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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. "Facebook asked a federal court on Wednesday to dismiss major antitrust cases filed by the U.S. Federal Trade Commission and nearly every U.S. state, saying they failed to show the company had a monopoly or harmed consumers". (March 10, 2021)
  2. "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)
  3. "Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December and that it had over 35,000 people working on tackling misinformation on its platform". (March 22, 2021)
  4. "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)
  5. "A German court hearing an appeal by Facebook against data curbs imposed by the country's antitrust watchdog said on Wednesday that it would seek guidance from the European Court of Justice on the case". (March 24, 2021)
  6. "Former France international Thierry Henry hopes his decision to turn his back on social media can inspire others in the fight against racism and bullying online". (March 27, 2021)
  7. "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)
  8. "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)
  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. "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)
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