Social Networking News

Rolling news and analysis coverage of the major social networking businesses around the globe and the sector as a whole.

Platform News: Facebook on a smartphone

Australia sues Facebook, alleging breach of user data

The Australian privacy regulator filed a lawsuit against Facebook Inc accusing the social media giant of sharing the personal details of more than 300,000 people with political con...

Platform News: President Joe Biden talking about technology on the campaign trail

Twitter labels edited video clip of Biden retweeted by Trump as manipulated media

Twitter Inc has used its new “manipulated media” label for the first time on a video clip of US Democratic presidential candidate Joe Biden that was later retweeted by ...

Facebook

Facebook closes London offices until Monday due to coronavirus

Facebook said on Friday it is closing its London offices until Monday morning after a visiting employee from Singapore was tested and diagnosed with coronavirus. 

Grindr

Grindr’s owner says to sell social media app for $608 million

The Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that it has agreed to sell Grindr LLC, a popular gay dating app it acquired in 2016, for about $608.5 million.

Platform News: Twitter App

Twitter bans posts that ‘dehumanise’ people in connection with diseases

Twitter Inc said on Thursday it is banning posts that “dehumanise” people because they have a disease or disability or because of their age, a step that happens to corr...

Indonesia

Twitter and Facebook suspend accounts linked to Indonesian army’s Papua campaign

Twitter and Facebook have suspended more than 80 accounts across their platforms following an investigation by news agency Reuters that linked them to a network of news websites ba...

Platform Industry: Tesla's Elon Musk

Musk tweets his support for Dorsey remaining as Chief Executive of Twitter

Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc’s chief executive officer, two days after reports that activist investor Elliott Management Co...

Platform News: China

Facebook restricts employee travel to China amid Coronavirus concern

Facebook Inc has become one of the first US technology companies to ask its employees to suspend any and all non-essential travel to China. They hope to help prevent the spread of ...

Platform Economy: The technology sector in Paris, France

Macron and Trump agree to tariff truce in digital tax dispute

The President of France has tweeted that he had a “great discussion” with President of the United States, Donald Trump over a digital tax that France had been planning. The Emmanue...

Platform Industry: Google search engine

Alphabet’s market cap hits $1 trillion

Shortly before close of trading on Thursday, Google’s parent company Alphabet became the fourth S&P component to hit a market cap of $1 trillion. It ended the day trading at $1...

Facebook App

Facebook’s share price hits record high

Shares of Facebook Inc have finally recovered from its long period of scandal and turbulence, returning to their highest level since mid-2018.

Zuckerberg

Zuckerberg: No more annual goals

Facebook’s Founder and CEO Mark Zuckerberg has stated that he is dropping his annual personal challenges this year to take a longer-term focus on the 2020’s.

Platform News: Facebook Social Media Buttons

Facebook is changing its deepfake policy

Facebook Inc has said it will remove deepfakes and other manipulated videos from its platforms if they have been edited. However, the Menlo Park, California-based social media gian...

Facebook's Libra

Ueli Maurer: Facebook’s Libra has failed in its current form

The President of Switzerland has stated that Facebook’s controversial cryptocurrency project has failed in its current form and needs reworking to be approved.