Facebook

Facebook first minutes of trading were plagued by technical glitches at the Nasdaq. Dozens of lawsuits were quickly filed over the IPO -- both for the trading errors and for Facebook allegedly withholding negative information from investors.

The European Commission said Facebook had said it could not automatically match user accounts on its own platform and WhatsApp.

But two years later it launched a service that did just that.

Facebook said the errors it had made were not intentional.

'Clear signal'

The social media giant had been given until 10:00 local time (04:00 GMT) to remove 131 pages that Thailand said violated its strict lese-majeste laws.

More than 100 people have been charged under the law since the military coup three years ago.

Authorities had threatened legal action and a complete shutdown of Facebook.

Thais are among the biggest users of Facebook in Asia, with thousands of small businesses here relying on it as their main marketing tool.

On this special occasion, which is celebrated today on 14th May 2017, Facebook has made efforts to make thanking people a lot easier with the help of its purple flower reaction.The social media giant brought back the purple flower emoji this season and had added it to the list of reactions that are available in every story, status update or pictures that are shared on Facebook.

The social media giant has been given until next Tuesday to remove more than 130 items from pages viewable in Thailand.

Facebook says it does consider requests from governments to block material, and will comply if it breaks local laws.

Any comment critical of the monarchy can result in prosecution under Thailand's strict lese-majeste law.

Those convicted face long prison sentences.

Thailand's military government that seized power in Thailand in 2014 has made great efforts to suppress any criticism of the monarchy.

The case was brought by the country's Green Party after its leader was targeted by a false account.

The court said postings not just in Austria but worldwide must be deleted. Facebook has not yet commented.

The ruling is seen as a victory for campaigners who want to make social media platforms combat online trolling.

The appeals court in Vienna ruled that postings against Greens' leader Eva Glawischnig as any verbatim repostings should be removed.

It added that merely blocking the messages in Austria without removing them for users abroad was not sufficient.

The ads, in papers including The Times, The Guardian and Daily Telegraph, carry a list of 10 things to look out for when deciding if a story is genuine.

They include checking the article date and website address, as well as making sure it isn't intended as satire.

Facebook is under fresh political pressure to tackle fake news in the run up to the UK general election.

The Oculus Story Studio will no longer create its own material but will now help others make VR-ready content.

The studio won several awards for its short VR-ready films, one of which, called Henry, about a hedgehog's birthday party, won an Emmy.

The company has set up a $50m (£39m) fund to pay for non-game content.

It said the closure of the studio did not mean it was abandoning movies and films made for VR.

The number of people using Facebook each month increased to 1.94 billion, of which nearly 1.3 billion use it daily, the company said.

The US tech giant reported profits of just over $3bn (£2.4bn) in the first quarter, a 76% rise year-on-year.

However, it warned that growth in ad revenues would slow down.

The company has also come under sustained pressure in recent weeks over its handling of hate speech, child abuse and self-harm on the social network.

But there are warnings that the recent Facebook craze could actually be a risk to our online security.

The first gig you went to is often one of the security questions which banks and other organisations ask when setting up an account - and revealing that information online, even in an innocent online post, could make you more vulnerable to hackers.

"I wouldn't do it," said Prof Alan Woodward, from the University of Surrey.

"But it's difficult to tell people not to take part, as it is part of their social interaction and has become the norm.