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updated Mon. May 7, 2018

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What? Me worry? That was the mood from the leading modern monopolies this week as they all announced first quarter earnings. Amazon, Google and Facebook have become political targets over the last year, but you wouldn't know it by looking at the numbers.
Facebook's Messenger Kids, the social network's new chat app for the under-13 crowd, has been designed to give parents more control over their kids' contact list. Today, the app is gaining a new feature, “sleep mode,” aimed at giving parents the ability to turn the app off at designated times. The idea is that ...

Despite Facebook being under fire for everything pertaining to Cambridge Analytica, the company still hopes to be able to do some good. Today, Facebook is dropping its platform fees pertaining to fundraisers for personal causes. That means Facebook is getting rid of the 4.3 percent platform fee in the U.S. ...
Facebook (fb, -0.20%) investors and staff probably let out a collective sigh of relief on Thursday, after the social media giant reported stronger-than-expected earnings that sent shares rebounding back to near-record highs. But strong financial performance doesn't mean that all is well for the social media ...
Facebook and Google should be afraid: Analyst. 11 Hours Ago. Anthony Chukumba, Loop Capital Markets, discusses why Amazon has a competitive edge when it comes to advertising and cloud computing. Watch CNBC Live TV ...
Facebook's latest earnings report showed the company escaped its recent round of public scrutiny mostly unscathed, but a filing made this week with the US Securities and Exchange Commission shows that Facebook is expecting to find more massive misuses of data similar to the one that sparked the ...

Facebook launched a TV ad campaign on Wednesday that addresses the recent controversies swirling around the platform and attempts to remind users of simpler times. Titled “Here Together,” the 60-second commercial makes an appeal to the relationships users build on the site, corresponding with CEO ...
It's easy to see why “you are the product” is so resonant these days. In a time of confusing data-privacy scandals and mysterious machine-learning algorithms, it offers a deliciously simple explanation for internet companies' alleged misdeeds. Facebook doesn't really care about its users, the saying implies, ...
In our previous article on Facebook (FB) that was published on April 9, we warned that bears were overreacting to the news of the Cambridge Analytica scandal. As the initial panic faded, investors began to see that fundamentals were likely to be unaffected, as the growth in users around the world and ...
Tell someone not to do something and sometimes they just want to do it more. That's what happened when Facebook put red flags on debunked fake news. Users who wanted to believe the false stories had their fevers ignited and they actually shared the hoaxes more. That led Facebook to ditch the ...
Facebook's CTO Mike Schroepfer has just undergone almost five hours of often forensic and frequently awkward questions from members of a UK parliament committee that's investigating online disinformation, and whose members have been further fired up by misinformation they claim Facebook gave it.
Facebook didn't mention Cambridge Analytica by name in its filing, but clearly told investors that more such incidents will probably be discovered. Facebook's business is holding up just fine so far and the stock jumped more than 9 percent on Thursday after the company's results topped analysts' estimates.
Following up on a recurring thread from Mark Zuckerberg's congressional appearance earlier this month, the House held a hearing today on perceived bias against conservatives on Facebook and other social platforms. The hearing, ostensibly about “how social media companies filter content on their ...
Facebook's FB, +9.06% first-quarter earnings report nicely exploded the hype about how the Cambridge Analytica “scandal” would lead to plagues, locusts, and a tidal wave of defections by Facebook and Instagram users and advertisers. Profit surged 63%, revenue jumped 49%, and once-troublesome ...
Facebook opened more than 8 percent higher a day after reporting better-than-expected first quarter earnings. Shares opened at $173.22 Thursday after closing Wednesday below $160. That puts Facebook on pace for it's best day since January 2016. Facebook beat on both the top and bottom lines, ...
It appears all-is-forgotten on Wall Street concerning Facebook's data leak scandal that caused the stock to lose billions of dollars in market value, CNBC's Jim Cramer said on Thursday. In addition to reporting late Wednesday quarterly earnings and revenue that blew expectations, the company announced ...
While the stocks — known by the acronym FAANG, which stands for the quintet of Facebook, Apple, Amazon, Netflix, and Google, whose parent company is Alphabet Inc. — have come under heavy volatility in 2018, they have generally performed in line with the overall market, and some of them have ...

