Tag Archives: Mark Zuckerberg

Facebook Co-Founder: It’s Time To Break Up Facebook

Facebook co-founder Chris Hughes writes in a NYT op-ed: Mark’s influence is staggering, far beyond that of anyone else in the private sector or in government. He controls three core communications platforms — Facebook, Instagram and WhatsApp — that billions of people use every day. Facebook’s board works more like an advisory committee than an overseer, because Mark controls around …

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Facebook Unveils Major Redesign, Focuses On Groups

The New York Times reports: Mark Zuckerberg declared last month that he planned to shift Facebook away from being a public town square and to private communications. Now the chief executive is rolling out the first in a series of changes to achieve that. On Tuesday at its annual developer conference, Facebook unveiled a redesign of its mobile app and …

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Facebook Staffers Could Probably See Your Password

The Associated Press reports: Facebook left millions of user passwords readable by its employees for years, the company acknowledged Thursday after a security researcher exposed the lapse. By storing passwords in readable plain text, Facebook violated fundamental computer-security practices. Those call for organizations and websites to save passwords in a scrambled form that makes it almost impossible to recover the …

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Feds Target Facebook Data Deals In Criminal Probe

The New York Times reports: Federal prosecutors are conducting a criminal investigation into data deals Facebook struck with some of the world’s largest technology companies, intensifying scrutiny of the social media giant’s business practices as it seeks to rebound from a year of scandal and setbacks. A grand jury in New York has subpoenaed records from at least two prominent …

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Zuckerberg Vows “Privacy-Focused” Future At Facebook

CNBC reports: Facebook CEO Mark Zuckerberg on Wednesday posted a 3,000 word note outlining a more “privacy-focused” future for the tech company, saying that communications platforms that protect privacy will “become even more important than today’s open platforms.” “I believe the future of communication will increasingly shift to private, encrypted services where people can be confident what they say to …

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Facebook CEO Floats Crowd-Sourced Fact-Checking

The Guardian reports: Facebook chief executive Mark Zuckerberg revealed that he is considering crowd sourcing as a new model for Facebook’s third-party fact checking partnerships. “I think that the real thing that we want to try to get to over time is more of a crowdsourced model where people, it’s not that people are trusting some sort, some basic set …

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Facebook Reveals Yet Another Privacy Breach

CBS News reports: Facebook said Friday that a security glitch may have let third-party apps access the private photos of as many as 6.8 million users, the latest example of the social-media company failing to protect people’s online content. The incident, which took place during a 12-day period in September, included images never fully uploaded to the platform and those …

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BRITAIN: Parliament Seizes Internal Facebook Docs

The BBC reports: Parliament has used its legal powers to seize internal Facebook documents in an extraordinary attempt to hold the US social media giant to account after chief executive Mark Zuckerberg repeatedly refused to answer MPs’ questions. The cache of documents is alleged to contain significant revelations about Facebook decisions on data and privacy controls that led to the …

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NYT: Facebook Hired GOP Firm To Bash George Soros

The Daily Beast reports: Facebook reportedly used a Republican opposition-research firm and its connections to a Jewish civil-rights group to link the anti-Facebook movement to prominent liberal donor George Soros and claim that some criticism against the tech giant was anti-Semitic, The New York Times reports. Facing negative press, Facebook reportedly expanded its use of Definers Public Affairs, a firm …

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Facebook Ends On-Site Help To Political Campaigns

Reuters reports: Facebook Inc said on Thursday that it would no longer dispatch employees to the offices of political campaigns to offer support ahead of elections, as it did with U.S. President Donald Trump in the 2016 race. The company and other major online ad sellers including Alphabet Inc’s Google and Twitter Inc have long offered free dedicated assistance to …

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Facebook Loses $120 Billion In Value, Largest One-Day Loss For Any Company In US Stock Market History

