Facebook

Senators to introduce privacy bill amid Facebook data scandal

A pair of Senators said Thursday they'll introduce a bipartisan bill to protect American consumers' online data privacy, a day after Facebook CEO Mark Zuckerberg was grilled by lawmakers over the social network's privacy protection practices. The bill would give consumers the right to see what … Read More

Facebook

Facebook isn’t worried about the impact of its privacy scandal on its bottom line

In the immediate aftermath of the Cambridge Analytica controversy, Facebook's stock price plummeted, dropping as much as 18.3% and losing many tens of billions of dollars in market cap. But maybe all the media coverage and Wall Street reaction and #DeleteFacebook energy isn't actually impacting … Read More

Facebook

Revealed: Aleksandr Kogan collected Facebook users’ direct messages

Aleksandr Kogan collected direct messages sent to and from Facebook users who installed his This Is Your Digital Life app, the Guardian can reveal. It follows Facebook's admission that the company “may” have handed over the direct messages of some users to the Cambridge Analytica contractor … Read More

Facebook

Mark Zuckerberg Survived Congress. Now Facebook Has to Survive the FTC

During almost ten hours of hearings this week, Facebook CEO Mark Zuckerberg faced questions from nearly 100 members of Congress. And more than a dozen of them brought up the Federal Trade Commission. While questions about that agency may not have made for the sexiest soundbites, … Read More

Facebook

Zuckerberg Flubs Details of Facebook Privacy Commitments

(AP) — Over two days of questioning in Congress, Facebook CEO Mark Zuckerberg chief revealed that he didn't know key details of a 2011 consent decree with the Federal Trade Commission that requires Facebook to protect user privacy. With congressional hearings over and no immediate momentum … Read More

Facebook

Facebook’s Zukerberg Quietly Drops Another Privacy Bomb – Facial Recognition

No one asked Mark Zukerberg about facial recognition when he visited the US Congress on April 10. He offered it as part of his response to questions about privacy when he said Facebook users should give “affirmative consent”when it comes to “technologies like facial recognition.” So why did he … Read …

Facebook

Survey claims that 9% of Facebook users have deleted their accounts

While Facebook has endured a number of scandals over the past few years, the fallout and controversy stemming from the Cambridge Analytica saga undoubtedly represents the biggest public relations challenge the social networking giant has ever faced. Speaking to the gravity of the situation, … Read More

Facebook

Senators propose legislation to protect the privacy of users’ online data after Facebook hearing

Kennedy had one of the more colorful lines of questioning during Mark Zuckerberg's testimony before the Senate Judiciary and Commerce committees on April 10th. “Mr. Zuckerberg, I come in peace,” he said at the time. “I don't want to vote to have to regulate Facebook, but by God I will. …

Facebook

Facebook will kill it this quarter as Zuckerberg aims to show Wall Street who’s boss, strategist says

Facebook stock is cheap and the embattled social media giant is about to beat first quarter earnings expectations, said veteran strategist David Seaburg. Engagement is still going strong and ad buyers are still locked in, Seaburg told Power Lunch. This is despite Facebook shares dropping more than 11 … Read More

Facebook

TED Is All About Facebook—and Not in a Good Way

The official theme of this year's TED conference is “The Age of Amazement.” But the unofficial theme may well be “Ugh, Facebook.” The first two days of TED's polished, elite gathering of technofuturists overlapped with Facebook CEO Mark Zuckerberg's painful-to-watch congressional hearing. Read More