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June 4, 2021 | Via NBC News

Facebook’s Marketplace Investigated for Antitrust Violations by EU, UK

The European Union and the U.K. have launched antitrust investigations into Facebook’s use of advertising data in its classified ads business, probes which could force it to change its business model on top of hefty fines. The European Commission and Britain’s Competition and Markets Authority are investigating whether Facebook uses data from advertisers to compete with them.

April 5, 2021 | Via Sky News

Facebook Details of More than 500 Million Users Leaked

Details of more than 500 million Facebook users – 11 million from the UK – have been found on a website for hackers. Although the information appears to be several years old, it includes data from 106 countries such as phone numbers, Facebook IDs, full names, locations, birthdates and email addresses. In a statement, Facebook said: “This is old data that was previously reported on in 2019. “We found and fixed this issue in August 2019.”

August 14, 2019 | Via Bloomberg

Facebook Paid Contractors to Transcribe Users’ Audio Chats

Facebook Inc. has been paying hundreds of outside contractors to transcribe clips of audio from users of its services, according to people with knowledge of the work. They’re hearing Facebook users’ conversations, sometimes with vulgar content, but do not know why Facebook needs them transcribed, the people said. Facebook confirmed that it had been transcribing users’ audio and said it will no longer do so, following scrutiny into other companies.

May 23, 2018 | Via USA Today

Zuckerberg Apologizes to European Parliament for Facebook Data Mishandling

Mark Zuckerberg faced difficult questions from EU political leaders in a hearing on Tuesday for Facebook’s recent privacy mishaps. European lawmakers suggested a split from Facebook and complained that Zuckerberg repeated his previous statements, evading specific questions. Zuckerberg began the meeting by apologizing to the European Parliament for Facebook’s role in the spreading of misinformation.

April 26, 2018 | Via Reuters

Facebook Profit Hits All-Time High Despite Privacy Scandal

Despite experiencing a major crisis and investigation into its privacy policies, Facebook’s net profit has reached an all-time high of $4.9 billion. The company’s first quarter saw a 63% increase in profit and 49% increase in revenue resulting from mobile advertising growth. CEO Mark Zuckerberg said the company is ‘off to a strong start in 2018.’

March 27, 2018 | Via CNBC

Facebook’s Privacy Policies Under Investigation by FTC

In the aftermath of Facebook’s involvement with Cambridge Analytica, officials are demanding that Facebook reveals more about its privacy policy, with the Federal Trade Commission confirming an official investigation causing Facebook’s stock to fall. The Senate Judiciary Committee scheduled a hearing on the ‘future of data privacy and social media,’ targeting Facebook, Google, and Twitter.

March 21, 2018 | Via Bloomberg

FTC Investigating Facebook Involvement in Data Mishandling

Formal investigation into Facebook’s involvement in mishandling user information is being opened by the Federal Trade Commission, with American and European politicians calling on Mark Zuckerberg to testify. The FTC investigation comes from the fallout of Cambridge Analytica’s controversial Trump campaign data access tactics and has caused Facebook’s value to be cut by $50 billion.

August 21, 2019 | Via AP News

Facebook Rolls out Tool to Block off-Facebook Data Gathering

Facebook is launching a long-promised tool that lets you limit what the social network can gather about you on outside websites and apps. The company said Tuesday that it is adding a section where you can see the activity that Facebook tracks outside its service via its “like” buttons and other means. You can choose to turn off the tracking; otherwise, tracking will continue the same way it has been.

April 25, 2019 | Via The Guardian

Facebook Expects FTC Fine of up to $5bn in Privacy Investigation

Facebook is expecting to pay as much as $5bn to the US Federal Trade Commission (FTC), it revealed in first quarter financial reports, which otherwise showed continued revenue growth to more than $15bn for the first three months of the year. Facebook recorded a $3bn legal expense “in connection with the inquiry of the FTC into our platform and user data practices”, the company said. The expenses result in a 51% year-over-year decline in net income, to just $2.4bn.

April 15, 2019 | Via Bloomberg

Facebook Suffers Third Major Global Outage this Year

Facebook Inc. suffered its third major outage this year, with users across the world unable to access the social network or its suite of services such as Facebook Messenger, Instagram and WhatsApp. Facebook and Instagram were inaccessible on Sunday morning for several hours with both sites refusing to refresh, while messages were unable to be sent or received in WhatsApp or the Messenger app. The outages add to the woes of Facebook, already embattled by revelations it has failed to safeguard user data or stanch the spread of hate speech, fake news and other forms of disinformation.

September 2021
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