• Home
  • About
  • Blog
  • Advertise
  • Contact
No Result
View All Result
Ideasgist
Advert for @ideasdmedia
  • Home
  • MediaHot
  • TechnologyNew
  • Education
    • School
    • Jamb
    • University
    • Polytechnic
    • College of Education
  • Sport
    • Football
  • NewsTrending
    • Politics
    • Local
    • World
  • Entertainment
    • Celebrities
    • Media
  • Lifestyle
    • Fashion
    • Health
    • Relationship
  • More Topics
    • Business
    • Banking
    • Telecom
    • Job
  • Home
  • MediaHot
  • TechnologyNew
  • Education
    • School
    • Jamb
    • University
    • Polytechnic
    • College of Education
  • Sport
    • Football
  • NewsTrending
    • Politics
    • Local
    • World
  • Entertainment
    • Celebrities
    • Media
  • Lifestyle
    • Fashion
    • Health
    • Relationship
  • More Topics
    • Business
    • Banking
    • Telecom
    • Job
No Result
View All Result
Ideasgist
No Result
View All Result
  • Home
  • Media
  • Technology
  • Education
  • Sport
  • News
  • Entertainment
  • Lifestyle
  • More Topics
Ideasgist Advert Ideasgist Advert Ideasgist Advert
ADVERTISEMENT

Facebook Planning To Change Its Name Next Week To Shake Off Multiple Scandals

by Oluwaseyi Olaniyi
October 20, 2021
in Tech, App
Reading Time: 3 mins read
A A
Facebook Planning To Change Its Name Next Week To Shake Off Multiple Scandals

Social media platform, Facebook has disclosed that it will rebrand with a new name to distance itself from a series of controversial scandals.

The firm’s original social media site, Facebook, will likely keep its moniker, but Facebook Inc., the parent company which also owns Instagram and WhatsApp, will rebrand.

Chief Executive Officer Mark Zuckerberg plans to reveal the parent company’s new name at its annual Connect conference on October 28, but it could be unveiled sooner, the Verge reported.

The change is expected to position Facebook’s social media app as one of many products under a parent company, which will oversee products like Instagram, WhatsApp, Oculus and more.

AlsoRead:

Introducing Ectolife, the World’s First Artificial Womb Facility.

Twitter Founder Jack Dorsey is Creating a New Social Network. Look Out, Elon.

Twitter Is Finally Adding An Edit Button!

It will also help distance the firm’s flagship social media brand from future bad publicity, with recent whistleblower testimony from former worker Frances Haugen managing to contaminate the reputations of Facebook and Instagram.

The move could also benefit the company’s reputation which has suffered hit after hit in recent years.

It was accused of facilitating the spread of misinformation during the 2016 US presidential election, prompting a a series of congressional hearings and policy changes, including the introduction of third-party fact-checkers and further transparency in political advertising.

In 2019, the Federal Trade Commission fined Facebook $5 billion for allowing 87 million US profiles to be harvested for information used for political advertising by British firm Cambridge Analytica.

Some of the advertising was used to help the 2016 campaign of former president Donald Trump.

Most recently, former Facebook employee Frances Haugen released a trove of documents dubbed the ‘Facebook Files’ to the Wall Street Journal.

The internal research suggests that Facebook promoted divisiveness as a way to keep people on the site.

It also showed that the company knew Instagram harmed young girls’ body image and even tried to brainstorm ways to appeal to toddlers by ‘exploring playdates as a growth lever.

‘Haugen, who anonymously filed eight complaints about her former employer with the US Securities and Exchange Commission, told 60 Minutes earlier this month: ‘Facebook, over and over again, has shown it chooses profit over safety.’She claimed that a 2018 change prioritizing divisive posts, which made Facebook users argue, was found to boost user engagement.

The firm’s original social media site, Facebook , will likely keep its moniker, but Facebook Inc., the parent company which also owns Instagram and WhatsApp, will rebrand. ‘You are forcing us to take positions that we don’t like, that we know are bad for society. We know if we don’t take those positions, we won’t win in the marketplace of social media,’ Haugen said.

She also blamed Facebook for spurring the January 6 Capitol riot.

Haugen, who spent two years at Facebook after working at Google, Yelp and Pinterest, testified in Congress on October 5.


Like us on Facebook. Follow us Twitter and Instagram. Subscribe to our YouTube Channel. Join our WhatsApp Group and Telegram Channel. Read more on Latest News, Tech News, Media and lot more.

SUBSCRIBE TO OUR NEWSLETTER





Tags: facebookName
ShareTweetSendShare
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
ADVERTISEMENT
Previous Post

#EndSarsMemorial: Lekki Massacre Fake, CNN, Amnesty International Lied – Lai Mohammed

Next Post

Nigerian Banks Reportedly Make COVID-19 Vaccination Compulsory For Staff

Oluwaseyi Olaniyi

Oluwaseyi Olaniyi

Related Posts

Facebook, Instagram Users Can Now Ask ‘Oversight’ Panel To Teview Decisions Not To Remove Content
News

Facebook, Instagram To Open New Channels For Content Creators To Make Money

June 21, 2022
Facebook To Discontinue Features Including ‘Nearby Friends’, Others
Tech

Facebook To Discontinue Features Including ‘Nearby Friends’, Others

May 9, 2022
Mark Zuckerberg Falls Out Of Top 10 Rich List After Losing $30B Yesterday
News

