of dollars - sites like Instagram, a fashionista favorite, have allowed unknown labels to find an audience with canny or eye-catching campaigns.
But big bucks are changing the game as cash rich luxury goods groups like LVMH and Kering hike their social media budgets, giving them vast mea...
Facebook Bans White Nationalism and Separatism on Its Platforms
2019-03-27 18:01:14 UTC
<p>(Reuters) - Facebook Inc on Wednesday announced a ban on praise, support and representation of white nationalism and separatism on its social media platforms, furthering its efforts to tackle hate speech. </p><p>These bans will be enforced next week, the social media giant said in a blog <a href="https://newsroom.fb.com/news/2019/03/standing-against-hate">here</a> post. </p><p>Facebook said it would also start connecting people who search for terms associated with white supremacy to organizations focused on helping people leave behind hate groups. </p><p>Reporting by Sonam Rai in Bengaluru; Editing by Anil D'Silva</p>
Chinese Company to Sell Popular Dating App Grindr
2019-03-27 17:54:06 UTC
(Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.
The Committee on Foreign Investment in the United States (CFIUS) has informed Kunlun that its ownership of West Hollywood, California-based Grindr constitutes a national security risk, the two sources said.
CFIUS’ specific concerns and whether any attempt was made to mitigate them could not be learned. The United States has been increasingly scrutinizing app deve...
Wikileaks Tells Media to Stop Spreading Falsehoods About Assange
2019-01-07 01:25:59 UTC
LONDON (Reuters) - WikiLeaks on Sunday advised journalists not to report 140 different “false and defamatory” statements about its founder Julian Assange, who has been holed up in the Ecuadorean embassy in London since June 2012.
It was not immediately clear what prompted the advice to media organizations, but WikiLeaks singled out Britain’s Guardian newspaper for publishing what it said was a false report about Assange. The Guardian did not immediately respond late on Sunday to a Reuters request for comment.
The Australian set up WikiLeaks as a channel for publishing confidential information from anonymous sources. He is a hero to s...
Facebook says hackers accessed data from 29 million accounts
2018-10-12 17:50:55 UTC
NEW YORK (AP) — Facebook says hackers accessed data from 29 million accounts as part of the security breach disclosed two weeks ago.
The exact number hadn’t been known before. Originally Facebook said 50 million accounts could have been affected, but Facebook didn’t know if they had been misused.
The hackers accessed name, email addresses or phone numbers from those 29 million accounts. For 14 million of those accounts, hackers got even more data, such as hometown, birthdate, the last 10 places they checked into or 15 most recent searches. One million accounts were affected but hackers didn’t gain information. The social media servic...
Dominated by men: Amazon scraps tool that showed bias against women
2018-10-11 21:53:47 UTC
SAN FRANCISCO (Reuters) - Amazon.com Inc’s (AMZN.O) machine-learning specialists uncovered a big problem: their new recruiting engine did not like women.
The team had been building computer programs since 2014 to review job applicants’ resumes with the aim of mechanizing the search for top talent, five people familiar with the effort told Reuters.
Automation has been key to Amazon’s e-commerce dominance, be it inside warehouses or driving pricing decisions.
<blockquote><h2>Amazon’s experimental hiring tool</h2>The company’s experimental hiring tool used artificial intelligence to give job candidates scores ranging from one to fiv...
Plunge in Facebook shares rattled Amazon options market
2018-07-26 18:56:45 UTC
SAN FRANCISCO/NEW YORK (Reuters) - A plunge in Facebook Inc shares rattled the Amazon.com Inc options market on Thursday, with the social network’s fellow FAANG company due to report quarterly results later in the day.
Facebook on Wednesday warned about a margin hit as revenue growth slows and user privacy costs climb, and its 20 percent share drop heightened focus on the online retailer, already a closely watched stock.
Amazon was the second-biggest decliner in the so-called FAANG group of high-flying tech companies, but Facebook’s second-quarter earnings also cast a pall on shares of Apple Inc, Netflix Inc and Google parent Alphabe...
EU privacy law: Companies to be more attentive to user data
2018-05-25 06:40:19 UTC
BRUSSELS (Reuters) - New European privacy regulations that go into effect on Friday will force companies to be more attentive to how they handle customer data, while bringing consumers both new ways to control their data and tougher enforcement of existing privacy rights.
The European Union General Data Protection Regulation (GDPR) replaces the bloc’s patchwork of rules dating back to 1995 and heralds an era where breaking privacy laws can fetch fines of up to 4 percent of global revenue or 20 million euros ($23.48 million), whichever is higher, as opposed to a few hundred thousand euros.
Many privacy advocates around the world have ...
Facebook tracks people whether they have accounts or not
2018-04-15 17:05:17 UTC
SAN FRANCISCO (Reuters) - Concern about Facebook Inc’s (FB.O) respect for data privacy is widening to include the information it collects about non-users, after Chief Executive Mark Zuckerberg said the world’s largest social network tracks people whether they have accounts or not.
