Europe bans Facebook Dating feature
After Facebook announced its new dating feature for users in mid-2018, it went on to test the product in Colombia and gradually started adding other countries to the roster, facing a 5 billion USD fine for its US launch when investigators found severe privacy lapses. Now its dating feature launch in Europe has also been blocked after Facebook failed to comply with scheduled privacy checks in the required time period.
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Trump bans US transactions with WeChat and TikTok
US President Donald Trump issued executive orders to ban US transactions with Chinese companies Tencent and Bytedance, parent companies of WeChat, and TikTok respectively. The ban will take effect in 45 days and may attract retaliation from Beijing. While the scope of the ban remains unclear, the executive orders said that after 45 days, Secretary of Commerce Wilbur Ross “shall identify the transactions” that will be subjected to the prohibition
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Facebook takes down Trump’s post about the immunity of kids and coronavirus
Facebook took down a video President Trump posted to his account Wednesday, citing its rules against false claims about the coronavirus. The post in question was a video clip from a Fox News segment from Wednesday morning in which the president makes the unsubstantiated claim that children are “almost immune” to COVID-19
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Tencent adds $200 billion this year, now bigger than Facebook
China’s gaming and social media giant Tencent is now more valuable than Facebook, Tencent’s market capitalization has surpassed Facebook’s following a huge rally in the Chinese firm’s shares this year. The total value of publicly traded shares of the Chinese gaming and social media giant that owns WeChat stood at $664.50 billion at around 3:07 p.m. Singapore time. Meanwhile, Facebook’s market cap totaled $656.15 billion as of Tuesday’s close
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India bans 47 more Chinese apps
India bans 47 more Chinese apps
The Government of India banned 47 more Chinese apps in the country. In June, the Government banned 59 Chinese apps that included the hugely popular TikTok. Now, 47 more apps have been banned, for operating as clones of the previously banned apps, the list of particular apps banned in the fresh decision is yet to be announced
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