FTC Sues to Break Up Facebook
The US Federal Trade Commission (FTC) has launched a major lawsuit against Facebook, accusing it of anticompetitive conduct with the intent to break the company up.
Facebook Invests $5.7 billion in India’s Jio Platforms
Facebook has announced a $5.7 billion, or INR 43,574 crore, investment in Jio Platforms Limited, part of Reliance Industries Limited, making Facebook its largest minority shareholder.
Trusted News Initiative to Tackle Coronavirus Disinformation
The Trusted News Initiative, a collaboration of major news and tech organisations, will work together to rapidly identify and stop the spread of harmful Coronavirus disinformation.
Kenneth Chenault to Step Down from Facebook Board
Facebook has confirmed that Kenneth Chenault, Chairman and Managing Director at General Catalyst, will not stand for re-election to the Board of Directors.
Facebook Makes New Board Appointments
Facebook has confirmed that Nancy Killefer and Tracey T. Travis have been appointed to the company’s board of directors, effective immediately.
The ABC’s “Learn English” Reaches 5 Million Facebook Followers
The Australian Broadcasting Corporation’s largest Facebook community, ABC Education Learn English, has topped 5 million followers, confirming its status as one of the world’s most popular English-language learning programs.
Dropbox Co-Founder, Drew Houston Joins Facebook Board
Facebook has announced that Drew Houston, co-founder and CEO of Dropbox, has been appointed to the company’s board of directors, effective immediately.
BBC Spearheads Fight Against Disinformation in the Media
The BBC is leading the way in a new industry collaboration to tackle dangerous misinformation, with partners joining in from around the world.