Cybercriminals have been advertising stolen information like addresses, credit card numbers, dates of birth and social security numbers on Facebook, Motherboard reports today, and they've been doing it unchecked for years. Security researcher Justin Shafer tipped Motherboard off to the information, ...
The authorities in a number of European countries contend that Facebook has unfairly used its leverage to collect details about the activities of both Facebook users and nonusers on millions of third-party sites that use tools like Facebook's “like” button and analytics service. Some of those regulators have ...
Facebook clarified exactly what you're not allowed to post on the platform, and the list is super-long and specific. The company's 7,500 content moderators use Facebook's new 27-page content guidelines list when deciding what's acceptable content on the platform — and what should be taken down.
There's a curious divide on social media about when, where, and what kind of female nipples are allowed to exist in photos. Pictures of post-mastectomy scarring and breastfeeding are generally okay, as is nudity in art, but Instagram strictly forbids nipples on breasts outside of those guidelines. Twitter is far ...
Facebook is making good on Mark Zuckerberg's promise to prioritize user safety and data privacy over its developer platform. Today Facebook and Instagram announced a slew of API shutdowns and changes designed to stop developers from being able to pull your data or your friends' data without ...
Trying times in Menlo Park, it seems: Amid assaults from all quarters largely focused on privacy, Facebook is shifting some upper management around to better defend itself. Its head of policy in the U.S., Erin Egan, is returning to her chief privacy officer role, and a VP (and former FCC chairman) is taking her ...
Facebook has finally made its moderation guidelines officially available to the public in full and boy is this a fascinating glimpse into a convoluted set of rules that once censored the entire ACLU Facebook page over a post about ... wait for it ... censorship. (The case in question concerned a partially nude ...
Mark Zuckerberg has faced his critics online and in Washington, but on Wednesday, Wall Street gets its chance to grill the Facebook CEO. Usually there's little to complain about for the company that has come to dominate the digital ad industry, making billions in quarterly sales. In that regard, nothing much ...
The recent Facebook-Cambridge Analytica chaos has ignited a fire of awareness, bringing the risks of today's data surveillance culture to the forefront of mainstream conversations. This episode and the many disturbing prospects it has emphasized have forcefully awakened a sleeping giant: people ...
Last June, Facebook described how it uses AI to help find and take down terrorist content on its platform and in November, the company said that its AI tools had allowed it to remove nearly all ISIS- and Al Qaeda-related content before it was flagged by a user. Its efforts to remove terrorist content with ...
What's Next: Robots: Amazon is ramping up development on Vesta, an in-home robot that moves around the house and provides Alexa-like features, per Bloomberg. Vesta is named after the Roman goddess of the hearth, home and family, and could be in your home by 2019. Amazon says it won't comment ...
Palihapitiya, a former Facebook employee, said that a handful of private companies have the same level of information about people as government agencies such as the IRS. Once people "internalize" that, he said, the same level of regulation might apply to tech companies and government agencies.
Facebook is on the ropes – again. Having been grilled by Congress over allegations of data misuse – and a host of other issues – Mark Zuckerberg and his lieutenants must now return their attention to this side of the Atlantic. Here they will find health secretary Jeremy Hunt raising the spectre of legislation ...
Facebook is in the midst of an ongoing controversy over its role in the 2016 US presidential election, particularly for its business model. Facebook is in the business of ad sales. The way Facebook targets ads is by using information from users. Since Facebook is a free service, and it turns user information into revenue ...
Gundlach, known as the king of the bond market, urged investors to bet against Facebook (FB) stock because of the risk that the company's user data crisis will trigger a government crackdown. "Equity bubbles get popped by regulation," he said on Monday at the Sohn Investment Conference in New York.
SAN FRANCISCO — In Europe and the United States, the conventional wisdom is that regulation is needed to force Silicon Valley's digital giants to respect people's online privacy. But new rules may instead serve to strengthen Facebook's and Google's hegemony and extend their lead on the internet.
Facebook has taken the lion's share of scrutiny from Congress and the media about data-handling practices that allow savvy marketers and political agents to target specific audiences, but it's far from alone. YouTube, Google and Twitter also have giant platforms awash in more videos, posts and pages than ...
