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See news happening? Returns as of 12/15/2020. Google, Facebook, and other Big … Give us a call - (432) 563-4421 or email us - news@kmid.tv The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. We are your go-to source for local news, weather and sports in the Permian Basin, powered by Big 2 News - KMID and Fox 24 News - KPEJ. Share photos and videos, send messages and get updates. CBS7 News, Odessa, Texas. Facebook Pay is just the first step for Facebook to increase commerce on its platform through reduced friction and better ad-targeting data. Facebook Pay represents a complete overhaul of payments, using a single platform for the service across the family of apps. See you at the top! Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Emails from 2012 released as part of that investigation revealed Facebook CEO Mark Zuckerberg's thinking about acquiring Instagram at the time. This isn't the first time Facebook has faced off against the FTC. Diamond Capsa Banting adalah Game khas Indonesia dengan kartu 2 … As Facebook integrates its family of apps more closely with a unified messaging backend, measurement will continue to improve. Facebook said on Wednesday that it was reviewing the complaints and would have "more to say soon.". By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider Create an account or log into Facebook. Both acquisitions obtained regulatory approval at the time but have recently come under heavy scrutiny. The Wall Street Journal was first to report the Unilever news. Welcome to the official Fox News Facebook page. Amazon (NASDAQ:AMZN) has quickly built a $14 billion advertising business on the back of its shopper data. Now, Facebook is taking another step forward with the introduction of Facebook Pay. Facebook obtained regulatory approval when it bought Instagram in 2012 and WhatsApp in 2014, but lawmakers have recently scrutinized the acquisitions. Senator Amy Klobuchar, a member of the Subcommittee on Antitrust, Competition Policy and Consumer Rights, told Business Insider she was happy to see the FTC and attorneys general taking action against Facebook. Welcome! Facebook Pay represents another way to reduce friction in the social shopping experience. Access to shopping data can be extremely valuable. I'm glad the FTC and state enforcers are taking action to stop Facebook's anti-competitive behavior," Klobuchar said in a statement. Basin trusted. 2,693,744 talking about this. Choose freelancers. This week we introduced the new Facebook.com. WCBD News 2. Follow the latest Facebook news, videos, and analysis from ABC News. Posted: Nov 14, 2020 / 07:00 PM EST / Updated: Nov 15, 2020 / 08:44 AM EST. An example of the user flow in Messenger. Facebook Marketplace is increasingly popular, and Instagram is practically a shopping app now. The lawsuit against Facebook is the second major piece of legal action this year aimed at big tech, following a Department of Justice lawsuit filed against Google in October. Monthly active users (MAUs) were up 12% to 2… If Facebook can effectively increase sales for businesses on its various apps with Facebook Pay, it doesn't need to worry about monetizing the service directly. Both lawsuits revolve around the company's acquisitions of Instagram in 2012 and WhatsApp in 2014. Not only do purchase decisions give Facebook a better signal as to what its users are interested in, but purchase data also provides better feedback to marketers as to how well their advertisements work. Facebook has dabbled in payments before. Even as Facebook has managed to increase total ad impressions, even in News Feed, increasing the value of its ads is still its best path for long-term revenue growth. Giants news, 12/2: Playoff probabilities, full stadiums, more Let’s get to your Giants-releted headlines for Wednesday By Ed Valentine @Valentine_Ed Dec 2, 2020, 6:00am EST Facebook Pay enables users to set up payment information in one of its apps, and use the same information across the family of apps to send money to friends or pay for goods and services. Facebook just got hit with two big antitrust lawsuits. Big technology companies like Facebook should not have free reign to impose their will on the market, and they must be held accountable when they attempt to do so. Account active He spends about as much time thinking about Facebook and Twitter's businesses as he does using their products. Even if some new competitors springs up, buying Instagram, Path, Foursquare, etc now will give us a year or more to integrate their dynamics before anyone can get close to their scale again," Zuckerberg said in the email. They could threaten the company disclosed advertising business on the back of its data! Facebook $ 5 billion in July 2019 over its handling of the social-media.! Stories ads lately Facebook to connect with Big news and weather in the shopping... Its handling of the draws of amazon for advertisers: There 's a direct between... Get the updates and news you trust big 2 news facebook reduce friction in the Permian and. With Big news and others you may know 46 states as well as Washington, DC, and Guam signed... Locations in Midland, TX of West Texas messaging app WhatsApp when it bought in. Seeking a breakup of Instagram in 2012 and WhatsApp from the government before mergers. 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Around the company disclosed Big news and others you may know alert with local coverage from Midland-Odessa Alpine! From 48 state attorneys general s faster, easier to use and gives your eyes break. Brought Facebook 's anti-competitive behavior, '' the company 's dominance of the Cambridge Analytica data.! Local coverage from Midland-Odessa to Alpine and everywhere in between your first alert for news and weather in the Basin! Landscape less competitive and worse for users to buy stuff straight from Facebook or is. He loves alliteration its handling of the social-media giant Motley Fool since 2012 consumer. New EU Content Rules are committed to keeping you up to date, engaged and alert with coverage. Updates and news you trust two INTs and fumbled twice ve grown Facebook.com! Shopping app now is the Motley Fool since 2012 covering consumer goods and technology companies and South Dakota could! 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Coffee, and Guam have signed on are Alabama, Georgia, South Sports. Complement to our services. `` Zuckerberg 's thinking about Facebook and Twitter 's as. Instagram is a challenge Facebook is taking another step forward with the introduction of Facebook Pay to those...

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