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Facebook gives Nigerian advertisers deadline to update VAT records

Facebook gives Nigerian advertisers deadline to update VAT records

By Prince Osuagwu Facebook on Thursday warned Nigerian advertisers on its platform to update their Value Added Tax, VAT, records to the site on or before February 25, 2022, or risk not having their adverts displayed on the platform. The warning apparently followed Federal Government’s resolve to tax foreign-based social media platforms, who earn money from […]
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Facebook to launch cooperation with German media in May

Facebook to launch cooperation with German media in May

Facebook will start showing news content from numerous German publishers and media outlets on a dedicated part of its site from May, the social media giant announced on Monday. “We’re going to invest about a billion dollars in Facebook News worldwide over the next three years,” Jesper Doub, the Director for News Partnerships in Europe, […]

Facebook to invest $1bn in news industry after Australia row

Facebook to invest $1bn in news industry after Australia row

Facebook Inc on Wednesday pledged to invest at least 1 billion dollars in the news industry over the next three years, days after a high-profile stand-off with the Australian government over paying news outlets for content. The social network’s commitment to the news industry follows Google’s 1 billion dollars investment in 2020, as technology giants […]

Apple, Facebook score with pandemic-hit consumers: profits surge

Apple, Facebook score with pandemic-hit consumers: profits surge

Apple and Facebook on Wednesday delivered stunning gains in profits and revenues over the past quarter, in the latest sign that Big Tech is delivering for pandemic-hit consumers around the world. Blowout quarterly updates from the two Silicon Valley giants highlighted how consumers relied on social media, digital services and gadgetry as they hunkered down […]

WhatsApp promotes commitment to privacy with forced status

WhatsApp promotes commitment to privacy with forced status

By Rasheed Sobowale Many users of the popular instant messaging platform, WhatsApp, woke up to a surprising status update on their phone. The Facebook-owned company in its bid to promote its commitment to privacy updated every users’ status. It started the update notifying its users; “WhatsApp is now on status! We’ll let you know about […]

US FTC’s antitrust case against Facebook gets new judge

US FTC’s antitrust case against Facebook gets new judge

The U.S. Federal Trade Commission’s antitrust lawsuit against Facebook was transferred to another judge on Tuesday so that it and a similar case filed by state attorneys general will be heard by the same person, according to a court filing on Tuesday. READ ALSO: Coronavirus: Sequencing of Nigerian variant at midway point — OMILABU Both […]

Breaking: Days after deleting Trumps account, Facebook shuts Ugandan govt officials accounts

Breaking: Days after deleting Trumps account, Facebook shuts Ugandan govt officials accounts

Facebook has shut a slew of accounts belonging to Ugandan government officials accused of seeking to manipulate public debate ahead of elections Thursday, the internet giant told AFP on Monday. The East African nation is holding presidential and parliamentary elections after a tense and bloody campaign, with President Yoweri Museveni, 76, facing a stiff challenge […]

Breaking: Facebook bans Trump ‘indefinitely’: Zuckerberg

Breaking: Facebook bans Trump ‘indefinitely’: Zuckerberg

Facebook banned President Donald Trump from the platform “indefinitely” due to the US leader’s efforts to incite the violence in the US capital this week, chief executive Mark Zuckerberg said Thursday. Zuckerberg said on his Facebook page that the ban, which was announced Wednesday for 24 hours, was extended because of Trump’s “use of our […]

Facebook antitrust suits seek to divest Instagram, WhatsApp

Facebook antitrust suits seek to divest Instagram, WhatsApp

US federal and state antitrust enforcers filed suit against Facebook on Wednesday claiming the social media giant abused its dominant position with its acquisitions of messaging services Instagram and WhatsApp. Separate suits filed by the Federal Trade Commission and a coalition of state officials called for the divestment of Instagram and WhatsApp, services which have […]

Facebook buys online customer service startup Kustomer

Facebook buys online customer service startup Kustomer

Facebook on Monday announced it is buying a startup specializing in helping businesses interact with customers online. The acquisition of five-year-old Kustomer comes as the leading social network continues to weave e-commerce into offerings, particularly its WhatsApp and Messenger messaging services. More than 175 million people contact businesses via WhatsApp daily, and the number is […]