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Facebook Inc has been slammed with a hefty $5billion fine by the U.S. Federal Trade Commission following its investigation into the social media company’s handling of user data, multiple sources familiar with the situation said.
Mexican President Andres Manuel Lopez Obrador said he spoke with Facebook Inc’s Mark Zuckerberg on Tuesday, inviting the social media tycoon to partner with him in a bid to promote universal internet access in Mexico.
Facebook CEO Mark Zuckerberg did not knowingly violate an agreement with the regulator supervising the company’s management of users’ personal data, the social media giant said Wednesday as it addressed an issue that has been under federal investigation for the past year.
Facebook will announce a new cryptocurrency this month, according to a report by The Information. Facebook employees who work on the project, called Libra, can choose to be paid in the cryptocurrency token instead of hard cash, the report says. Previous reports have suggested that a global launch would happen next year.
On Capitol Hill yesterday, Sen. Bernie Sanders (I-VT), a Democratic frontrunner, told Politico that he supports his colleague and presidential competitor Sen. Elizabeth Warren’s (D-MA) calls to break up Facebook.
This year’s list is divided into four categories namely; pioneers, artists, leaders, titans and icons.
Facebook acquired Instagram for $1 billion in 2012, and in the seven years since, the photo sharing app has gone from just that — a place to share photos with friends — to an entire video, photo, and shopping ecosystem unto itself. That transition hasn’t been seamless.
Facebook more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to $22.6 million, a regulatory filing showed on Friday.
Britain proposed new online safety laws on Monday that would slap penalties on social media companies and technology firms if they fail to protect their users from harmful content.
Facebook Inc’s Chief Executive Officer Mark Zuckerberg is confident the world’s biggest social network will do better in 2020 at stopping “bad actors’’ from manipulating the U.S. presidential election.
Facebook chief Mark Zuckerberg’s call for “globally harmonized” online regulation raises questions about how internet platforms can deal with concerns about misinformation and abusive content while remaining open to free speech.
Forbes has released its annual list of world richest people listing Kylie Jenner, the youngest Kardashian sister, as the new youngest billionaire in the world.
Jeff Bezos remains the world’s richest person, ahead of Bill Gates and Warren Buffett, according to the latest Forbes list of the ultra-wealthy.
Facebook CEO Mark Zuckerberg will finally meet with a representative of the UK government after a UK parliamentary report this week excoriated the social media site for behaving like “digital gangsters.”
A scathing British parliamentary report on Monday branded Facebook “digital gangsters” who failed to fight the spread of fake news and violated data privacy.
British MPs have accused Facebook of "intentionally and knowingly" violating data privacy laws and called for a code of ethics to regulate social media platforms to limit the spread of fake news.
National Emergency Management Agency (NEMA), on Monday accused members of the Shiite group, Islamic Movement of Nigeria, of burning down two ambulances at the Agency’s Emergency Response and Ambulance Bays (ERABs) in Abuja.
Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
The Federal Government has revealed that the new minimum wage of N30,000 is yet to be implemented in full across the board in the Federal Civil Service because of unrealistic demands of the labour unions.
Abba Kabir-Yusuf, the Peoples Democratic Party (PDP) candidate in the March 23 Governorship election in Kano State, on Monday, tendered 241 exhibits before the state Governorship Election Petition Tribunal.
The Federal Government on Monday in Abuja affirmed its readiness to deploy biogas for electricity generation in the country.
One of the 13 suspects, Ibrahim Abdullahi, who abducted the traditional head of Daura, Magajin Daura, Alhaji Musa Umar, has disclosed that they were trained in Libya, adding that they demanded $30 million ransom for his release.
While Newcastle reportedly prepare to make Steve Bruce their next manager, the Magpies will try to wrap up their first purchase of the summer window.
Socio-Economic Rights and Accountability Project (SERAP) has sent a petition to Mrs. Fatou Bensouda, Prosecutor, International Criminal Court (ICC), urging her to use her “good offices to investigate whether the problem of out-of-school children in Nigeria, and the failure of the Nigerian authorities over the years to address it amount to violence against children and crimes against humanity within the jurisdiction of the ICC.”
Super Eagles’ midfielder Alex Iwobi has hailed the Super Eagles’ third place finish at the 2019 Africa Cup of Nations (AFCON), saying it was a great achievement for a young team.Guinea, Burundi
Rivers State Deputy Governor Dr. Ipalibo Harry Banigo, has reiterated the State Government’s determination to totally terminate terror attacks on the state’s marine corridor.