HIGHLIGHTS Now there’s more internal momentum to pursue such an option During testimony, Zuckerberg left the door open for subscription option Company generated virtually all its revenue last year by selling ads Facebook has been conducting market research in recent weeks to determine whether an ad-free version paid by subscriptions would spur more people to join the social network, according to ... Read More »
Tag Archives: Facebook
WhatsApp Business App Has Over 3 Million Users, Says Facebook
WhatsApp Business is only available for Android at the moment WhatsApp Business has an active user base of over 3 million people, Mark Zuckerberg has said. The WhatsApp Business user base was revealed in Facebook’s Q1 2018 earnings call, Venture Beat reportedlate on Wednesday It is a standalone app separate from the other version of WhatsApp used by 1.5 billion people, was launched in January for Android users in six countries – ... Read More »
Facebook Slammed by UK Lawmakers as CTO Promises Transparency Overhaul
HIGHLIGHTS Facebook CTO was filling in for Zuckerberg in front of British lawmakers Zuckerberg had declined to appear himself Lawmaker said CTO failed to provide full answers on nearly 40 points A top Facebook executive apologised for errors made by the firm and vowed to do more to improve transparency during a four-hour grilling on Thursday from British lawmakers who insisted the ... Read More »
Facebook Officials Head to Europe to Respond to Data Scandal
HIGHLIGHTS Facebook is responding to concerns over user data misuse The social network has been embroiled in a privacy scandal Facebook COO and CTO will be amongst those doing the rounds Facebook officials will be travelling – or at least making phone calls – to Europe to respond to concerns that the data of as many as 2.7 million people in the European ... Read More »
WhatsApp Says It Collects Very Little Data as Facebook Privacy Scandal Rages On
HIGHLIGHTS WhatsApp says all messages are end-to-end encrypted Experts say information about calls is likely being mined by WhatsApp Group chats also put users at risk, according to privacy experts WhatsApp has attempted to address privacy concerns surrounding its service as parent company Facebook’s Cambridge Analytica scandal continues. The world’s most popular instant messaging service, WhatsApp says it collects very little data and that ... Read More »
Facebook ‘Didn’t Do a Good Enough Job’ Protecting Data, Says COO Sheryl Sandberg
Facebook chief operating officer Sheryl Sandberg said the social media company failed to protect users’ information during an interview with PBS NewsHour’s Judy Woodruff on Thursday (April 5). “We know that we did not do a good enough job protecting people’s data. I’m really sorry for that,” Sandberg said. The company’s shares have sunk 16 percent, wiping more than $80 billion from its market value ... Read More »
Facebook Asked to Explain Curb on Russia Media Accounts: RIA
Russia’s communications watchdog said on Friday it had asked Facebook to explain why access had been restricted to the Facebook accounts of some Russian media organisations, RIA news agency said. Roskomnadzor said it considered the restrictions to be a continuation of Facebook’s “unfriendly policy towards Russian users,” RIA said. The report did not specify which accounts had been affected, but Roskomnadzor said ... Read More »
Facebook Being Pressed by EU on Sharing of Its Users’ Data
The European Commission pressed Facebook on Monday over whether EU citizens’ data were among those improperly harvested by a British political consultancy, after the US regulator said it was investigating the firm’s privacy practices. That piled yet more pressure on a firm that has lost more than $100 billion (roughly Rs. 6.5 lakh crores) in market value in the last 10 days. Facebook shares fell ... Read More »
Facebook, Alphabet, Twitter CEOs Invited to Testify at US Senate Hearing
A panel of Senate lawmakers aims to grill the top executives of Facebook, Google, and Twitter next month, the latest indication that the controversysurrounding Facebook’s data privacy practices now threatens to envelop the whole of Silicon Valley. The Senate Judiciary Committee’s chairman, Republican Sen. Chuck Grassley, Iowa, on Monday scheduled an April 10 hearing on the “future of data privacy and social media” – and the ... Read More »
Germany Vows ‘Stricter’ Facebook Oversight After Data Leak
Germany’s justice minister on Monday said Facebookshould face “stricter” oversight and be more transparent with its users, as the tech giant struggles to contain the fallout from a huge data privacy scandal. Speaking after a meeting with European Facebook executives in Berlin, Justice Minister Katarina Barley said the firm’s assurances that it had already cracked down on the misuse of personal data ... Read More »