Privacy concerns have swamped Facebook since it acknowledged last month that information about millions of users wrongly ended up in the hands of political consultancy Cambridge Analytica, a firm that has counted U.S. President Donald Trump’s 2016 electoral campaign among its clients.
Zuckerberg said on Wednesday under questioning by U.S. Representative Ben...
Zuckerberg: We made mistakes allowing Cambridge Analytica to take users' data
2018-03-21 21:56:42 UTC
SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) Chief Executive Mark Zuckerberg said on Wednesday that the social media company made mistakes that allowed data about users to end up with the analytics firm Cambridge Analytica and said the company would make changes.
Zuckerberg, in his first comments since the company disclosed on Friday the misuse of personal data, said in a post on Facebook that the company “made mistakes, there’s more to do, and we need to step up and do it.”
<blockquote><h3>Academic in Facebook storm worked on Russian 'dark' personality project</h3>
MOSCOW/FRANKFURT (Reuters) - The psychologist at the cente...
BlackBerry sues Facebook, WhatsApp, Instagram over messaging patents
2018-03-06 21:16:34 UTC
BlackBerry filed a patent infringement lawsuit against Facebook and its WhatsApp and Instagram apps, arguing that they copied technology and features from BlackBerry Messenger.
Litigation over patent infringement is part of BlackBerry Chief Executive John Chen’s strategy for making money for the company, which has lost market share in the smartphone market it once dominated.
“Defendants created mobile messaging applications that co-opt BlackBerry’s innovations, using a number of the innovative security, user interface, and functionality enhancing features,” Canada-based BlackBerry said in a filing with a Los Angeles federal court.
Russian agents created significant US election events on Facebook
2018-01-26 07:00:24 UTC
WASHINGTON/SAN FRANCISCO (Reuters) - Facebook said Russian agents created 129 events on the social media network during the 2016 U.S. election campaign, according to testimony to Congress, shedding more light on Russia’s purported disinformation drive aimed at voters.
Facebook, in a written statement to U.S. lawmakers released on Thursday and dated Jan. 8, said that 338,300 different Facebook accounts viewed the events and that 62,500 marked that they would attend. The company said it did not have data about which of the events took place.
Facebook, the world’s largest social media network, said in September only that Russians had cr...
Twitter intends to notify users exposed to Russian propaganda
2018-01-17 21:49:39 UTC
WASHINGTON (Reuters) - Twitter may notify users whether they were exposed to content generated by a suspected Russian propaganda service, a company executive told U.S. lawmakers on Wednesday.
The social media company is “working to identify and inform individually” its users who saw tweets during the 2016 U.S. presidential election produced by accounts tied to the Kremlin-linked Internet Research Army, Carlos Monje, Twitter’s director of public policy, told the U.S. Senate Commerce, Science and Transportation Committee.
A Twitter spokeswoman did not immediately respond to a request for comment about plans to notify its users.
The end of US net neutrality is a license to print money
2017-12-18 06:59:52 UTC
<blockquote><strong>So far, all data on the internet has had to be transported on an equal footing, above all at the same speed. In the US, that will change. Joerg Brunsmann asks why politicians are making it so cheap for providers.</strong>
I can understand internet providers. For the last quarter of a century or so, they have been building and maintaining data highways and have created an overarching infrastructure.
And why watch enviously while your customers use it to earn money hand over fist, when at the same time you yourself could quickly and easily earn a lot of money with an internet that worked at different speeds?
Log In or Sign Up: Facebook, Google, Twitter agree on 'G7' plan to counter terror propaganda
2017-10-23 06:38:56 UTC
The leading technology companies including Facebook, Google, Twitter and G7 countries have agreed to work together to combat online terror propaganda.
The Group of Seven (G7) countries and some of the world's biggest technology firms agreed on a plan to remove jihadi material from the web within two hours of being posted.
"These are the first steps towards a great alliance in the name of freedom," Italian Interior Minister and host Marco Minniti said after a two-day meeting on the Italian island of Ischia off Naples.
Security experts have been warning about the manner in which extremist groups around the world have been efficientl...
Facebook Provides Congress Over 3,000 Russian Bought Ads
2017-09-21 20:09:00 UTC
Mark Zuckerberg, Facebook’s chief executive, is planning to release the content of more than 3,000 ads purchased by Russian operatives during the 2016 U.S. presidential campaign, reversing a decision that had frustrated Capitol Hill investigators.
Zuckerberg announced on Thursday that the company will share with Congress “the content and related information of the more than 3,000 ads that appear to be linked with a Russian entity known as the <strong><i>Internet Research Agency</i></strong>”, the company said.
Facebook has been engulfed in a political storm over Moscow’s use of social media to meddle in US politics after revealing th...
Facebook wants to be a "hostile environment for terrorists"
2017-06-04 18:14:21 UTC
Facebook said it wanted to make its social media platform a "hostile environment" for terrorists in a statement issued after attackers killed seven people in London and prompted Prime Minister Theresa May to demand action from internet firms.
Three attackers drove a hired van into pedestrians on London Bridge and stabbed others nearby on Saturday night in Britain's third major militant attack in recent months.
