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Social media tax could hamper Facebook's African investment

2018-08-08 02:00:00| Total Telecom industry news

Facebook has warned that it may withhold planned investment in Uganda, due to the country's social media tax. Uganda's Daily Monitor news site reported that Facebook's public policy manager for Africa…read more on TotalTele.com »

Tags: media social tax investment

Facebook's return to China thrown into doubt

2018-07-26 11:53:20| BBC News | Business | UK Edition

Facebook's plans for an imminent comeback in China's huge social media market appear to have stalled.

Tags: return china doubt thrown

Facebook's shares tumble as growth disappoints

2018-07-25 22:43:46| BBC News | Business | UK Edition

The social media firm's shares were hit by news that growth in monthly active users is slowing.

Tags: growth shares tumble disappoints

Facebook's mishandling of customer data presents a huge opportunity for telcos

2018-07-13 02:00:00| Total Telecom industry news

This week the UK's Information Commissioner's Office announced that it intends to fine Facebook £500,000 for its role in the Cambridge Analytica scandal, prompting a resurgence of vociferous grumbling on the way companies handle their customer's data. While the fine represents the maximum amount permitted by the ICO, the derisory penalty is unlikely to give Facebook CEO Mark Zuckerberg too much food for thought about his company's future conduct. Indeed, such is the enormous wealth of the social media giant, that you would be forgiven for thinking that Facebook could probably rustle up payment of the fine by cobbling together the loose change that has fallen down the back of its boardroom sofa…read more on TotalTele.com »

Tags: data customer opportunity huge