Facebook investors want Zuckerberg to resign as chairman
Facebook investors have called on CEO and founder Mark Zuckerberg to step down as Chairman of the Board of Directors. Shareholders of the American states of Illinois, Rhode Island, Pennsylvania and New York, as well as Trillium Asset Management, want the position to become independent, says ITPro.
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“Facebook exaggerated viewing time ads by up to 900 percent.
Facebook is being sued by advertisers. The company is said to have increased the ratings of advertisements by more than 900 percent. At the same time, CEO Mark Zuckerberg's social network knew for more than a year that the figures were not correct, but did not announce it.
A group of advertisers is ... Read more
Facebook leak becomes first big test for GDPR
The recent Facebook leak affects three million EU citizens. That's what the Irish Data Protection Commission said last Tuesday. CEO Mark Zuckberberg's social network may face a fine of more than one billion dollars if the company does not meet GDPR's requirements.
Within the General Data Protection ... Read more
Facebook deletes hundreds of pages because they break the rules
The U.S. midterm elections are coming up soon. In the run-up to this, Facebook decided to remove several hundred pages related to political spam and coordinated fake behaviour. In this way, the social network is responding to the call for more action when it comes to fake news and attempts at politi... Read more
Facebook may be fined billions for data breach
It looks like Facebook is going to get a hefty fine for the data breach earlier this week. Possibly the social network would have to pay a fine of $1.63 billion for the leak that may have hacked fifty million accounts.
Earlier this week Facebook reported that the accounts of up to fifty million peop... Read more
Hackers capture data from 50 million Facebook users
Last weekend, Facebook announced that, in the event of a security problem, the data of almost fifty million users had been captured. It is not yet entirely clear how the hack exactly took place, but it has to do with a vulnerability in the way the View as function works.
In a blog, Guy Rosen, vice p... Read more
The two ways Facebook wants to make money with WhatsApp
After Facebook took over WhatsApp, it was immediately questionable how CEO Mark Zuckerberg intended to make money with the app. Until then, the latter had always been free of advertising and Zuckerberg stated that money could be earned in other ways. Now it appears that advertisements are being look... Read more
Facebook takes extra measures to prevent manipulation of elections
After the experiences of the previous American Presidential elections, in which fake news was disseminated on social media and attempts were made to hack into the accounts of political candidates and campaign employees, Facebook is now taking additional measures.
Facebook will come up with a pilot i... Read more
Facebook builds its first Asian data center for 1 billion dollars
Facebook is investing no less than 1 billion dollars in the construction of its first data center in Asia. This should be in Singapore and the opening is planned for 2022. The facility opens in the west of the island, where Google has just invested $850 million in expanding its data centers.
This wi... Read more