May responded to the attack by calling for an overhaul of the strategy used to combat extremism, including a demand for greater international regulation of the internet, saying big internet companies were partly responsible for...
Facebook focuses on Vox, BuzzFeed and others for video service
2017-05-24 20:47:43 UTC
NEW YORK — Facebook has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources familiar with the situation.
Facebook is planning two tiers of video entertainment: scripted shows with episodes lasting 20 to 30 minutes, which it will own; and shorter scripted and unscripted shows with episodes lasting about 5 to 10 minutes, which Facebook will not own, according to the sources.
All of the sources asked to remain anonymous because th...
Trump Threatens to Replace the WH Press Briefing with Tweets
2017-05-13 07:25:37 UTC
U.S. far-right nationalist President Donald Trump sounded off on "The Fake Media," firing back as details continue to unfold after this week's firing of FBI Director James Comey.
An interview with NBC News' Lester Holt and the president aired on Thursday evening, including an exchange where Trump revealed he had asked Comey whether he was under investigation for alleged ties to Russia.
Holt's interview prompted a wave of criticism and commentary on Thursday evening as many pointed to Trump's contradicting White House deputy press secretary Sarah Huckabee Sanders, who said Comey's firing would hasten the FBI's Russia investigation, wh...
Facebook suspended 30,000 accounts in France, to stop the spread of fake news
2017-04-14 05:39:08 UTC
SAN FRANCISCO — Facebook Inc said on Thursday it suspended 30,000 accounts in France as the social network giant steps up efforts to stop the spread of fake news, misinformation and spam.
The move, which comes 10 days before the first round of a hotly contested French presidential election, is among the most aggressive yet by Facebook to move against accounts that violate its terms of service, rather than simply respond to complaints.
Facebook is under intense pressure in Europe as governments across the continent threaten new laws and fines unless the company moves quickly to remove extremist propaganda or other content that violate...
Twitter Refuses To Reveal User Behind Anti-Trump Account
2017-04-07 04:52:53 UTC
By David Ingram |
SAN FRANCISCO — Twitter Inc on Thursday filed a federal lawsuit to block an order by the U.S. government demanding that it reveal who is behind an account opposed to President Donald Trump's tough immigration policies.
Citing freedom of speech as a basis for not turning over records, Twitter filed the lawsuit in federal court in San Francisco and said that the account, <strong><a
href="https://twitter.com/alt_uscis?lang=en">@ALT_uscis</a></strong>, claimed to be run by at least one federal immigration employee. The acronym CIS refers to U.S. Citizenship and Immigration Services, and the account describes itself as...
Wikileaks: Russian- Julian Assange Cooperation
2017-01-04 21:12:24 UTC
As the Kremlin gears up for Putin’s last re-election bid in 18 months, anti-graft crusader Alexei Navalny has emerged as the conduit of choice for rival factions to scoop dirt on each other as they jostle to retain their fiefdoms. While Putin has largely stayed above the fray, anonymous tips and research by Navalny’s staff of 30 have led to a string of revelations about the extravagance of some of the Russian leader’s closest allies, including a new luxury home for his premier, army contracts for his personal chef and private-jet travel for the show dogs of a top official.
Since 2011, when Navalny tried to parlay his popularity as a lit...
Turkey: WikiLeaks releases 294,548 emails from Erdogan's AKP
2016-07-20 21:26:17 UTC
WikiLeaks releases 294,548 emails from Turkey's ruling party, Erdogan's AKP. WikiLeaks said it obtained the emails a week before Friday's attempted coup.
Erdogan declares state of emergency for three months</h2></a><hr>
WikiLeaks has published 294,548 emails along with thousands of attached files from 762 mail boxes that allegedly belong to the primary email domain of Turkish President Erdogan's ruling Justice and Development Party (AKP).
The most recent email in the trove released by the whistle-blowing organization on Tuesday was sent on July 6, 2016. Th...
GOP believe Facebook is “censoring” the right
2016-05-12 07:50:57 UTC
Facebook and a top Republican Senator have responded to allegations from the tech website Gizmodo that Facebook is suppressing ideologically conservative news or stories from conservative organizations from its "trending topics" column.
According to an article Gizmodo published on Monday, Facebook wasn't just relying on algorithms to determine which stories made it onto the list of developing news on the right-hand side of its homepage. The article alleged that contracted employees called "human curators" helped decide what stories appeared, and that it "often depended on the taste of individual supervisors — some of whom were said to f...
Social media step up battle against militant propaganda
2015-12-06 07:57:06 UTC
Facebook, Google and Twitter are stepping up efforts to combat online propaganda and recruiting by Islamic militants, but the Internet companies are doing it quietly to avoid the perception that they are helping the authorities police the Web.
On Friday, Facebook Inc said it took down a profile that the company believed belonged to San Bernardino shooter Tashfeen Malik, who with her husband is accused of killing 14 people in a mass shooting that the FBI is investigating as an "act of terrorism."
Just a day earlier, the French prime minister and European Commission officials met separately with Facebook, Google, Twitter Inc and other ...