Tag Archives: FB

Companies using Facebook 'Like' button liable for data: EU court Facebook FB EU court liable like button

Companies using Facebook ‘Like’ button liable for data: EU cour...

07 July, 2019 11:10 pm 11:10 pm

BRUSSELS (Reuters) – Companies that embed Facebook’s “Like” button on their websites must seek users’ consent to transfer their personal data to the US social network, in line with the bloc’s data privacy laws, Europe’s top court said on Monday. Website plugins such as Facebook’s “Like” button are a common feature of online retail as … Read More

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Zuckerberg says Facebook’s future is going big on private chats

03 March, 2019 10:12 am 10:12 am

SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg said the company would encrypt conversations on more of its messaging services and make them compatible, the latest sign that the world’s biggest social network sees its future in intimate online chats. Zuckerberg said in a post on his Facebook profile that within a few … Read More

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EU countries back copyright reforms aimed at Google, Facebook

02 February, 2019 4:36 pm 4:36 pm

BRUSSELS (Reuters) – European Union countries on Wednesday endorsed an overhaul of the bloc’s copyright rules which would force Google and Facebook Inc to pay publishers for news snippets and filter out copyright-protected content on YouTube or Instagram. A majority of EU diplomats agreed to the revamp while Finland, Italy, Luxembourg, the Netherlands and Poland … Read More

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Facebook defends Russia response, updates plan to curb misbehaviour

11 November, 2018 6:48 pm 6:48 pm

SAN FRANCISCO (Reuters) – Facebook Inc Chairman and Chief Executive Mark Zuckerberg on Thursday defended his response to Russian election meddling on the world’s largest social media network and issued a new plan aimed at stifling misbehaviour while maintaining a vibrant hub for online speech. His comments in a conference call with journalists and in … Read More

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Facebook expects rising costs to combat scandals to moderate after 2019

10 October, 2018 12:15 pm 12:15 pm

(Reuters) – Facebook Inc (FB.O) on Tuesday relieved investors by forecasting that margins would stop shrinking after 2019 as costs from scandals ease up, sending shares up despite a second-straight quarter with record-low user growth. Chief Executive Mark Zuckerberg repeated the company’s warning that growing user interest in private messaging, video and safer content would … Read More

Facebook shares sink on perfect storm of bad news

07 July, 2018 12:35 pm 12:35 pm

WASHINGTON (AFP) – It has turned into a brutal reality check for Facebook. The social network star — which has weathered storms over privacy and data protection — is now looking at cooler growth following a years-long breakneck pace. Shares in Facebook plummeted 19 percent to close at $176.26 Thursday, wiping out some $100 billion … Read More

Facebook confirms data sharing with Chinese companies

06 June, 2018 5:26 pm 5:26 pm

WASHINGTON (Reuters) – Facebook Inc (FB.O) said Tuesday it has data sharing partnerships with at least four Chinese companies including Huawei, the world’s third largest smartphone maker, which has come under scrutiny from US intelligence agencies on security concerns. The social media company said Huawei (002502.SZ), computer maker Lenovo Group (0992.HK), and smartphone makers OPPO … Read More

Facebook face-off: EU gets little news from Zuckerberg

05 May, 2018 8:32 am 8:32 am

BRUSSELS (Reuters) – Facebook CEO Mark Zuckerberg sailed through a grilling from EU lawmakers about the social network’s data policies as lengthy questions left the 34-year-old American little time to answer. Betraying little emotion, Zuckerberg apologised to leaders of the European Parliament in Brussels for a massive data leak, in his latest attempt to draw … Read More