WhatsApp co-founder asks users to delete Facebook amid public outrage over data misuse
SAN FRANCISCO – Brian Acton, a co-founder of WhatsApp, which Facebook bought in 2014, on Tuesday (March 20) urged people to delete their accounts on the giant social network, USA Today reported. "It's time," tweeted Acton, who quit Facebook earlier this year to start a foundation. He added the … Read …
Co-Founder of Facebook-Owned WhatsApp Calls for Facebook Boycott
"It is time. #deletefacebook," Brian Acton, whose messaging app was purchased by Facebook in 2014, tweeted on Tuesday evening. Brian Acton, the co-founder of messenger application WhatsApp, called for followers to delete Facebook in a tweet on Tuesday evening. "It is time. #deletefacebook … Read More
Stormy Daniels goes on the offensive on Twitter: “People DO care that he lied”
A Twitter user suggested to Daniels, “why don't you just disappear. No one cares you were a slut and slept with POTUS 12 yrs ago.” Daniels responded with a provocative tweet about her alleged affair with Trump in 2006. “Technically I didn't sleep with POTUS 12 years ago. There was …
Amnesty International Calls on Twitter to Release Their Raw Data on Abuse
On Tuesday, Amnesty International released its findings from a 16-month investigation into the experiences women face on Twitter—namely, online abuse. The 77-page report, #ToxicTwitter: Violence and abuse against women online, illustrates Twitter's failures to protect its most vulnerable users and to … Read More
Female politicians speak out over Twitter abuse
Scotland's three most prominent female politicians have backed calls for Twitter to clamp down on online abuse against women. Nicola Sturgeon, Ruth Davidson and Kezia Dugdale said they had received death and rape threats on the social media platform. They are supporting an Amnesty International … Read More
Facebook User-Data Scandal Wipes Out More Than $60 Billion of Social Giant’s Market Cap
Shares of Facebook continued their downward slide Tuesday as investors feared regulatory repercussions after revelations about the company's mishandling of data on 50 million users. Facebook's stock was down 5.3% as of 1:10 p.m. ET Tuesday, after a 6.8% drop Monday. As of midday Tuesday, the … Read More
Zuckerberg has sold more Facebook stock in the last 3 months than any insider at any other company
In the two weeks before Facebook's latest struggles, CEO Mark Zuckerberg sold 1.14 million shares as part of regularly scheduled programs. That was the most insider selling for any public company, going back as far as three months, according to Argus Research's Vickers Weekly Insider. Zuckerberg … Read More
Facebook has lost $60 billion in value
Facebook is having a bad day… for the second day in a row. Following the Cambridge Analytica debacle, Facebook shares (NASDAQ:FB) are currently trading at $164.07, down 4.9 percent compared to yesterday's closing price of $172.56. More importantly, if you look at Monday and Tuesday combined … Read More
Social media stocks tumble as Wall Street fears regulation
Since revelations on Saturday that a political consulting firm had improperly obtained personal data on 50 million Facebook users, the world's largest social media company has lost $60 billion of its stock market value. With concerns that Facebook's handling of users' data would lead to stepped up … Read More
Facebook investors sue the social media giant over voter-profile harvesting
Facebook investors sued Facebook on Tuesday, blaming the social media giant's failure to safeguard privacy for a stock slump that followed the … The world's largest social media network was sued in San Francisco federal court Tuesday by shareholders who said they suffered losses after the … Read More