Mark Zuckerberg

Facebook, Amazon and Google will soon be forced to comply with strict new rules aimed at curtailing their market dominance in the UK.

Amazon, Apple, Facebook and Google CEO’s face landmark antitrust hearing today

July 29, 2020

Amazon, Apple, Google and Facebook’s chief executives, who together represent a net worth of over $260 billion, will all face a congressional hearing today. Jeff Bezos, Tim Cook, Sundar Pichai…

Amazon’s founder and chief executive Jeff Bezos has sold off around $2 billion in company stock, and reportedly has plans to sell off billions more this year.

Amazon’s Jeff Bezos made $13bn yesterday in the largest single-day rise in personal wealth on record

Companies

Amazon Facebook Jeff Bezos Mark Zuckerberg

July 21, 2020

Ben Stevens

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Amazon chief executive Jeff Bezos made $13 billion yesterday marking the largest single-day rise in individual wealth on record. Bezos, who owns an 11 per cent stake in Amazon, has…

Ikea, Walmart and Peloton have become the latest major brands to pull their Facebook advertising spend but have all chosen to not announce it publicly.

Ralph Lauren quietly pulls Facebook advertising as #StopHateForProfit boycott fails to turn Zuckerberg

Advertising Social Media

#stophateofrprofit boycott Carolina Herrera Facebook Instagram Mark Zuckerberg Ralph Lauren

July 8, 2020

Ben Stevens

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Ralph Lauren and Carolina Herrera have quietly stopped advertising on Facebook as the widespread boycott continues to gather pace. Luxury giant Ralph Lauren pulled advertising on Facebook and Instagram last…

Lego has become the latest retailer to pull its advertising from Facebook while Mark Zuckerberg dismisses the boycott as a “small percentage of our revenue”.

Zuckerberg says advertisers will return “soon enough” as Lego becomes latest to join boycott

Advertising Social Media

#stophateofrprofit boycott Facebook Lego Mark Zuckerberg

July 2, 2020

Ben Stevens

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Lego has become the latest retailer to pull its advertising from Facebook while Mark Zuckerberg dismisses the boycott as a “small percentage of our revenue”. The #StopHateForProfit boycott has continued…

Facebook has posted record fourth quarterly revenues thanks to an “ongoing shift towards online commerce”.

Facebook launches “Shops” across all its platforms in major challenge to Amazon

Apps / Mobile Ecommerce Social Media

Amazon Facebook Instagram Mark Zuckerberg Shops

May 20, 2020

Ben Stevens

Facebook is launching a new ecommerce platform in a major challenge to Amazon and its latest concentrated push into online retail. ‘Facebook Shops’ was launched in the UK and Ireland…

Google’s bid to acquire smartwatch giant Fitbit for $2.1 billion has been conditionally approved by the European Commission.

Fitbit shares jump 3.7% as Facebook revealed to have entered bidding war with Google

Companies News Wearables

Facebook Fitbit Google Mark Zuckerberg Wearables

November 27, 2019

Ben Stevens

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Facebook has been revealed as the mystery rival bidder for Fitbit after Google agreed to acquire the company for $2.1 billion (£1.63 billion) Fitbit’s shares jumped 3.7 per cent yesterday…

WhatsApp’s new payment service allowing users to pay for goods in-app has been suspended just over a week after launching in Brazil.

WhatsApp’s new payment feature to launch in India this year

Apps / Mobile Payment

Facebook India Mark Zuckerberg Whatsapp

July 26, 2019

Ben Stevens

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WhatsApp is set to launch its new payment service, which will allow users to transfer money securely via the app, in India this year. Following a year-long pilot in the…

Facebook to launch its own cryptocurrency in early 2020

Blockchain Cryptocurrency

Bank of England Blockchain cryptocurrency Facebook GlobalCoin Mark Zuckerberg payments social media US Senate

May 24, 2019

Ava Szajna-Hopgood

No Comments

Mark Zuckerberg is planning to launch a cryptocurrency for his social media empire in early 2020, allowing users to make digital payments in a dozen countries. GlobalCoin will enable Facebook’s…

London to be the home of WhatsApp’s new payment feature

Apps / Mobile News Payment

Facebook Instagram Mark Zuckerberg marketplace Whatsapp

May 8, 2019

Ben Stevens

No Comments

Facebook has selected London as the centre to launch WhatsApp’s upcoming push into mobile payments, providing some hope for post-Brexit London to maintain its position as a global tech hub.…

Mark Zuckerberg

Amazon, Apple, Facebook and Google CEO’s face landmark antitrust hearing today

Amazon’s Jeff Bezos made $13bn yesterday in the largest single-day rise in personal wealth on record

Fitbit shares jump 3.7% as Facebook revealed to have entered bidding war with Google

WhatsApp’s new payment feature to launch in India this year

London to be the home of WhatsApp’s new payment feature

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