Facebook Inc has been paying outside contractors to transcribe audio clips from users of its services, Bloomberg reported on Tuesday, citing people familiar with the matter. The company confirmed that it had been transcribing users' audio, and said it was no longer doing so, Bloomberg reported.
A Brazilian agency which sets the commercial rules of the advertising market has approved a resolution to classify technology companies like Google and Facebook as media companies, a move which could subject digital platforms to the same rules faced by other media.
The Federal Trade Commission is set to announce this Wednesday that Facebook has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion, people briefed on the matter have said.
New York Governor Andrew Cuomo on Monday ordered the U.S. Department of Financial Services to investigate reports that state-regulated advertisers were using Facebook Inc's advertising platform in a discriminatory manner.
Facebook Inc’s fine for withholding WhatsApp messages from a drug-trafficking investigation in Brazil should be reduced to 23 million reais (US$ 5 million), a Brazilian federal appeals court ruled on Tuesday.
Ecuador's President Lenin Moreno has blocked the extradition to the United States of a New York man charged with trying to defraud Facebook Inc founder Mark Zuckerberg, according to a document obtained by Reuters.
One of the co-founders of Facebook called on Thursday for the social media behemoth to be broken up, warning that the company's head, Mark Zuckerberg, had become far too powerful.
Facebook has said it will set aside US$ 3bn to cover the potential costs of an investigation by US authorities into its privacy practices. While it has provided for a heavy toll from the investigation by the US Federal Trade Commission, the final cost could be US$ 5bn, it said.
Facebook, Instagram and WhatsApp users on Sunday experienced difficulties accessing the social network sites and messaging service. According to the Down Detector website, Facebook began experiencing technical issues at about 6.30am US Eastern Time with users affected worldwide.
Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to US$22.6 million, a regulatory filing showed on Friday. Zuckerberg has drawn a base salary of US$1 for the past three years, and his other compensation was listed at US$22.6 million, most of which was for his personal security.