Social media industry

A person wearing protective masks due to coronavirus fears walks past a boarded up business in Philadelphia, Tuesday, March 24, 2020. (AP Photo/Matt Rourke)
March 24, 2020 - 7:17 pm
The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Here's a look at developments Tuesday as central banks, businesses and workers attempt to navigate a global outbreak that has brought economic activity to a standstill...
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Workers dismantle a booth after that the 90th Geneva International Motor Show (GIMS) is cancelled by Swiss authorities, at the Palexpo in Geneva, Switzerland, Friday, Feb. 28, 2020. The 90th edition of the International Motor Show, scheduled to begin on March 5th, is cancelled due to the advancement of the (Covid-19) coronavirus in Switzerland. The Swiss confederation announced today that all events involving more than 1,000 people would be banned until 15 March. (KEYSTONE/Salvatore di Nolfi)
March 03, 2020 - 7:56 pm
FRANKFURT, Germany (AP) — Fine wines and hipster gin. Hunting rifles and knives. Contemporary paintings and million-dollar sports cars. They're all marketed at trade events that are quickly going dark across the globe due to the new coronavirus - and taking with them sales opportunities that may be...
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Facebook CEO Mark Zuckerberg speaks at the Silicon Slopes Tech Summit in Salt Lake City on Friday, Jan. 31, 2020.(Trent Nelson/The Salt Lake Tribune via AP)
February 12, 2020 - 5:25 am
LONDON (AP) — The British government says it will give regulators the power to fine social media companies for harmful material on their platforms. Plans announced Wednesday would give the U.K.’s telecommunications watchdog, Ofcom, power to enforce a “duty of care” on companies such as Facebook and...
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FILE - In this Feb. 8, 2018, file photo, the logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange. Twitter reports earnings Thursday, Oct. 25. Twitter reported Thursday, Feb. 6, 2020 that its fourth-quarter net earnings fell to $119 million from $255 million in the same period a year earlier but the number of daily users rose. (AP Photo/Richard Drew, File)
February 06, 2020 - 1:25 pm
Shares in Twitter jumped Thursday after the social media company said revenue and user numbers exceeded forecasts in the latest quarter, though profit fell as expenses rose. The San Francisco-based tech company said that fourth-quarter net income fell 53% to $119 million, or 15 cents per share...
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January 17, 2020 - 5:50 am
LONDON (AP) — Britain's Royal College of Psychiatrists is urging that mammoth tech companies like Facebook and Twitter turn over research about possible dangers caused to young people by excessive social media use. The group also calls for higher rates of taxation on these companies, with some of...
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A sign welcomes motorists to Tierra del Mar, Ore., Wednesday, Jan. 8, 2020. The tiny coastal village is opposing a plan by Facebook to build a landing spot for a submarine cable connecting America with Asia. (AP Photo/Andrew Selsky)
January 09, 2020 - 5:25 pm
TIERRA DEL MAR, Ore. (AP) — A battle playing out in Oregon is pitting residents of a tiny coastal town with no stoplights or cellphone service against one of the world's biggest tech companies. Locals in Tierra del Mar are trying to stop Facebook from using property in their quiet community to...
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FILE - This July 9, 2019, file photo shows pedestrians walking across the street from the Twitter office building in San Francisco. Twitter says it has removed nearly 6,000 accounts it has deemed tied to a state-backed information operation in Saudi Arabia. (AP Photo/Jeff Chiu, File)
December 20, 2019 - 8:18 pm
NEW YORK (AP) — Twitter has identified and removed nearly 6,000 accounts that it said were part of a coordinated effort by Saudi government agencies and individuals to advance the country's geopolitical interests. Separately, Facebook said it removed hundreds of Facebook accounts, groups and pages...
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FILE - In this April 29, 2015 file photo, a woman uses her smartphone near a booth for the Chinese Internet company Tencent at the Global Mobile Internet Conference in Beijing. Chinese tech companies including social media giant Tencent have been ordered by regulators to clean up how their apps handle user information or face possible penalties. The industry ministry said Thursday, Dec. 19, 2019 that 41 apps failed an examination following orders to ensure they comply with user data rules. (AP Photo/Mark Schiefelbein, File)
December 19, 2019 - 4:56 am
BEIJING (AP) — Chinese tech companies including social media giant Tencent were ordered by regulators on Thursday to clean up how their apps handle user information or face possible penalties. The order is the latest in a series of crackdowns by Communist authorities who encourage internet use but...
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This combination of images shows logos for companies from left, Twitter, YouTube and Facebook. Social media companies are failing to stop manipulated activity, according to a report Friday, Dec. 6, 2019 by NATO-affiliated researchers who said they were easily able to buy tens of thousands of likes, comments and views on Facebook, Twitter, YouTube and Instagram. Most of the phony accounts and the activity they engaged in remained online weeks later, even after researchers at the NATO Strategic Command Centre of Excellence flagged it up as fake. (AP Photos/File)
December 06, 2019 - 10:57 am
LONDON (AP) — Social media companies are failing to stop manipulated activity, according to a report Friday by NATO-affiliated researchers who said they were easily able to buy tens of thousands of likes, comments and views on Facebook, Twitter, YouTube and Instagram. Most of the phony accounts and...
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FILE - This April 22, 2005, file photo, shows logos for MasterCard and Visa credit cards at the entrance of a New York coffee shop. Visa and Mastercard are dropping out of Facebook’s Libra project, a potentially fatal blow to the social network’s plan for a worldwide digital currency, Friday, Oct. 11, 2019. (AP Photo/Mark Lennihan, File)
October 12, 2019 - 8:05 am
Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end for the digital currency. On Friday, Visa and MasterCard announced their departures from the Libra project, as did e-commerce giant eBay and payments startup Stripe. Last week,...
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