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Latest in Tag: facebook


Sheryl Sandberg: Facebook's feminist heroine, now in the firing line

In a wildly successful corporate career, Sheryl Sandberg became a billionaire. Through her feminist activism, she urged women around the world to “lean in.” But recent criticism could force her to lean out of Facebook.Few people are as instantaneously associated with two short words as Sheryl Sandberg is with "lean in". The pithy phrase, which …

Deutsche Welle

Facebook: Hackers accessed data of 29 million users

Hackers accessed data from 29 million Facebook accounts as part of the security breach the social media giant disclosed two weeks ago. Facebook originally thought more than 50 million accounts had been affected.Facebook said Friday that hackers accessed personal data of 29 million users in a breach it disclosed two weeks ago. The exact number …

Deutsche Welle

Facebook data breach: Irish authority to investigate security failure

Ireland’s data protection authority has launched a probe into the Facebook security breach that affected some 50 million users. The move could see EU law — and strict fines — come to bear on the online giant.The Irish Data Protection Commission (DPC) has launched an investigation into last week's data breach at Facebook that affected …

Deutsche Welle

Facebook shares dive 20 percent on growth fears, China venture canceled

$125 billion has been wiped off the value of the social media giant after it reported slower revenue growth. A day earlier, China withdrew its approval for Facebook’s planned “innovation hub” in Hangzhou.Shares in Facebook fell as much as 20 percent on the NASDAQ on Thursday after the company reported slowing revenue growth amid larger …

Deutsche Welle

Facebook’s Zuckerberg agrees to webcast of EU parliament hearing

The CEO of Facebook, Mark Zuckerberg, has agreed to have a meeting with EU lawmakers over a data misuse scandal live-streamed. Original plans for the meeting to be held privately had met with criticism.Facebook CEO Mark Zuckerberg has said his upcoming hearing with European Parliament leaders over the Cambridge Analytica scandal can be made public …

Deutsche Welle

Dating on Facebook: power in numbers

Facebook’s announcement that it would launch a dating app was a big surprise. Yet despite recent privacy issues, the company’s millions of single users, special algorithms and deep pockets may still make it a success.Mark Zuckerberg’s revelation on Tuesday that Facebook would soon start testing a new app-only dating service was a major blow to …

Deutsche Welle

Facebook posts profits despite data scandal

Facebook’s CEO Mark Zuckerberg can hit the “like” button when it comes to his company’s earnings: revenue is up significantly, as are average user numbers — good news for Facebook after the Cambridge Analytica scandal.Facebook announced Wednesday that first-quarter revenue had risen, surpassing analyst expectations as the company bounced back after a month-long decline in …

Deutsche Welle

Shall I stay or shall I go now? The Facebook conundrum

When news of the Facebook-Cambridge Analytica data scandal broke, the skies above Menlo Park darkened. As the social network releases its Q1 figures, have rumors of its demise been greatly exaggerated?Over the years, Facebook’s quarterly performance updates have been predictable affairs. The graphs, whether those measuring revenues or numbers of users, have consistently shot up …

Deutsche Welle

Facebook rolls out new privacy policy under stricter EU rules

Facebook users in Europe will soon be asked to adjust their privacy settings as the company seeks to comply with a new EU law. Despite the giving users more control over their data, there’s still a catch.Facebook announced on Wednesday that it will begin rolling out new privacy policies worldwide, starting with changes in Europe …

Deutsche Welle

Facebook to face lawsuit over facial recognition

The social media giant Facebook will have to go to court over its “tag suggestions” tool after a US judge approved a class action lawsuit against the company. The company has been grappling with a privacy crisis.A US federal judge ruled that Facebook would need to face a suit by a group of Illinois-based users …

Deutsche Welle

Facebook’s Zuckerberg admits lack of effort to stop data misuse

Founder of world’s biggest social media platform apologised to US Congress over Cambridge Analytica scandal “It was my mistake, and I’m sorry. I started Facebook, I run it, and I’m responsible for what happens here,”  Facebook CEO Mark  Zuckerberg said while addressing a joint committee hearing of the US Congress on Tuesday, adding that that …

Daily News Egypt

Facebook: dismantling an internet superstar

It’s been a ropey period for Facebook, and with CEO Mark Zuckerberg now up before Congress, things may get even ropier. Can the social media stave off a decline that many have predicted?”Facebook is an idealistic and optimistic company,” offered Mark Zuckerberg to the US senators lined up to question him during his testimony to …

Deutsche Welle

Facebook: ‘The truth has been lost’

After the recent data abuse scandal, Facebook wants to make it easier for its users to protect their privacy. But big data entrepreneur and technology critic, Yvonne Hofstetter, doubts that anything will change.Facebook boss Mark Zuckerberg has repeatedly apologized for the fact that British political consulting firm Cambridge Analytica could illegally mine data from 50 …

Deutsche Welle

Could departing advertisers kill Facebook?

“Move fast and break things” is a famous Facebook corporate motto. The recent data breach scandal has certainly seen trust broken fast, especially among users. Will it leak into Facebook’s key revenue source?It is a truth universally acknowledged that a tech giant in search of lucrative advertising revenue must be in want of your data. …

Deutsche Welle

India sends notice to Facebook over possible election manipulation

India has sent a notice to Facebook asking about possible data breaches and electoral manipulation. With 241 million active members, India is the social media giant’s largest market.India’s government has sent a notice to Facebook asking whether the personal data of voters has been compromised by UK-based Cambridge Analytica or any other “downstream entity.” The …

Deutsche Welle

Facebook to change privacy controls amid data scandal outcry

The social network has said the changes will give users more control over their data. Among the measures is a new privacy shortcut menu that will allow people to quickly increase the security of an account.Facebook said on Wednesday it was planning to revamp its privacy settings in an effort to give users more control …

Deutsche Welle

Who is Facebook CEO and founder Mark Zuckerberg?

Social media mogul Mark Zuckerberg is believed to be among the most powerful men in the world. As the head of Facebook, Zuckerberg became a billionaire at a very young age, but his rise was not without controversy.The 33-year-old Mark Zuckerberg rules an empire many world leaders would envy – he is the head of …

Deutsche Welle

France fines Facebook over ‘targeted advertising’

French regulator CNIL has penalized the US social network for failing to protect its users’ data, with the fine being relatively modest, but marking a new phase in the spat between Facebook and the EU.French data protection watchdog CNIL said Tuesday, it had imposed a fine of 150,000 euros ($166,000) on Facebook and its subsidiary …

Deutsche Welle