Facebook acquisition Current Affairs, GK & News

Facebook Data leak, 2021

The personal data of more than 533 million Facebook users has been leaked online recently. The exposed data included personal information of the Facebook users from more than 106 countries. This also included records of 32 million users in the US, 11 million in UK and 6 million in India. What is Facebook Data Leak, ..

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Why Facebook restricted new contents in Australia?

The tech-giant Facebook has recently blocked the Australian users from reading and sharing any local and international news. Facebook has initiated this move in the backdrop of the dispute over new media payment law that Australia has initiated. Highlights The Facebook has retaliated over the new legislation that was brought by Australian government. This legislation ..

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Sherman Anti-trust Act

Recently, the UC FTC (Federal Trade Commission) filed an anti-trust lawsuit against Facebook under Sherman Anti-trust Act. The social media giant is under the scanner for its acquisition of Instagram and Whatsapp. Why was the lawsuit filed against Facebook? According to the lawsuit, the actions of Facebook deny consumers the benefit of competition. The aim ..

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Quick Facts: What is CTRL-Labs? Why Facebook is acquiring it?

On 23rd September, 2019, Facebook announced that it will acquire CTRL – Labs, a tech company that makes wrist bands capable of reading minds. The band can transmit electrical signals from brain into computers as digital input. The deal is worth approximately, from 500 million USD to 1 billion USD. This is the most substantial ..

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