Facebook beat Wall Street expectations for both quarterly revenue and profit on Wednesday but warned that growth later this year could "significantly" decline as new privacy policies will make it harder to target ads.
An advocacy group on Thursday called on Facebook Inc Chief Executive Officer Mark Zuckerberg to not create a version of photo-sharing app Instagram for children who are under 13, as it would put them at "great risk".
Forbes' annual world's billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com Inc founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday.
Facebook Inc and Alphabet Inc’s Google agreed to “cooperate and assist one another” in case of an investigation into their pact to work together in online advertising, the Wall Street Journal reported late on Monday.
U.S. tech giants Amazon and Apple have not signed up to a new French initiative to get global tech companies to publicly commit to principles including paying their fair share of taxes, government officials said.
A U.S. House of Representatives panel looking into abuses of market power by big technology companies found they used "killer acquisitions" to smite rivals and forced small firms into "oppressive" contracts.
Facebook beat analysts' estimates for quarterly revenue on Thursday, as businesses used its digital advertising tools to tap a surge in online traffic during the pandemic even as they slashed marketing budgets elsewhere.