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Facebook office vandalised in Germany

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New Delhi: The Facebook office in Hamburg, Germany was vandalized when 15-20 people wearing black clothes and hoods went on an overnight rampaging spree smashing glasses and disfiguring the walls of the social media’s office.

The group smashed glasses and painted “facebook dislike” on the entrance wall.

However, mystery shrouds over the actual motive behind the act. No arrests had been made so far.

It might be mentioned that there were allegations that officials of the social network major had violated laws of the German government and irked a few quarters. The attack might be a fallout of the controversy.

The attack might be a fallout of the controversy.

However, a spokesperson of Facebook rubbished the allegation stating, “the allegations lacked merit and none of the law of the German government was violated, neither by Facebook nor by its employees”.

While Germany was trying to cope with the influx of refugees, racial comments on social media had escalated to new heights. Police were also probing this angle to reach the crux of the issue.

Meanwhile, the European head of the social networking site was facing inquest over Facebook’s stringent crackdown to expunge racist hate speeches.

The company further beefed its vigilance to monitor the xenophobic comments on Facebook.

A manhunt was on to nab the culprits.

(With inputs from agencies)

(Picture courtesy: www.theguardian.com)

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Facebook might lose $23 billion

This planned change sparked fears people will spend less time on the site, leading to its share stock suddenly dropping.

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Facebook shares fell down by 4% after Mark Zuckerberg announced a change in News Feed feature.
Facebook shares fell down by 4% after Mark Zuckerberg announced a change in News Feed feature.
  • Facebook recently was on the verge of losing $23 billion after they decided to make some changes in the News Feed feature.
  • The change was announced in order to make the time spent on the social networking site more meaningful.
  • However, the change leads to a 4% fall in the share of the Facebook.

Facebook was on course to lose 17 billion pounds ($23 billion) of its value after it announced it was making changes to its News Feed feature that will allow users to see more updates from family and friends than posts from businesses, brands and media.

Facebook share fell 4 percent within hours after Facebook CEO Mark Zuckerberg announced the changes to make the social network more meaningful, The Sun reported.

This change was supposed to make Facebook more meaningful. Pixabay
This change was supposed to make Facebook more meaningful. Pixabay

This could also result in lining them up for its worst financial position in more than three months — and Zuckerberg losing $3.3 billion of his own personal net worth.

“One of our big focus areas for 2018 is making sure the time we all spend on Facebook is time well spent. We built Facebook to help people stay connected and bring us closer together with the people that matter to us,” Zuckerberg posted on Facebook late on Thursday.

The CEO said that Facebook has got a feedback from the community that public content — posts from businesses, brands and media — is crowding out the personal moments that lead us to connect more with each other.

The change will show more posts by family and friends instead of brands and businesses, Pixabay
The change will show more posts by family and friends instead of brands and businesses, Pixabay

“We’re making a major change to how we build Facebook. I’m changing the goal I give our product teams from focusing on helping you find relevant content to help you have more meaningful social interactions,” he said.

“As we roll this out, you will see less public content like posts from businesses, brands, and media. And the public content you see more will be held to the same standard — it should encourage meaningful interactions between people,” Zuckerberg added.

This planned change sparked fears people will spend less time on the site, leading to its share stock suddenly dropping.

Zuckerberg admitted that the new changes might not pay off at first, but believes it is important users have more meaningful social interactions, The Sun said. IANS

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