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Facebook is reportedly buying animated-image database Giphy for $400 million. Under the deal, New York-based Giphy — whose trove of cute animals, bizarre cartoon characters and mugging celebrities are popular on social media and messaging apps — will remain its own brand, but would be primarily integrated through Facebook-owned Instagram. “GIPHY makes everyday conversations more …

Facebook will pay content moderators who are tasked with repeatedly monitoring graphic material on its platform $52 million as part of a class-action lawsuit settlement. The social media company was sued in 2018 by third-party contractors who argued Facebook failed to adequately protect them against psychological injuries than can result from continued exposure to disturbing …

Facebook said on Friday it would allow its workers who are able to work remotely to do so until the end of the year as the coronavirus pandemic forces governments to extend stay-at-home orders to curb the spread of the disease. The social media giant also expects most offices to stay closed until July 6, …

Facebook this week announced the members of its content oversight board which will have the power to overrule Mark Zuckerberg on what content to censor. The independent body, which has been dubbed Facebook’s “Supreme Court,” includes a former prime minister, Nobel Peace Prize laureate and a number of constitutional law experts among its 20 members, …

Zoom is the social-networking sensation of the year — and it’s also probably safe from getting taken over by Facebook anytime soon. The video-conferencing app has quickly become ubiquitous during the coronavirus lockdown, with its user base surging by 20-fold to more than 200 million since the pandemic began. On top of business meetings and …

Facebook will celebrate America’s graduating seniors with a live-streaming event next month that will include a commencement address by Oprah Winfrey and a lineup of other celebs. In addition to Winfrey’s keynote, the May 15 event will feature Miley Cyrus performing her perseverance-themed hit “The Climb.” Celebrities on tap to address the class of 2020 …

Facebook agreed to censor posts critical of Vietnam’s government after the country slowed access to the site, Reuters reported on Wednesday. State telecommunications companies took local Facebook servers offline for about seven weeks earlier this year, practically shutting access to the site. “We believe the action was taken to place significant pressure on us to …

At the request of state governments, Facebook has removed pages promoting protests against state quarantine orders put in place to combat the coronavirus. The mammoth social media company has removed posts promoting protest events in California, New Jersey, and Nebraska, which called on people to gather in person to demonstrate against government social distancing measures they …

Facebook and Google will now have to pay local media firms a cut of the advertising revenue they rake in when using their content, the Australian government said Monday. Australian treasurer Josh Frydenberg said that the decision came after Facebook and Google parent company Alphabet failed to adequately address complaints by Australian media companies that …

Facebook is canceling all large gatherings until June 2021, CEO Mark Zuckerberg announced Thursday. The social network is also extending its requirement that employees work from home through the end of May, and will permit employees who don’t feel comfortable coming in to work remotely “through at least the summer.” “A small percent of our …