Social media industry

FILE - In this April 30, 2019, file photo, Facebook CEO Mark Zuckerberg makes the keynote speech at F8, Facebook's developer conference in San Jose, Calif. A Wall Street Journal report says that the FTC has voted this week to approve a fine of about $5 billion for Facebook over privacy violations. The report Friday, July 12, 2019, cites an unnamed person familiar with the matter. (AP Photo/Tony Avelar, File)
July 13, 2019 - 12:23 am
At $5 billion, the fine the U.S. Federal Trade Commission is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012. The long-expected punishment, which Facebook is well prepared for, is unlikely to...
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President Donald Trump speaks during the "Presidential Social Media Summit" in the East Room of the White House, Thursday, July 11, 2019, in Washington. (AP Photo/Evan Vucci)
July 11, 2019 - 5:46 pm
WASHINGTON (AP) — President Donald Trump used a White House conference Thursday to applaud far-right social media provocateurs even as he conceded that some of them are extreme in their views. Trump, who has weaponized social media to eviscerate opponents and promote himself, led a "social media...
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President Donald Trump speaks during the "Presidential Social Media Summit" in the East Room of the White House, Thursday, July 11, 2019, in Washington. (AP Photo/Evan Vucci)
July 11, 2019 - 3:07 pm
WASHINGTON (AP) — The Latest on President Donald Trump's conference on social media (all times local): 4 p.m. President Donald Trump says social media allows messages to be sent directly to the people without going through the "fake news filter." Trump says social media users are "challenging the...
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Members of the media gather for a walk-through of the stage set-up for the first democratic debate, Wednesday, June 26, 2019. Ten presidential candidates, led by Sen. Elizabeth Warren, are set to converge on the debate stage on the first night of Democratic debates to offer their pitches to the American people and attempt a breakout moment for their campaigns. (AP Photo/Marta Lavandier)
June 26, 2019 - 2:18 pm
WASHINGTON (AP) — Executives of Facebook, Google and Twitter faced questioning by a House panel Wednesday on their efforts to stanch terrorist content and viral misinformation on their social media platforms. The scrutiny comes as the tech giants step up safety measures to prevent disinformation...
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June 19, 2019 - 7:32 pm
SAN FRANCISCO (AP) — In a story June 18 about obstacles facing Facebook's plan for a new digital currency, The Associated Press reported erroneously that the International Computer Science Institute is part of the University of California, Berkeley. It is an independent research institute in...
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FILE - This Feb 23, 2019, file photo shows the inside of a computer in Jersey City, N.J. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jenny Kane, File)
June 18, 2019 - 3:49 pm
NEW YORK (AP) — MoneyGram's shares more than doubled Tuesday after the money transfer company announced a partnership with the cryptocurrency company Ripple. The companies said late Monday that the two-year deal will allow MoneyGram to use Ripple's blockchain service for cheaper cross-border...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 1:33 pm
NEW YORK (AP) — The Latest on Facebook's new digital currency (all times local): 2:30 p.m. One regulatory expert believes Facebook's new currency will "almost surely" fall under new U.S. regulation adopted in the wake of the 2008 financial crisis. Karen Shaw Petrou, managing partner of Federal...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 4:21 am
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more...
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This image captured on Friday, June 7, 2019 shows a Sept. 4, 2018 post on Facebook cited by the U.S. Food and Drug Administration as promoting an e-cigarette formula without including the required nicotine warning statement. On Friday, the FDA sent warning letters to four companies that used paid social media specialists to pitch their fruity and candy nicotine formulas to their online followers. (AP Photo)
June 07, 2019 - 11:47 am
WASHINGTON (AP) — U.S. regulators moved to discipline vaping companies for inappropriately promoting their flavored nicotine formulas through so-called influencers on Facebook, Twitter and other social media sites. The Food and Drug Administration sent warning letters Friday to four companies that...
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FILE - In this Oct. 23, 2018, file photo, an Amazon logo is seen atop the Amazon Treasure Truck The Park DTLA office complex in downtown Los Angeles. The U.S. Justice Department and the Federal Trade Commission are moving to investigate Google, Facebook, Amazon and Apple over their aggressive business practices, and the House Judiciary Committee has announced an antitrust probe of unidentified technology companies. (AP Photo/Richard Vogel, File)
June 04, 2019 - 4:26 pm
SAN FRANCISCO (AP) — Is Big Tech headed for a big breakup? The U.S. Justice Department and the Federal Trade Commission are moving to investigate Google, Facebook, Amazon and Apple over their aggressive business practices, and the House Judiciary Committee has announced an unprecedented antitrust...
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