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Facebook in trouble, again. UK fines it record £50m

The UK’s Competition and Markets Authority (CMA) puts Facebook in trouble again, as it fined the company £50.5m ($70m), for its Giphy acquisition. The company is being investigated for breaking rules, and ignoring many warnings from the CMA. Its own actions put…
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Facebook Marketplace has reached one billion users

Facebook Marketplace helps the company move from its initial focus of connecting people through social media, to an e-commerce platform. The company is now accepting payments for goods directly from users. Facebook Marketplace now has over one billion users, and there are…
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Pay with your data to use Facebook pay

Facebook pay, a new payment service will let anyone send or receive money without fees. At the same time, Facebook mentioned that payment data across Facebook, Instagram, WhatsApp and Messenger can be used for ads. So, you should pay with your data to use it. The service…