Facebook has changed its terms of service, meaning 1.5 billion members will not be protected under tough new privacy protections coming to Europe. The move comes as the firm faces a series of questions from lawmakers and regulators around the world over its handling of personal data.
Brazil is pushing for the establishment of rules around Internet data flows and has presented a document on the subject to the World Trade Organization (WTO) to stress the urgency of starting a more objective debate. Amid concerns over Facebook's use of tracking users with pixels, Brazil joins the Netherlands, France, and EC in legal moves.
Facebook chief executive Mark Zuckerberg testified about data privacy on Tuesday in a marathon hearing before the United States Senate Judiciary and Commerce committees. Here are seven takeaways.
On the eve of an expected grilling by U.S. lawmakers, Facebook chief executive Mark Zuckerberg once again apologized for inadequately protecting the data of millions of social media platform users and highlighted steps the firm is taking to prevent a repeat.
Facebook founder Mark Zuckerberg has admitted that the social network “made mistakes” that led to millions of Facebook users having their data exploited by a political consultancy.Cambridge Analytica is accused of improperly using the data on behalf of political clients. In a statement Zuckerberg said a “breach of trust” had occurred. In a later interview with CNN he said he was “really sorry”, and pledged to take action against “rogue apps”.
A Facebook shareholder is suing the social media giant for allegedly misleading investors in the Cambridge Analytica affair that's currently rocking the social network. Fan Yuan, who owns Facebook stock, filed a lawsuit Tuesday in the District Court of Northern California, located in San Francisco, on behalf of Facebook shareholders. Gizmodo first reported the lawsuit, which is seeking class action status. You can read the full complaint here.
Facebook is hiring 3,000 people for its community operations team, to help stop hate speech, child abuse and self-harm being broadcast on the website. Chief executive Mark Zuckerberg said it had been heartbreaking to see people hurting themselves and others in videos streamed live on Facebook.
The day after a Brazilian judge ordered the suspension of the Whatsapp cell-phone chat and voice service for 48 hours, cutting off millions of users from one of the country’s most popular communication services, another judge overturned the ban.
Facebook's Mark Zuckerberg and his wife Priscilla Chan say they will give away 99% of their shares in the company to good causes as they announce the birth of their daughter Max. Zuckerberg made the announcement in a letter to Max on his Facebook page.
Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than 100 billion US dollars, financial news channel CNBC reported this week.