PYMNTS

AUGUST 9, 2019

Direct sales company Younique, which has been pivotal in its approach to social media marketing, has launched an augmented reality (AR) makeup trying-on tool, according to a release. . Younique was launched in 2012, and it gained traction using a social media-based model.

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PYMNTS

JANUARY 6, 2020

However, there was not an official investigation, nor were specific privacy rules handed down to the social media giant. Top executives even received blanket immunity for any known or unknown data violations from 2012 to 2018. . The data scandal has, so far, cost Facebook $5 billion in a Federal Trade Commission (FTC) fine.

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Long Lasting Ideas

JUNE 30, 2014

A recent Wall Street Journal article states social media fail to live up to early marketing hype based on a newly released Gallup report. Bank marketers may want to look at this data to see if they need to update their social media strategy. adults and was conducted between December 12, 2012 and January 22, 2013.

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PYMNTS

NOVEMBER 14, 2018

And for the first half of 2018, social media revenue (which is considered advertising delivered on social platforms, including social networking and social gaming websites and apps) generated $13.1 Year over year, social media revenue was up 37.5 percent CAGR from 2012 to 2018.

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PYMNTS

DECEMBER 7, 2020

The social media giant could be accused of stifling rivals by taking advantage of its own powerful position, the sources said, per Bloomberg. Federal and state antitrust regulators could file lawsuits against Facebook very soon, Bloomberg reported on Monday (Dec. 7), citing sources.

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PYMNTS

DECEMBER 11, 2020

Sheryl Sandberg, chief operations officer of Facebook, is pushing back against two antitrust lawsuits filed against the social media giant, CNBC reported on Friday (Dec. The lawsuits filed this week could break up Facebook’s ownership of Instagram, acquired in 2012, and WhatsApp, snapped up in 2014.

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PYMNTS

DECEMBER 9, 2020

9), accusing the social media network of “illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct,” according to a press release. By 2012, WhatsApp had emerged as the clear global “category leader” in mobile messaging.

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PYMNTS

OCTOBER 23, 2020

It has been over a year since the FTC started investigating complaints that the social media giant stifled competition. Facebook bought Instagram in 2012 for $1 billion and WhatsApp in 2014 for $19 billion. 23), citing sources familiar with the matter.

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PYMNTS

NOVEMBER 14, 2019

The social media giant is in the midst of four separate antitrust investigations in addition to calls to break up the company from Facebook co-founder Chris Hughes and Democratic presidential candidate Sen. Zoufonoun, a former Google executive, was a guiding force in Facebook’s $1 billion Instagram acquisition in 2012.

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PYMNTS

JANUARY 18, 2019

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook , a punishment that could be sizable in scope and which comes in the wake of privacy violations. million paid by Google in 2012. Other data privacy issues have been reported beyond that linkup.

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PYMNTS

JANUARY 17, 2020

The companies say that the social media giant removed developers’ access to its program in an attempt to hurt potential competitors. In 2012, Facebook stopped giving certain companies access, while granting it to others. The plaintiffs are seeking class-action status for their suit as well as an unknown amount of damages. “In

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PYMNTS

JANUARY 8, 2020

The news was released in a social media post by the official People’s Bank of China (PBOC) account on Wednesday (Jan. The central bank in China said it has accepted an American Express application to start working in the country, according to a report by Reuters. The post did not say when Amex would start operations in the country.

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PYMNTS

NOVEMBER 28, 2018

The news is a departure from Chief Executive Mark Zuckerberg’s previous declaration that the social media site simply doesn’t sell data. The emails — which span 2012 to 2014 — are from a lawsuit against Facebook filed by Six4Three LLC, the developer of a now-defunct app.

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PYMNTS

JUNE 7, 2016

Recently released details show that another social media network was hit by a massive data breach, a trend that appears to be all too common today. The latest company to be hit is VK.com , which is the largest social media network in Europe. 350+ Million | The approximate number of VK.com users.

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PYMNTS

JANUARY 24, 2019

Facebook is facing breakup calls from a handful of advocacy groups that want the Federal Trade Commission to explore breaking up the social media giant. The consent decree was inked in 2012. In 2011 the FTC said Facebook deceived customers by sharing data it said it was kept private.

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PYMNTS

DECEMBER 14, 2018

According to the social media site’s most recent Transparency Report , it received 10 percent more requests during this current reporting period — the largest percentage increase in three years. The company added that the number of accounts specified increased by less than 1 percent. percent, 6.4 percent, 6.2 percent, 5.1

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PYMNTS

DECEMBER 6, 2018

Reuters , citing documents released by British lawmakers, reported that between 2012 and 2015 executives at the social media network operator — including chief executive Mark Zuckerberg — tracked how competitors were growing and then denied some access to user data that was available to other companies.

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PYMNTS

FEBRUARY 18, 2019

According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” Facebook is “not the same company” even a year ago, with the social media giant already instituting a lot of changes, the executive noted.

