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Tag Archives: facebook

Twitter to ban political ads worldwide on its platform

Washington, United States | AFP | Twitter will stop accepting political advertising globally on its platform, the company said, responding to growing concerns over misinformation from politicians on social media. Chief executive Jack Dorsey tweeted that while internet advertising “is incredibly powerful and very effective for commercial advertisers, that power brings …

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Facebook takes more heat for enabling political falsehoods

Washington, United States | AFP | Facebook came under fresh criticism Tuesday for its hands-off approach to political speech, as a group of employees and US lawmakers called on the social network to apply fact-checking for politicians spreading misinformation. A letter from Facebook employees urged the company to crack down on …

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More companies back away from Facebook’s Libra coin

San Francisco, United States | AFP | Facebook’s digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency. Credit card giants Visa and Mastercard, online marketplace eBay and digital payments firm Stripe each announced they had changed their minds …

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EU governments, Uganda’s Kasaija warn about crypto-currencies

Kampala, Uganda | THE INDEPENDENT & AFP | A day after Uganda’s Finance Minister Matia Kasaija warned about the use of crypto-currencies, European governments are asking questions about Libra, forcing Facebook’s partners to reconsider. Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts …

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