Mark Zuckerberg Falls Out Of Top 10 Rich List After Losing $30B Yesterday

February 4, 2022
Facebook, Instagram Users Can Now Ask ‘Oversight’ Panel To Teview Decisions Not To Remove Content
Tech

Facebook Shares Drop By 20% After Losing Traffic For First Time

February 3, 2022
Sofiat: We Got Money Ritual Guidelines From Facebook – Ogun Teenage Boys
News

Sofiat: We Got Money Ritual Guidelines From Facebook – Ogun Teenage Boys

February 1, 2022
Facebook, Instagram Users Can Now Ask ‘Oversight’ Panel To Teview Decisions Not To Remove Content
Tech

Facebook Changes Its Name To Meta In Major Rebrand

October 29, 2021
Load More
Next Post
Nigerian Banks Reportedly Make COVID-19 Vaccination Compulsory For Staff

Nigerian Banks Reportedly Make COVID-19 Vaccination Compulsory For Staff

Please login to join discussion

#Talk – Sp3ncer (Prod , m&m Deravibez)

http://ideasgist.com.ng/wp-content/uploads/2022/11/Talk-Sp3ncer-Prod-mm-Deravibez-mp3.mp3
  • Trending
  • Comments
  • Latest
mapoly

Does Mapoly Accept Second Choice?

August 17, 2019 - Updated on August 28, 2022

How To Check Acceptance Fee Payment Not Reflecting On Your Portal

November 22, 2018
Tiwa Savage Lookalike Kash Doll Is The One On The Viral S*x Tape Not Tiwa Savage

Tiwa Savage Lookalike Kash Doll Is The One On The Viral S*x Tape Not Tiwa Savage

October 13, 2021
Gionee G13 Pro Price In Nigeria, Full Speculation

Gionee G13 Pro Price In Nigeria, Full Speculation

February 4, 2022

The Polytechnic, Ibadan Includes Certificate Of National Diploma Among Clearance Criteria

December 17, 2018

How to Generate OTP for GTBank Without Hardware Token

November 24, 2019 - Updated on August 28, 2022
Ectolife Hashem

Introducing Ectolife, the World’s First Artificial Womb Facility.

December 11, 2022
How to Block Your Bank Account with Code if ATM Card is Stolen

How to Pay for Subscription (DSTV, GOTV) with GTBank

December 9, 2019 - Updated on August 28, 2022
Tesla To Recall 135,000 Vehicles Over Touchscreen Issue

Tesla To Recall 135,000 Vehicles Over Touchscreen Issue

February 3, 2021

774,000 Jobs: Senate President Speaks On Controversial Recruitment

July 6, 2020
Ectolife Hashem

Introducing Ectolife, the World’s First Artificial Womb Facility.

December 11, 2022
BlueSky

Twitter Founder Jack Dorsey is Creating a New Social Network. Look Out, Elon.

December 11, 2022
Waec

How to Know If Your WAEC Result Has Been Uploaded

October 18, 2022
Lasustech

LASUSTECH Celebrates Successful Hosting of NUC Resources Verification Team.

October 1, 2022 - Updated on October 18, 2022
Saving Icon 3d Illustration from Investment Collection Creative Saving 3d Icon Web Design Templates Infographics More 67690

How To Keep Your Savings Safe and Earn Monthly Interest: The Right Investment Options for You

September 8, 2022
Jamb

Can’t Input or Access Your Registration Number on Jamb?

September 8, 2022
Twitter Edit Button 768x432

Twitter Is Finally Adding An Edit Button!

September 5, 2022
Sanwo-Olu Donates Two Two High-Capacity Buses, Fast-Speed Internet To Students Of Newly Upgraded Lagos State University of Science and Technology

Sanwo-Olu Donates Two Two High-Capacity Buses, Fast-Speed Internet To Students Of Newly Upgraded Lagos State University of Science and Technology

August 28, 2022
Lagos State University of Science and Technology (LASUSTECH) Takeoff Courses 2022/2023

Lagos State University of Science and Technology (LASUSTECH) Takeoff Courses 2022/2023

August 4, 2022
Big Brother Naija Season 7

Big Brother Naija 2022 Season 7

July 28, 2022
Facebook Instagram Twitter Youtube TikTok Telegram

An online media website for latest news and updates in Technology, Business, Education, Sports, Politics, Entertainment, Health, Fashion...and many more.

About

  • Advertise
  • Contact
  • Newsletter

Quick Links

  • Privacy
  • Terms of Use
  • DMCA

2022 Ideasgist ™ | A Subsidiary of iMultiple Holdings | All rights reserved.
Website Developed by Ideas Digital Media.

No Result
View All Result
  • Home
  • Media
  • Technology
  • Education
    • School
    • Jamb
    • University
    • Polytechnic
    • College of Education
  • Sport
    • Football
  • News
    • Politics
    • Local
    • World
  • Entertainment
    • Celebrities
    • Media
  • Lifestyle
    • Fashion
    • Health
    • Relationship
  • More Topics
    • Business
    • Banking
    • Telecom
    • Job

2022 Ideasgist ™ | A Subsidiary of iMultiple Holdings | All rights reserved.
Website Developed by Ideas Digital Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.
SIGN UP FOR NEWSLETTER NOW
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?