Meta has agreed to pay $725 million to settle a long-running lawsuit concerning the data harvesting Cambridge Analytica scandal of 2018. However, it has not admitted to any wrongdoing.
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The UK's ICO has announced that Facebook has agreed to pay £500,000 for violating the Data Privacy Act 1998 with regards to the Cambridge Analytica scandal. Facebook has not accepted liability though.
The U.S. Securities and Exchange Commission is expected later today to announce a settlement with Facebook amounting to at least $100 million. The fines are related to the Cambridge Analytica scandal.
According to a survey conducted by Viber in the US and UK, less than three percent of users would use the Libra crypto currency when it launches next year, and half those asked don't trust Facebook.
The Italian government charged Facebook with a hefty penalty of €1m today for breach of user data by political analytics company Cambridge Analytica. The million euro fine is non-negotiable.
Facebook has unsurprisingly chosen to contest the decision by the United Kingdom's ICO to slap the company with a £500,000 fine following the Cambridge Analytica scandal earlier this year.
Nick Clegg, the U.K.'s former Deputy Prime Minister, has announced he is taking up a position at Facebook from Monday. He plans to relocate the U.S. in 2019 with his family to be closer to work.
Facebook has reminded developers to submit their third-party apps for review by August 1st in order to carry on using the Facebook APIs. Checks are being made to prevent misuse of user data.
A couple of weeks ago, Facebook told Congress that 61 companies were given access to user data beyond a cutoff date. One of these has now been revealed as the Russian internet company, Mail.Ru.
Former Microsoft CEO Steve Ballmer thinks tech giants should try and address issues with regulators as amicably and as quickly as possible, cautioning them against a combative approach.
Mark Zuckerberg will be sitting before several members of the European Union Parliament later today. The event was going to be held behind closed doors but will now be live streamed.
Facebook has published a new report which details how much content it has removed that is in violation of its community standards. The report was published to help the firm build user's trust.
Facebook has confirmed that it has begun a previously announced audit of apps which may have gleaned a lot of data before a 2014 change was put in place. It said 200 apps were suspended so far.
Mozilla recently conducted a study into people's perceptions of Facebook and whether people had taken action in light of the recent Cambridge Analytica data scandal. Privacy advocates won't be happy.
Having found that the vast majority of its customers and suppliers had been driven away given the recent scandal involving data sourced from Facebook, Cambridge Analytica will soon close down.
After Mark Zuckerberg refused its summons last week, the U.K. Parliament has issued an ultimatum, stating that the Facebook CEO must appear before it in a session on the 24th of May.
Facebook's chief technology officer will appear before a UK parliamentary committee investigating the Cambridge Analytica scandal. He will also outline new measures that relate to 2019 political ads.
Mark Zuckerberg is set to testify on issues that have been plaguing Facebook for the past year. There will be two different sittings on Tuesday and Wednesday. Read on to learn how to watch them.
New statistics from Facebook claim that as many as 87 million people may be affected by the data breach, with over 80% from the US, more than one million from the UK, and 500,000 from India.
Facebook has announced changes to its privacy settings. The new changes make sifting through your settings on mobile much less laborious, thus empowering users to make better privacy decisions.
Playboy has announced that it is pulling its accounts from Facebook due to the recent revelations of data misuse. The firm says it had a following of 25 million users on the platform.
Sources with knowledge on Facebook's smart speaker projects have revealed that the devices won't be shown off at the Facebook developer event in May. The firm plans to reveal them this year though.
Facebook has announced that Mark Zuckerberg will not attend the committee hearing regarding Cambridge Analytica's misuse of user data obtained from Facebook. The company will send its CTO or CPO.
Facebook is now under investigation by the U.S. Federal Trade Commission following reports that Cambridge Analytica mined the private data of some 50 million Facebook users for political purposes.
Facebook's CEO Mark Zuckerberg and COO Sheryl Sandberg have each released statements regarding the company's recent scandal regarding Cambridge Analytica, in which users' data was leaked.
Aleksandr Kogan, the academic who became known for passing on misappropriated private data of Facebook users to Cambridge Analytica for use in the Trump campaign, claims he is being scapegoated.
The EU will be investigating allegations against Cambridge Analytica regarding its misuse of Facebook users' private data. The analytics firm is known for having assisted the Trump campaign.
Facebook has announced that it has suspended Cambridge Analytica and its parent company, SCL, while it investigates policy violations. The subsidiary helped Donald Trump clinch the US presidency.