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Facebook’s Zuckerberg meets U.S. conservatives over bias controversy

Facebook Chief Executive Mark Zuckerberg heard from more than a dozen U.S. conservative leaders on Wednesday and said he will work to build trust with users who believe the social network displays politically biased news content. After a closed-door meeting at the company’s Silicon Valley headquarters, Zuckerberg defended his company’s …

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Facebook’s Zuckerberg to meet conservatives on political bias flap

Facebook Chief Executive Mark Zuckerberg will meet this week with prominent conservatives in the media, a spokesman said on Sunday, to address allegations of political bias at the popular social networking site. Some 12 “conservative thought leaders” will join the meeting with Zuckerberg on Wednesday, a Facebook spokesman said. Among …

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Facebook releases employee guidelines amid accusations of political bias

Facebook on Thursday emphasized that it does not permit its employees to block news stories from its “Trending Topics” list based on political bias, amid a controversy over how the social media superpower selects what news it displays. Technology news website Gizmodo on Monday reported that a former Facebook employee …

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Report claiming bias in Facebook ‘trending’ topics sparks social media outcry

Facebook (FB.O) workers have often omitted conservative political stories from the website’s “trending” list, the technology news site Gizmodo said on Monday in a report that sparked widespread comment on social media. An unnamed former Facebook employee told Gizmodo that workers “routinely suppressed news stories of interest to conservative readers,” …

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Facebook pays $10,000 to 10-year-old Instagram hacker

Social media giant Facebook (FB.O) has paid a $10,000 reward to a 10-year-old Finnish boy for finding a glitch in its picture sharing app Instagram. Jani, whose last name was not released for privacy reasons, is the youngest ever recipient of Facebook’s “bug bounty”, paid to users who find bugs …

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Facebook CEO urges Brazilians to decry WhatsApp block

Facebook Inc’s (FB.O) Chief Executive Mark Zuckerberg called on Brazilians to demand his company’s WhatsApp messaging service never be blocked again after an appeals court on Tuesday overturned the application’s second suspension in five months. In a post in English on his Facebook page, the U.S. billionaire and Facebook founder …

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Facebook hit with lawsuit over plan to issue new stock

A Facebook Inc (FB.O) shareholder filed a proposed class action lawsuit on Friday in a bid to stop the company’s plan to issue new Class C stock, calling the move an unfair deal to entrench Chief Executive Mark Zuckerberg as controlling shareholder. The lawsuit, filed in the Delaware Court of …

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Facebook in class of its own as ad revenue soars

Wow. After underwhelming results from Apple Inc, Google Inc and other big tech names, investors finally found a friend in Facebook Inc after the company shredded Wall Street’s forecasts for revenue, profit and user growth. Facebook’s shares, which touched a record high of $120.79 on Thursday, closed up 7.2 percent …

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Facebook revenue smashes expectations as mobile ad sales surge

Facebook Inc’s (FB.O) quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers and encouraged existing ones to boost spending. The company’s shares rose 9.5 percent in after-hours trading on Wednesday to $118.39, …

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Facebook developing camera app similar to Snapchat: WSJ

Facebook Inc (FB.O) is developing a stand-alone camera app, similar to disappearing photo app Snapchat, to increase user engagement, the Wall Street Journal reported, citing people familiar with the matter. The app, being developed by Facebook’s “friend-sharing” team in London, is in its early stages and may never come to fruition, …

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