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Facebook shares dip as Wall Street ponders Australia information fallout

Facebook Inc shares fell 2% on Thursday as Wall Street assessed the wider ramifications of its switch to block all information content material subject material in Australia.
Facebook Inc shares fell 2% on Thursday as Wall Street assessed the wider ramifications of its move to block all news content in Australia.

Original article
Original article
Author: Reuters Staff

Reuters Staff has recently written 10 articles on similar topics including :
  1. "Venezuela's government on Sunday accused Facebook Inc of "digital totalitarianism" after it froze President Nicolas Maduro's page for 30 days for violating its policies against spreading misinformation about COVID-19". (March 28, 2021)
  2. "Ireland's Data Protection Commission (DPC) said on Wednesday it had launched an inquiry into Facebook Inc, after a dataset reported to contain personal data relating to some 533 million Facebook users worldwide was made public". (April 14, 2021)
  3. "Facebook Inc is rolling out a new publishing platform in the coming months in the United States that lets independent writers and journalists reach new audiences and monetize their work through email newsletters and individual websites". (March 16, 2021)
  4. "Facebook Inc will allow content creators on its platform to earn revenue from short-form videos via advertisements, the social network said on Thursday". (March 11, 2021)
  5. "Apple Inc said on Wednesday that in the coming weeks it will start enforcing a new privacy notification rule that digital advertising firms such as Facebook Inc have warned will hurt their sales". (April 7, 2021)
  6. "Facebook Inc said on Thursday it is developing a wristband that would be able to control its augmented reality (AR) glasses that are expected to be launched this year". (March 18, 2021)
  7. "Britain on Thursday referred Facebook Inc's acquisition of GIF website Giphy for an in-depth probe after Facebook told the country's competition watchdog it would not be offering any concessions to address antitrust concerns". (April 1, 2021)
  8. "Alphabet Inc's Google will resume accepting political advertisements in the United States from Feb. 24, according to an email to advertisers seen by Reuters". (February 22, 2021)
  9. "Changes to media rules proposed by Australia will allow Facebook Inc to choose if news remains on the platform and support the publishers it chooses, Campbell Brown, the firm's vice-president of global news partnerships said on Tuesday". (February 23, 2021)
  10. "Facebook Inc said on Friday its services were being affected by a number of issues, after nearly a million people across the world reported problems with its photo-sharing app Instagram". (March 19, 2021)
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