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PYMNTS

JULY 12, 2019

million, which was levied against Google in 2012. Despite the amount being $2 billion more than Facebook had reserved for the fine, shares of the social media giant were up 1 percent on the news. . Preciously, the most a tech company has ever been fined by the FTC is $22.5

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PYMNTS

JANUARY 8, 2020

The news was released in a social media post by the official People’s Bank of China (PBOC) account on Wednesday (Jan. The central bank in China said it has accepted an American Express application to start working in the country, according to a report by Reuters. The post did not say when Amex would start operations in the country.

Operations 134

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PYMNTS

JANUARY 9, 2019

According to Financial Times , Parakilas monitored privacy and policy compliance of software developers for Facebook for 18 months before he left in October of 2012. Back then, he had warned executives at the social media company of the potentially damaging impact of Facebook’s data sharing policies.

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PYMNTS

JULY 12, 2019

million, which was levied against Google in 2012. Despite the amount being $2 billion more than Facebook had reserved for the fine, shares of the social media giant were up 1 percent on the news. . Preciously, the most a tech company has ever been fined by the FTC is $22.5

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PYMNTS

MARCH 19, 2018

The drop in the social network’s stock, which is on its way to having its worst day since Sept. 2012, comes after it hit an all-time high at the start of February — but then sank with all the other stocks in the short-lived correction last month. presidential election.

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PYMNTS

NOVEMBER 11, 2020

Founded in 2012 and headquartered in Shanghai, the tech unicorn is widely known internationally for the app TikTok, which did not add much to the company’s revenue. A recent report forecasted that social commerce will reach $604.5 Alibaba had the biggest ad spend with $10.9 billion, about 33 percent of the 2019 market.

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PYMNTS

FEBRUARY 15, 2019

million Google paid to settle a consumer data probe in 2012. The FTC could also subject the social media giant to tougher checkups to prove it is complying with the settlement. So far, the largest fine the agency has imposed on a tech company was the $22.5

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PYMNTS

JANUARY 5, 2018

In planning for the social media giant’s future, the hot topic of cryptocurrency came up in Zuckerberg’s manifesto. I’ve been involved with and fascinated by cryptocurrencies since 2012, and I’ve witnessed how Coinbase has started democratizing access to this new asset class,” Marcus said on Coinbase’s blog last month.

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PYMNTS

FEBRUARY 10, 2020

Early Facebook investor Peter Thiel once had 45 million shares in social media company Facebook , but he recently let go of most of them, and now he’s left with a comparatively paltry $2 million, according to a report by Bloomberg. He has 9,948 left.

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PYMNTS

AUGUST 17, 2016

Pixlee , a San Francisco-based startup, allows retailers or brands to market directly to customers by using their own photos through curating them from social media or having the customer directly submit them for use, which the company says leads to a more authentic and engaging shopping experience for consumers.

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PYMNTS

AUGUST 13, 2019

In 2012, Facebook bought Instagram, and in 2014 it bought messaging service WhatsApp, and the FTC approved both acquisitions. In July, the FTC announced a broad probe into Facebook that would include looking into social media, mobile applications and digital advertising practices.

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PYMNTS

AUGUST 8, 2017

Eight is a social network service designed to help business professionals digitize, manage and share the contact information which would normally be found on physical business cards. The service launched in Japan in 2012. While not a social media network, Sansan does promote connectivity between businesses and professionals.

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Abrigo

SEPTEMBER 11, 2015

Twitter may not be the first site that comes to mind for job hunters, but the numbers don’t lie – in 2012 eight million applicants found jobs using the social media application. It’s time to consider how your accounting firm can take advantage of this social media platform to find qualified candidates.

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PYMNTS

MAY 23, 2019

Social media giant Facebook said it removed 2.2 The amount of capital that we are able to invest in all of the safety systems that go into what we are talking about today — our budget in 2019 is greater than the whole revenue of our company in the year before we went public in 2012,” he said.

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Social Assurance

DECEMBER 31, 2018

Though it’s now primarily used as a music and culture site, Myspace was one of the first social media networks that allowed personal profiles. 2010: Instagram launches as a photo and video-sharing social media network. 2012: Facebook buys Instagram for $1 billion. Consider 5-8 (per post, respectively) on Instagram.

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PYMNTS

AUGUST 4, 2019

The social media giant bought Instagram in 2012 for $1 billion. “Instagram from Facebook” and “WhatsApp from Facebook” will be the new names from now on, reflected first in the App Store and Play Store, The Information reported on Aug. WhatsApp cost Facebook $19 billion a few years later.

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PYMNTS

MAY 7, 2019

WeChat was forced to ban at least eight cryptocurrency media outfits for breaking Chinese law by publishing currency trading information and also for boosting initial coin offerings. In other crypto news, this time involving Facebook, PYMNTS CEO Karen Webster wrote about the social media giant’s plans to reenter the crypto landscape.

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PYMNTS

APRIL 24, 2019

The federal agency has accused the social media platform of violating a privacy consent decree from 2011. The FTC could also subject the social media giant to tougher checkups to prove it is complying with the settlement. million Google paid to settle a consumer data probe in 2012. Privacy Push.

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PYMNTS

JULY 24, 2019

For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices. The fine and the new corporate actions cap an FTC investigation into Facebooks’ alleged violation of a 2012 consent decree, where the company had pledged it would be transparent in how it used data.

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