CBS News reports: Facebook lost about $120 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history. The company’s shares plunged $41.24, or almost 19 percent, to $176.26 a day after the social media giant reported disappointing results. The slide is the largest decline market capitalization in history, exceeding Intel’s $91 billion single-day loss in …

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Terrorized By Extremists, Sandy Hook Parents Accuse Facebook CEO Of “Providing A Safe Haven For Hate”

The New York Daily News reports: The parents of a Sandy Hook shooting victim accused Facebook CEO Mark Zuckerberg of “providing a safe haven for hate” and implored him to take action against the conspiracy theorists who continue to hound them six years after their child’s death. Leonard Pozner and Veronique De La Rosa’s 6-year-old son Noah was killed at …

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Facebook Suspends 200 Apps For “Misusing Data”

From Facebook’s corporate blog: The investigation process is in full swing, and it has two phases. First, a comprehensive review to identify every app that had access to this amount of Facebook data. And second, where we have concerns, we will conduct interviews, make requests for information (RFI) — which ask a series of detailed questions about the app and …

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Russian Facebook Ads Sought To Inflame Racial Discord

USA Today reports: The Russian company charged with orchestrating a wide-ranging effort to meddle in the 2016 presidential election overwhelmingly focused its barrage of social media advertising on what is arguably America’s rawest political division: race. The roughly 3,500 Facebook ads were created by the Russian-based Internet Research Agency, which is at the center of Special Counsel Robert Mueller’s February …

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Zuckerberg: Facebook Will Launch A Dating Service

Reuters reports: Facebook Inc is entering the dating game, Chief Executive Mark Zuckerberg said on Tuesday, planning a dating service to matchmake millions of people on the world’s largest online social network and nudge them into spending more time there. The service, which Facebook had considered offering for over a decade and will launch soon, could help rebuild its popularity …

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Cambridge Analytica Threatens Journalists

Law & Crime reports: Cambridge Analytica is threatening legal action against journalists who report unfavorable information regarding the controversial big data-mining firm. Perhaps the embattled firm is frightened by the swelling amount of attention due to Mark Zuckerberg‘s two days worth of congressional testimony. In any event, Cambridge Analytica has shifted its denial strategy to issuing vague threats of litigation …

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Zuckerberg: Cambridge Analytica Got My Own Data Too

USA Today reports: Mark Zuckerberg says his data was exposed in the Cambridge Analytica leak. The Facebook CEO made the admission during questioning on Capitol Hill Wednesday. The hearing before the House Energy and Commerce Committee was his second appearance before lawmakers in as many days. He took questions on privacy practices, foreign interference in U.S. elections and whether Facebook …

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Zuckerberg: We’re Working With Mueller [VIDEO]

CNBC reports: Facebook CEO Mark Zuckerberg testified to a joint hearing of the Senate Judiciary and Commerce committees Tuesday that Facebook is cooperating with Special Counsel Robert Mueller’s investigation. “I know we are working with them,” Zuckerberg said during the hearing. When asked by Senator Patrick Leahy of Vermont about Facebook’s involvement with Mueller’s investigation, Zuckerberg confirmed the cooperation but …

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LIVE VIDEO: Zuckerberg Testifies Before Congress

CNBC reports: Mark Zuckerberg is testifying at a joint hearing of the Senate Judiciary and Commerce committees Tuesday, in the first of two congressional hearings for the Facebook founder and CEO. The company is facing questions following reports that research firm Cambridge Analytica improperly gained access to the personal data of as many as 87 million Facebook users. Zuckerberg is …

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Facebook Rolls Out Data Abuse Bounty Program

The Hill reports: Facebook on Tuesday officially launched a program to reward users for reporting “data abuse” on its platform. The move comes as Facebook CEO Mark Zuckerberg prepares to testify before lawmakers on Capitol Hill amid scrutiny over the controversy surrounding Cambridge Analytica, a data firm that Facebook says improperly obtained data on potentially 87 million of its users. …

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