Reports: Facebook faces $5B FTC fine, largest ever in tech
At $5 billion, the fine the FTC is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012.
At $5 billion, the fine the FTC is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012.
Internet
Jul 12, 2019
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When Facebook announced its intention last month to get into the money business with its own digital currency, we were left wondering what would be next. Its own court system? Its own standing army?
Internet
Jul 5, 2019
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Facebook said it was "back at 100 percent" Wednesday evening after an outage on all of its services affected users in various parts of the world.
Internet
Jul 4, 2019
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Facebook acknowledged Wednesday an outage affecting users in various parts of the world and said it was working on a fix.
Internet
Jul 3, 2019
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Aleksandr Kogan, the data scientist at the center of Facebook's Cambridge Analytica privacy scandal, said he is dropping a defamation lawsuit against the social network rather than engage in an expensive, drawn-out legal ...
Internet
Jul 2, 2019
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Facebook and YouTube said Tuesday they were moving to reduce the spread of misleading health care claims after a media report showed the proliferation of bogus cancer cures on social media.
Internet
Jul 2, 2019
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German authorities said Tuesday that they have imposed a 2 million-euro ($2.3 million) fine on Facebook under a law designed to combat hate speech.
Internet
Jul 2, 2019
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Facebook says it will make advertisements for jobs, loans and credit card offers searchable for all U.S. users following a legal settlement designed to eliminate discrimination on its platform.
Internet
Jul 1, 2019
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Facebook is updating its terms and services guidelines to clarify how it makes money from the personal information of its users. The changes reflect its ongoing attempts to satisfy regulators in the U.S. and Europe, which ...
Internet
Jun 27, 2019
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Facebook said Thursday it would soon open up nominations for a new 40-member oversight panel to make tough decisions on content moderation, saying it would be independent of governments and management of the social networking ...
Business
Jun 27, 2019
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