ZUCKERBERG APOLOGIZES FOR FACEBOOK MISTAKES WITH USER DATA VOWS CURBS

KOGAN, WHO GATHERED THE DATA BY RUNNING A SURVEY APP ON FACEBOOK, ALSO SAID HE WAS BEING MADE A SCAPEGOAT BY FACEBOOK AND CAMBRIDGE ANALYTICA.

HIS PLANS DID NOT REPRESENT A BIG REDUCTION OF ADVERTISERS' ABILITY TO USE FACEBOOK DATA, WHICH IS THE COMPANY'S LIFEBLOOD.

Analysts have raised concerns that the incident will reduce user engagement with Facebook, potentially lessening its clout with advertisers.
Facebook shares pared gains on Wednesday after Zuckerberg's post, closing up 0.7 percent.
Facebook was unable to answer many questions, two aides who attended the briefing said.

SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg apologized on Wednesday for mistakes his company made in how it handled data belonging to 50 million of its users and promised tougher steps to restrict...

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FACEBOOK'S ZUCKERBERG UNSCATHED BY CONGRESSIONAL GRILLING, STOCK RISES


Facebook Inc Chief Executive Mark Zuckerberg fielded 10 hours of questions over two days from nearly 100 U.S. lawmakers and emerged largely unscathed and considerably richer... READ MORE

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ANALYSIS | THE BIG QUESTIONS FOR MARK ZUCKERBERG ON FACEBOOK'S ROLE IN BURMA


Zuckerberg Facebook role in Burma needs to be questioned, rights groups say... READ MORE

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TRUMP CONSULTANTS HARVESTED DATA FROM 50 MILLION FACEBOOK USERS


Facebook said it acted against Cambridge Analytica and SCL after receiving reports they did not delete information about Facebook users that had been inappropriately shared... READ MORE

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FACEBOOK DATA OF 50M USERS EXPLOITED BY TRUMP DATA FIRM, SAY REPORTS; FIRM SUSPENDED


In 2015, Facebook learned that the researcher Kogan broke its policies by passing on the information to Cambridge Analytica and to Christopher Wylie of Eunoia Technologies... READ MORE

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FACEBOOK HAS A BILLION USERS IN A SINGLE DAY, SAYS MARK ZUCKERBERG


For the first time over a billion people used Facebook on a single day according to company founder Mark Zuckerberg... READ MORE

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CREATE WORLD WHERE EVERYONE HAS SENSE OF PURPOSE


Facebook CEO Mark Zuckerberg to Harvard grads Create world where everyone has sense of purpose... READ MORE

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FACEBOOK AND UK POLITICAL CONSULTANCY SUED IN DATA STORM


Facebook and Cambridge Analytica have both blamed Kogan, who gathered the data by running a survey app on Facebook... READ MORE

21st March, 2018 2705

'FACEBOOK DATA IS FOR SALE ALL OVER THE WORLD'


Steve Bannon on Cambridge Analytica 'Facebook data is for sale all over the world'... READ MORE

23rd March, 2018 2278

FACEBOOK CHANGES ITS PRIVACY SETTING: WHAT YOU NEED TO KNOW


Facebook is updating its privacy settings to make it easier for users to control what data they share on the network... READ MORE

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IF ZUCKERBERG WANTS TO RULE THE WORLD, DOES HE EVEN NEED TO BE PRESIDENT?


But that's exactly what Mark Zuckerberg has done in his letter to the Facebook community, published on Thursday... READ MORE

17th February, 2017 553

FACEBOOK CEO MARK ZUCKERBERG WILL SPEAK ABOUT DATA CRISIS IN NEXT 24 HOURS


The stock reversed an earlier decline on the news, rising 0.2 percent to 168.46 at 11 05 a.m... READ MORE

21st March, 2018 446

EU SAYS FACEBOOK CONFIRMED DATA OF 2.7 MILLION EUROPEANS 'IMPROPERLY SHARED'


Facebook has confirmed that the data of 2.7 million EU citizens were among those improperly used by political consultancy Cambridge Analytica, the EU executive said on Friday... READ MORE

6th April, 2018 428

MARK ZUCKERBERG GAVE A 20-MINUTE SPEECH IN MANDARIN TO CHINESE STUDENTS


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AFTER FACEBOOK'S RESPONSE TO PARIS PEOPLE ARE ACCUSING IT OF IGNORING THE MIDDLE EAST


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FACEBOOK CAMBRIDGE ANALYTICA DATA LEAKS: WHEN SOCIAL MEDIA STOPS BEING FUN


The Cambridge Analytica incident calls for renewed debate on social networks and their impact on the global political landscape... READ MORE

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HOW TRUMP CONSULTANTS GOT BANNED BY FACEBOOK FOR EXPLOITING MILLIONS OF USERS' DATA


He added that the company was suspending Cambridge Analytica, Wylie and the researcher, Aleksandr Kogan, a Russian-American academic, from Facebook... READ MORE

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HOUSE RUSSIA PROBE TO CLOSE DESPITE REVELATIONS ABOUT DATA FIRM


Cambridge Analytica and parent Strategic Communication Laboratories have been suspended from Facebook, pending further information, the Menlo Park, California-based company said in a blog post Friday... READ MORE

20th March, 2018 84


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