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Web Giants to Cooperate on Removal of Extremist Content

By Julia Fioretti BRUSSELS, Dec 6  – Web giants YouTube, Facebook, Twitter and Microsoft will step up efforts to remove extremist content from their websites by creating a common database. The companies will share ‘hashes’ – unique digital fingerprints they automatically assign to videos or photos – of extremist content they have removed from their

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Social Media Ads to Hit $50 Billion by 2019

LONDON, Dec 5  – The amount of money spent on advertising on social media is set to catch up with newspaper ad revenues by 2020, a leading forecaster said on Monday. The rapid expansion of social media platforms on mobile devices, as well as faster internet connectivity and more sophisticated technology, has triggered a huge

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Facebook Developing Artificial Intelligence to Flag Offensive Live Videos

By Kristina Cooke MENLO PARK, Calif., Dec 1 – Facebook Inc is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, said Joaquin Candela, the company’s director of applied machine learning. The social media company has been embroiled in a number of

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Facebook’s Zuckerberg Discloses Steps to Fight Fake News

By David Bailey Nov 19 – Facebook Inc, facing withering criticism for failing to stem a flood of phony news articles in the run-up to the U.S. presidential election, is taking a series of steps to weed out hoaxes and other types of false information, chief executive Mark Zuckerberg said in a Facebook post Friday

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Google, an Obama Ally, May Face Policy Setbacks Under Trump

By David Shepardson, Malathi Nayak and Julia Love WASHINGTON/SAN FRANCISCO, Nov 18 – Alphabet Inc’s Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump’s incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company’s battles with telecoms and cable heavyweights, analysts say. Google had close

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Do the Benefits of Real Friendships Translate Online?

By Andrew M. Seaman A person’s Facebook activity might be a window into their health and even predict their odds of dying in the short term, a new study suggests. Researchers stop short of saying that using the social networking website will either hasten or delay illness or death, but they conclude that how a

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German Prosecutors Investigate Facebook Over Hate Postings

BERLIN, Nov 5 – German prosecutors are investigating Mark Zuckerberg and other Facebook executives, a spokesman for the Munich prosecutor’s office said on Friday, following a complaint alleging the company broke national laws against hate speech and sedition by failing to remove racist postings. The spokesman declined to provide further details. German attorney Chan-jo Jun

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Drop in Facebook’s Stock Makes for Good Time to Connect

By Tenzin Pema and Rishika Sadam Facebook Inc’s (FB.O) shares fell as much as 5.5 percent in early trading on Thursday, wiping out about $20 billion of market value. Which makes the stock an even better buy, analysts said. The social network may have forecast slowing revenue growth and higher investments next year, but it

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Facebook, Twitter Join Network to Tackle Fake News

NEW YORK, Sept 14 – Facebook Inc and Twitter Inc have joined a network of over 30 news and technology companies to tackle fake news and improve the quality of information on social media, the group said on Tuesday. First Draft Coalition, formed in June 2015 with the backing of Alphabet Inc’s Google, said it

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Facebook Denies Reluctance to Give Data to German Investigators

By Caroline Copley BERLIN, Aug 8 – Facebook rejected on Monday claims made by Germany’s state authorities that it was reluctant to co-operate with them on criminal investigations, saying many of the requests it received for user data were incorrectly formulated. Several regional interior ministers have complained that the social media group is hesitant to

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