Despite the social media platform being challenged on several fronts, Facebook’s financial results are not slowing down.
Leaked documents from a civil suit against Facebook show how the social network aimed to employ user data as a tool for bargaining and to manipulate competitors, NBC News reported on Wednesday.
California's attorney general on Wednesday accused Facebook of failing to provide a slew of information subpoenaed in a probe of its privacy practices begun last year in the wake of the Cambridge Analytica scandal.
Social media giant Facebook has admitted a possible security breach yet again. It said on Tuesday that nearly 100 software developers improperly accessed its user data, which included names and profile pictures of people.
It's going to be a while
Management says it saw an increase in engagement on its most mature product in its most mature market.
China has launched an ambitious effort to challenge the US dominance in blockchain technology, which it could use for everything from issuing digital money, to streamlining a raft of government services and tracking Communist Party loyalty.The technology received a crucial endorsement from President Xi Jinping last week, a signal that the government sees blockchain as an integral part of the country's plan to become a high-tech superpower.
In the third quarter of 2019, Facebook's total user base grew to an astonishing 2.45 billion.
Jack Dorsey is a verified supporter of cryptocurrencies, and a huge advocate of Bitcoin -- but not Libra.
Twitter's new policy barring political advertising is in contrast to the stand from Facebook, whose CEO Mark Zuckerberg has vowed to allow all users a "voice"
CEO Jack Dorsey is taking action to eliminate fake news from the social media platform.
Facebook said its profit topped $6 billion on revenue that climbed 28 percent to $17.4 billion in the quarter that ended on September 30, 2019
Democratic presidential hopefuls (from L) Vermont Senator Bernie Sanders, former US vice president Joe Biden and Massachusetts Senator Elizabeth Warren are leading the race to win the nomination
Some Facebook employees, backed by Democratic lawmakers, have called on the social media giant to do more to curb "civic misinformation" from politicians
The underdog social network is running out of steam as it struggles with software bugs, tepid advertiser interest, and rising costs.
Facebook CEO Mark Zuckerberg touted the benefits of the Libra cryptocurrency and attempted to rebuke some concerns from financial regulators.
One key lawmaker, Maxine Waters, pledged to block Facebook's planned Libra digital currency, which she called the "ZuckBuck"
Facebook Chairman and CEO Mark Zuckerberg testifies before the House Financial Services Committee on Wednesday
Visa, Mastercard, and PayPal are just some of the big names that have pulled out of Project Libra.
Digitalized equity can confer many or all of the same rights enjoyed by traditional business investors, but in a more efficient and transparent way that is far less prone to abuse or human error.
Facebook founder and CEO Mark Zuckerberg is to testify this week before a House committee on Libra, a proposed cryptocurrency that has met resistance from regulators in US and Europe
Facebook says the digitial coin Libra will be managed by an independent nonprofit association, not by the social network