Yes, but: Facebook's spending was only 3% higher than its previous quarterly record — set in the same period in 2017 — despite the fact that political winds have turned against the company in the last year. The first quarter of 2018 also only covered part of the backlash over Cambridge Analytica's harvesting of Facebook ...
The first thing you need to know is that Facebook is an idealistic and optimistic company that aims to enfold every human on the planet into its wonderful global community. Our mission is to unite humanity and thereby bring about world peace. To do that, we provide an awesome range of cool online ...
We came to this house to try to understand the forces of social disruption that have followed Facebook's rapid expansion in the developing world, whose markets represent the company's financial future. For months, we had been tracking riots and lynchings around the world linked to misinformation and ...
I MET UP with a friend in a cafe a few weeks after deleting my Facebook account in 2010. “I wouldn't date someone who wasn't on Facebook,” she said, “they have secrets.” “I don't think that's true,” I frowned, rapidly developing a guilty conscience for something I wasn't aware of. I wanted to delete my ...
One of those privacy policies you probably don't read just got a makeover. Facebook, the world's largest social network, revamped the policies it uses when collecting data on the more than 2 billion people who use it every month. As part of the new policy, released April 19, the company is also spelling out ...
Facebook resisted selling pre-roll video ads for years, the kind of ads that run before you get to watch the video you clicked to watch. The feeling was that people don't actually like them, and they either ruin the experience or cause people to abandon the video altogether. The problem: Advertisers love ...
The owners of Black Market Dudley, a pop-up market that caters mostly to entrepreneurs of color, expressed frustration Friday after Facebook temporarily shut down their business's page. The incident followed controversy over “White Lives Matter” graffiti found scrawled on their business's outside wall.
It was another terrible day for Facebook and the company had dispatched Campbell Brown, its head of news partnerships, to do some damage control. In mid-March, Ms. Brown took the stage at a conference in New York about the future of the media industry. In front of a room full of editors and advertising ...
Of course, Hefner's work-at-home windfall wouldn't be possible without Facebook. “I sell exclusively online through my VIP Facebook page and through parties [arranged online], in which a hostess invites her family and friends to an online or in-person event that I run,” Hefner explained. The hostess then ...
Facebook finally released a tool last week allowing users to check if their personal data was compromised by Cambridge Analytica, the shady British firm that used such data to “psychologically profile” potential voters. I took a deep breath, clicked, and was greeted with good news: “Based on our available ...
Facebook researchers are creating a device that could allow users to interpret messages through vibrations, MIT Technology Review reported. Researchers from the social media company built a prototype of a cast-like device that vibrates in patterns to match up with specific sound. Inspired by Braille and ...
Four Americans were living thousands of miles apart and were strangers to each other, having only crossed paths at international peace conferences. But, in March 2015, a desperate message on Facebook had them joining forces online—through Facebook, Skype, WhatsApp and Twitter—to save a man's ...
If U.S. regulators crack down on Facebook's advertising business in the wake of the Cambridge Analytica scandal, Mark Zuckerberg might take more of his direction from 19th-century newspapermen. Those young men went West, but in the case of the Facebook founder and CEO, it's East, or at least ...
Facebook is introducing new privacy controls to each of its 2 billion users as part of compliance with the EU's General Data Protection Regulation (GDPR) that will come into effect on May 25th. Facebook will ask every user, regardless of where they live, to review their privacy choices, from the information ...
Facebook tracks us, and not just the things we've shared with our friends. If we use Facebook's Messenger service, we may have allowed it to access all our contacts, including the names and phone numbers of our doctors, children, favorite pizza delivery services, clients, and more. It tracks all of the dates, ...
Microsoft, Facebook and Cloudflare are among a group of technology firms that have signed a joint pledge committing publicly not to assist offensive government cyberattacks. The pledge also commits them to work together to enhance security awareness and the resilience of the global tech ecosystem.


 

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