Ondo state government has reaffirmed its commitment to providing support for its residents as it partnered Facebook through its partners, 360 media to organize a capacity building training on digital marketing for Micro, Small and Medium Enterprises (MSME) owners in the state.
Facebook will not launch the cryptocurrency Libra until it has “fully addressed regulatory concerns,” according to David Marcus, the head of Facebook’s Calibra. The remarks are prepared testimony he plans to give tomorrow, in front of the US Senate Banking Committee.
Facebook Inc has been slammed with a hefty $5billion fine by the U.S. Federal Trade Commission following its investigation into the social media company’s handling of user data, multiple sources familiar with the situation said.
The Central Bank of Nigeria has pegged bank deposit placement through its Standing Deposit Facility (SDF) at N2billion, saying that any amount in excess of that will not attract interest payment.
President Donald Trump hinted Thursday at new regulations on social media as he gathered critics of major online platforms at a White House “summit.
Twitter is moving to filter out inappropriate content based on religion as part of its effort to curb hate speech.
Instagram is working on a new feature to root out bullying on its platform by allowing users to shadow ban people who bully them.
Twitter is announcing updates to its policies today to address hateful language directed at religious groups, a significant in how the platform moderates against hate speech. The policy will go into effect starting today, with moderation practices immediately updated to enforce the new rules.
Instagram will introduce new features aimed at curbing online bullying, the Facebook-owned platform announced Monday, as social media giants face increased scrutiny over the harassment faced by many users.
Facebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, according to the organisation that represents the world’s central banks.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.
Facebook announced its cryptocurrency Libra and a global association of organizations that will govern it. And Facebook also announced Calibra, a new subsidiary that will build a digital wallet for Messenger, WhatsApp, and a standalone app on iOS and Android.
A veteran journalist, Alhaji Ishaq Hadejia, says social media will never edge out the conventional media in the society.
These companies include major financial organizations like Visa and Mastercard, and internet darlings like PayPal, Uber, Stripe, and Booking.com. Each will invest around $10 million to fund development of the currency, and will become part of the Libra Association, an independent consortium that will govern the digital coin independently of Facebook.
Facebook CEO Mark Zuckerberg did not knowingly violate an agreement with the regulator supervising the company’s management of users’ personal data, the social media giant said Wednesday as it addressed an issue that has been under federal investigation for the past year.
As well as using encrypted messaging apps, Bloomberg notes that protesters in Hong Kong are also covering their faces to avoid facial recognition systems. They’re also avoiding the use of public transit cards that can link location to identities.
Hundreds of thousands have taken to the streets of the Chinese-ruled city in recent days to protest against an extradition bill that would allow people to be sent to the mainland to stand trial.
An apprentice at a tailoring shop in Lagos, Adenike Fatai, reportedly committed suicide just three months after her boyfriend identified as Bayo Atanda also killed self.
Facebook Inc said on Friday it has suspended tens of thousands of apps on the social networking platform, as part of the company’s ongoing app developer investigation it began in March 2018 in response to the Cambridge Analytica row.
The U.S. will send additional troops to the Middle East in the wake of drone strikes on oil facilities in Saudi Arabia, U.S. Defence Secretary Mark Esper said in Washington.
The Consul General of Nigeria in New York, Mr Benaoyagha Okoyen, at the weekend said the current administration remained committed to due process in its contractual agreements with investors.
Nigeria forward Junior Ajayi scored twice as Al Ahly were crowned Egypt Super Cup champions after an entertaining 3-2 victory against Zamalek.
Nigerian actress, Eucharia Anunobi, has said that in spite of the loss she had suffered in her life, she was still happy.
Al Hilal’s head of delegation to Aba for Sunday’s Caf Champions League tie against Enyimba, Muhammad Harun has stated they are in town to get a positive result in the first leg, first-round tie.
Substitute Nicolo Barella scored in added time to rescue a 1-1 draw for a disappointing Inter Milan in their Champions League opener against rank outsiders Slavia Prague on Tuesday.
Glasgow Rangers coach Steven Gerrard has praised Europa League goal hero, Sheyi Ojo’s effort, stating that it was a strike deserving of a winning goal.
Jamie Redknapp feels that Liverpool would only just sneak into the Premier League top four if they lost Dutch defender Virgil van Dijk.