Business Mag Search: Economy - Finance > New York
‘Alarming': Soros calls for investigation of Facebook after report of a smear campaign
3 monthes ago - By Washington Post
Facebook hired a Republican opposition-research firm to discredit activists critical of the social network, according to a New York Times report, linking them to the liberal philanthropist.
Read more ...Facebook hits back at The New York Times, pointing out the 'inaccuracies' in its blockbuster report on leadership missteps
3 monthes ago - By Chron
Reuters / Stephen Lam
An explosive New York Times report delved into how Facebook's leadership dealt with scandals over the past few years.
Facebook published a blog post refuting elements of the report, such as Russian interference, political point-scoring, and Zuckerberg banning his executives from using iPhones.
Business Insider has broken down Facebook's objections alongside the Times' reporting.
Facebook inner workings were laid bare on Wednesday by a New York Times report that went into gory detail about how the social network's leadership struggled to contend with a series of scandals.
Read more ...The Latest Allegations Against Facebook: 5 Things You Should Know
3 monthes ago - By Fortune
Facebook is in hot water again.
In a blistering report on Wednesday , The New York Times , which conducted interviews with more than 50 people, said that the social network engaged in a variety of activities to undermine critics, deny allegations, and engaged with a public affairs firm to target opponents.
Not surprisingly, the report prompted a response from Facebook, which said that it includes “ a number of inaccuracies ” on everything from its Russia investigation to a commitment to fighting fake news.
Here's a look at the major things to know about the Times report and Facebook's...
Read more ...Data Sheet-How Mark Zuckerberg's Folly Was Revealed
3 monthes ago - By Fortune
Silicon Valley and at least some corners of Washington, D.C., will be buzzing Thursday morning over an exhaustive, embarrassing, and damning report in The New York Times about Facebook. The article details the California company's combative, deceptive, and otherwise sharp-elbowed response to the swirling controversies over false news and other abuses on its powerful platform. (Facebook says the story has some inaccuracies. )
For all its rich details and deep reporting by a five-journalist team, there's a certain dog-bites-man-quality to the article. A giant corporation, at the apex of its...
Read more ...What you need to know in advertising today
3 monthes ago - By Business Insider
As Facebook faced a string of crises, it sought to tie its critics to George Soros, the billionaire at the center of many fringe right-wing conspiracy theories.
This summer, with anti-Facebook sentiment growing in the wake of the Cambridge Analytica scandal and other fiascos, the social-media company had a public relations firm it had hired to attempt to pin the blame on Soros for the growing Freedom from Facebook movement, The New York Times reported on Wednesday. At Facebook's behest, Definers Public Affairs distributed to reporters a research report that accused Soros of quietly backing...
Read more ...Facebook cut ties with Definers, the PR firm that reportedly helped it blame George Soros for the anti-Facebook movement
3 monthes ago - By Chron
Sean Gallup/Getty
Facebook has ended its relationship with a PR firm which the New York Times reported had circulated reports to journalists claiming that George Soros was quietly backing anti-Facebook groups.
Facebook cut ties with the Republican-linked Definers Public Affairs on Wednesday night, less than 24 hours after the Times' explosive report.
Soros has previously been a target for right-wing conspiracy theories, many of them anti-Semitic.
Read more ...Mark Zuckerberg's spectacular failure of leadership shows why some Facebook investors are desperate to fire him
3 monthes ago - By Business Insider
The New York Times exposé on Facebook's crisis management exposes a spectacular failure in leadership from CEO Mark Zuckerberg.
The report suggests he was at best uninterested in some of the scandals that engulfed his company, and at worst, complicit in exacerbating them.
It's red meat to powerful investors who want to oust Zuckerberg as chairman.
Stepping down as chairman would allow him to acknowledge his failings, throw a bone to Facebook's critics, and still maintain control of the firm he built.
If you haven't read The New York Times' blockbuster 6,000-word opus on how Facebook has...
Read more ...Facebook rebuttal claims ‘inaccuracies' in scathing New York Times investigation
3 monthes ago - By Venture Beat
Facebook tries to refute a story by The New York Times that depicts efforts to deflect blame for the company's responses to a number of controversies.
Read more ...
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