US regulators have approved a record $5bn (£4bn) fine on Facebook to settle an investigation into data privacy violations, reports in US media say. The Federal Trade Commission (FTC) has been investigating allegations that political consultancy Cambridge Analytica improperly obtained
US officials are investigating a secret Facebook group where border patrol members allegedly posted racist and sexist jokes about migrants and others. The private group had about 9,500 members, including former and current border patrol agents, ProPublica reported. Some posts mocked
Visa, Mastercard, PayPal and Uber are among firms that will invest around $10 million each in consortium that will govern digital coin Facebook Inc. FB 1.39% has signed up more than a dozen companies including Visa Inc.,Mastercard Inc., MA -1.00% PayPal Holdings Inc. PYPL 1.07% and Uber Technologies Inc.UBER 5.07% to back a new cryptocurrency it
New York (CNN Business) — Facebook pushed back Wednesday afternoon on a Wall Street Journalreport that said the company had “uncovered emails” that could show CEO Mark Zuckerberg “knew of problematic privacy practices” at the company. The report comes as both
A vote calling for Mark Zuckerberg to stand down as Facebook’s chairman is expected to take place at the company’s annual general meeting on Thursday. Mr Zuckerberg is both Facebook’s chief executive and the chairman of its board of directors.
New York (CNN Business)Facebook took down 2.2 billion fake accounts between January and March, a record high for the company. That number is only slightly less than the 2.38 billion monthly active users Facebook has around the world. For comparison, Facebook (FB) disabled
Facebook has announced curbs on its streaming feature ahead of an online extremism summit in Paris, called after the Christchurch mosque attacks. The tech giant said there would be a “one-strike policy” banning those who violate new Facebook Live rules.
SAN JOSE, Calif. (Reuters) – Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past scandals while
Facebook is suffering the most severe outage in its history, with key services rendered unusable for users globally for much of Wednesday. The last time Facebook had a disruption of this magnitude was in 2008, when the site had 150m
Facebook boss Mark Zuckerberg has said he believes secure, private messaging services will become more popular than open platforms. In a blog, Mr Zuckerberg outlined his vision to transform Facebook into a “privacy-focused platform.” Facebook owns Messenger and WhatsApp, but